Quick charity verification for School Settlement Association Inc (EIN: 111646304)
Verdict: School Settlement Association Inc appears trustworthy
85/100Mission Score
$2.9MRevenue
$2.0MAssets
1Red Flags
4Strengths
Red Flags
Unusually low (0%) reported officer compensation for an organization of this size, which may obscure actual leadership costs if compensated by a related party.
Strengths
Consistent utilization of nearly all revenue for expenses, as seen in 2023 ($2,932,265 revenue vs. $2,935,015 expenses), indicating efficient resource deployment.
Significant revenue growth in recent years, more than doubling from $1.34M in 2020 to $2.93M in 2023, suggesting expanding impact and funding success.
Strong transparency regarding executive compensation, reporting 0% officer compensation across all filings.
Healthy asset base, growing to $1,278,177 in 2023, providing financial stability.
Spending Breakdown
How School Settlement Association Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 School Settlement Association Inc
Is School Settlement Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, School Settlement Association Inc (EIN: 111646304) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is School Settlement Association Inc a good charity to donate to?
School Settlement Association Inc has a Mission Score of 85/100. Revenue: $2.9M. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for School Settlement Association Inc?
The Employer Identification Number (EIN) for School Settlement Association Inc is 111646304. 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 School Settlement Association Inc spend its money?
School Settlement Association Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify School Settlement Association Inc's tax-exempt status?
You can verify School Settlement Association Inc's tax-exempt status using EIN 111646304 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
School Settlement Association Inc demonstrates a generally stable financial trajectory, with recent years showing significant growth in revenue and expenses. In 2023, the organization reported revenues of $2,932,265 against expenses of $2,935,015, indicating that nearly all incoming funds are directly utilized for operations. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a commitment to directing resources towards the mission rather than executive salaries. While the organization's assets have fluctuated, they have generally increased over time, reaching $1,278,177 in 2023, providing a reasonable buffer for operations. The liability-to-asset ratio in 2023 was approximately 41% ($528,446 liabilities / $1,278,177 assets), which is manageable.