Quick charity verification for Seacliff Village Shopping Center Inc (EIN: 141847788)
Verdict: Seacliff Village Shopping Center Inc has notable concerns
30/100Mission Score
$9.8MRevenue
$135.6MAssets
4Red Flags
3Strengths
Red Flags
Lack of clear program spending details, making it difficult to assess charitable impact.
Consistent 0% officer compensation for an organization with significant assets and revenue, raising questions about executive compensation transparency.
NTEE code is unknown, which hinders understanding of its charitable sector and purpose.
Significant increase in liabilities from $54M in 2020 to over $81M in 2023 without clear explanation in the provided data.
Strengths
Consistent generation of substantial revenue, indicating financial stability.
Maintains a very strong asset base, exceeding $135 million, suggesting long-term financial capacity.
Consistent filing of IRS 990 forms, indicating compliance with reporting requirements.
Spending Breakdown
How Seacliff Village Shopping Center Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
100%
Admin Costs
High — over 25% on administration
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 Seacliff Village Shopping Center Inc
Is Seacliff Village Shopping Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Seacliff Village Shopping Center Inc (EIN: 141847788) has notable concerns. Mission Score: 30/100. 4 red flags identified, 3 strengths noted.
Is Seacliff Village Shopping Center Inc a good charity to donate to?
Seacliff Village Shopping Center Inc has a Mission Score of 30/100. Revenue: $9.8M. Assets: $135.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Seacliff Village Shopping Center Inc?
The Employer Identification Number (EIN) for Seacliff Village Shopping Center Inc is 141847788. 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 Seacliff Village Shopping Center Inc spend its money?
Seacliff Village Shopping Center Inc allocates 0% to programs, 100% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Seacliff Village Shopping Center Inc's tax-exempt status?
You can verify Seacliff Village Shopping Center Inc's tax-exempt status using EIN 141847788 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
Seacliff Village Shopping Center Inc. consistently reports substantial revenue, averaging around $9 million annually over the past five years, with assets exceeding $135 million. The organization's expenses have remained relatively stable, typically around $4-5 million, indicating a consistent operational cost structure. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, which suggests either a volunteer-led executive team or compensation structured in a way not reported as officer compensation on the 990, warranting further investigation for full transparency. The organization's liabilities have fluctuated, showing a significant increase from around $54 million in 2020 to over $81 million in recent years, which could be due to new investments or financing activities.
Given the name 'Shopping Center Inc.' and the financial figures, it is highly probable that this organization operates as a supporting organization or a private foundation that manages real estate assets, rather than a traditional public charity with direct program spending. The lack of an NTEE code and the nature of the assets (a shopping center) further support this interpretation. Without detailed program expense breakdowns, it's challenging to assess spending efficiency in terms of charitable impact, as the 'expenses' likely represent property management, maintenance, and administrative costs associated with real estate operations. The consistent revenue generation and asset base suggest financial stability, but the charitable purpose and impact remain unclear from the provided data.