Quick charity verification for Seton Village Inc (EIN: 10367553)
Verdict: Seton Village Inc shows mixed signals
65/100Mission Score
$2.3MRevenue
$6.1MAssets
3Red Flags
3Strengths
Red Flags
Consistent operational deficits (expenses exceeding revenue) in recent years, e.g., $1,733,131 expenses vs. $1,532,343 revenue in 202306.
Liabilities frequently close to or exceeding assets, indicating a potentially leveraged financial position, e.g., $5,937,069 liabilities vs. $5,420,107 assets in 202306.
No officer compensation reported across all filings, which is unusual for an organization of this size and could indicate a lack of transparency in executive remuneration.
Strengths
Consistent filing of IRS Form 990s, demonstrating a commitment to regulatory compliance and public disclosure.
Maintained a substantial asset base over time, with assets generally above $4.6 million, providing some financial stability.
Long operational history with consistent revenue streams, indicating established programs and community presence.
Spending Breakdown
How Seton Village Inc 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 Seton Village Inc
Is Seton Village Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Seton Village Inc (EIN: 10367553) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Seton Village Inc a good charity to donate to?
Seton Village Inc has a Mission Score of 65/100. Revenue: $2.3M. Assets: $6.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Seton Village Inc?
The Employer Identification Number (EIN) for Seton Village Inc is 10367553. 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 Seton Village Inc spend its money?
Seton Village Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Seton Village Inc's tax-exempt status?
You can verify Seton Village Inc's tax-exempt status using EIN 10367553 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
Seton Village Inc. demonstrates consistent operational activity with revenues and expenses generally in the range of $1.2 million to $1.7 million over the past decade. The organization has experienced a slight increase in revenue in its latest filing period (202306) to $1,532,343, though expenses ($1,733,131) exceeded revenue, resulting in a deficit. This trend of expenses exceeding revenue has been consistent in recent years, indicating a reliance on existing assets or other funding sources to cover operational costs. The organization's assets have fluctuated, reaching a high of $6,660,260 in 201906 and currently standing at $5,420,107 in 202306, while liabilities have often been close to or exceeding assets, particularly in recent periods, suggesting a potentially leveraged financial position.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent operational deficits suggest that the organization is spending more than it brings in through its primary revenue streams. The absence of reported officer compensation across all filings indicates either a volunteer-led executive team or compensation being reported under other expense categories, which could impact transparency if not clearly disclosed elsewhere. The organization's financial health appears stable in terms of asset base, but the recurring operational deficits warrant closer examination.
Transparency is generally good given the consistent filing of IRS Form 990s. However, the lack of reported officer compensation on the 990s, despite the organization's size and operational scope, could be a point of inquiry for stakeholders seeking a complete picture of executive remuneration. The consistent reporting of assets and liabilities provides a clear view of the balance sheet, but the sustained operational deficits are a key financial indicator that requires attention.