Quick charity verification for Winchester Downtown Program (EIN: 208939437)
Verdict: Winchester Downtown Program appears trustworthy
95/100Mission Score
$680KRevenue
$1.8MAssets
1Red Flags
5Strengths
Red Flags
No specific red flags identified based on the provided financial data.
Strengths
Consistent asset growth, from $338,495 in 2014 to $1,470,898 in 2023.
Extremely low liabilities, decreasing from $1,250,300 in 2014 to $4,138 in 2023.
0% officer compensation reported across all filings, indicating efficient use of funds.
Expenses consistently much lower than revenue, suggesting strong financial management and program focus.
Strong financial stability and growth over the past decade.
AI Transparency Report
The Winchester Downtown Program demonstrates consistent financial growth and strong program spending efficiency. Over the past decade, the organization has seen its assets grow significantly from $338,495 in 2014 to $1,470,898 in 2023, indicating sound financial management and asset accumulation. Their expenses have remained relatively low compared to their revenue, with expenses in 2023 at $180,750 against a revenue of $472,316, suggesting a high proportion of funds are retained or directed towards their mission. The organization also reports 0% officer compensation across all available filings, which is a strong indicator of volunteer leadership and a commitment to directing resources to programs rather than executive salaries. This practice enhances their financial health and transparency.