Is Salvadori Center Ltd Legit?

Quick charity verification for Salvadori Center Ltd (EIN: 112883503)

Verdict: Salvadori Center Ltd appears trustworthy

88/100Mission Score
$3.1MRevenue
$2.6MAssets
2Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

The Salvadori Center Ltd demonstrates a generally stable financial position with fluctuating but overall increasing revenue and assets over the past decade. In the latest reported period (202306), the organization experienced a deficit, with expenses of $2,418,700 exceeding revenue of $1,869,808. This contrasts with the prior period (202206) where revenue significantly outpaced expenses ($3,011,690 vs. $2,082,718), indicating some variability in financial performance. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and efficient use of funds, as it suggests that executive leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990, or that the organization operates with a volunteer leadership structure. The increase in liabilities in 202306 to $707,011 from $178,623 in 202206 warrants attention, though total assets remain robust at $2,735,051, suggesting solvency.

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Disclaimer

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

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