Declining asset base from $83,307 in 2015 to $27,394 in 2018.
Liabilities ($53,154 in 2018) exceeding assets ($27,394) in the latest filing.
Consistent deficit spending in most years (expenses exceeding revenue), indicating potential unsustainability without intervention.
Strengths
Consistent operational activity over an eight-year period, demonstrating sustained service delivery.
0% officer compensation reported across all filings, indicating a commitment to minimizing executive overhead.
Stable revenue generation, consistently in the $200,000-$300,000 range, suggesting a reliable funding base.
Spending Breakdown
How Senior Ride Charleston allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Ride Charleston
Is Senior Ride Charleston a legitimate charity?
Based on AI analysis of IRS 990 filings, Senior Ride Charleston (EIN: 202311192) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Senior Ride Charleston a good charity to donate to?
Senior Ride Charleston has a Mission Score of 70/100. Revenue: $268K. Assets: $27K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Senior Ride Charleston?
The Employer Identification Number (EIN) for Senior Ride Charleston is 202311192. 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 Ride Charleston spend its money?
Senior Ride Charleston allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Senior Ride Charleston's tax-exempt status?
You can verify Senior Ride Charleston's tax-exempt status using EIN 202311192 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 Ride Charleston demonstrates consistent operational activity over the past eight years, with revenues and expenses generally in the range of $200,000 to $300,000. The organization's financial health shows a trend of declining assets, from a high of $83,307 in 2015 to $27,394 in 2018, while liabilities have remained relatively high, sometimes exceeding assets, as seen in 2018 where liabilities were $53,154 against assets of $27,394. This indicates a potential reliance on debt or short-term funding to cover operations.
The spending efficiency is difficult to fully assess without a detailed breakdown of expenses into program, administrative, and fundraising categories. However, the consistent reporting of 0% officer compensation across all available filings suggests a lean operational structure at the executive level, which is a positive indicator for donor confidence regarding executive pay. The organization's consistent deficit spending in most years (expenses exceeding revenue) could be a concern for long-term sustainability if not addressed.
Transparency appears to be good regarding executive compensation, with no reported officer compensation. However, the lack of detailed expense breakdowns in the provided data limits a comprehensive assessment of how efficiently funds are allocated to programs versus overhead. Further details on program outcomes and specific administrative costs would enhance transparency.