0% officer compensation reported across all filings, indicating high dedication of resources to the mission.
Long history of IRS 990 filings (14 filings), demonstrating transparency and compliance.
Minimal to no reported liabilities in most periods, reflecting sound financial management.
Spending Breakdown
How South Park Development Corporation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 South Park Development Corporation
Is South Park Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, South Park Development Corporation (EIN: 10424895) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is South Park Development Corporation a good charity to donate to?
South Park Development Corporation has a Mission Score of 85/100. Revenue: $67K. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for South Park Development Corporation?
The Employer Identification Number (EIN) for South Park Development Corporation is 10424895. 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 South Park Development Corporation spend its money?
South Park Development Corporation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify South Park Development Corporation's tax-exempt status?
You can verify South Park Development Corporation's tax-exempt status using EIN 10424895 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
South Park Development Corporation demonstrates consistent financial stability with substantial assets relative to its annual revenue and expenses. The organization's assets have remained robust, consistently above $1.5 million, while annual revenues fluctuate but generally cover expenses. For instance, in 202306, revenue was $59,257 against expenses of $44,388, indicating a surplus. However, in 202406, expenses ($44,137) slightly exceeded revenue ($35,497), suggesting a reliance on prior reserves or investment income to cover operational costs.
The organization exhibits strong spending efficiency in terms of executive compensation, reporting 0% officer compensation across all available filings, which is a significant positive indicator of resource allocation directly to mission-related activities. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the consistent low expense levels relative to assets suggest a lean operational structure. The absence of liabilities in most periods further underscores financial prudence.
Transparency is high given the consistent filing of IRS Form 990s over 14 periods, indicating adherence to regulatory requirements. The lack of reported officer compensation enhances trust, as it suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which would require further investigation for complete clarity. Overall, the organization appears financially sound and responsibly managed, particularly concerning executive pay and asset preservation.