Quick charity verification for Snhs Elderly Housing Vi Inc (EIN: 204462309)
Verdict: Snhs Elderly Housing Vi Inc appears trustworthy
75/100Mission Score
$243KRevenue
$1.9MAssets
3Red Flags
3Strengths
Red Flags
Consistent operational deficits (expenses exceeding revenue) across multiple years, e.g., $278,034 expenses vs. $208,361 revenue in 202406.
Declining asset base over time, from $2,519,077 in 201506 to $1,871,615 in 202406, indicating reliance on reserves.
High liabilities relative to assets, with liabilities consistently around $2.7 million while assets are below $2 million in recent years.
Strengths
Zero officer compensation reported across all filings, indicating highly efficient use of funds for leadership or strong volunteer support.
Long operational history with 13 filings, suggesting stability and experience in its mission.
Clear focus on program delivery, implied by the NTEE code L21 and the absence of fundraising expenses.
Spending Breakdown
How Snhs Elderly Housing Vi 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
0%
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 Vi Inc
Is Snhs Elderly Housing Vi Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Snhs Elderly Housing Vi Inc (EIN: 204462309) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Snhs Elderly Housing Vi Inc a good charity to donate to?
Snhs Elderly Housing Vi Inc has a Mission Score of 75/100. Revenue: $243K. Assets: $1.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Snhs Elderly Housing Vi Inc?
The Employer Identification Number (EIN) for Snhs Elderly Housing Vi Inc is 204462309. 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 Vi Inc spend its money?
Snhs Elderly Housing Vi Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Snhs Elderly Housing Vi Inc's tax-exempt status?
You can verify Snhs Elderly Housing Vi Inc's tax-exempt status using EIN 204462309 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 Vi 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 volunteer leadership or management provided by a parent organization, enhancing its transparency and potentially reducing administrative overhead. However, a consistent trend of expenses exceeding revenue is observed across multiple years, for example, in 202406, revenue was $208,361 while expenses were $278,034, and in 202306, revenue was $206,443 against expenses of $279,170. This ongoing deficit spending, while not immediately critical given its asset base, warrants closer examination to understand its long-term financial sustainability.
The organization's assets have shown a gradual decline over the years, from $2,519,077 in 201506 to $1,871,615 in 202406, while liabilities have remained relatively stable, hovering around $2.7 million. This suggests that the organization is drawing down its assets to cover operational shortfalls. Despite this, the consistent reporting of zero officer compensation is a positive sign regarding its commitment to directing resources towards its mission. The organization's financial health, while stable in terms of asset base, shows a pattern of operational deficits that could become a concern if not addressed through increased revenue or reduced expenses.