Is Snhs Ashland Elderly Housing Inc Legit?…

Quick charity verification for Snhs Ashland Elderly Housing Inc (EIN: 203064137)

Red Flags

Consistent operational deficits (expenses exceeding revenue) across multiple years, e.g., $330,686 expenses vs. $254,161 revenue in 202406.
Declining asset base over time, from $3,193,473 in 201506 to $2,432,316 in 202406.
Liabilities consistently exceed assets, indicating a negative net asset position and potential solvency issues.
Lack of detailed expense breakdown (program vs. admin vs. fundraising) in the provided data makes it difficult to fully assess spending efficiency.

Spending Breakdown

How Snhs Ashland Elderly 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

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 Snhs Ashland Elderly Housing Inc

Is Snhs Ashland Elderly Housing Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Snhs Ashland Elderly Housing Inc (EIN: 203064137) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 2 strengths noted.

Is Snhs Ashland Elderly Housing Inc a good charity to donate to?

Snhs Ashland Elderly Housing Inc has a Mission Score of 65/100. Revenue: $273K. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Snhs Ashland Elderly Housing Inc?

The Employer Identification Number (EIN) for Snhs Ashland Elderly Housing Inc is 203064137. 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 Snhs Ashland Elderly Housing Inc spend its money?

Snhs Ashland Elderly Housing Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Snhs Ashland Elderly Housing Inc's tax-exempt status?

You can verify Snhs Ashland Elderly Housing Inc's tax-exempt status using EIN 203064137 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

Snhs Ashland Elderly Housing Inc, operating in Manchester, NH, demonstrates a consistent financial pattern of expenses exceeding revenue over the past several years, indicating an operational deficit. For instance, in the 202406 period, expenses were $330,686 against revenues of $254,161, and similar trends are observed in prior years. While the organization's assets have been gradually declining from $3,193,473 in 201506 to $2,432,316 in 202406, its liabilities have remained relatively stable, consistently exceeding assets. This suggests a reliance on debt or external support to maintain operations, which could pose long-term sustainability challenges. The NTEE code L21 indicates a focus on housing for the elderly, aligning with its mission.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent operational deficits suggest that current revenue streams are insufficient to cover its costs. A positive aspect is the reported 0% officer compensation across all available filings, which indicates that executive leadership is not drawing salaries from the organization, potentially freeing up funds for direct program services. This also contributes positively to transparency regarding compensation practices.

Overall, Snhs Ashland Elderly Housing Inc appears to be transparent in its executive compensation, but its financial health shows signs of strain due to persistent deficits and a declining asset base relative to stable liabilities. Further analysis of expense allocation would be beneficial to fully understand its spending efficiency and program impact.

Is Snhs Ashland Elderly Housing Inc Legit?

Verdict: Snhs Ashland Elderly Housing Inc shows mixed signals