Is Nottingham Retirement Community Inc Legit?

Quick charity verification for Nottingham Retirement Community Inc (EIN: 161468628)

Verdict: Nottingham Retirement Community Inc shows mixed signals

60/100Mission Score

$16.8MRevenue

$36.8MAssets

4Red Flags

3Strengths

Red Flags

Consistent operating deficits in recent years (2021, 2022, 2023), with a significant $5.3 million deficit in 2023.
High liabilities relative to assets, indicating a potentially leveraged financial position.
Unusually low (0%) reported officer compensation for an organization of this size, which may obscure actual executive pay.
Declining assets from a peak of $41.9 million in 2021 to $32.2 million in 2023, while liabilities remained high.

Strengths

Long operational history with 13 IRS 990 filings, indicating stability and continuity.
Substantial asset base of $36,831,760 (latest available) provides a foundation for operations.
Consistent revenue growth from $10.0 million in 2014 to $15.5 million in 2023, demonstrating demand for services.

Spending Breakdown

How Nottingham Retirement Community Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Nottingham Retirement Community Inc

Is Nottingham Retirement Community Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Nottingham Retirement Community Inc (EIN: 161468628) shows mixed signals. Mission Score: 60/100. 4 red flags identified, 3 strengths noted.

Is Nottingham Retirement Community Inc a good charity to donate to?

Nottingham Retirement Community Inc has a Mission Score of 60/100. Revenue: $16.8M. Assets: $36.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Nottingham Retirement Community Inc?

The Employer Identification Number (EIN) for Nottingham Retirement Community Inc is 161468628. 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 Nottingham Retirement Community Inc spend its money?

Nottingham Retirement Community Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Nottingham Retirement Community Inc's tax-exempt status?

You can verify Nottingham Retirement Community Inc's tax-exempt status using EIN 161468628 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

Nottingham Retirement Community Inc. demonstrates a consistent operational history, with revenue growing from $10,023,340 in 2014 to $15,537,839 in 2023. However, the organization has experienced significant fluctuations in its financial health, notably reporting expenses exceeding revenue in several recent periods, including a substantial deficit of over $5.3 million in 2023 ($15,537,839 revenue vs. $20,934,523 expenses). This trend of expenses outpacing revenue in 2021, 2022, and 2023 suggests potential operational challenges or significant investments. The organization's assets have also seen considerable variation, peaking at $41,923,215 in 2021 before declining to $32,221,732 in 2023, while liabilities have remained relatively high, often close to or exceeding assets in recent years, indicating a leveraged financial position.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing executive overhead, or that compensation is structured differently and not reported under 'Officer Comp'. The significant deficits in recent years, particularly the $5.3 million deficit in 2023, raise questions about the sustainability of current operations and spending patterns. Transparency regarding the allocation of these expenses would be crucial for a comprehensive evaluation.

Overall, while the organization has a long operating history and substantial assets, the recent trend of significant operating deficits and high liabilities warrants closer examination. The lack of reported officer compensation is a positive indicator for transparency in that specific area, but a more detailed breakdown of expenses is needed to fully evaluate spending efficiency and financial health.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.