Is Shomrim Of Baltimore Inc Legit?

Quick charity verification for Shomrim Of Baltimore Inc (EIN: 204321794)

Verdict: Shomrim Of Baltimore Inc appears trustworthy

85/100Mission Score

$204KRevenue

$137KAssets

2Red Flags

4Strengths

Red Flags

Significant year-over-year fluctuations in revenue and assets, indicating potential instability or project-based funding cycles.
Expenses exceeded revenue in multiple years (e.g., 2022, 2021, 2020), leading to a decrease in net assets during those periods.

Strengths

Consistent reporting of zero liabilities across all filings, indicating strong financial health and no debt.
No reported officer compensation, suggesting a volunteer-driven model that maximizes funds for mission-related activities.
Significant revenue growth in recent years, from $8,112 in 2020 to $89,419 in 2023, indicating increasing community support.
Consistent filing history with 13 available IRS 990s, demonstrating good transparency and compliance.

Spending Breakdown

How Shomrim Of Baltimore Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Shomrim Of Baltimore Inc

Is Shomrim Of Baltimore Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Shomrim Of Baltimore Inc (EIN: 204321794) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Shomrim Of Baltimore Inc a good charity to donate to?

Shomrim Of Baltimore Inc has a Mission Score of 85/100. Revenue: $204K. Assets: $137K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Shomrim Of Baltimore Inc?

The Employer Identification Number (EIN) for Shomrim Of Baltimore Inc is 204321794. 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 Shomrim Of Baltimore Inc spend its money?

Shomrim Of Baltimore Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Shomrim Of Baltimore Inc's tax-exempt status?

You can verify Shomrim Of Baltimore Inc's tax-exempt status using EIN 204321794 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

Shomrim Of Baltimore Inc demonstrates a fluctuating financial performance over the past decade, with recent years showing an increase in revenue. In 2023, the organization reported revenue of $89,419 against expenses of $83,443, resulting in a modest surplus. This is a positive trend compared to 2022, where expenses ($94,044) exceeded revenue ($70,754). The organization's assets have also seen significant fluctuations, peaking at $108,412 in 2017 and currently standing at $21,129 in 2023. The consistent reporting of zero liabilities across all filings indicates a healthy balance sheet with no outstanding debt, which is a strong indicator of financial stability. The absence of officer compensation reported in all available filings suggests that the organization is run by volunteers, which can lead to higher program spending efficiency.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the consistent reporting of zero officer compensation suggests that a significant portion of their operational costs are likely directed towards their mission. The organization's revenue has grown substantially from $8,112 in 2020 to $89,419 in 2023, indicating increasing support for its activities. The relatively low asset base compared to its latest revenue suggests that the organization operates with a lean structure, utilizing funds as they are received rather than accumulating large reserves.

Transparency appears to be good, with 13 filings available, indicating consistent reporting to the IRS. The clear reporting of revenue, expenses, assets, liabilities, and officer compensation provides a foundational level of financial transparency. The lack of reported officer compensation is a key factor in assessing their operational model and commitment to directing funds towards their stated purpose. Overall, while the financial figures fluctuate, the trend in recent years shows growth and a stable financial position with no debt.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.