Quick charity verification for Sholom St Paul Senior Housing Inc (EIN: 204844785)
Verdict: Sholom St Paul Senior Housing Inc shows mixed signals
55/100Mission Score
$423KRevenue
$4.9MAssets
4Red Flags
3Strengths
Red Flags
Persistent operating deficits across all reported years (e.g., $489,169 expenses vs. $400,648 revenue in 2023).
Declining asset base over the past decade (from $6.2M in 2014 to $4.9M in 2023).
Liabilities consistently exceed assets, indicating a negative net asset position.
No officer compensation reported, which may obscure true leadership costs or indicate reliance on unpaid leadership.
Strengths
Long operating history with 13 IRS 990 filings.
Maintains substantial assets ($4,966,936 in 2023) despite declines, providing some financial buffer.
Focus on a critical community need (Housing for the Elderly, NTEE L22).
Spending Breakdown
How Sholom St Paul Senior Housing Inc 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 Sholom St Paul Senior Housing Inc
Is Sholom St Paul Senior Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Sholom St Paul Senior Housing Inc (EIN: 204844785) shows mixed signals. Mission Score: 55/100. 4 red flags identified, 3 strengths noted.
Is Sholom St Paul Senior Housing Inc a good charity to donate to?
Sholom St Paul Senior Housing Inc has a Mission Score of 55/100. Revenue: $423K. Assets: $4.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sholom St Paul Senior Housing Inc?
The Employer Identification Number (EIN) for Sholom St Paul Senior Housing Inc is 204844785. 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 Sholom St Paul Senior Housing Inc spend its money?
Sholom St Paul Senior Housing Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sholom St Paul Senior Housing Inc's tax-exempt status?
You can verify Sholom St Paul Senior Housing Inc's tax-exempt status using EIN 204844785 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
Sholom St Paul Senior Housing Inc. exhibits a consistent pattern of operating deficits, with expenses regularly exceeding revenue. For instance, in 2023, expenses were $489,169 against revenues of $400,648, and this trend is visible across all reported years. While the organization maintains substantial assets (e.g., $4,966,936 in 2023), its liabilities consistently exceed these assets, indicating a negative net asset position. The absence of reported officer compensation across all filings suggests either a volunteer-led executive structure or compensation is reported under other expense categories, which could impact transparency regarding leadership costs.
The organization's financial health appears to be under pressure due to these persistent operating losses, which have led to a gradual decline in assets over the years (from $6,224,926 in 2014 to $4,966,936 in 2023). The NTEE code L22 (Housing for the Elderly) suggests a focus on program services, but without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency. The consistent deficits raise questions about long-term sustainability and reliance on external support or asset depletion to cover operational costs.