Is Affordable Housing Alliance Of Connecticut Inc Legit?
Quick charity verification for Affordable Housing Alliance Of Connecticut Inc (EIN: 222976696)
Verdict: Affordable Housing Alliance Of Connecticut Inc shows mixed signals
65/100Mission Score
$377KRevenue
$78KAssets
3Red Flags
2Strengths
Red Flags
Significant and consistent decline in revenue over the past five years, from $973,037 in 2015 to $376,865 in 2019.
Total expenses ($504,078 in 2019) consistently exceed total revenue ($376,865 in 2019), indicating operational deficits.
Assets have sharply decreased from $455,190 in 2013 to $78,150 in 2019, raising concerns about financial stability.
Strengths
The organization has maintained its tax-exempt status (L80F) over the years.
Despite financial challenges, the organization has continued to operate for at least seven years based on available filings.
Spending Breakdown
How Affordable Housing Alliance Of Connecticut Inc allocates its funds across programs, administration, and fundraising.
50%
Program Spending
Below average — room for improvement
30%
Admin Costs
High — over 25% on administration
20%
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 Affordable Housing Alliance Of Connecticut Inc
Is Affordable Housing Alliance Of Connecticut Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Affordable Housing Alliance Of Connecticut Inc (EIN: 222976696) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Affordable Housing Alliance Of Connecticut Inc a good charity to donate to?
Affordable Housing Alliance Of Connecticut Inc has a Mission Score of 65/100. Revenue: $377K. Assets: $78K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Affordable Housing Alliance Of Connecticut Inc?
The Employer Identification Number (EIN) for Affordable Housing Alliance Of Connecticut Inc is 222976696. 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 Affordable Housing Alliance Of Connecticut Inc spend its money?
Affordable Housing Alliance Of Connecticut Inc allocates 50% to programs, 30% to administration, and 20% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Affordable Housing Alliance Of Connecticut Inc's tax-exempt status?
You can verify Affordable Housing Alliance Of Connecticut Inc's tax-exempt status using EIN 222976696 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
Affordable Housing Alliance Of Connecticut Inc is a housing & shelter nonprofit based in Wethersfield, Connecticut, with reported revenue of $377K and assets of $78K. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 50% of spending goes to programs, 30% to administration, and 20% to fundraising. Executive compensation information is not provided in the given data, preventing an assessment. Revenue has declined -27% across 9 filing periods.