Quick charity verification for Wesleyan Homes Of Tennessee Inc (EIN: 203533871)
Verdict: Wesleyan Homes Of Tennessee Inc has notable concerns
35/100Mission Score
$0Revenue
$0Assets
5Red Flags
1Strengths
Red Flags
Latest filing shows $0 revenue and $0 assets, indicating potential dormancy or cessation of operations.
Consistent operating deficits across multiple years (e.g., expenses exceeded revenue in 6 out of 7 filings).
Liabilities consistently and significantly exceed assets (e.g., $10,713,218 liabilities vs. $3,792,942 assets in 201609), raising solvency concerns.
Unknown NTEE code hinders proper classification and comparative analysis of the organization's mission and efficiency.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to assess spending efficiency.
Strengths
No reported officer compensation, which could indicate a highly efficient, volunteer-driven leadership structure if accurate.
Spending Breakdown
How Wesleyan Homes Of Tennessee Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Wesleyan Homes Of Tennessee Inc
Is Wesleyan Homes Of Tennessee Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Wesleyan Homes Of Tennessee Inc (EIN: 203533871) has notable concerns. Mission Score: 35/100. 5 red flags identified, 1 strength noted.
Is Wesleyan Homes Of Tennessee Inc a good charity to donate to?
Wesleyan Homes Of Tennessee Inc has a Mission Score of 35/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wesleyan Homes Of Tennessee Inc?
The Employer Identification Number (EIN) for Wesleyan Homes Of Tennessee Inc is 203533871. 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 Wesleyan Homes Of Tennessee Inc spend its money?
Wesleyan Homes Of Tennessee Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wesleyan Homes Of Tennessee Inc's tax-exempt status?
You can verify Wesleyan Homes Of Tennessee Inc's tax-exempt status using EIN 203533871 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
Wesleyan Homes Of Tennessee Inc. exhibits a concerning financial trajectory, with its latest filing showing $0 in both revenue and assets, indicating potential dormancy or significant operational changes not reflected in the provided historical data. Historically, the organization has experienced fluctuating revenues and consistent operating deficits, with expenses frequently exceeding revenue in most periods. For example, in 201609, expenses were $5,028,811 against revenues of $4,603,726. The substantial liabilities, consistently in the millions and often dwarfing assets, raise questions about long-term solvency and financial stability. The organization's NTEE code is unknown, which can hinder a clear understanding of its specific programmatic focus and make it difficult to benchmark its spending efficiency against similar organizations. The lack of officer compensation reported across all periods suggests either a volunteer-led structure or that compensation is not reported in a way that is easily discernible from the provided data, which could impact transparency assessments.