Quick charity verification for Southern Windsor County Incubator Inc (EIN: 202386108)
Verdict: Southern Windsor County Incubator Inc appears trustworthy
85/100Mission Score
$971KRevenue
$532KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong revenue growth, increasing from $194,207 in 2019 to $824,335 in 2023.
Consistent reporting of 0% officer compensation, indicating efficient use of funds.
Growing asset base, from $299,968 in 2019 to $331,699 in 2023, suggesting financial strengthening.
Positive net income in recent years (2021 and 2023), demonstrating financial sustainability.
Clear alignment between organization name, NTEE code (S41 - Business & Commerce, Community Development), and presumed mission.
Spending Breakdown
How Southern Windsor County Incubator Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Windsor County Incubator Inc
Is Southern Windsor County Incubator Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Southern Windsor County Incubator Inc (EIN: 202386108) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Southern Windsor County Incubator Inc a good charity to donate to?
Southern Windsor County Incubator Inc has a Mission Score of 85/100. Revenue: $971K. Assets: $532K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Southern Windsor County Incubator Inc?
The Employer Identification Number (EIN) for Southern Windsor County Incubator Inc is 202386108. 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 Windsor County Incubator Inc spend its money?
Southern Windsor County Incubator Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Southern Windsor County Incubator Inc's tax-exempt status?
You can verify Southern Windsor County Incubator Inc's tax-exempt status using EIN 202386108 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 Windsor County Incubator Inc demonstrates a fluctuating but generally improving financial trajectory. While revenue has seen significant growth from $194,207 in 2019 to $824,335 in 2023, expenses have also increased, though at a slower rate in recent years, leading to positive net income in 2021 and 2023. The organization's asset base has grown substantially, from $299,968 in 2019 to $331,699 in 2023, indicating a strengthening financial position. The consistent reporting of 0% officer compensation across all filings suggests a strong commitment to directing resources towards its mission, or that executive roles are volunteer-based or compensated through other means not classified as officer compensation on the 990-EZ. The organization's NTEE code S41 (Business & Commerce, Community Development) aligns with its name, suggesting a clear program focus.