Quick charity verification for Scoa Cares Inc (EIN: 201016868)
Verdict: Scoa Cares Inc appears trustworthy
85/100Mission Score
$400KRevenue
$6.2MAssets
1Red Flags
3Strengths
Red Flags
Unexplained massive revenue spike in 2023 without corresponding expense increase, warranting further investigation into its source and use.
Strengths
Consistent 0% officer compensation across all filings, indicating strong financial stewardship and dedication to mission.
Maintained minimal to zero liabilities over all reported periods, demonstrating sound financial management.
Significant asset growth in 2023, providing a strong financial foundation for future operations and programs.
Spending Breakdown
How Scoa Cares 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 Scoa Cares Inc
Is Scoa Cares Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Scoa Cares Inc (EIN: 201016868) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Scoa Cares Inc a good charity to donate to?
Scoa Cares Inc has a Mission Score of 85/100. Revenue: $400K. Assets: $6.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Scoa Cares Inc?
The Employer Identification Number (EIN) for Scoa Cares Inc is 201016868. 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 Scoa Cares Inc spend its money?
Scoa Cares Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Scoa Cares Inc's tax-exempt status?
You can verify Scoa Cares Inc's tax-exempt status using EIN 201016868 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
Scoa Cares Inc. demonstrates a highly unusual financial trajectory, with a massive surge in revenue in the latest filing period (202312) to $5,742,413, while expenses remained relatively low at $366,008. This resulted in a significant increase in assets to $5,693,496, indicating substantial financial growth and accumulation. Prior to this, the organization consistently operated with revenues and expenses in the $200,000-$400,000 range, often spending more than it brought in, leading to a gradual decline in assets from $664,996 in 2014 to $317,091 in 2022. The sudden influx of funds in 2023, coupled with minimal liabilities across all periods, suggests a strong financial position, though the source and allocation of this large revenue spike warrant further investigation to understand its sustainability and impact on program delivery.
The organization consistently reports 0% officer compensation across all available filings, which is a positive indicator of financial efficiency and a commitment to directing funds towards the mission rather than executive salaries. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to fully assess spending efficiency between programs, administration, and fundraising. The dramatic shift in financial scale in 2023 makes it difficult to compare directly with previous years' operational patterns, but the overall trend of low liabilities and no reported officer compensation points to a fiscally responsible approach to management. The lack of specific expense category data in the provided summary limits a deeper analysis of spending efficiency and transparency beyond the top-line figures.