How Seal Harbor Village Improvement Society Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Seal Harbor Village Improvement Society Inc
Is Seal Harbor Village Improvement Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Seal Harbor Village Improvement Society Inc (EIN: 10216941) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Seal Harbor Village Improvement Society Inc a good charity to donate to?
Seal Harbor Village Improvement Society Inc has a Mission Score of 90/100. Revenue: $220K. Assets: $187K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Seal Harbor Village Improvement Society Inc?
The Employer Identification Number (EIN) for Seal Harbor Village Improvement Society Inc is 10216941. 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 Seal Harbor Village Improvement Society Inc spend its money?
Seal Harbor Village Improvement Society Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Seal Harbor Village Improvement Society Inc's tax-exempt status?
You can verify Seal Harbor Village Improvement Society Inc's tax-exempt status using EIN 10216941 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
The Seal Harbor Village Improvement Society Inc demonstrates consistent financial stability with assets generally exceeding liabilities, indicating a healthy balance sheet. Over the past five years, the organization has maintained a relatively stable revenue stream, with the latest reported revenue at $181,598 and expenses at $177,573 for the period ending 202406. This suggests a prudent approach to managing its operational budget, with expenses closely aligned with income.
The organization's spending efficiency appears strong, particularly given its consistent reporting of 0% officer compensation across all available filings. This indicates that leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which can contribute to a higher proportion of funds being directed towards programs. While a detailed functional expense breakdown is not provided in the summary data, the absence of officer compensation is a positive indicator for donor confidence.
In terms of transparency, the organization has a robust filing history with 13 IRS 990 filings, demonstrating a commitment to public disclosure. The consistent reporting of key financial metrics over many years allows for a clear trend analysis of its financial health. The lack of reported officer compensation also enhances its transparency profile, as it suggests a lean administrative structure.