Is The Silvercrest Center For Nursing And Rehabilitation Legit?
Quick charity verification for The Silvercrest Center For Nursing And Rehabilitation (EIN: 112925535)
Verdict: The Silvercrest Center For Nursing And Rehabilitation shows mixed signals
55/100Mission Score
$66.4MRevenue
$36.7MAssets
4Red Flags
3Strengths
Red Flags
Consistent operational deficits (e.g., $7.2M in 2023, $4.8M in 2022)
Liabilities significantly exceed assets ($60.5M liabilities vs. $31.9M assets in 2023)
Unusually high and consistent reporting of 0% officer compensation for an organization of this size
Increasing trend in liabilities over the past several years
Strengths
Long history of IRS 990 filings (13 filings available), indicating consistent reporting
Stable asset base over the past decade (generally between $30M-$38M)
Provides essential nursing and rehabilitation services (NTEE E910)
Spending Breakdown
How The Silvercrest Center For Nursing And Rehabilitation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 The Silvercrest Center For Nursing And Rehabilitation
Is The Silvercrest Center For Nursing And Rehabilitation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Silvercrest Center For Nursing And Rehabilitation (EIN: 112925535) shows mixed signals. Mission Score: 55/100. 4 red flags identified, 3 strengths noted.
Is The Silvercrest Center For Nursing And Rehabilitation a good charity to donate to?
The Silvercrest Center For Nursing And Rehabilitation has a Mission Score of 55/100. Revenue: $66.4M. Assets: $36.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Silvercrest Center For Nursing And Rehabilitation?
The Employer Identification Number (EIN) for The Silvercrest Center For Nursing And Rehabilitation is 112925535. 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 The Silvercrest Center For Nursing And Rehabilitation spend its money?
The Silvercrest Center For Nursing And Rehabilitation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Silvercrest Center For Nursing And Rehabilitation's tax-exempt status?
You can verify The Silvercrest Center For Nursing And Rehabilitation's tax-exempt status using EIN 112925535 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
The Silvercrest Center For Nursing And Rehabilitation demonstrates consistent operational deficits over the past several years, with expenses frequently exceeding revenue. For instance, in 2023, expenses were $69,759,013 against revenues of $62,553,128, resulting in a significant deficit. This trend is visible in most recent filings, indicating a potential reliance on reserves or other funding sources to cover operational costs. The organization's assets have remained relatively stable, around $30-38 million, but liabilities have shown an increasing trend, reaching $60,576,860 in 2023, which now significantly exceeds its assets. This suggests a concerning financial position with high debt relative to its holdings.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent operational losses raise questions about the sustainability of its current spending model. The NTEE code E910 indicates a focus on nursing and rehabilitative care, which typically involves high program costs. The absence of reported officer compensation across all filings suggests either a volunteer leadership structure or that compensation is reported under other expense categories, which could impact transparency if not clearly disclosed elsewhere.
From a transparency perspective, the consistent reporting of zero officer compensation across all available filings is notable. While this could indicate a volunteer board, it's unusual for an organization of this size and revenue to have no compensated executives, which warrants further investigation for complete transparency. The availability of 13 years of filings is a positive sign of consistent reporting, but the increasing liabilities and persistent deficits are key areas for stakeholders to monitor.