Is Presbyterian Oaks Iii Incorporated Legit?

Quick charity verification for Presbyterian Oaks Iii Incorporated (EIN: 204481177)

Verdict: Presbyterian Oaks Iii Incorporated shows mixed signals

45/100Mission Score
$179KRevenue
$1.3MAssets
3Red Flags
2Strengths

Red Flags

Strengths

Spending Breakdown

How Presbyterian Oaks Iii Incorporated allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
15%
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 Presbyterian Oaks Iii Incorporated

Is Presbyterian Oaks Iii Incorporated a legitimate charity?

Based on AI analysis of IRS 990 filings, Presbyterian Oaks Iii Incorporated (EIN: 204481177) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.

Is Presbyterian Oaks Iii Incorporated a good charity to donate to?

Presbyterian Oaks Iii Incorporated has a Mission Score of 45/100. Revenue: $179K. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Presbyterian Oaks Iii Incorporated?

The Employer Identification Number (EIN) for Presbyterian Oaks Iii Incorporated is 204481177. 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 Presbyterian Oaks Iii Incorporated spend its money?

Presbyterian Oaks Iii Incorporated allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Presbyterian Oaks Iii Incorporated's tax-exempt status?

You can verify Presbyterian Oaks Iii Incorporated's tax-exempt status using EIN 204481177 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

Presbyterian Oaks Iii Incorporated consistently operates at a deficit, with expenses exceeding revenue in all reported periods. For example, in the latest period (202403), revenue was $161,289 while expenses were $201,876, indicating a $40,587 shortfall. This trend suggests a reliance on existing assets or other funding sources not fully captured by reported revenue to cover operational costs. The organization's assets have also shown a steady decline over the past decade, from $1,706,793 in 2015 to $1,323,142 in 2024, while liabilities have remained consistently high, hovering around $2 million. This financial structure, with liabilities significantly exceeding assets, raises concerns about long-term solvency. 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 deficit indicates that the organization is not self-sustaining through its reported revenue streams. The absence of officer compensation reported across all periods suggests a volunteer-led or externally managed executive structure, which can be a positive indicator of resource allocation towards mission, assuming other compensation is not simply reclassified. Transparency is generally good given the consistent filing of IRS Form 990s. However, the lack of detailed expense categories in the provided data limits a deeper analysis of how funds are specifically allocated. The consistent reporting of zero officer compensation is a transparent disclosure, but further details on overall operational spending would enhance understanding of financial health and efficiency.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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