Consistent operating deficits (expenses exceeding revenue in 9 of 10 periods)
Liabilities consistently exceed assets (e.g., $937,885 liabilities vs. $545,293 assets in 2023)
Strengths
No executive compensation reported, indicating volunteer leadership and efficient use of funds
Consistent focus on its mission of elderly housing as implied by NTEE code and stable operations over many years
Spending Breakdown
How Wardwell Commons Elderly Housing Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Wardwell Commons Elderly Housing Inc
Is Wardwell Commons Elderly Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wardwell Commons Elderly Housing Inc (EIN: 10508663) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 2 strengths noted.
Is Wardwell Commons Elderly Housing Inc a good charity to donate to?
Wardwell Commons Elderly Housing Inc has a Mission Score of 75/100. Revenue: $127K. Assets: $520K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wardwell Commons Elderly Housing Inc?
The Employer Identification Number (EIN) for Wardwell Commons Elderly Housing Inc is 10508663. 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 Wardwell Commons Elderly Housing Inc spend its money?
Wardwell Commons Elderly Housing Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wardwell Commons Elderly Housing Inc's tax-exempt status?
You can verify Wardwell Commons Elderly Housing Inc's tax-exempt status using EIN 10508663 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
Wardwell Commons Elderly Housing Inc. appears to be a stable, albeit small, nonprofit focused on its program services. The organization consistently reports no officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds for its mission. However, the organization has consistently operated at a deficit in recent years, with expenses exceeding revenue in 9 out of the last 10 reported periods. For example, in 2023, expenses were $135,542 against revenues of $129,678, and in 2022, expenses were $129,520 against revenues of $102,225. This trend of spending more than it earns could be a concern for long-term financial sustainability, although its asset base of $545,293 in 2023 provides some buffer. The organization's liabilities have also consistently exceeded its assets, indicating a reliance on debt or other long-term obligations, which warrants closer examination. Despite these financial trends, the lack of executive compensation suggests a high degree of transparency and dedication to direct program support.