Is North Shore Community College Foundation Inc Legit?
Quick charity verification for North Shore Community College Foundation Inc (EIN: 222485476)
Verdict: North Shore Community College Foundation Inc appears trustworthy
75/100Mission Score
$8.4MRevenue
$16.2MAssets
2Red Flags
3Strengths
Red Flags
Significant year-over-year revenue volatility (e.g., $5,346,444 in 2022 down to $1,938,474 in 2024) could indicate an unstable funding model.
Lack of detailed executive compensation figures makes it difficult to assess leadership costs and fairness.
Strengths
Consistent and substantial asset growth over the past seven years, from $8,712,885 to $15,150,334, demonstrates strong financial stewardship.
The foundation maintains a healthy asset base relative to its annual expenses, indicating long-term stability.
Low reported administrative and fundraising costs (implied by 0% compensation and strong asset growth) suggest efficient operations.
Spending Breakdown
How North Shore Community College Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 North Shore Community College Foundation Inc
Is North Shore Community College Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, North Shore Community College Foundation Inc (EIN: 222485476) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is North Shore Community College Foundation Inc a good charity to donate to?
North Shore Community College Foundation Inc has a Mission Score of 75/100. Revenue: $8.4M. Assets: $16.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for North Shore Community College Foundation Inc?
The Employer Identification Number (EIN) for North Shore Community College Foundation Inc is 222485476. 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 North Shore Community College Foundation Inc spend its money?
North Shore Community College Foundation Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify North Shore Community College Foundation Inc's tax-exempt status?
You can verify North Shore Community College Foundation Inc's tax-exempt status using EIN 222485476 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
North Shore Community College Foundation Inc is a education nonprofit based in Danvers, Massachusetts, with reported revenue of $8.4M and assets of $16.2M. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. Executive compensation is reported as 0% in available filings, suggesting either a volunteer leadership structure or that compensation details are not disclosed in the provided data. Revenue has grown +248% across 13 filing periods.