Quick charity verification for Manchester Housing For The Elderly (EIN: 10367056)
Verdict: Manchester Housing For The Elderly appears trustworthy
70/100Mission Score
$252KRevenue
$702KAssets
4Red Flags
3Strengths
Red Flags
Consistent operational deficits (expenses often exceed revenue)
Declining asset base over the past decade (from $769,561 in 2014 to $690,523 in 2023)
Increasing liabilities over the past decade (from $800,405 in 2014 to $869,166 in 2023)
Liabilities significantly exceed assets ($869,166 vs. $690,523 in 2023)
Strengths
Consistent IRS 990 filing history (13 filings)
0% reported officer compensation across all filings, indicating high efficiency in leadership costs
Stable revenue generation over the past decade, consistently around $180,000 - $230,000
Spending Breakdown
How Manchester Housing For The Elderly allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Manchester Housing For The Elderly
Is Manchester Housing For The Elderly a legitimate charity?
Based on AI analysis of IRS 990 filings, Manchester Housing For The Elderly (EIN: 10367056) appears trustworthy. Mission Score: 70/100. 4 red flags identified, 3 strengths noted.
Is Manchester Housing For The Elderly a good charity to donate to?
Manchester Housing For The Elderly has a Mission Score of 70/100. Revenue: $252K. Assets: $702K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Manchester Housing For The Elderly?
The Employer Identification Number (EIN) for Manchester Housing For The Elderly is 10367056. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Manchester Housing For The Elderly spend its money?
Manchester Housing For The Elderly allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Manchester Housing For The Elderly's tax-exempt status?
You can verify Manchester Housing For The Elderly's tax-exempt status using EIN 10367056 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Manchester Housing For The Elderly demonstrates consistent financial operations, with revenues generally covering expenses, though often with a slight deficit. For instance, in 2023, revenue was $231,269 against expenses of $232,342, indicating a minor operational loss. The organization's assets have shown a gradual decline over the past decade, from $769,561 in 2014 to $690,523 in 2023, while liabilities have steadily increased, reaching $869,166 in 2023. This trend suggests a reliance on debt or other non-asset-based funding to cover operational costs or maintain facilities.
The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available. A significant positive indicator is the reported 0% officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is highly efficient. However, without a detailed breakdown of expenses (e.g., program vs. administrative), it's challenging to fully assess spending efficiency. The increasing liabilities relative to declining assets warrant closer examination to understand the long-term financial sustainability and the nature of these obligations.