Quick charity verification for Support Our Seminarians Inc (EIN: 203724302)
Verdict: Support Our Seminarians Inc appears trustworthy
85/100Mission Score
$14KRevenue
$10KAssets
1Red Flags
5Strengths
Red Flags
Highly fluctuating annual revenue, making long-term financial planning potentially challenging.
Strengths
Consistent reporting of $0 liabilities, indicating strong financial health and no debt.
0% officer compensation across all filings, demonstrating high efficiency and dedication to mission.
Consistent IRS 990 filing history (13 filings), indicating strong transparency and compliance.
Assets consistently exceed liabilities, showing a positive net financial position.
Prudent expense management, often keeping expenses well below revenue in profitable years.
Spending Breakdown
How Support Our Seminarians Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
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 Support Our Seminarians Inc
Is Support Our Seminarians Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Support Our Seminarians Inc (EIN: 203724302) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Support Our Seminarians Inc a good charity to donate to?
Support Our Seminarians Inc has a Mission Score of 85/100. Revenue: $14K. Assets: $10K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Support Our Seminarians Inc?
The Employer Identification Number (EIN) for Support Our Seminarians Inc is 203724302. 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 Support Our Seminarians Inc spend its money?
Support Our Seminarians Inc allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Support Our Seminarians Inc's tax-exempt status?
You can verify Support Our Seminarians Inc's tax-exempt status using EIN 203724302 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
Support Our Seminarians Inc. demonstrates a generally healthy financial position for its size, with assets of $10,309 exceeding liabilities, which have consistently been reported as $0 across all available filings. The organization's revenue fluctuates significantly year-to-year, ranging from $0 in 2022 and 2021 to $10,025 in 2023. Despite these fluctuations, the organization has managed its expenses, often keeping them below revenue in recent profitable years, such as 2023 where revenue was $10,025 and expenses were $3,966. This indicates a cautious approach to spending relative to income.
Spending efficiency appears to be a strong point, particularly given the consistent reporting of 0% officer compensation, suggesting that all funds are directed towards the organization's mission and operational costs rather than executive salaries. While a detailed breakdown of program vs. administrative spending isn't explicitly provided in the summary data, the absence of officer compensation is a positive indicator of resource allocation. The organization's small scale means that even minor expenses can represent a significant portion of its budget, but the overall trend shows responsible financial management.
Transparency is high, as evidenced by 13 years of consistent IRS 990 filings, which is commendable for an organization of this size. The consistent reporting of $0 liabilities further enhances trust, indicating no outstanding debts. The lack of officer compensation also contributes to a perception of transparency and dedication to the cause, as it suggests a volunteer-driven or very lean operational model at the leadership level.