Is Allies Homes 2005 Inc Legit?

Quick charity verification for Allies Homes 2005 Inc (EIN: 205666181)

Verdict: Allies Homes 2005 Inc shows mixed signals

65/100Mission Score
$184KRevenue
$1.0MAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Allies Homes 2005 Inc allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
20%
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 Allies Homes 2005 Inc

Is Allies Homes 2005 Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Allies Homes 2005 Inc (EIN: 205666181) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Allies Homes 2005 Inc a good charity to donate to?

Allies Homes 2005 Inc has a Mission Score of 65/100. Revenue: $184K. Assets: $1.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Allies Homes 2005 Inc?

The Employer Identification Number (EIN) for Allies Homes 2005 Inc is 205666181. 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 Allies Homes 2005 Inc spend its money?

Allies Homes 2005 Inc allocates 80% to programs, 20% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Allies Homes 2005 Inc's tax-exempt status?

You can verify Allies Homes 2005 Inc's tax-exempt status using EIN 205666181 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

Allies Homes 2005 Inc. demonstrates a consistent operational pattern with revenues generally covering expenses, though recent years show a slight deficit. For instance, in 2023, revenue was $33,710 against expenses of $56,597, indicating a deficit of $22,887. This trend of expenses exceeding revenue is also visible in 2022 ($56,064 revenue vs. $57,427 expenses) and 2021 ($43,869 revenue vs. $112,886 expenses). The organization's assets have remained relatively stable around $1 million, but liabilities have shown an increasing trend, reaching $1,189,761 in 2023, which now exceeds total assets. This suggests a reliance on debt or other non-equity financing, which could pose long-term financial risks if not managed effectively. The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings indicates a commitment to minimizing overhead in this area, which is a positive sign for donor confidence. The lack of detailed expense categories in the provided data limits a comprehensive evaluation of how efficiently funds are allocated to its mission. In terms of transparency, the organization has a consistent filing history with the IRS, providing public access to its financial data. The absence of officer compensation is a transparent practice that aligns with good governance. However, for a more complete picture, a detailed functional expense breakdown would enhance transparency regarding how funds are utilized across different activities.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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