Quick charity verification for Salt Pond Corporation C/O Barings Llc (EIN: 201284549)
Verdict: Salt Pond Corporation C/O Barings Llc shows mixed signals
45/100Mission Score
$0Revenue
$0Assets
4Red Flags
2Strengths
Red Flags
Latest filing shows $0 revenue and assets, indicating potential inactivity or significant operational change.
Unknown NTEE code limits understanding of mission and programmatic focus.
Significant fluctuations in revenue and expenses year-over-year without clear explanation.
Lack of detailed expense breakdown (program, admin, fundraising) in provided data.
Strengths
Consistent filing of IRS Form 990s, demonstrating compliance.
No reported officer compensation, which could indicate efficient use of funds if operations are volunteer-driven.
Spending Breakdown
How Salt Pond Corporation C/O Barings Llc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Salt Pond Corporation C/O Barings Llc
Is Salt Pond Corporation C/O Barings Llc a legitimate charity?
Based on AI analysis of IRS 990 filings, Salt Pond Corporation C/O Barings Llc (EIN: 201284549) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
Is Salt Pond Corporation C/O Barings Llc a good charity to donate to?
Salt Pond Corporation C/O Barings Llc has a Mission Score of 45/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Salt Pond Corporation C/O Barings Llc?
The Employer Identification Number (EIN) for Salt Pond Corporation C/O Barings Llc is 201284549. 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 Salt Pond Corporation C/O Barings Llc spend its money?
Salt Pond Corporation C/O Barings Llc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Salt Pond Corporation C/O Barings Llc's tax-exempt status?
You can verify Salt Pond Corporation C/O Barings Llc's tax-exempt status using EIN 201284549 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
Salt Pond Corporation C/O Barings Llc appears to be a complex entity with fluctuating financial activity. While the organization reported significant revenue in past years, such as $5,254,763 in 2015 and $2,926,352 in 2014, its latest filing shows $0 in both revenue and assets, suggesting a potential dormancy or significant change in operations. The lack of reported officer compensation across all available filings indicates either a volunteer-led structure or that compensation is handled through an affiliated entity not reflected in these specific filings. The NTEE code is unknown, which limits the ability to assess its programmatic focus and compare its efficiency against peers.
Spending efficiency is difficult to ascertain without a clear breakdown of expenses into program, administrative, and fundraising categories. For instance, in 2015, expenses were $293,089 against over $5 million in revenue, while in 2014, expenses were over $1 million against nearly $3 million in revenue. The significant difference in expense ratios year-over-year, coupled with the current zero revenue/asset status, raises questions about the consistency and nature of its financial activities. The organization's transparency is moderate; while it files its 990s, the absence of an NTEE code and detailed expense breakdowns in the provided data limits a comprehensive understanding of its operations and impact.