Is The Viscardi Center Inc Legit?

Strengths

Consistent reporting of 0% officer compensation across all filings, indicating strong financial stewardship.
Maintains a robust and stable asset base, consistently above $32 million, providing financial security.
Long and consistent history of IRS 990 filings (13 filings), demonstrating transparency and accountability.
Healthy asset-to-liability ratio, with assets significantly exceeding liabilities (e.g., $36,949,742 assets vs. $5,545,832 liabilities in 2023).

Spending Breakdown

How The Viscardi Center Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Viscardi Center Inc

Is The Viscardi Center Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, The Viscardi Center Inc (EIN: 111814883) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

Is The Viscardi Center Inc a good charity to donate to?

The Viscardi Center Inc has a Mission Score of 90/100. Revenue: $15.4M. Assets: $35.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Viscardi Center Inc?

The Employer Identification Number (EIN) for The Viscardi Center Inc is 111814883. 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 Viscardi Center Inc spend its money?

The Viscardi Center Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Viscardi Center Inc's tax-exempt status?

You can verify The Viscardi Center Inc's tax-exempt status using EIN 111814883 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 Viscardi Center Inc demonstrates a generally stable financial position with assets consistently in the range of $32M-$40M over the past decade, currently at $35,390,499. While revenue and expenses have fluctuated, the organization has maintained a healthy asset base. For instance, in 2023, expenses ($5,357,428) slightly exceeded revenue ($4,754,842), leading to a minor deficit, but this is not uncommon for nonprofits and is offset by substantial assets. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of financial stewardship and transparency.

The organization's spending efficiency, while not explicitly detailed in terms of program vs. administrative costs in the provided data, can be inferred as reasonable given the consistent asset levels and the absence of officer compensation. The fluctuations in revenue and expenses, such as the peak revenue of $8,567,805 in 2015 and a low of $3,585,153 in 2014, indicate varying operational scales but without jeopardizing the overall financial stability. The organization's transparency is high, evidenced by the readily available and consistent filing history, including detailed asset and liability figures.

Overall, The Viscardi Center appears to be a financially sound organization with a strong balance sheet and a commendable approach to executive compensation. While a detailed breakdown of program spending would further enhance the analysis of efficiency, the available data points to a well-managed nonprofit focused on its mission.

Verdict: The Viscardi Center Inc appears trustworthy

Red Flags