Is Suncoast Partnership To End Homelessness Inc Legit?
Quick charity verification for Suncoast Partnership To End Homelessness Inc (EIN: 202783762)
Verdict: Suncoast Partnership To End Homelessness Inc appears trustworthy
85/100Mission Score
$2.0MRevenue
$1.1MAssets
2Red Flags
3Strengths
Red Flags
Operating deficit in the most recent fiscal period (202309) where expenses ($2,996,149) exceeded revenue ($2,826,997).
Increasing liabilities relative to assets, with liabilities reaching $415,398 against assets of $909,401 in 202309.
Strengths
Consistent reporting of 0% officer compensation across all 13 filings, indicating strong resource allocation to programs.
Significant growth in revenue and program scale over the past decade, from $439,685 in 201409 to $2,826,997 in 202309.
Strong program focus, with expenses closely tracking revenues over most periods, suggesting efficient deployment of funds for its mission.
Spending Breakdown
How Suncoast Partnership To End Homelessness Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Suncoast Partnership To End Homelessness Inc
Is Suncoast Partnership To End Homelessness Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Suncoast Partnership To End Homelessness Inc (EIN: 202783762) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Suncoast Partnership To End Homelessness Inc a good charity to donate to?
Suncoast Partnership To End Homelessness Inc has a Mission Score of 85/100. Revenue: $2.0M. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Suncoast Partnership To End Homelessness Inc?
The Employer Identification Number (EIN) for Suncoast Partnership To End Homelessness Inc is 202783762. 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 Suncoast Partnership To End Homelessness Inc spend its money?
Suncoast Partnership To End Homelessness Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Suncoast Partnership To End Homelessness Inc's tax-exempt status?
You can verify Suncoast Partnership To End Homelessness Inc's tax-exempt status using EIN 202783762 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
Suncoast Partnership To End Homelessness Inc demonstrates consistent financial activity, with revenues and expenses generally increasing over the past decade, indicating growth in its operations. For the most recent period (202309), the organization reported revenues of $2,826,997 against expenses of $2,996,149, resulting in a deficit for the year. This follows a surplus in the prior period (202209) where revenue exceeded expenses by approximately $280,000. The organization's assets have fluctuated, reaching a high of $1,103,339 in 202209 before decreasing to $909,401 in 202309, while liabilities have also seen an increase, suggesting a need for careful management of its financial position.
The organization's spending efficiency appears to be reasonable, with expenses closely tracking revenues over most periods, indicating that funds are being deployed to support its mission. The consistent reporting of 0% officer compensation across all available filings is a significant positive indicator of financial transparency and a commitment to directing resources towards programs rather than executive salaries. This practice enhances public trust and suggests a strong focus on mission-driven spending.
Overall, while the recent deficit warrants attention, the long-term trend of growth, coupled with zero reported officer compensation, paints a picture of an organization that is generally well-managed and transparent in its financial practices. The NTEE code P80 (Housing, Shelter) aligns with its mission to end homelessness, and the financial data suggests active engagement in this area.