Is Suffolk Cares Charitable Foundation Inc…

Quick charity verification for Suffolk Cares Charitable Foundation Inc (EIN: 205409073)

Strengths

Consistent reporting of 0% officer compensation, indicating a strong commitment to program spending and low overhead.
Expenses generally align closely with revenue, demonstrating operational efficiency.
Long history of IRS 990 filings (10 filings), indicating transparency and compliance.
Strong program focus due to minimal reported executive compensation.
Ability to manage significant revenue fluctuations while maintaining operations.

Spending Breakdown

How Suffolk Cares Charitable Foundation 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 Suffolk Cares Charitable Foundation Inc

Is Suffolk Cares Charitable Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Suffolk Cares Charitable Foundation Inc (EIN: 205409073) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.

Is Suffolk Cares Charitable Foundation Inc a good charity to donate to?

Suffolk Cares Charitable Foundation Inc has a Mission Score of 92/100. Revenue: $2.6M. Assets: $3.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Suffolk Cares Charitable Foundation Inc?

The Employer Identification Number (EIN) for Suffolk Cares Charitable Foundation Inc is 205409073. 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 Suffolk Cares Charitable Foundation Inc spend its money?

Suffolk Cares Charitable Foundation Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Suffolk Cares Charitable Foundation Inc's tax-exempt status?

You can verify Suffolk Cares Charitable Foundation Inc's tax-exempt status using EIN 205409073 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

Suffolk Cares Charitable Foundation Inc. demonstrates a consistent commitment to its mission, with program spending typically accounting for a significant portion of its total expenses. For instance, in the 202308 period, the organization reported expenses of $3,979,276 against revenues of $4,044,732, indicating efficient use of funds. The organization's financial health shows some volatility in revenue over the past decade, with a peak of $13,674,998 in 201508 and more recent revenues around $2-4 million. Despite this, it generally operates with expenses closely aligned to its revenue, suggesting a lean operational model. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a focus on directing funds towards charitable activities rather than executive salaries.

The organization's asset base has fluctuated, reaching a high of $6,696,317 in 201508 and currently standing at $3,279,591 as of 202308. Liabilities have also been substantial, sometimes exceeding assets, as seen in 202308 where liabilities were $3,396,646 against assets of $3,279,591. This indicates a reliance on current funding for operations rather than building significant reserves. However, the consistent filing of IRS Form 990s over a decade demonstrates a commitment to regulatory compliance and public transparency regarding its financial activities.

Overall, Suffolk Cares appears to be a financially responsible organization, prioritizing program delivery and maintaining low administrative overhead, particularly with no reported officer compensation. While its financial scale has varied, its operational efficiency and transparency in reporting are commendable, especially in its consistent allocation of resources.

Is Suffolk Cares Charitable Foundation Inc Legit?

Verdict: Suffolk Cares Charitable Foundation Inc appears trustworthy

Red Flags