Quick charity verification for Santafe Senior Living Inc (EIN: 203700526)
Verdict: Santafe Senior Living Inc appears trustworthy
75/100Mission Score
$5.4MRevenue
$9.2MAssets
2Red Flags
3Strengths
Red Flags
Liabilities consistently exceed assets across all reported periods, indicating potential long-term financial risk (e.g., 202312: Assets $10,980,268, Liabilities $11,606,209).
Zero reported officer compensation for an organization with multi-million dollar revenues is unusual and warrants further investigation into leadership structure and compensation practices.
Strong and consistent filing history with 13 IRS 990 filings, demonstrating transparency and compliance.
Absence of reported officer compensation suggests a commitment to minimizing executive overhead, potentially allowing more funds for mission-related activities.
Spending Breakdown
How Santafe Senior Living Inc 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 Santafe Senior Living Inc
Is Santafe Senior Living Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Santafe Senior Living Inc (EIN: 203700526) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Santafe Senior Living Inc a good charity to donate to?
Santafe Senior Living Inc has a Mission Score of 75/100. Revenue: $5.4M. Assets: $9.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Santafe Senior Living Inc?
The Employer Identification Number (EIN) for Santafe Senior Living Inc is 203700526. 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 Santafe Senior Living Inc spend its money?
Santafe Senior Living Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Santafe Senior Living Inc's tax-exempt status?
You can verify Santafe Senior Living Inc's tax-exempt status using EIN 203700526 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
Santafe Senior Living Inc. demonstrates a generally stable financial position with consistent revenue generation over the past decade, averaging around $4-6 million annually. In the most recent filing (202312), the organization reported revenue of $6,824,848 against expenses of $4,072,257, indicating a healthy surplus. However, a notable concern is the organization's liabilities consistently exceeding its assets, with 202312 showing assets of $10,980,268 against liabilities of $11,606,209. This suggests a reliance on debt or other long-term obligations, which warrants closer examination.
The organization's spending efficiency appears strong, as evidenced by the significant surplus in recent years. Without detailed functional expense breakdowns (program, administrative, fundraising) in the provided data, a precise assessment of spending efficiency is challenging. However, the consistent positive difference between revenue and expenses suggests effective management of operational costs relative to income. The absence of reported officer compensation across all filings indicates a commitment to minimizing overhead in this area, which is a positive sign for donor confidence.
Regarding transparency, the organization has a robust filing history with 13 IRS 990 filings, indicating consistent compliance with reporting requirements. The lack of reported officer compensation is a positive transparency indicator, as it suggests either a volunteer leadership structure or that compensation is not paid to officers in a way that requires disclosure on the 990, which is unusual for an organization of this size. Further investigation into the specific functional expenses would provide a more complete picture of their spending priorities and overall financial health.