Quick charity verification for Sunset Home Of Waterville (EIN: 10219135)
Verdict: Sunset Home Of Waterville appears trustworthy
85/100Mission Score
$1.7MRevenue
$4.6MAssets
1Red Flags
4Strengths
Red Flags
Consistent reporting of 0% officer compensation, which is highly unusual for an organization with over $1 million in annual revenue and could indicate a lack of transparency in how leadership is truly compensated or an unsustainable reliance on unpaid labor.
Strengths
Strong asset base, growing from $3.17 million in 2011 to $4.36 million in 2023, indicating financial stability.
Extremely low or zero reported liabilities across recent filings, demonstrating a healthy balance sheet and minimal debt.
Consistent filing of IRS Form 990s over a long period (10 filings), indicating good transparency practices.
Consistent revenue generation over $1 million annually, showing a stable operational scale.
Spending Breakdown
How Sunset Home Of Waterville allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Sunset Home Of Waterville
Is Sunset Home Of Waterville a legitimate charity?
Based on AI analysis of IRS 990 filings, Sunset Home Of Waterville (EIN: 10219135) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Sunset Home Of Waterville a good charity to donate to?
Sunset Home Of Waterville has a Mission Score of 85/100. Revenue: $1.7M. Assets: $4.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sunset Home Of Waterville?
The Employer Identification Number (EIN) for Sunset Home Of Waterville is 10219135. 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 Sunset Home Of Waterville spend its money?
Sunset Home Of Waterville allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sunset Home Of Waterville's tax-exempt status?
You can verify Sunset Home Of Waterville's tax-exempt status using EIN 10219135 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
Sunset Home Of Waterville demonstrates consistent financial operations, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2023, expenses of $1,173,069 slightly outpaced revenue of $1,061,156, indicating a minor deficit for that period. However, the organization maintains a healthy asset base, with assets growing from $3,176,171 in 2011 to $4,368,270 in 2023, suggesting long-term financial stability. The organization's liabilities have consistently been reported as very low or zero in recent years, indicating a strong balance sheet and minimal debt burden.
Regarding spending efficiency, the absence of reported officer compensation across all available filings suggests a highly volunteer-driven or modestly compensated leadership structure, which can contribute to lower administrative overhead. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the lack of officer compensation is a positive indicator for resource allocation. The organization's consistent operation and asset growth, despite fluctuating annual surpluses/deficits, point to a well-managed entity focused on its mission.
Transparency appears strong given the consistent filing of IRS Form 990s over a long period. The consistent reporting of zero officer compensation is a notable point for transparency, as it clearly indicates how leadership is compensated (or not). Further analysis would require access to the full 990 forms to ascertain specific program spending ratios and detailed administrative costs, but the available data suggests a financially prudent and transparent operation.