Quick charity verification for Plainfield Sid Management Corporation (EIN: 201320250)
Verdict: Plainfield Sid Management Corporation has notable concerns
30/100Mission Score
$0Revenue
$0Assets
5Red Flags
1Strengths
Red Flags
Consistent operational deficits (expenses exceeding revenue in 5 of 6 periods)
Increasing liabilities over time (from $11,333 in 2011 to $89,310 in 2016)
Declining asset base (from $113,083 in 2011 to $53,071 in 2016)
Lack of detailed expense breakdown (program, admin, fundraising) in provided data
No reported officer compensation, which could obscure leadership costs
Strengths
Consistent revenue generation over several years (averaging ~$165,000 annually)
Spending Breakdown
How Plainfield Sid Management Corporation allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
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 Plainfield Sid Management Corporation
Is Plainfield Sid Management Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Plainfield Sid Management Corporation (EIN: 201320250) has notable concerns. Mission Score: 30/100. 5 red flags identified, 1 strength noted.
Is Plainfield Sid Management Corporation a good charity to donate to?
Plainfield Sid Management Corporation has a Mission Score of 30/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Plainfield Sid Management Corporation?
The Employer Identification Number (EIN) for Plainfield Sid Management Corporation is 201320250. 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 Plainfield Sid Management Corporation spend its money?
Plainfield Sid Management Corporation allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Plainfield Sid Management Corporation's tax-exempt status?
You can verify Plainfield Sid Management Corporation's tax-exempt status using EIN 201320250 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
Plainfield Sid Management Corporation appears to be a small organization with a consistent revenue stream, averaging around $165,000 annually over the past six years. However, the organization has consistently operated at a deficit, with expenses exceeding revenue in five out of six reported periods. For example, in 2016, expenses were $206,064 against revenues of $184,535, indicating a reliance on prior assets or debt to cover operational costs. This trend of spending more than it earns raises concerns about its long-term financial sustainability.
The organization's assets have fluctuated, reaching a high of $113,083 in 2011 and declining to $53,071 by 2016, while liabilities have generally increased, reaching $89,310 in 2016. This suggests a weakening financial position. The lack of reported officer compensation across all filings indicates either a volunteer-led board or that compensation is reported under other expense categories, which could impact transparency regarding leadership costs. Without detailed expense breakdowns, it's difficult to assess spending efficiency, but the consistent deficits are a significant concern.
Given the consistent operational deficits and increasing liabilities, the organization's financial health appears precarious. The absence of detailed program, administrative, and fundraising expense breakdowns in the provided data limits a thorough assessment of spending efficiency and program focus. The organization's transparency could be improved by providing more granular financial details.