Is San Simeon By The Sound Center For Nursing And Rehabilitation Legit?

Quick charity verification for San Simeon By The Sound Center For Nursing And Rehabilitation (EIN: 201222517)

Verdict: San Simeon By The Sound Center For Nursing And Rehabilitation shows mixed signals

45/100Mission Score
$17.7MRevenue
$6.0MAssets
4Red Flags
2Strengths

Red Flags

Strengths

Spending Breakdown

How San Simeon By The Sound Center For Nursing And Rehabilitation allocates its funds across programs, administration, and fundraising.

85%
Program Spending
Healthy — majority goes to mission
10%
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 San Simeon By The Sound Center For Nursing And Rehabilitation

Is San Simeon By The Sound Center For Nursing And Rehabilitation a legitimate charity?

Based on AI analysis of IRS 990 filings, San Simeon By The Sound Center For Nursing And Rehabilitation (EIN: 201222517) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.

Is San Simeon By The Sound Center For Nursing And Rehabilitation a good charity to donate to?

San Simeon By The Sound Center For Nursing And Rehabilitation has a Mission Score of 45/100. Revenue: $17.7M. Assets: $6.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for San Simeon By The Sound Center For Nursing And Rehabilitation?

The Employer Identification Number (EIN) for San Simeon By The Sound Center For Nursing And Rehabilitation is 201222517. 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 San Simeon By The Sound Center For Nursing And Rehabilitation spend its money?

San Simeon By The Sound Center For Nursing And Rehabilitation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify San Simeon By The Sound Center For Nursing And Rehabilitation's tax-exempt status?

You can verify San Simeon By The Sound Center For Nursing And Rehabilitation's tax-exempt status using EIN 201222517 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

San Simeon By The Sound Center For Nursing And Rehabilitation demonstrates a consistent operational deficit in recent years, with expenses exceeding revenue in 8 out of the last 10 reported periods. For instance, in 2023, expenses were $18,992,808 against revenues of $17,209,738, indicating a significant shortfall. This trend suggests potential financial instability or reliance on reserves to cover operational costs. The organization's assets have also shown a declining trend, from a high of $10,147,368 in 2020 to $5,454,119 in 2023, while liabilities have remained substantial, often exceeding assets in recent filings, such as $6,874,595 in liabilities against $5,454,119 in assets in 2023. This negative net asset position raises concerns about long-term solvency. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent operational losses suggest that current revenue streams are insufficient to cover overall expenditures. The absence of reported officer compensation across all filings indicates either a volunteer leadership structure or that compensation is reported under other expense categories, which could impact transparency if not clearly disclosed elsewhere. The organization's NTEE code E91 (Nursing Facilities) suggests a focus on direct service delivery, which typically implies a high proportion of program spending. Transparency is generally good given the availability of 13 years of 990 filings. However, the lack of reported officer compensation on the 990s could be a point of concern for some donors seeking full disclosure of leadership remuneration. The consistent financial deficits and declining asset base, coupled with increasing liabilities, warrant closer examination for potential donors or stakeholders.

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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