Quick charity verification for Shaw Main Streets Inc (EIN: 161665834)
Verdict: Shaw Main Streets Inc shows mixed signals
65/100Mission Score
$561KRevenue
$294KAssets
2Red Flags
3Strengths
Red Flags
Recurring operational deficits (e.g., $64,891 in 2023, $307,370 in 2022)
Significant increase in liabilities from $11,504 in 2019 to $219,017 in 2023
Strengths
Consistent revenue generation over multiple years
0% reported officer compensation, indicating strong transparency in executive pay
Maintains a positive asset balance, though liabilities are growing
Spending Breakdown
How Shaw Main Streets Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Shaw Main Streets Inc
Is Shaw Main Streets Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Shaw Main Streets Inc (EIN: 161665834) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is Shaw Main Streets Inc a good charity to donate to?
Shaw Main Streets Inc has a Mission Score of 65/100. Revenue: $561K. Assets: $294K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Shaw Main Streets Inc?
The Employer Identification Number (EIN) for Shaw Main Streets Inc is 161665834. 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 Shaw Main Streets Inc spend its money?
Shaw Main Streets Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Shaw Main Streets Inc's tax-exempt status?
You can verify Shaw Main Streets Inc's tax-exempt status using EIN 161665834 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
Shaw Main Streets Inc. demonstrates a fluctuating financial position over the past several years. In the most recent filing (202312), the organization reported revenue of $504,650 against expenses of $569,541, indicating a deficit for the period. This trend of expenses exceeding revenue is also visible in 202212 ($352,709 revenue vs. $660,079 expenses) and several other prior years, suggesting a potential reliance on prior year surpluses or other funding mechanisms to cover operational costs. While assets have generally remained stable, liabilities have shown a significant increase in recent years, rising from $11,504 in 201912 to $219,017 in 202312, which warrants further investigation into the nature of these obligations.
The organization's spending efficiency cannot be fully assessed without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all available filings is a positive indicator of financial transparency regarding executive pay. The NTEE code S30 (Community Development Corporations) suggests a focus on local community improvement, and the consistent revenue generation, despite deficits, indicates ongoing operational capacity. The increase in liabilities, however, is a notable concern that could impact future financial stability.