Quick charity verification for Peconic Landing At Southold Inc (EIN: 113277669)
Verdict: Peconic Landing At Southold Inc appears trustworthy
75/100Mission Score
$44.1MRevenue
$158.4MAssets
2Red Flags
3Strengths
Red Flags
Consistent liabilities exceeding assets, indicating a significant debt burden, though common for its NTEE type.
0% officer compensation reported across all filings, which may warrant further inquiry into how executive leadership is compensated or structured.
Strengths
Consistent revenue generation and growth over the past decade, from $20.3M in 2014 to $33.3M in 2022.
Stable asset base, indicating long-term investment in facilities and operations.
NTEE code P750 (Continuing Care Retirement Communities) suggests a direct service provision model, aligning expenses with program delivery.
Spending Breakdown
How Peconic Landing At Southold Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Peconic Landing At Southold Inc
Is Peconic Landing At Southold Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Peconic Landing At Southold Inc (EIN: 113277669) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Peconic Landing At Southold Inc a good charity to donate to?
Peconic Landing At Southold Inc has a Mission Score of 75/100. Revenue: $44.1M. Assets: $158.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Peconic Landing At Southold Inc?
The Employer Identification Number (EIN) for Peconic Landing At Southold Inc is 113277669. 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 Peconic Landing At Southold Inc spend its money?
Peconic Landing At Southold Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Peconic Landing At Southold Inc's tax-exempt status?
You can verify Peconic Landing At Southold Inc's tax-exempt status using EIN 113277669 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
Peconic Landing At Southold Inc. demonstrates a consistent operational model, with revenues generally tracking expenses over the past decade. While the organization reported a net loss in 2022 ($33,373,980 revenue vs. $34,892,874 expenses), it has shown periods of surplus, such as in 2021 ($36,575,086 revenue vs. $32,168,193 expenses). A notable aspect is the consistent reporting of 0% officer compensation across all available filings, which suggests either a volunteer leadership structure or that compensation is reported differently, warranting further investigation for full transparency. The organization's assets have grown over time, reaching $158,351,548, but are consistently outweighed by liabilities, indicating a significant debt structure, likely related to its NTEE code as a continuing care retirement community (P750). This financial structure is common for such facilities, where resident entrance fees and ongoing service fees contribute to revenue, and significant capital investments are required.