Quick charity verification for Seniorfirst Foundation Inc (EIN: 161378080)
Verdict: Seniorfirst Foundation Inc appears trustworthy
75/100Mission Score
$3.6MRevenue
$4.3MAssets
2Red Flags
3Strengths
Red Flags
Significant annual fluctuations in revenue and expenses, indicating potential instability or reliance on unpredictable funding.
Multiple years where expenses substantially exceeded revenue (e.g., 2022, 2017, 2014) without clear explanation of funding sources for the deficit.
Strengths
Consistent reporting of 0% officer compensation, demonstrating a commitment to directing funds to the mission.
Maintains a stable asset base (generally above $1.8 million), providing a financial cushion despite operational fluctuations.
Positive net income in recent years (2023, 2021, 2020, 2019), showing periods of financial health.
Spending Breakdown
How Seniorfirst Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Seniorfirst Foundation Inc
Is Seniorfirst Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Seniorfirst Foundation Inc (EIN: 161378080) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Seniorfirst Foundation Inc a good charity to donate to?
Seniorfirst Foundation Inc has a Mission Score of 75/100. Revenue: $3.6M. Assets: $4.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Seniorfirst Foundation Inc?
The Employer Identification Number (EIN) for Seniorfirst Foundation Inc is 161378080. 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 Seniorfirst Foundation Inc spend its money?
Seniorfirst Foundation Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Seniorfirst Foundation Inc's tax-exempt status?
You can verify Seniorfirst Foundation Inc's tax-exempt status using EIN 161378080 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
Seniorfirst Foundation Inc. exhibits a fluctuating financial performance over the past decade, with significant swings in revenue and expenses. For instance, in 2022, expenses ($908,487) far outstripped revenue ($281,966), indicating a reliance on prior reserves or other funding sources. Conversely, 2023 showed a more balanced picture with revenue ($117,714) exceeding expenses ($83,298). The organization consistently reports 0% officer compensation, which is a positive indicator of efficient use of funds for its mission rather than executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency is challenging. The consistent asset base, generally above $1.8 million, suggests a degree of financial stability despite the operational fluctuations.