Quick charity verification for Sandwich Home Industries (EIN: 20224597)
Verdict: Sandwich Home Industries appears trustworthy
90/100Mission Score
$236KRevenue
$399KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $230,128 in 2015 to $386,987 in 2023.
Very low liabilities, typically under $2,000 in recent years, indicating strong financial health.
0% officer compensation across all reported periods, demonstrating efficient use of funds.
Expenses consistently lower than revenue in most periods, indicating sound financial management.
Significant revenue generation in certain years (e.g., $65,354 in 2021) relative to its operational size.
Spending Breakdown
How Sandwich Home Industries allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Sandwich Home Industries
Is Sandwich Home Industries a legitimate charity?
Based on AI analysis of IRS 990 filings, Sandwich Home Industries (EIN: 20224597) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Sandwich Home Industries a good charity to donate to?
Sandwich Home Industries has a Mission Score of 90/100. Revenue: $236K. Assets: $399K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sandwich Home Industries?
The Employer Identification Number (EIN) for Sandwich Home Industries is 20224597. 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 Sandwich Home Industries spend its money?
Sandwich Home Industries allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sandwich Home Industries's tax-exempt status?
You can verify Sandwich Home Industries's tax-exempt status using EIN 20224597 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
Sandwich Home Industries demonstrates consistent financial stability with growing assets over the past decade, reaching $386,987 in 2023. The organization consistently operates with low expenses relative to its revenue, particularly notable in 2021 where revenue was $65,354 against expenses of $13,598. This suggests efficient management of resources. The organization's liabilities have remained very low, typically under $2,000 in recent years, indicating a healthy balance sheet and minimal financial risk. The absence of officer compensation further enhances its transparency and commitment to directing funds towards its mission.
While specific program spending details are not provided in the summary data, the overall financial health, characterized by asset growth and controlled expenses, points to a well-managed entity. The organization's revenue has fluctuated, with a significant peak in 2021, but it has consistently maintained positive net assets. The lack of officer compensation is a strong indicator of a volunteer-driven or very lean operational model, which can be a positive sign for donors looking for efficient use of funds.
Overall, Sandwich Home Industries appears to be a financially sound organization with a history of responsible fiscal management. Its low liabilities, growing assets, and zero officer compensation contribute to a positive assessment of its financial health and transparency, though more detailed program spending information would further clarify its impact.