Is Wentworth Coolidge Mansion Association…

Quick charity verification for Wentworth Coolidge Mansion Association Inc (EIN: 20362570)

Red Flags

Consistent operating deficits in multiple years (e.g., 2022, 2021, 2020, 2019, 2018, 2017) where expenses exceeded revenue.
Significant decline in total assets over the past decade, from $155,222 in 2016 to $89,675 in 2023, indicating asset depletion.
Highly volatile and generally declining revenue stream, making financial forecasting and stability difficult.
Latest revenue of $17,744 is relatively low for an organization managing a historic property, potentially limiting program scope.

Spending Breakdown

How Wentworth Coolidge Mansion Association Inc 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 Wentworth Coolidge Mansion Association Inc

Is Wentworth Coolidge Mansion Association Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Wentworth Coolidge Mansion Association Inc (EIN: 20362570) shows mixed signals. Mission Score: 60/100. 4 red flags identified, 4 strengths noted.

Is Wentworth Coolidge Mansion Association Inc a good charity to donate to?

Wentworth Coolidge Mansion Association Inc has a Mission Score of 60/100. Revenue: $18K. Assets: $295K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Wentworth Coolidge Mansion Association Inc?

The Employer Identification Number (EIN) for Wentworth Coolidge Mansion Association Inc is 20362570. 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 Wentworth Coolidge Mansion Association Inc spend its money?

Wentworth Coolidge Mansion Association Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Wentworth Coolidge Mansion Association Inc's tax-exempt status?

You can verify Wentworth Coolidge Mansion Association Inc's tax-exempt status using EIN 20362570 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 Wentworth Coolidge Mansion Association Inc. exhibits a concerning trend of declining revenue and consistent operating deficits over the past several years, indicating potential long-term financial instability. While the organization reported a positive net income in 2023 ($12,293 revenue vs. $8,699 expenses), this follows several years of expenses significantly exceeding revenue, such as in 2022 ($3,644 revenue vs. $9,221 expenses) and 2020 ($834 revenue vs. $18,117 expenses). The organization's assets have also shown a general downward trend, from $155,222 in 2016 to $89,675 in 2023, suggesting a reliance on drawing down reserves to cover operational costs. The absence of reported liabilities across all filings is a positive indicator of fiscal prudence regarding debt, and the consistent reporting of 0% officer compensation suggests a volunteer-driven leadership model, which is a strength for a small nonprofit.

However, the significant fluctuations in revenue, from a high of $64,236 in 2014 to a low of $773 in 2021, point to an unpredictable funding model. The latest revenue of $17,744, while an improvement from recent lows, is still modest for an organization managing a historic property. Without detailed expense breakdowns (program, administrative, fundraising) in the provided data, it's challenging to fully assess spending efficiency. The organization's transparency is good in terms of filing its 990s consistently, but the financial health appears precarious given the historical revenue shortfalls and asset depletion.

Overall, while the organization benefits from a volunteer leadership and no reported debt, its financial sustainability is questionable due to inconsistent and often insufficient revenue generation to cover expenses, leading to a gradual erosion of assets. The recent positive net income in 2023 is a hopeful sign, but it needs to be sustained to reverse the long-term financial trends.

Is Wentworth Coolidge Mansion Association Inc Legit?

Verdict: Wentworth Coolidge Mansion Association Inc shows mixed signals