Is Village East Retirement Communityinc…

Quick charity verification for Village East Retirement Communityinc (EIN: 204339421)

Spending Breakdown

How Village East Retirement Communityinc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

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 Village East Retirement Communityinc

Is Village East Retirement Communityinc a legitimate charity?

Based on AI analysis of IRS 990 filings, Village East Retirement Communityinc (EIN: 204339421) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.

Is Village East Retirement Communityinc a good charity to donate to?

Village East Retirement Communityinc has a Mission Score of 45/100. Revenue: $983K. Assets: $8.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Village East Retirement Communityinc?

The Employer Identification Number (EIN) for Village East Retirement Communityinc is 204339421. 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 Village East Retirement Communityinc spend its money?

Village East Retirement Communityinc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Village East Retirement Communityinc's tax-exempt status?

You can verify Village East Retirement Communityinc's tax-exempt status using EIN 204339421 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

Village East Retirement Community Inc. exhibits a concerning financial trend, consistently operating at a deficit over the past decade. In the latest filing (202306), expenses of $1,411,034 significantly outstripped revenue of $833,015, resulting in a net loss of $578,019. This pattern of spending more than it earns is evident across all reported periods, indicating a fundamental imbalance in its financial model. The organization's assets have also been in a steady decline, from $11,334,574 in 201506 to $9,371,736 in 202306, while liabilities have remained high, consistently exceeding assets. This suggests a precarious financial position with long-term solvency issues.

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 expenditure levels relative to its revenue generation. The absence of reported officer compensation across all filings suggests either a volunteer-led executive team or that compensation is reported under other expense categories, which could impact transparency if not clearly disclosed elsewhere. The high liabilities relative to assets are a significant concern for financial health.

Transparency is moderately good in terms of filing history, with 13 filings available. However, the lack of specific expense category breakdowns in the provided data limits a deeper analysis of how funds are allocated. The consistent reporting of 0% officer compensation is a notable point, but without further context, it's difficult to determine if this reflects a truly volunteer executive structure or an alternative reporting method. Overall, the organization's financial health appears weak due to persistent deficits and declining assets.

Is Village East Retirement Communityinc Legit?

Verdict: Village East Retirement Communityinc shows mixed signals

Red Flags

Strengths