Quick charity verification for Redington Memorial Home (EIN: 10211547)
Verdict: Redington Memorial Home appears trustworthy
85/100Mission Score
$3.0MRevenue
$5.7MAssets
1Red Flags
4Strengths
Red Flags
Consistent reporting of 0% officer compensation for an organization of this size, which is highly unusual and warrants further inquiry into how leadership is compensated or structured.
Strengths
Consistent asset growth, from $4,831,364 in 2011 to $5,438,614 in 2023, indicating financial stability.
Extremely low liabilities, consistently reported as $1 in recent years, demonstrating excellent financial management of obligations.
No reported officer compensation, suggesting a high proportion of funds are directed towards the mission rather than executive salaries.
Consistent filing of IRS Form 990s over a decade, indicating good transparency practices.
Spending Breakdown
How Redington Memorial Home allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Redington Memorial Home
Is Redington Memorial Home a legitimate charity?
Based on AI analysis of IRS 990 filings, Redington Memorial Home (EIN: 10211547) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Redington Memorial Home a good charity to donate to?
Redington Memorial Home has a Mission Score of 85/100. Revenue: $3.0M. Assets: $5.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Redington Memorial Home?
The Employer Identification Number (EIN) for Redington Memorial Home is 10211547. 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 Redington Memorial Home spend its money?
Redington Memorial Home allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Redington Memorial Home's tax-exempt status?
You can verify Redington Memorial Home's tax-exempt status using EIN 10211547 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
Redington Memorial Home demonstrates consistent financial operations, with revenues and expenses generally in the range of $800,000 to $1.3 million over the past decade. The organization's assets have steadily grown, reaching $5,438,614 in 2023, indicating sound financial management and asset accumulation. While the latest filing shows expenses exceeding revenue by approximately $98,000, this is not an uncommon occurrence for nonprofits and the organization maintains a healthy asset base to absorb such fluctuations.
The organization appears to be highly efficient in its spending, as evidenced by the consistent reporting of 0% officer compensation across all available filings. This suggests that resources are primarily directed towards its mission rather than executive salaries. The very low liabilities reported ($1 in recent years) also points to strong financial health and responsible management of obligations. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise efficiency ratio cannot be calculated, but the absence of executive compensation is a significant positive indicator.
Transparency is good given the consistent filing of IRS Form 990s. However, the lack of detailed expense breakdowns (e.g., program vs. administrative vs. fundraising) in the provided data limits a deeper analysis of spending efficiency. The consistent asset growth and minimal liabilities, coupled with no reported officer compensation, paint a picture of a financially stable and responsibly managed organization, though more granular spending data would enhance full transparency.