Is Seymour Osman Community Center And Youth Safe Haven Legit?
Quick charity verification for Seymour Osman Community Center And Youth Safe Haven (EIN: 10694632)
Verdict: Seymour Osman Community Center And Youth Safe Haven appears trustworthy
85/100Mission Score
$296KRevenue
$205KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $173,199 in 2014 to $449,820 in 2023.
Significant asset accumulation, increasing from $20,671 in 2014 to $262,466 in 2023.
No reported officer compensation, indicating resources are directed towards the mission.
Consistent positive net income (revenue exceeding expenses) in most recent years, e.g., $449,820 revenue vs. $328,696 expenses in 2023.
Regular and consistent IRS 990 filings, demonstrating transparency.
Spending Breakdown
How Seymour Osman Community Center And Youth Safe Haven 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 Seymour Osman Community Center And Youth Safe Haven
Is Seymour Osman Community Center And Youth Safe Haven a legitimate charity?
Based on AI analysis of IRS 990 filings, Seymour Osman Community Center And Youth Safe Haven (EIN: 10694632) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Seymour Osman Community Center And Youth Safe Haven a good charity to donate to?
Seymour Osman Community Center And Youth Safe Haven has a Mission Score of 85/100. Revenue: $296K. Assets: $205K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Seymour Osman Community Center And Youth Safe Haven?
The Employer Identification Number (EIN) for Seymour Osman Community Center And Youth Safe Haven is 10694632. 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 Seymour Osman Community Center And Youth Safe Haven spend its money?
Seymour Osman Community Center And Youth Safe Haven allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Seymour Osman Community Center And Youth Safe Haven's tax-exempt status?
You can verify Seymour Osman Community Center And Youth Safe Haven's tax-exempt status using EIN 10694632 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
The Seymour Osman Community Center And Youth Safe Haven demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past several years, culminating in $449,820 in revenue for the period ending June 2023. This growth has allowed the organization to significantly increase its assets from $20,671 in 2014 to $262,466 in 2023, indicating a strengthening financial position. The organization consistently spends less than its revenue, as seen in the 2023 period where expenses were $328,696 against $449,820 in revenue, contributing to asset accumulation.
While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the consistent positive net income suggests efficient management of resources. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available, indicating a commitment to public disclosure. The absence of reported officer compensation further enhances its transparency and suggests that resources are primarily directed towards its mission rather than executive salaries.
Overall, the organization appears to be financially stable and growing, with a good track record of managing its finances responsibly. Its increasing asset base and consistent revenue growth position it well for continued impact in the community. However, a detailed breakdown of spending categories would provide even greater insight into its operational efficiency.