Consistent asset growth, increasing from $20,862,996 in 2014 to $37,486,809 in 2023.
Zero officer compensation reported across all available filings, indicating strong financial stewardship.
Positive net income in most years, demonstrating financial stability (e.g., $4,744,418 revenue vs. $4,218,720 expenses in 2023).
Low liabilities relative to assets, with liabilities at $10,835,663 against assets of $37,486,809 in 2023.
Spending Breakdown
How Southern Oregon Insurance Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Southern Oregon Insurance Inc
Is Southern Oregon Insurance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Southern Oregon Insurance Inc (EIN: 201578637) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
Is Southern Oregon Insurance Inc a good charity to donate to?
Southern Oregon Insurance Inc has a Mission Score of 95/100. Revenue: $30.7M. Assets: $43.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Southern Oregon Insurance Inc?
The Employer Identification Number (EIN) for Southern Oregon Insurance Inc is 201578637. 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 Southern Oregon Insurance Inc spend its money?
Southern Oregon Insurance Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Southern Oregon Insurance Inc's tax-exempt status?
You can verify Southern Oregon Insurance Inc's tax-exempt status using EIN 201578637 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
Southern Oregon Insurance Inc. demonstrates consistent financial growth, with assets increasing from $20,862,996 in 2014 to $37,486,809 in 2023. The organization consistently reports zero officer compensation, which is a significant indicator of strong financial stewardship and a focus on mission over executive pay. While specific program spending details are not provided in the summary data, the consistent positive net income (revenue exceeding expenses in most years, e.g., $4,744,418 revenue vs. $4,218,720 expenses in 2023) suggests efficient operations. The organization's NTEE code Y20 (Insurance Providers) indicates its primary activity, and the lack of officer compensation enhances its transparency profile.