Is Skaalen Village Inc Legit?

Quick charity verification for Skaalen Village Inc (EIN: 20663908)

Verdict: Skaalen Village Inc shows mixed signals

45/100Mission Score

$560KRevenue

$7.0MAssets

3Red Flags

2Strengths

Red Flags

Consistent and significant operational deficits (e.g., $319,793 deficit in 2023).
Liabilities consistently exceed assets (e.g., $11,656,316 liabilities vs. $6,885,775 assets in 2023).
Declining asset base over the past decade (from $8.4M in 2014 to $6.8M in 2023).

Strengths

No reported officer compensation, indicating low executive overhead.
Long operating history with 13 IRS 990 filings, suggesting established presence.

Spending Breakdown

How Skaalen Village Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

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 Skaalen Village Inc

Is Skaalen Village Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Skaalen Village Inc (EIN: 20663908) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.

Is Skaalen Village Inc a good charity to donate to?

Skaalen Village Inc has a Mission Score of 45/100. Revenue: $560K. Assets: $7.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Skaalen Village Inc?

The Employer Identification Number (EIN) for Skaalen Village Inc is 20663908. 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 Skaalen Village Inc spend its money?

Skaalen Village Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Skaalen Village Inc's tax-exempt status?

You can verify Skaalen Village Inc's tax-exempt status using EIN 20663908 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

Skaalen Village Inc. exhibits significant financial challenges, consistently operating at a substantial deficit over the past decade. In 2023, the organization reported revenues of $550,095 against expenses of $869,888, resulting in a deficit of over $300,000. This pattern of expenses far exceeding revenue is a long-standing issue, indicating an unsustainable financial model. While the organization maintains substantial assets, reported at $6,885,775 in 2023, its liabilities are considerably higher, reaching $11,656,316 in the same period, suggesting a precarious balance sheet. The consistent decline in assets over the years, from $8,431,833 in 2014 to $6,885,775 in 2023, further underscores financial strain.

Spending efficiency is difficult to fully assess without a detailed functional expense breakdown, which is not provided in the summary data. However, the persistent operational deficits suggest that current spending levels are not aligned with revenue generation. The absence of reported officer compensation across all filings indicates either a volunteer-led executive team or compensation falling below reporting thresholds, which could be a positive for efficiency if operations are effectively managed. Transparency regarding executive compensation is high, as zero compensation is reported.

Overall, Skaalen Village Inc. faces significant financial headwinds. The consistent and large operational deficits, coupled with liabilities far exceeding assets, raise concerns about long-term viability. While the lack of reported executive compensation is a positive, the fundamental imbalance between revenue and expenses needs to be addressed for improved financial health and sustainability.

View Full Transparency Report →

Disclaimer

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