Is South Shore Association For Independent…

Quick charity verification for South Shore Association For Independent Living Inc (EIN: 112603787)

Spending Breakdown

How South Shore Association For Independent Living Inc allocates its funds across programs, administration, and fundraising.

98%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Shore Association For Independent Living Inc

Is South Shore Association For Independent Living Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, South Shore Association For Independent Living Inc (EIN: 112603787) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is South Shore Association For Independent Living Inc a good charity to donate to?

South Shore Association For Independent Living Inc has a Mission Score of 85/100. Revenue: $21.4M. Assets: $26.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for South Shore Association For Independent Living Inc?

The Employer Identification Number (EIN) for South Shore Association For Independent Living Inc is 112603787. 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 Shore Association For Independent Living Inc spend its money?

South Shore Association For Independent Living Inc allocates 98% to programs, 2% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify South Shore Association For Independent Living Inc's tax-exempt status?

You can verify South Shore Association For Independent Living Inc's tax-exempt status using EIN 112603787 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 Shore Association For Independent Living Inc demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past several years, the organization has shown a steady increase in both revenue and assets, with the latest reported revenue at $19,615,663 and assets at $22,496,329 for the 202312 period. Expenses have generally tracked revenue, indicating active program delivery. The organization consistently reports 0% officer compensation, which is unusual for an organization of this size and may suggest that executive compensation is reported under other expense categories or that the organization relies heavily on volunteer leadership, which would be a significant strength in terms of resource allocation.

The organization's spending efficiency appears strong, with expenses closely aligning with revenue, suggesting that most incoming funds are directly utilized for its mission. For instance, in 202312, expenses were $19,234,896 against revenues of $19,615,663, leaving a modest surplus. The consistent growth in assets, from $9,206,444 in 201412 to $22,496,329 in 202312, indicates sound financial management and an ability to build reserves. The lack of reported officer compensation directly on the 990 form for all periods reviewed is a notable point regarding transparency, as it makes it difficult to assess executive pay practices without further investigation into other expense line items.

Overall, the financial data suggests a well-managed organization with a strong focus on its programs, as evidenced by the high proportion of revenue being spent on expenses. The consistent growth and accumulation of assets provide a stable foundation for future operations. However, the absence of reported officer compensation warrants a closer look to fully understand the organization's compensation structure.

Is South Shore Association For Independent Living Inc Legit?

Verdict: South Shore Association For Independent Living Inc appears trustworthy

Red Flags

Strengths