Is Tenth Memorial Nonprofit Development Corporation Legit?
Quick charity verification for Tenth Memorial Nonprofit Development Corporation (EIN: 222538855)
Verdict: Tenth Memorial Nonprofit Development Corporation shows mixed signals
65/100Mission Score
$1.1MRevenue
$1.5MAssets
3Red Flags
3Strengths
Red Flags
Total assets have consistently declined from $2,133,165 in 2016 to $1,458,015 in 2023, indicating potential long-term financial instability.
The organization consistently spends a significant portion of its budget on administrative and fundraising activities, with combined expenses often exceeding 30% of total expenses.
Liabilities have remained high and relatively stable over the years, suggesting ongoing financial obligations that are not being significantly reduced.
Strengths
Consistent revenue generation over the past several years, with 2023 revenue at $1,074,370.
The organization has maintained a positive net income in most recent years, indicating operational solvency.
Long operational history (implied by data going back to 2016) suggests established community presence.
Spending Breakdown
How Tenth Memorial Nonprofit Development Corporation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
15%
Admin Costs
Reasonable — admin costs in check
15%
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 Tenth Memorial Nonprofit Development Corporation
Is Tenth Memorial Nonprofit Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Tenth Memorial Nonprofit Development Corporation (EIN: 222538855) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Tenth Memorial Nonprofit Development Corporation a good charity to donate to?
Tenth Memorial Nonprofit Development Corporation has a Mission Score of 65/100. Revenue: $1.1M. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tenth Memorial Nonprofit Development Corporation?
The Employer Identification Number (EIN) for Tenth Memorial Nonprofit Development Corporation is 222538855. 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 Tenth Memorial Nonprofit Development Corporation spend its money?
Tenth Memorial Nonprofit Development Corporation allocates 70% to programs, 15% to administration, and 15% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tenth Memorial Nonprofit Development Corporation's tax-exempt status?
You can verify Tenth Memorial Nonprofit Development Corporation's tax-exempt status using EIN 222538855 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
Tenth Memorial Nonprofit Development Corporation is a housing & shelter nonprofit based in Philadelphia, Pennsylvania, with reported revenue of $1.1M and assets of $1.5M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. Executive compensation for the highest paid individual in 2023 was not explicitly detailed in the provided data, preventing a specific assessment of its reasonableness against the organization's revenue of $1,074,370. Revenue has grown +12% across 13 filing periods.