Is Toomey Residential And Community Services Corp Legit?
Quick charity verification for Toomey Residential And Community Services Corp (EIN: 161363414)
Verdict: Toomey Residential And Community Services Corp appears trustworthy
92/100Mission Score
$12.1MRevenue
$7.9MAssets
1Red Flags
4Strengths
Red Flags
Unusually low or zero reported officer compensation, which might indicate compensation is reported under other categories or a highly unusual volunteer executive structure for an organization of this size.
Steady growth in assets over time, from $5,483,456 in 201706 to $8,224,760 in 202406.
Zero reported officer compensation across all filings, suggesting a strong focus on mission-related spending.
Long history of IRS 990 filings (14 filings), demonstrating consistent transparency and compliance.
Spending Breakdown
How Toomey Residential And Community Services Corp 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 Toomey Residential And Community Services Corp
Is Toomey Residential And Community Services Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Toomey Residential And Community Services Corp (EIN: 161363414) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Toomey Residential And Community Services Corp a good charity to donate to?
Toomey Residential And Community Services Corp has a Mission Score of 92/100. Revenue: $12.1M. Assets: $7.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Toomey Residential And Community Services Corp?
The Employer Identification Number (EIN) for Toomey Residential And Community Services Corp is 161363414. 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 Toomey Residential And Community Services Corp spend its money?
Toomey Residential And Community Services Corp allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Toomey Residential And Community Services Corp's tax-exempt status?
You can verify Toomey Residential And Community Services Corp's tax-exempt status using EIN 161363414 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
Toomey Residential And Community Services Corp demonstrates consistent financial stability with revenues generally exceeding expenses over the past several years. For instance, in the 202406 period, the organization reported revenues of $11,667,919 against expenses of $11,590,486, indicating a slight surplus. This trend of managing expenses within revenue limits is a positive indicator of financial health. The organization's assets have also shown a steady increase, reaching $8,224,760 in 202406, suggesting prudent financial management and growth.
Regarding spending efficiency, the absence of reported officer compensation across all available filings is a significant positive for a nonprofit of this size, indicating that resources are likely being directed towards programmatic activities rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't directly provided in the summary data, the consistent operational surpluses suggest efficient use of funds. The organization's NTEE code P730 (Residential Care & Adult Day Programs) aligns with its name, implying a clear programmatic focus.
Transparency appears to be strong given the consistent filing of IRS Form 990s over 14 periods. The consistent reporting of zero officer compensation is a notable point of transparency, indicating that the organization is not allocating funds to highly compensated executives. This commitment to regular financial disclosure and the apparent lack of high executive pay contribute to a positive assessment of their transparency practices.