Lack of detailed expense breakdown (program, admin, fundraising) in provided data limits full spending efficiency analysis.
Strengths
Consistent reporting of 0% officer compensation, suggesting a volunteer-driven or highly efficient leadership structure.
Revenue growth from $215,076 in 2017 to $336,143 in 2022, indicating increased support or activity.
Low liabilities reported as $0 in all available filings, which is positive if accurate and sustainable.
Spending Breakdown
How Park Street Home allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Park Street Home
Is Park Street Home a legitimate charity?
Based on AI analysis of IRS 990 filings, Park Street Home (EIN: 10523789) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 3 strengths noted.
Is Park Street Home a good charity to donate to?
Park Street Home has a Mission Score of 45/100. Revenue: $336K. Assets: $944. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Park Street Home?
The Employer Identification Number (EIN) for Park Street Home is 10523789. 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 Street Home spend its money?
Park Street Home allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Park Street Home's tax-exempt status?
You can verify Park Street Home's tax-exempt status using EIN 10523789 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 Street Home demonstrates a concerning financial trend with negative assets reported in its two most recent filings: $-944 in 2022 and $-15,083 in 2021. This indicates that the organization's liabilities exceed its assets, which is a significant red flag for financial health. While the organization has consistently reported zero officer compensation, suggesting a volunteer-driven leadership, the overall financial stability is questionable given the negative asset position. The organization's revenue has shown growth, reaching $336,143 in 2022, but expenses have also increased, often exceeding revenue in recent years, contributing to the asset decline.
The spending efficiency cannot be fully assessed without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of zero officer compensation suggests a lean operational structure at the top. The lack of detailed expense categories in the provided data limits a comprehensive analysis of spending efficiency. The organization's transparency regarding executive compensation is high, as it consistently reports 0% officer compensation.
Overall, Park Street Home's financial health is precarious due to its negative asset position. While it appears to operate with a volunteer leadership, the organization needs to address its financial solvency to ensure long-term sustainability. The growth in revenue is positive, but it must be managed to generate a surplus and rebuild its asset base.