Latest filing shows $0 revenue and assets, indicating a potential cessation of operations or significant change.
Consistent operation with very thin margins or deficits (e.g., 2017: $4,652,655 revenue vs. $4,900,740 expenses).
No reported officer compensation despite multi-million dollar operations, potentially obscuring true administrative costs.
Strengths
Consistent revenue generation exceeding $4 million annually for several years (2011-2017).
Steady growth in assets from $2.1 million in 2011 to $3 million in 2017.
Appears to maintain operational stability over a long period, despite thin margins.
Spending Breakdown
How Spaulding Pray Residence Corp allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Spaulding Pray Residence Corp
Is Spaulding Pray Residence Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Spaulding Pray Residence Corp (EIN: 161196869) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Spaulding Pray Residence Corp a good charity to donate to?
Spaulding Pray Residence Corp has a Mission Score of 70/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Spaulding Pray Residence Corp?
The Employer Identification Number (EIN) for Spaulding Pray Residence Corp is 161196869. 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 Spaulding Pray Residence Corp spend its money?
Spaulding Pray Residence Corp allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Spaulding Pray Residence Corp's tax-exempt status?
You can verify Spaulding Pray Residence Corp's tax-exempt status using EIN 161196869 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
Spaulding Pray Residence Corp has consistently operated with a slight deficit or very thin surplus over the past several years, as evidenced by their 2017 revenue of $4,652,655 against expenses of $4,900,740, resulting in a deficit. While their assets have grown from $2,144,875 in 2011 to $3,050,146 in 2017, this growth is accompanied by an increase in liabilities, which more than doubled from $746,551 in 2011 to $1,434,315 in 2017. The organization's financial health appears stable but without significant reserves, operating close to its break-even point. The lack of reported officer compensation across all filings suggests either a volunteer-led executive team or compensation is reported under other expense categories, which could impact transparency regarding leadership costs. The latest filing shows $0 revenue and assets, which is a significant change from previous years and warrants further investigation to understand the current operational status.