Quick charity verification for Park Ridge Nursing Home Inc (EIN: 160978184)
Verdict: Park Ridge Nursing Home Inc appears trustworthy
85/100Mission Score
$23.5MRevenue
$28.2MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation for an organization of this size may warrant further investigation into executive compensation structures.
Strengths
Consistent financial surpluses, such as $3,809,075 in 2023, indicating strong financial management.
Stable asset base, with $28,043,331 in 2023, providing a solid foundation.
Significant reduction in liabilities from $28,210,517 in 2020 to $20,456,964 in 2023, improving financial health.
Long history of IRS 990 filings (13 filings), demonstrating consistent transparency.
Spending Breakdown
How Park Ridge Nursing Home Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Park Ridge Nursing Home Inc
Is Park Ridge Nursing Home Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Park Ridge Nursing Home Inc (EIN: 160978184) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Park Ridge Nursing Home Inc a good charity to donate to?
Park Ridge Nursing Home Inc has a Mission Score of 85/100. Revenue: $23.5M. Assets: $28.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Park Ridge Nursing Home Inc?
The Employer Identification Number (EIN) for Park Ridge Nursing Home Inc is 160978184. 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 Park Ridge Nursing Home Inc spend its money?
Park Ridge Nursing Home Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Park Ridge Nursing Home Inc's tax-exempt status?
You can verify Park Ridge Nursing Home Inc's tax-exempt status using EIN 160978184 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
Park Ridge Nursing Home Inc. demonstrates consistent financial operations, with revenues generally exceeding expenses over the past decade. In the latest filing (202312), the organization reported revenues of $25,113,424 against expenses of $21,304,349, indicating a healthy surplus. The organization's assets have remained relatively stable, with $28,043,331 in 2023, slightly below its peak of $28,844,832 in 2014. Liabilities have also been managed, standing at $20,456,964 in 2023, which is a significant improvement from the $28,210,517 reported in 2020.
The organization's spending efficiency appears to be strong, as evidenced by the consistent surpluses in most years. The absence of reported officer compensation across all filings suggests a commitment to directing funds towards its mission, though it's important to note that this could also indicate that officers are compensated through other means not captured in this specific line item or that the organization is structured in a way where officers are not directly compensated. The consistent filing of IRS 990 forms over 13 periods indicates a good level of transparency regarding its financial activities.