Is Services For The Aged Inc Legit? —…

Spending Breakdown

How Services For The Aged Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

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 Services For The Aged Inc

Is Services For The Aged Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Services For The Aged Inc (EIN: 133200109) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.

Is Services For The Aged Inc a good charity to donate to?

Services For The Aged Inc has a Mission Score of 85/100. Revenue: $28.8M. Assets: $9.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Services For The Aged Inc?

The Employer Identification Number (EIN) for Services For The Aged Inc is 133200109. 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 Services For The Aged Inc spend its money?

Services For The Aged Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Services For The Aged Inc's tax-exempt status?

You can verify Services For The Aged Inc's tax-exempt status using EIN 133200109 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

Services For The Aged Inc demonstrates consistent financial activity, with revenues and expenses generally in the range of $28 million to $47 million over the past decade. The organization has maintained a stable asset base, typically around $8 million to $11 million, indicating a reasonable level of financial stability. However, the organization has frequently operated with expenses exceeding revenue, as seen in fiscal years 2023, 2022, 2021, and 2019, which could lead to long-term sustainability concerns if not addressed. For instance, in 2023, expenses were $32,481,250 against revenues of $31,529,053, resulting in a deficit.

The organization's transparency is commendable regarding executive compensation, reporting 0% officer compensation across all available filings. This suggests that the highest-ranking individuals are not drawing salaries from the organization, which is a significant positive indicator for donor trust and resource allocation directly to mission-related activities. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the absence of officer compensation implies a strong potential for efficient spending on its core mission. Further detailed analysis of their Form 990 would be needed to fully assess spending efficiency ratios.

Overall, Services For The Aged Inc appears to be a financially stable organization with a strong commitment to its mission, evidenced by its consistent operations and zero reported officer compensation. The recurring operational deficits in recent years warrant closer monitoring, but the organization's asset base provides some buffer. Its transparency regarding executive pay is a significant strength, fostering trust among stakeholders.

Is Services For The Aged Inc Legit?

Verdict: Services For The Aged Inc appears trustworthy

Red Flags

Strengths