Is Senior Center For The Arts Inc Legit? —…

Quick charity verification for Senior Center For The Arts Inc (EIN: 201666137)

Strengths

Strong revenue growth, increasing from $8,087 in 2021 to $325,018 in 2023 and latest revenue of $479,017.
Consistent 0% officer compensation across all filings, indicating high dedication of funds to mission.
Significant asset accumulation, growing from $25,838 in 2021 to $255,931 in 2023 and current assets of $387,656.
Expenses generally below revenue in recent periods, contributing to financial health (e.g., 2023: Expenses=$237,746 vs. Revenue=$325,018).

Spending Breakdown

How Senior Center For The Arts 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

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 Senior Center For The Arts Inc

Is Senior Center For The Arts Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Senior Center For The Arts Inc (EIN: 201666137) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.

Is Senior Center For The Arts Inc a good charity to donate to?

Senior Center For The Arts Inc has a Mission Score of 90/100. Revenue: $479K. Assets: $388K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Senior Center For The Arts Inc?

The Employer Identification Number (EIN) for Senior Center For The Arts Inc is 201666137. 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 Senior Center For The Arts Inc spend its money?

Senior Center For The Arts Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Senior Center For The Arts Inc's tax-exempt status?

You can verify Senior Center For The Arts Inc's tax-exempt status using EIN 201666137 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

Senior Center For The Arts Inc demonstrates a generally positive financial trajectory, particularly in recent years. Revenue has shown significant growth, increasing from $8,087 in 2021 to $325,018 in 2023, and reaching a latest reported revenue of $479,017. This growth has allowed the organization to build its asset base from $25,838 in 2021 to $255,931 in 2023, and currently $387,656. The organization consistently reports 0% officer compensation across all available filings, indicating a strong commitment to directing funds towards its mission rather than executive salaries. While liabilities have been notable in some periods, the recent growth in assets suggests improved financial stability.

The organization's spending efficiency appears sound, with expenses generally tracking below revenue in recent periods, allowing for asset accumulation. For instance, in 2023, expenses were $237,746 against revenues of $325,018. The consistent reporting of 0% officer compensation is a significant positive indicator of transparency and a focus on program delivery. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency across these categories is limited. The overall trend suggests a well-managed organization that is growing its capacity to serve its mission.

Given the available data, the organization appears to be financially healthy and transparent regarding executive compensation. The substantial increase in revenue and assets over the last few years points to effective fundraising and financial management. The consistent lack of officer compensation is a strong positive for transparency and donor confidence, suggesting that resources are being channeled directly into the organization's activities. Further detailed expense breakdowns would enhance the assessment of spending efficiency.

Is Senior Center For The Arts Inc Legit?

Verdict: Senior Center For The Arts Inc appears trustworthy