Quick charity verification for Plymouth Homes Inc (EIN: 113716394)
Verdict: Plymouth Homes Inc shows mixed signals
65/100Mission Score
$149KRevenue
$598KAssets
3Red Flags
3Strengths
Red Flags
Consistent operational deficits, with expenses exceeding revenue in every reported period.
Steady decline in total assets over the past decade, from $884,675 in 2014 to $597,710 currently.
Reliance on existing assets to cover operational shortfalls, indicating an unsustainable financial model.
Strengths
0% officer compensation reported across all filings, demonstrating strong financial stewardship regarding executive pay.
Consistent revenue generation, albeit not sufficient to cover expenses, indicates a stable base of support.
Long operating history with 13 filings, suggesting resilience despite financial challenges.
Spending Breakdown
How Plymouth Homes Inc 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 Plymouth Homes Inc
Is Plymouth Homes Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Plymouth Homes Inc (EIN: 113716394) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Plymouth Homes Inc a good charity to donate to?
Plymouth Homes Inc has a Mission Score of 65/100. Revenue: $149K. Assets: $598K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Plymouth Homes Inc?
The Employer Identification Number (EIN) for Plymouth Homes Inc is 113716394. 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 Plymouth Homes Inc spend its money?
Plymouth Homes Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Plymouth Homes Inc's tax-exempt status?
You can verify Plymouth Homes Inc's tax-exempt status using EIN 113716394 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
Plymouth Homes Inc. demonstrates consistent operational deficits, with expenses exceeding revenue in every reported period. For instance, in 2023, expenses were $156,453 against revenues of $145,834, indicating a reliance on existing assets or other funding sources to cover shortfalls. The organization's assets have shown a steady decline over the past decade, from $884,675 in 2014 to $597,710 currently, suggesting that these deficits are eroding its financial reserves. While the organization reports 0% officer compensation, which is a positive for transparency and efficiency, the consistent spending beyond its income raises concerns about long-term financial sustainability without a change in its financial model or an increase in revenue.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent operational losses suggest that the current revenue streams are insufficient to cover its activities. The organization's transparency is commendable regarding executive compensation, as no officer compensation has been reported across all filings. However, a more detailed breakdown of expenses would further enhance transparency and allow for a clearer understanding of where funds are being allocated.
Overall, Plymouth Homes Inc. appears to be a lean organization with no reported executive compensation, which is a strong point for donor confidence. However, its persistent operational deficits and declining asset base signal a need for strategic financial planning to ensure its continued viability and mission fulfillment. The organization's ability to sustain its operations given these financial trends warrants closer examination.