Reported 0% officer compensation across all filings, suggesting high dedication of resources to mission.
Consistent positive net income or near break-even operations, indicating sustainable financial practices.
Spending Breakdown
How Southwest Harbor Tremont Nursing Service Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Southwest Harbor Tremont Nursing Service Inc
Is Southwest Harbor Tremont Nursing Service Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Southwest Harbor Tremont Nursing Service Inc (EIN: 10271579) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Southwest Harbor Tremont Nursing Service Inc a good charity to donate to?
Southwest Harbor Tremont Nursing Service Inc has a Mission Score of 92/100. Revenue: $1.5M. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Southwest Harbor Tremont Nursing Service Inc?
The Employer Identification Number (EIN) for Southwest Harbor Tremont Nursing Service Inc is 10271579. 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 Southwest Harbor Tremont Nursing Service Inc spend its money?
Southwest Harbor Tremont Nursing Service Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Southwest Harbor Tremont Nursing Service Inc's tax-exempt status?
You can verify Southwest Harbor Tremont Nursing Service Inc's tax-exempt status using EIN 10271579 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
Southwest Harbor Tremont Nursing Service Inc demonstrates consistent financial stability and a strong commitment to its program services. Over the past five years, the organization has shown steady revenue growth, increasing from $296,051 in 2019 to $528,824 in 2023. This growth has been accompanied by prudent expense management, with expenses generally tracking revenue, indicating sustainable operations. For instance, in 2023, revenue was $528,824 against expenses of $521,819, resulting in a modest surplus.
The organization's asset base has remained robust, consistently exceeding $1 million in recent years, reaching $1,193,028 in 2023, while liabilities have remained very low, indicating a healthy balance sheet and strong financial reserves. A key strength is the reported 0% officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive indicator of resource allocation directly to mission. The lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging, but the overall financial trends are positive.