Is Affordable Housing Network Inc Legit? —…

Quick charity verification for Affordable Housing Network Inc (EIN: 208640691)

Strengths

Strong asset base, consistently exceeding $18 million, indicating significant financial capacity and stability (e.g., $18,568,829 in assets for 202306).
Positive net assets, with assets consistently higher than liabilities across all reported periods (e.g., 202306: Assets $18.57M vs. Liabilities $9.00M).
Efficient spending, as suggested by the 0% officer compensation, implying a high proportion of funds are directed towards program services.
Long operational history with 13 filings, demonstrating sustained commitment to its mission.

Spending Breakdown

How Affordable Housing Network Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

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 Affordable Housing Network Inc

Is Affordable Housing Network Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Affordable Housing Network Inc (EIN: 208640691) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Affordable Housing Network Inc a good charity to donate to?

Affordable Housing Network Inc has a Mission Score of 85/100. Revenue: $6.9M. Assets: $20.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Affordable Housing Network Inc?

The Employer Identification Number (EIN) for Affordable Housing Network Inc is 208640691. 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 Network Inc spend its money?

Affordable Housing Network Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Affordable Housing Network Inc's tax-exempt status?

You can verify Affordable Housing Network Inc's tax-exempt status using EIN 208640691 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 Network Inc demonstrates a generally stable financial position, with assets consistently exceeding liabilities over the past decade, indicating a healthy balance sheet. For instance, in the 202306 period, assets were $18,568,829 against liabilities of $8,996,541. The organization has shown significant revenue fluctuations, from a high of $8,670,979 in 202306 to a low of $5,406,147 in 201606, suggesting variability in funding or operational income. Despite these fluctuations, expenses have generally been managed within reasonable bounds relative to revenue, with some periods showing net surpluses (e.g., 202306: Revenue $8.67M, Expenses $5.22M) and others showing deficits (e.g., 202206: Revenue $5.70M, Expenses $6.85M).

The organization's spending efficiency appears to be strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that a very high proportion of funds are directed towards program services and operational costs rather than executive salaries. The NTEE code L20 (Housing Development, Construction & Management) implies significant capital expenditures and program delivery costs, which are reflected in the substantial asset base. The lack of reported officer compensation also points to a high degree of transparency regarding executive pay, or potentially a structure where executive roles are compensated through other means not captured in this specific line item, though the consistent zero is notable.

Overall, Affordable Housing Network Inc appears to be a financially sound organization with a strong commitment to its mission, evidenced by its asset base, revenue generation, and particularly the absence of reported officer compensation. While revenue can fluctuate, the organization has demonstrated an ability to manage expenses and maintain a positive net asset position. Further detailed analysis of program spending versus administrative and fundraising costs would provide a more granular view of spending efficiency, but the available data suggests a well-managed entity.

Is Affordable Housing Network Inc Legit?

Verdict: Affordable Housing Network Inc appears trustworthy

Red Flags