Declining asset base over the past decade (from $649,098 in 2015 to $475,119 in 2024)
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds at the executive level.
Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency and compliance.
Focus on a clear mission (Seniors Housing) as per NTEE code L22Z.
Spending Breakdown
How Shadagee Seniors Housing Corporation 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 Shadagee Seniors Housing Corporation
Is Shadagee Seniors Housing Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Shadagee Seniors Housing Corporation (EIN: 10370653) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
Is Shadagee Seniors Housing Corporation a good charity to donate to?
Shadagee Seniors Housing Corporation has a Mission Score of 60/100. Revenue: $318K. Assets: $481K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Shadagee Seniors Housing Corporation?
The Employer Identification Number (EIN) for Shadagee Seniors Housing Corporation is 10370653. 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 Shadagee Seniors Housing Corporation spend its money?
Shadagee Seniors Housing Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Shadagee Seniors Housing Corporation's tax-exempt status?
You can verify Shadagee Seniors Housing Corporation's tax-exempt status using EIN 10370653 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
Shadagee Seniors Housing Corporation demonstrates consistent operational activity focused on senior housing, as indicated by its NTEE code L22Z. The organization's revenue has shown a gradual increase over the past decade, from $234,545 in 2015 to $280,525 in 2024. However, expenses have frequently exceeded revenue, notably in the latest period (202403) where expenses were $317,407 against revenues of $280,525, resulting in a deficit. This trend of expenses often outpacing revenue suggests potential financial strain or reliance on prior period surpluses or non-operating income not detailed here.
The organization's asset base has been steadily declining, from $649,098 in 2015 to $475,119 in 2024, while liabilities have remained substantial, consistently exceeding assets. For instance, in 2024, liabilities stood at $614,787 against assets of $475,119, indicating a negative net asset position. This long-term trend of declining assets and high liabilities raises concerns about long-term financial sustainability and solvency.
Transparency appears to be good regarding executive compensation, as the organization consistently reports 0% officer compensation across all available filings. This suggests that the organization is either entirely volunteer-run at the executive level or that compensation is structured in a way that it is not reported as officer compensation on the 990, which would warrant further investigation. The consistent filing of 990s over 13 periods indicates a commitment to regulatory compliance and public disclosure.