Quick charity verification for Sand Lake West Business Park Inc (EIN: 133794420)
Verdict: Sand Lake West Business Park Inc has notable concerns
10/100Mission Score
$11.6MRevenue
$55.4MAssets
4Red Flags
2Strengths
Red Flags
Consistent reporting of $0 expenses across all available filings (2014-2023) despite significant revenue and assets.
Inability to assess program spending or operational efficiency due to lack of expense data.
NTEE Code is unknown, hindering understanding of its stated purpose.
Significant liabilities in some years (e.g., $62,326,266 in 2022) without corresponding expenses or clear explanations.
Strengths
Consistent growth in assets over the decade, from $40.5 million in 2014 to $56.5 million in 2023.
No reported officer compensation, indicating no direct salary costs for executives.
Spending Breakdown
How Sand Lake West Business Park Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
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 Sand Lake West Business Park Inc
Is Sand Lake West Business Park Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sand Lake West Business Park Inc (EIN: 133794420) has notable concerns. Mission Score: 10/100. 4 red flags identified, 2 strengths noted.
Is Sand Lake West Business Park Inc a good charity to donate to?
Sand Lake West Business Park Inc has a Mission Score of 10/100. Revenue: $11.6M. Assets: $55.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sand Lake West Business Park Inc?
The Employer Identification Number (EIN) for Sand Lake West Business Park Inc is 133794420. 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 Sand Lake West Business Park Inc spend its money?
Sand Lake West Business Park Inc allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sand Lake West Business Park Inc's tax-exempt status?
You can verify Sand Lake West Business Park Inc's tax-exempt status using EIN 133794420 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
Sand Lake West Business Park Inc. exhibits an unusual financial profile for a nonprofit, consistently reporting zero expenses across all available filings from 2014 to 2023, despite significant revenue generation (e.g., $2,355,926 in 2023 and $3,425,101 in 2022) and substantial assets (over $55 million in 2023). This lack of reported expenses raises significant questions about how the organization utilizes its revenue and manages its operations, as well as its overall financial transparency. While assets have grown considerably over the decade, from $40.5 million in 2014 to $56.5 million in 2023, the absence of reported expenditures makes it impossible to assess spending efficiency or program effectiveness.
The consistent reporting of zero expenses, coupled with zero officer compensation, suggests that the organization may operate in a manner that is not typical for a public charity, or that its financial reporting may be incomplete or structured in a way that obscures operational costs. Without any reported expenses, it is impossible to determine the allocation of funds towards programs, administration, or fundraising. This lack of detail severely hinders any assessment of its financial health and its adherence to nonprofit best practices regarding transparency and accountability.