Is Sfers Real Estate Corp Ii Legit? —…

Spending Breakdown

How Sfers Real Estate Corp Ii allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

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 Sfers Real Estate Corp Ii

Is Sfers Real Estate Corp Ii a legitimate charity?

Based on AI analysis of IRS 990 filings, Sfers Real Estate Corp Ii (EIN: 200219664) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.

Is Sfers Real Estate Corp Ii a good charity to donate to?

Sfers Real Estate Corp Ii has a Mission Score of 45/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Sfers Real Estate Corp Ii?

The Employer Identification Number (EIN) for Sfers Real Estate Corp Ii is 200219664. 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 Sfers Real Estate Corp Ii spend its money?

Sfers Real Estate Corp Ii allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Sfers Real Estate Corp Ii's tax-exempt status?

You can verify Sfers Real Estate Corp Ii's tax-exempt status using EIN 200219664 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

Sfers Real Estate Corp II appears to be a holding entity given its name and financial structure, rather than a traditional operating nonprofit. The organization consistently reported significant revenue and assets in its earlier filings, with revenues ranging from $3.8 million to $4.5 million and assets consistently above $42 million. However, its latest filing shows $0 in both revenue and assets, which is a drastic change and raises questions about its current operational status or if it has ceased operations or been absorbed. The consistent reporting of 0% officer compensation across all available filings suggests either a volunteer-led board or that compensation is handled by a related entity, which is not uncommon for complex real estate structures.

Spending efficiency is difficult to assess without a detailed breakdown of expenses, as the provided data only shows total expenses. For instance, in 2016, expenses were $3,149,565 against revenues of $4,531,368, indicating a significant portion of revenue was spent. Without knowing the nature of these expenses (e.g., property management, maintenance, debt service), it's challenging to determine if they are efficient program-related costs or administrative overhead. The lack of an NTEE code also hinders understanding its specific mission and how effectively it's achieving it.

Transparency is moderate. The organization has a consistent filing history, which is a positive sign of compliance. However, the sudden drop to $0 revenue and assets in the latest period without further context in the provided data is a significant transparency concern. Additionally, the absence of officer compensation, while potentially a strength, could also indicate a lack of transparency if compensation is being paid through a related party not disclosed in these specific filings. A clearer picture of its operational model and the nature of its expenses would enhance transparency.

Is Sfers Real Estate Corp Ii Legit?

Verdict: Sfers Real Estate Corp Ii shows mixed signals

Red Flags

Strengths