Quick charity verification for Phillips Strickland House Corporation (EIN: 10342167)
Verdict: Phillips Strickland House Corporation appears trustworthy
75/100Mission Score
$2.0MRevenue
$6.9MAssets
2Red Flags
3Strengths
Red Flags
Consistent deficit spending (expenses exceeding revenue) in recent years, e.g., $2,719,720 expenses vs. $2,085,655 revenue in 2023.
Lack of clarity on how consistent deficits are funded without drawing down assets unsustainably.
Strengths
Zero reported officer compensation, indicating a strong commitment to mission over executive pay.
Substantial asset base ($7,057,403 in 2023) providing financial stability despite operating deficits.
Consistent revenue generation over $1.8 million annually, demonstrating a stable funding base.
Spending Breakdown
How Phillips Strickland House Corporation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Phillips Strickland House Corporation
Is Phillips Strickland House Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Phillips Strickland House Corporation (EIN: 10342167) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Phillips Strickland House Corporation a good charity to donate to?
Phillips Strickland House Corporation has a Mission Score of 75/100. Revenue: $2.0M. Assets: $6.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Phillips Strickland House Corporation?
The Employer Identification Number (EIN) for Phillips Strickland House Corporation is 10342167. 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 Phillips Strickland House Corporation spend its money?
Phillips Strickland House Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Phillips Strickland House Corporation's tax-exempt status?
You can verify Phillips Strickland House Corporation's tax-exempt status using EIN 10342167 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
Phillips Strickland House Corporation demonstrates consistent financial activity, with revenues generally in the range of $1.8 million to $2.2 million and assets around $7 million to $8 million over the past decade. The organization has consistently reported 0% officer compensation, which is a strong indicator of transparency and a focus on mission-driven spending rather than executive enrichment. However, a notable trend is that expenses have frequently exceeded revenue in recent years, such as in 2023 where expenses were $2,719,720 against revenues of $2,085,655, and in 2022 with expenses of $2,672,020 against revenues of $2,246,100. This consistent deficit spending, while potentially covered by reserves, warrants closer examination to ensure long-term financial stability. The organization's NTEE code L22Z suggests a focus on housing and shelter, which aligns with a direct service model where program spending is typically high.