Quick charity verification for Snhs Elderly Housing Iv Inc (EIN: 20538415)
Verdict: Snhs Elderly Housing Iv Inc appears trustworthy
70/100Mission Score
$500KRevenue
$2.5MAssets
3Red Flags
3Strengths
Red Flags
Consistent operational deficits (e.g., $106,592 deficit in 202406).
Declining asset base over the past decade (from $3.68M in 2015 to $2.53M in 2024).
High liabilities relative to assets, indicating potential financial leverage concerns.
Strengths
Zero executive compensation reported, indicating strong commitment to mission.
Consistent operation for over a decade, suggesting stability in its core services.
Focus on elderly housing (NTEE L21) addresses a critical community need.
Spending Breakdown
How Snhs Elderly Housing Iv Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Elderly Housing Iv Inc
Is Snhs Elderly Housing Iv Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Snhs Elderly Housing Iv Inc (EIN: 20538415) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Snhs Elderly Housing Iv Inc a good charity to donate to?
Snhs Elderly Housing Iv Inc has a Mission Score of 70/100. Revenue: $500K. Assets: $2.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Snhs Elderly Housing Iv Inc?
The Employer Identification Number (EIN) for Snhs Elderly Housing Iv Inc is 20538415. 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 Elderly Housing Iv Inc spend its money?
Snhs Elderly Housing Iv Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Snhs Elderly Housing Iv Inc's tax-exempt status?
You can verify Snhs Elderly Housing Iv Inc's tax-exempt status using EIN 20538415 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 Elderly Housing Iv Inc, operating in Manchester, NH, appears to be a well-established organization focused on elderly housing, as indicated by its NTEE code L21. The organization consistently reports no officer compensation, which is a strong indicator of transparency and a commitment to directing resources towards its mission rather than executive salaries. However, a consistent trend of expenses exceeding revenue is observed across multiple years, for example, in 202406, revenue was $432,250 while expenses were $538,842, and in 202306, revenue was $400,716 against expenses of $560,203. This consistent deficit spending, coupled with a declining asset base from $3,681,009 in 201506 to $2,534,507 in 202406, suggests potential long-term financial sustainability challenges. The organization's liabilities have remained relatively stable, hovering around $4.5 million, which, when compared to its declining assets, raises concerns about its financial leverage and ability to cover its obligations in the long run. While the lack of executive compensation is positive, the overall financial health warrants closer scrutiny regarding its operational model and funding strategies to ensure continued service delivery.