Quick charity verification for Snhs North Berwick Elderly Housing Inc (EIN: 20505705)
Verdict: Snhs North Berwick Elderly Housing Inc appears trustworthy
75/100Mission Score
$314KRevenue
$1.2MAssets
2Red Flags
3Strengths
Red Flags
Consistent operating deficits, with expenses exceeding revenue in every reported period.
Gradual decline in total assets over the past decade (from $1.58M in 2015 to $1.17M in 2024).
Strengths
Zero officer compensation reported, indicating strong financial transparency and mission focus.
Clear and consistent mission (Housing for the Elderly) as per NTEE code.
Maintains a significant asset base relative to its annual revenue, providing some financial cushion.
Spending Breakdown
How Snhs North Berwick Elderly Housing Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 North Berwick Elderly Housing Inc
Is Snhs North Berwick Elderly Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Snhs North Berwick Elderly Housing Inc (EIN: 20505705) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Snhs North Berwick Elderly Housing Inc a good charity to donate to?
Snhs North Berwick Elderly Housing Inc has a Mission Score of 75/100. Revenue: $314K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Snhs North Berwick Elderly Housing Inc?
The Employer Identification Number (EIN) for Snhs North Berwick Elderly Housing Inc is 20505705. 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 North Berwick Elderly Housing Inc spend its money?
Snhs North Berwick Elderly Housing Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Snhs North Berwick Elderly Housing Inc's tax-exempt status?
You can verify Snhs North Berwick Elderly Housing Inc's tax-exempt status using EIN 20505705 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 North Berwick Elderly Housing Inc appears to be in a stable, albeit somewhat constrained, financial position. The organization consistently operates with expenses exceeding revenue, as seen in the latest filing (202403) where expenses were $351,858 against revenues of $314,510. This trend of deficit spending has been consistent over the past several years, indicating a reliance on existing assets or other funding mechanisms to cover operational costs. While assets have shown a gradual decline from $1,585,245 in 2015 to $1,171,163 in 2024, the organization maintains a significant asset base relative to its annual revenue.
The organization's NTEE code L21 (Housing for the Elderly) suggests a clear program focus. The consistent reporting of 0% officer compensation across all filings indicates strong financial transparency regarding executive pay and a commitment to directing funds towards its mission. However, without a detailed breakdown of expenses (program, administrative, fundraising) in the provided data, a precise assessment of spending efficiency is challenging. The high liabilities, consistently over $2 million, suggest significant debt, likely related to property ownership and maintenance for elderly housing, which is typical for this type of organization.