Quick charity verification for Scottsville Housing For The Elderly Inc (EIN: 141868698)
Verdict: Scottsville Housing For The Elderly Inc appears trustworthy
95/100Mission Score
$195KRevenue
$1.5MAssets
1Red Flags
5Strengths
Red Flags
Consistent expenses exceeding revenue, leading to a gradual decline in total assets over the past decade (from $1,996,669 in 2015 to $1,482,329 in 2024).
Strengths
100% of expenses consistently allocated to program services, demonstrating exceptional efficiency and direct mission impact.
0% officer compensation reported across all filings, indicating a volunteer-driven leadership or highly lean administrative costs.
Consistent filing of IRS Form 990s over 13 periods, showing strong commitment to transparency and regulatory compliance.
Stable revenue stream, averaging around $175,000 annually, supporting its core mission.
Maintains substantial assets (over $1.4 million in 2024) to support its housing for the elderly mission.
Spending Breakdown
How Scottsville Housing For The Elderly Inc allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
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 Scottsville Housing For The Elderly Inc
Is Scottsville Housing For The Elderly Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Scottsville Housing For The Elderly Inc (EIN: 141868698) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Scottsville Housing For The Elderly Inc a good charity to donate to?
Scottsville Housing For The Elderly Inc has a Mission Score of 95/100. Revenue: $195K. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Scottsville Housing For The Elderly Inc?
The Employer Identification Number (EIN) for Scottsville Housing For The Elderly Inc is 141868698. 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 Scottsville Housing For The Elderly Inc spend its money?
Scottsville Housing For The Elderly Inc allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Scottsville Housing For The Elderly Inc's tax-exempt status?
You can verify Scottsville Housing For The Elderly Inc's tax-exempt status using EIN 141868698 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
Scottsville Housing For The Elderly Inc demonstrates consistent financial operations focused on its mission. Over the past decade, the organization has maintained a stable revenue stream, averaging around $175,000 annually, primarily supporting its housing services for the elderly. While the organization has consistently reported expenses exceeding revenue, leading to a gradual decline in assets from $1,996,669 in 2015 to $1,482,329 in 2024, this trend appears to be managed within its operational capacity, likely reflecting depreciation of its housing assets and ongoing maintenance costs.
The organization's spending efficiency is commendable, with 100% of its reported expenses allocated to program services, indicating a strong direct impact on its beneficiaries. This is further supported by the consistent reporting of 0% officer compensation across all filings, suggesting a volunteer-driven or very lean administrative structure. The consistent filing of IRS Form 990s over 13 periods also points to a commitment to transparency and regulatory compliance.
Overall, Scottsville Housing For The Elderly Inc appears to be a well-managed nonprofit with a clear mission and efficient spending practices. The long-term asset decline warrants monitoring, but given the nature of housing assets and the consistent program spending, it does not immediately signal financial distress. Its operational model prioritizes direct program delivery, making it an effective steward of its resources for the elderly community it serves.