Is Senior Citizens Housing Development Corporation Of Sullivan County Inc Legit?
Quick charity verification for Senior Citizens Housing Development Corporation Of Sullivan County Inc (EIN: 20497137)
Verdict: Senior Citizens Housing Development Corporation Of Sullivan County Inc appears trustworthy
70/100Mission Score
$216KRevenue
$454KAssets
3Red Flags
3Strengths
Red Flags
Consistent operational deficits, with expenses exceeding revenue in all reported periods.
Declining asset base, from $828,665 in 2018 to $528,538 in 2023.
High and consistent liabilities (around $1.5 million) relative to assets and revenue.
Strengths
No executive compensation reported, indicating volunteer leadership and efficient use of funds.
Strong program focus, with a high percentage of spending likely directed towards its mission.
Consistent revenue generation over the past six years, albeit not enough to cover expenses.
Spending Breakdown
How Senior Citizens Housing Development Corporation Of Sullivan County 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 Senior Citizens Housing Development Corporation Of Sullivan County Inc
Is Senior Citizens Housing Development Corporation Of Sullivan County Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Senior Citizens Housing Development Corporation Of Sullivan County Inc (EIN: 20497137) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Senior Citizens Housing Development Corporation Of Sullivan County Inc a good charity to donate to?
Senior Citizens Housing Development Corporation Of Sullivan County Inc has a Mission Score of 70/100. Revenue: $216K. Assets: $454K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Senior Citizens Housing Development Corporation Of Sullivan County Inc?
The Employer Identification Number (EIN) for Senior Citizens Housing Development Corporation Of Sullivan County Inc is 20497137. 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 Citizens Housing Development Corporation Of Sullivan County Inc spend its money?
Senior Citizens Housing Development Corporation Of Sullivan County Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Senior Citizens Housing Development Corporation Of Sullivan County Inc's tax-exempt status?
You can verify Senior Citizens Housing Development Corporation Of Sullivan County Inc's tax-exempt status using EIN 20497137 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 Citizens Housing Development Corporation Of Sullivan County Inc appears to be a well-established organization focused on its mission, as evidenced by its consistent program spending. The organization has reported no officer compensation across all six available filings, which is a strong indicator of volunteer leadership and a commitment to directing resources towards its programs. However, the organization has consistently operated at a deficit, with expenses exceeding revenue in every reported period. For example, in 2023, revenue was $210,921 while expenses were $261,177. This trend has led to a gradual decline in assets, from $828,665 in 2018 to $528,538 in 2023, and a significant liability burden that has remained consistently high, around $1.5 million. While the lack of executive compensation is positive for transparency and efficiency, the ongoing operational deficits and declining asset base warrant closer examination to ensure long-term financial sustainability.