Quick charity verification for The Webster Apartments (EIN: 135563411)
Verdict: The Webster Apartments appears trustworthy
92/100Mission Score
$2.0MRevenue
$55.0MAssets
2Red Flags
4Strengths
Red Flags
Unexplained massive revenue spike in 202309 without proportional expense increase, warranting further scrutiny.
Consistent 0% officer compensation for an organization of this size and asset base is highly unusual and may indicate alternative compensation structures or reporting methods not immediately apparent.
Strengths
Strong financial health with substantial assets ($57,403,004 in 202309).
Excellent spending efficiency, with expenses consistently well-covered by revenue.
Zero reported officer compensation across all filings, indicating a strong commitment to directing funds to the mission.
Consistent history of IRS 990 filings, demonstrating transparency.
Spending Breakdown
How The Webster Apartments allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Webster Apartments
Is The Webster Apartments a legitimate charity?
Based on AI analysis of IRS 990 filings, The Webster Apartments (EIN: 135563411) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 4 strengths noted.
Is The Webster Apartments a good charity to donate to?
The Webster Apartments has a Mission Score of 92/100. Revenue: $2.0M. Assets: $55.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Webster Apartments?
The Employer Identification Number (EIN) for The Webster Apartments is 135563411. 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 Webster Apartments spend its money?
The Webster Apartments allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Webster Apartments's tax-exempt status?
You can verify The Webster Apartments's tax-exempt status using EIN 135563411 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 Webster Apartments demonstrates a strong financial position, particularly highlighted by its substantial asset base of $57,403,004 in the 202309 period, significantly higher than previous years. The organization's revenue has shown considerable fluctuation, with a remarkable spike to $46,006,451 in 202309, which warrants further investigation to understand its source and sustainability. Despite this, expenses have remained relatively stable, indicating efficient management of operational costs.
Spending efficiency appears robust, with a consistent trend of expenses being well-covered by revenue in most periods, especially in 202309 where revenue far outstripped expenses ($46,006,451 vs. $4,731,561). The consistent reporting of 0% officer compensation across all available filings suggests a commitment to directing resources towards its mission rather than executive salaries, which is a positive indicator of financial stewardship. The organization's transparency is commendable given the detailed filing history and the clear reporting of financial metrics.
However, the dramatic increase in revenue in 202309, coupled with a relatively small increase in assets compared to the revenue jump, suggests a significant one-time event or a change in financial reporting that would benefit from further clarification for complete transparency. Overall, The Webster Apartments appears to be a financially healthy organization with a strong focus on its mission, supported by efficient spending and transparent reporting of executive compensation.