Is Wesley Woods Senior Living Inc Legit? —…

Quick charity verification for Wesley Woods Senior Living Inc (EIN: 202157051)

Red Flags

Significant increase in liabilities in 202308 ($4,070,271) without clear explanation in provided data.
Lack of detailed breakdown for program, administrative, and fundraising expenses in the provided data, hindering precise efficiency analysis.
Unusually consistent 0% officer compensation, which may indicate compensation is reported elsewhere or a highly unusual operational model for an organization of this size.

Strengths

Strong and consistent asset growth over the past decade, from $412,219 in 201408 to $12,041,426 in 202308.
Consistent reporting of 0% officer compensation, indicating a potential commitment to directing funds to mission or volunteer leadership.
Generally stable financial performance with revenues often exceeding expenses, demonstrating fiscal responsibility.
Positive net assets, indicating long-term financial stability and capacity.

Spending Breakdown

How Wesley Woods Senior Living Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

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 Wesley Woods Senior Living Inc

Is Wesley Woods Senior Living Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Wesley Woods Senior Living Inc (EIN: 202157051) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.

Is Wesley Woods Senior Living Inc a good charity to donate to?

Wesley Woods Senior Living Inc has a Mission Score of 85/100. Revenue: $3.6M. Assets: $13.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Wesley Woods Senior Living Inc?

The Employer Identification Number (EIN) for Wesley Woods Senior Living Inc is 202157051. 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 Wesley Woods Senior Living Inc spend its money?

Wesley Woods Senior Living Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Wesley Woods Senior Living Inc's tax-exempt status?

You can verify Wesley Woods Senior Living Inc's tax-exempt status using EIN 202157051 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

Wesley Woods Senior Living Inc. demonstrates a generally stable financial position with consistent revenue generation, though with some fluctuations. In the latest filing (202308), the organization reported revenues of $3,546,970 against expenses of $3,502,253, indicating a narrow surplus. The organization's assets have shown significant growth over the years, increasing from $412,219 in 201408 to $12,041,426 in 202308, suggesting effective asset management and potentially successful fundraising or investment strategies. Liabilities have also seen fluctuations, with a notable increase to $4,070,271 in 202308, which warrants closer examination to understand its nature (e.g., program-related debt vs. operational debt). The consistent reporting of 0% officer compensation across all filings is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries, which is highly commendable. The organization's spending efficiency appears reasonable, with expenses generally aligning with or slightly below revenue in most periods, preventing significant deficits. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The absence of reported officer compensation enhances its transparency profile.

Is Wesley Woods Senior Living Inc Legit?

Verdict: Wesley Woods Senior Living Inc appears trustworthy