Quick charity verification for Service Program For Older People Inc (EIN: 132947616)
Verdict: Service Program For Older People Inc appears trustworthy
88/100Mission Score
$6.4MRevenue
$7.5MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed breakdown for administrative and fundraising expenses in provided data, making precise efficiency analysis challenging.
Strengths
Consistent revenue growth over the past decade, from $3.5M in 2014 to $6.5M in 2023.
Strong asset accumulation, increasing from $2.7M in 2014 to $7.5M in 2023.
Expenses consistently lower than revenue, indicating sound financial management.
Reported 0% officer compensation across all filings, suggesting efficient use of funds for mission.
Positive net assets, with assets significantly exceeding liabilities in recent years.
Spending Breakdown
How Service Program For Older People 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
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 Service Program For Older People Inc
Is Service Program For Older People Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Service Program For Older People Inc (EIN: 132947616) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
Is Service Program For Older People Inc a good charity to donate to?
Service Program For Older People Inc has a Mission Score of 88/100. Revenue: $6.4M. Assets: $7.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Service Program For Older People Inc?
The Employer Identification Number (EIN) for Service Program For Older People Inc is 132947616. 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 Service Program For Older People Inc spend its money?
Service Program For Older People Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Service Program For Older People Inc's tax-exempt status?
You can verify Service Program For Older People Inc's tax-exempt status using EIN 132947616 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
Service Program For Older People Inc (SPOP) demonstrates a generally healthy financial position with consistent revenue growth over the past decade, increasing from $3.5 million in 2014 to over $6.5 million in 2023. The organization consistently spends less than its revenue, leading to a steady increase in assets, which grew from $2.7 million in 2014 to $7.5 million in 2023. This indicates sound financial management and the ability to build reserves. The organization's liabilities have fluctuated but remain manageable relative to its assets, with the latest filing showing liabilities at $2.39 million against $7.52 million in assets.
SPOP appears to prioritize its program services, as evidenced by its strong program spending ratio. While specific breakdowns for administrative and fundraising costs are not provided in the summary data, the overall expense-to-revenue ratio suggests efficient operations. The consistent reporting of 0% officer compensation across all filings is a notable aspect of its transparency and could indicate a volunteer-led executive team or that compensation is reported under other expense categories, which would warrant further investigation for complete clarity. However, based on the provided data, it suggests a commitment to directing funds towards the mission rather than high executive salaries.