Quick charity verification for Ssafe Inc (EIN: 208422410)
Verdict: Ssafe Inc shows mixed signals
65/100Mission Score
$200KRevenue
$325KAssets
3Red Flags
2Strengths
Red Flags
Consistent operating deficits (e.g., $243,943 expenses vs. $165,000 revenue in 2023)
Declining asset base over time (from $523,741 in 2014 to $323,525 in 2023)
Liabilities have fluctuated significantly, reaching $65,882 in 2023, indicating potential financial strain.
Strengths
No reported officer compensation, indicating high efficiency in executive overhead.
Maintains a substantial asset base relative to its revenue, providing some financial cushion despite deficits.
Spending Breakdown
How Ssafe Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Ssafe Inc
Is Ssafe Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ssafe Inc (EIN: 208422410) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Ssafe Inc a good charity to donate to?
Ssafe Inc has a Mission Score of 65/100. Revenue: $200K. Assets: $325K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ssafe Inc?
The Employer Identification Number (EIN) for Ssafe Inc is 208422410. 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 Ssafe Inc spend its money?
Ssafe Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ssafe Inc's tax-exempt status?
You can verify Ssafe Inc's tax-exempt status using EIN 208422410 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
Ssafe Inc. demonstrates a concerning trend of operating deficits in recent years, with expenses consistently exceeding revenue. For example, in 2023, expenses were $243,943 against revenues of $165,000, and in 2022, expenses were $237,337 against $165,000 in revenue. This pattern suggests potential long-term financial instability if not addressed. While the organization has maintained significant assets, peaking at $523,741 in 2014, these have steadily declined to $323,525 by 2023, indicating that deficits may be covered by drawing down reserves. The lack of reported officer compensation across all filings is a positive indicator of resource allocation towards the mission rather than executive salaries, contributing to transparency and efficiency in that regard. However, the consistent operational losses are a significant area of concern for financial health.