0% reported officer compensation across all filings, suggesting efficient use of funds for mission.
Strong program spending, with an estimated 90% of expenses directed towards programs.
Spending Breakdown
How 80 92 Ridge Street Housing Development Fund Company Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
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 80 92 Ridge Street Housing Development Fund Company Inc
Is 80 92 Ridge Street Housing Development Fund Company Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, 80 92 Ridge Street Housing Development Fund Company Inc (EIN: 133584060) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is 80 92 Ridge Street Housing Development Fund Company Inc a good charity to donate to?
80 92 Ridge Street Housing Development Fund Company Inc has a Mission Score of 85/100. Revenue: $2.6M. Assets: $4.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for 80 92 Ridge Street Housing Development Fund Company Inc?
The Employer Identification Number (EIN) for 80 92 Ridge Street Housing Development Fund Company Inc is 133584060. 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 80 92 Ridge Street Housing Development Fund Company Inc spend its money?
80 92 Ridge Street Housing Development Fund Company Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify 80 92 Ridge Street Housing Development Fund Company Inc's tax-exempt status?
You can verify 80 92 Ridge Street Housing Development Fund Company Inc's tax-exempt status using EIN 133584060 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
80 92 Ridge Street Housing Development Fund Company Inc demonstrates consistent financial operations, with revenues generally exceeding expenses over the past decade. For instance, in the latest period (202306), revenue was $2,747,952 against expenses of $2,575,507, indicating a surplus. However, the organization carries significant liabilities, which have consistently exceeded assets. In 202306, liabilities were $5,701,218 compared to assets of $4,567,135, suggesting a reliance on debt or specific funding structures common in housing development funds. The consistent reporting of 0% officer compensation across all available filings indicates strong transparency regarding executive pay, or that executive functions are handled by an external entity or volunteers without direct compensation from the organization.