Is Staying Put In New Canaan Inc Legit? —…

Quick charity verification for Staying Put In New Canaan Inc (EIN: 208465004)

Strengths

Consistent 0% officer compensation, indicating high efficiency and mission focus.
Steady growth in assets, from $974,745 in 2014 to $1,832,223 currently.
Low and stable liabilities over the past decade, demonstrating financial prudence.
Consistent revenue generation, with the latest reported revenue at $471,651.
Long history of IRS 990 filings (14 periods), indicating strong transparency and compliance.

Spending Breakdown

How Staying Put In New Canaan Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Staying Put In New Canaan Inc

Is Staying Put In New Canaan Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Staying Put In New Canaan Inc (EIN: 208465004) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Staying Put In New Canaan Inc a good charity to donate to?

Staying Put In New Canaan Inc has a Mission Score of 95/100. Revenue: $472K. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Staying Put In New Canaan Inc?

The Employer Identification Number (EIN) for Staying Put In New Canaan Inc is 208465004. 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 Staying Put In New Canaan Inc spend its money?

Staying Put In New Canaan Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Staying Put In New Canaan Inc's tax-exempt status?

You can verify Staying Put In New Canaan Inc's tax-exempt status using EIN 208465004 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

Staying Put In New Canaan Inc demonstrates consistent financial health and a strong commitment to its mission, as evidenced by its IRS 990 filings. The organization has shown steady revenue generation, with the latest reported revenue at $471,651 and assets growing to $1,832,223. Over the past decade, assets have more than doubled from $974,745 in 2014 to $1,832,223 currently, indicating sound financial management and growth. The organization consistently reports 0% officer compensation, which is a significant indicator of its dedication to directing funds towards its programs rather than executive salaries.

Spending efficiency appears high, given the absence of officer compensation and the likely allocation of expenses primarily to program services. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the lack of executive pay suggests a lean operational structure. The organization's liabilities have remained relatively low and stable over the years, further reinforcing its financial stability.

In terms of transparency, the consistent filing of IRS 990 forms for 14 periods is a positive sign, indicating adherence to regulatory requirements. The absence of officer compensation is a key transparency point, showing that the organization is not using donor funds for high executive salaries. Overall, Staying Put In New Canaan Inc appears to be a financially sound and efficiently run nonprofit, focused on its mission.

Is Staying Put In New Canaan Inc Legit?

Verdict: Staying Put In New Canaan Inc appears trustworthy