Quick charity verification for Summitwest Care (EIN: 20565600)
Verdict: Summitwest Care appears trustworthy
92/100Mission Score
$7.2MRevenue
$5.0MAssets
1Red Flags
5Strengths
Red Flags
No specific red flags identified based on the provided financial data.
Strengths
Consistent 0% officer compensation, indicating high efficiency and mission focus.
Healthy growth in assets, from $1.7M in 2014 to $4.9M in 2023, demonstrating financial stability.
Stable revenue base, consistently in the $6-8 million range over the last five years.
Manageable liabilities relative to assets, indicating good financial control.
Generally balanced budget with minor fluctuations, showing responsible financial management.
AI Transparency Report
Summitwest Care demonstrates consistent financial activity, with revenues and expenses generally in the $6-8 million range over the past five years. The organization has maintained a healthy asset base, growing from $2.7 million in 2019 to nearly $5 million in 2023, indicating sound financial management and accumulation of resources. While the latest filing (2023) shows expenses slightly exceeding revenue by $64,207, this is a minor deficit in the context of a $7.4 million budget and is not indicative of systemic financial distress, especially given prior years' surpluses. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a significant positive for transparency and public trust. The organization's liabilities have remained manageable relative to its assets, further reinforcing its financial stability.