Is Shallow River Properties Inc Washington St Legit?
Quick charity verification for Shallow River Properties Inc Washington St (EIN: 20426312)
Verdict: Shallow River Properties Inc Washington St appears trustworthy
90/100Mission Score
$1.2MRevenue
$7.4MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue generation exceeding $1 million annually.
Steady and significant growth in assets, from $5.2M in 2015 to $7.4M in 2024.
Consistently low liabilities relative to assets and revenue.
No reported officer compensation across all 13 filings, indicating strong financial stewardship or volunteer leadership.
Consistent financial surpluses in most recent years (e.g., $1.2M revenue vs. $779K expenses in 2024).
Spending Breakdown
How Shallow River Properties Inc Washington St 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 Shallow River Properties Inc Washington St
Is Shallow River Properties Inc Washington St a legitimate charity?
Based on AI analysis of IRS 990 filings, Shallow River Properties Inc Washington St (EIN: 20426312) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Shallow River Properties Inc Washington St a good charity to donate to?
Shallow River Properties Inc Washington St has a Mission Score of 90/100. Revenue: $1.2M. Assets: $7.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Shallow River Properties Inc Washington St?
The Employer Identification Number (EIN) for Shallow River Properties Inc Washington St is 20426312. 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 Shallow River Properties Inc Washington St spend its money?
Shallow River Properties Inc Washington St allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Shallow River Properties Inc Washington St's tax-exempt status?
You can verify Shallow River Properties Inc Washington St's tax-exempt status using EIN 20426312 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
Shallow River Properties Inc demonstrates consistent financial health with steadily growing assets, reaching $7,415,294 in the latest period. The organization consistently generates over $1 million in revenue annually, with the latest period showing $1,248,818. Expenses have generally been well-managed, with the latest period's expenses of $779,244 being significantly lower than revenue, indicating a healthy surplus. The organization's liabilities are consistently low, at $49,153 in the most recent filing, which is a positive indicator of financial stability.
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial picture suggests efficient operations given the consistent surpluses and asset growth. The absence of reported officer compensation across all filings indicates a high degree of transparency regarding executive pay, as it suggests either a volunteer leadership structure or compensation below reporting thresholds, which is favorable for a nonprofit of this size. The consistent filing history over 13 periods further enhances transparency.