Quick charity verification for Palms And Woodbine Fl Inc (EIN: 208734059)
Verdict: Palms And Woodbine Fl Inc has notable concerns
10/100Mission Score
$0Revenue
$0Assets
2Red Flags
2Strengths
Red Flags
Latest filing shows $0 revenue and assets, indicating potential inactivity or dissolution.
Historical expenses frequently exceeded revenue, such as in 2012 ($8.4M expenses vs $2.2M revenue) and 2014 ($6.0M expenses vs $5.9M revenue), suggesting potential operational deficits.
Strengths
Historically managed significant asset bases, reaching over $100 million in 2011.
Reported 0% officer compensation in all available historical filings, suggesting a commitment to minimizing executive overhead.
Spending Breakdown
How Palms And Woodbine Fl Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
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 Palms And Woodbine Fl Inc
Is Palms And Woodbine Fl Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Palms And Woodbine Fl Inc (EIN: 208734059) has notable concerns. Mission Score: 10/100. 2 red flags identified, 2 strengths noted.
Is Palms And Woodbine Fl Inc a good charity to donate to?
Palms And Woodbine Fl Inc has a Mission Score of 10/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Palms And Woodbine Fl Inc?
The Employer Identification Number (EIN) for Palms And Woodbine Fl Inc is 208734059. 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 Palms And Woodbine Fl Inc spend its money?
Palms And Woodbine Fl Inc allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Palms And Woodbine Fl Inc's tax-exempt status?
You can verify Palms And Woodbine Fl Inc's tax-exempt status using EIN 208734059 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
Palms And Woodbine Fl Inc appears to be a defunct or inactive organization, as its latest reported revenue and assets are both $0. This is a significant change from its historical filings, which showed substantial financial activity, with revenues ranging from $2.2 million to over $10 million and assets consistently in the tens of millions. The organization's financial health cannot be assessed based on current data, as there is no activity. Historically, the organization generally operated with expenses close to or exceeding its revenue, indicating a tight financial margin. The lack of current financial data makes it impossible to evaluate spending efficiency or current transparency practices.