Is Wayne Senior Citizens Runnymede Corporation Legit?
Quick charity verification for Wayne Senior Citizens Runnymede Corporation (EIN: 221981535)
Verdict: Wayne Senior Citizens Runnymede Corporation has notable concerns
20/100Mission Score
$206KRevenue
$6.3MAssets
4Red Flags
2Strengths
Red Flags
Program expenses are consistently reported as $0 or extremely low (e.g., $0 in 2019, $0 in 2018, $0 in 2017, $0 in 2016, $0 in 2015, $0 in 2014, $0 in 2013, $0 in 2012), despite significant assets and revenue in some years.
Revenue has significantly declined from a peak of $4,835,033 in 2015 to $205,850 in 2019.
The organization holds substantial assets ($6,284,393 in 2019) with minimal reported program activity.
The nature of the organization's activities, given its name and financial reporting, is unclear without further detail on how its mission is being fulfilled with such low program spending.
Strengths
The organization maintains a strong asset base, with $6,284,393 in assets as of 2019.
Low reported liabilities ($0 in 2019, $18,635 in 2018, $19,991 in 2017, $19,991 in 2016) suggest financial stability in terms of debt.
Spending Breakdown
How Wayne Senior Citizens Runnymede Corporation allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
100%
Admin Costs
High — over 25% on administration
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 Wayne Senior Citizens Runnymede Corporation
Is Wayne Senior Citizens Runnymede Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Wayne Senior Citizens Runnymede Corporation (EIN: 221981535) has notable concerns. Mission Score: 20/100. 4 red flags identified, 2 strengths noted.
Is Wayne Senior Citizens Runnymede Corporation a good charity to donate to?
Wayne Senior Citizens Runnymede Corporation has a Mission Score of 20/100. Revenue: $206K. Assets: $6.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wayne Senior Citizens Runnymede Corporation?
The Employer Identification Number (EIN) for Wayne Senior Citizens Runnymede Corporation is 221981535. 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 Wayne Senior Citizens Runnymede Corporation spend its money?
Wayne Senior Citizens Runnymede Corporation allocates 0% to programs, 100% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wayne Senior Citizens Runnymede Corporation's tax-exempt status?
You can verify Wayne Senior Citizens Runnymede Corporation's tax-exempt status using EIN 221981535 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
Wayne Senior Citizens Runnymede Corporation is a unknown nonprofit based in Wayne, New Jersey, with reported revenue of $206K and assets of $6.3M. Our AI analysis assigns a Mission Score of 20/100 (Poor). Executive compensation is consistently reported as $0 across all available filings, which may indicate volunteer leadership or compensation being reported under other expense categories. Revenue has declined -90% across 9 filing periods.