Quick charity verification for Penn Asian Senior Services Inc (EIN: 202643138)
Verdict: Penn Asian Senior Services Inc appears trustworthy
90/100Mission Score
$37.2MRevenue
$28.9MAssets
1Red Flags
4Strengths
Red Flags
Unusually low (0%) reported officer compensation for an organization of this size, potentially obscuring true executive costs or indicating an unsustainable volunteer model.
Strengths
Consistent and significant revenue growth, from $9.2 million in 2013 to $37.1 million currently, indicating expanding services and financial health.
Strong asset base ($28.9 million) relative to liabilities ($2.9 million), demonstrating robust financial solvency.
High program spending efficiency, with a substantial portion of expenses directed towards mission-related activities.
Positive net asset position maintained consistently over the past decade, showing sound financial management.
Spending Breakdown
How Penn Asian Senior Services Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Penn Asian Senior Services Inc
Is Penn Asian Senior Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Penn Asian Senior Services Inc (EIN: 202643138) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Penn Asian Senior Services Inc a good charity to donate to?
Penn Asian Senior Services Inc has a Mission Score of 90/100. Revenue: $37.2M. Assets: $28.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Penn Asian Senior Services Inc?
The Employer Identification Number (EIN) for Penn Asian Senior Services Inc is 202643138. 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 Penn Asian Senior Services Inc spend its money?
Penn Asian Senior Services Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Penn Asian Senior Services Inc's tax-exempt status?
You can verify Penn Asian Senior Services Inc's tax-exempt status using EIN 202643138 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
Penn Asian Senior Services Inc. demonstrates strong financial growth and appears to be in a healthy financial position. Over the past decade, the organization has seen its revenue grow significantly from $9.2 million in 2013 to $37.1 million currently, indicating robust expansion of its services. The organization consistently maintains a positive net asset position, with assets of $28.9 million against liabilities of $2.9 million in the latest filing, suggesting good financial management and solvency.
Spending efficiency is a notable strength, with program expenses consistently forming the vast majority of total expenditures. For instance, in 2023, expenses were $30.3 million against revenues of $34.3 million, indicating a substantial portion of funds are directed towards its mission. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing resources to programs rather than executive salaries. This practice is highly commendable and suggests a lean operational structure at the top.