Quick charity verification for Snhs Raymond Elderly Housing Inc (EIN: 20489463)
Verdict: Snhs Raymond Elderly Housing Inc shows mixed signals
65/100Mission Score
$280KRevenue
$1.0MAssets
4Red Flags
4Strengths
Red Flags
Consistent operating deficits (expenses exceeding revenue) over multiple years.
Declining asset base from $1.3M in 2015 to $1.03M in 2024.
Liabilities consistently exceed assets, indicating a negative net asset position.
Lack of detailed expense breakdown beyond total expenses in the provided data.
Strengths
0% officer compensation reported, indicating efficient use of funds at the leadership level.
Consistent filing of IRS Form 990s over 13 periods, demonstrating transparency and compliance.
Clear mission focus on housing for the elderly (NTEE L22).
Stable revenue stream, albeit insufficient to cover expenses.
Spending Breakdown
How Snhs Raymond 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 Raymond Elderly Housing Inc
Is Snhs Raymond Elderly Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Snhs Raymond Elderly Housing Inc (EIN: 20489463) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 4 strengths noted.
Is Snhs Raymond Elderly Housing Inc a good charity to donate to?
Snhs Raymond Elderly Housing Inc has a Mission Score of 65/100. Revenue: $280K. Assets: $1.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Snhs Raymond Elderly Housing Inc?
The Employer Identification Number (EIN) for Snhs Raymond Elderly Housing Inc is 20489463. 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 Raymond Elderly Housing Inc spend its money?
Snhs Raymond 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 Raymond Elderly Housing Inc's tax-exempt status?
You can verify Snhs Raymond Elderly Housing Inc's tax-exempt status using EIN 20489463 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 Raymond Elderly Housing Inc. demonstrates consistent financial operations focused on providing elderly housing. Over the past decade, the organization has maintained a stable revenue stream, with expenses generally exceeding revenue, leading to a gradual decline in assets and an increase in liabilities. For instance, in 2024, expenses were $287,617 against revenues of $271,629, contributing to a net deficit. This trend suggests that the organization may be drawing down on reserves or relying on external support to cover operational costs.
The organization's transparency is commendable, particularly with 0% officer compensation reported across all available filings, indicating that leadership is likely volunteer-based or compensated through other means not classified as officer compensation. This practice can contribute to lower administrative overhead. However, the consistent operating deficits and increasing liabilities warrant closer examination to ensure long-term financial sustainability. While the NTEE code L22 (Housing for the Elderly) suggests a clear program focus, a detailed breakdown of expenses beyond the top-level figures would provide greater insight into spending efficiency.
Despite the financial deficits, the organization's commitment to its mission appears strong, as evidenced by the lack of executive compensation. The consistent filing of IRS Form 990s over 13 periods also indicates a commitment to regulatory compliance and transparency. However, the declining asset base and growing liabilities, reaching $1,802,682 in 2024 against assets of $1,034,637, present a significant financial challenge that could impact future program delivery if not addressed.