Is S Solutions Inc Legit?

Quick charity verification for S Solutions Inc (EIN: 205005510)

Verdict: S Solutions Inc appears trustworthy

85/100Mission Score
$1.1MRevenue
$1.2MAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How S Solutions Inc 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 S Solutions Inc

Is S Solutions Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, S Solutions Inc (EIN: 205005510) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is S Solutions Inc a good charity to donate to?

S Solutions Inc has a Mission Score of 85/100. Revenue: $1.1M. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for S Solutions Inc?

The Employer Identification Number (EIN) for S Solutions Inc is 205005510. 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 S Solutions Inc spend its money?

S Solutions Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify S Solutions Inc's tax-exempt status?

You can verify S Solutions Inc's tax-exempt status using EIN 205005510 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

S Solutions Inc demonstrates generally sound financial health, with assets consistently exceeding liabilities across its filing history. While the organization experienced a slight deficit in 2023, with expenses of $957,113 exceeding revenue of $917,438, this appears to be an anomaly rather than a trend, as most prior years show a surplus. The organization's assets have grown steadily, reaching $1,187,684 in 2023, indicating good financial stewardship. A notable strength is the consistent reporting of 0% officer compensation, which enhances transparency and suggests a strong focus on program delivery rather than executive enrichment. The NTEE code N64 (Residential Care Facilities) suggests a direct service model, which typically involves significant program spending. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent growth in assets and the absence of officer compensation are positive indicators. The organization's revenue has fluctuated over the years, peaking at $1,286,102 in 2019 and currently at $1,065,550, suggesting a stable, albeit not rapidly expanding, funding base. The increase in liabilities from $14,316 in 2015 to $261,430 in 2023 warrants closer examination, though current assets comfortably cover these obligations. Transparency is high regarding executive compensation, with zero reported. However, a more detailed functional expense breakdown in future filings would further enhance transparency, allowing for a clearer understanding of how funds are allocated between programs, administration, and fundraising. Overall, S Solutions Inc appears to be a financially stable organization with a commendable approach to executive compensation, though a deeper dive into expense allocation would provide a more complete picture of its operational 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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