Quick charity verification for Ark Homes Foster Family Agency (EIN: 200088130)
Verdict: Ark Homes Foster Family Agency appears trustworthy
85/100Mission Score
$3.2MRevenue
$1.8MAssets
1Red Flags
4Strengths
Red Flags
Significant revenue fluctuation between 2022 ($7.5M) and 2023 ($5.4M) without clear explanation in provided data.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs.
Steady growth in assets over the past decade, from $462,285 in 2014 to $2,052,283 in 2023.
Expenses generally align closely with revenue, suggesting effective resource utilization.
Strong program focus implied by the lack of executive compensation and consistent operational spending.
Spending Breakdown
How Ark Homes Foster Family Agency allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Ark Homes Foster Family Agency
Is Ark Homes Foster Family Agency a legitimate charity?
Based on AI analysis of IRS 990 filings, Ark Homes Foster Family Agency (EIN: 200088130) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Ark Homes Foster Family Agency a good charity to donate to?
Ark Homes Foster Family Agency has a Mission Score of 85/100. Revenue: $3.2M. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ark Homes Foster Family Agency?
The Employer Identification Number (EIN) for Ark Homes Foster Family Agency is 200088130. 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 Ark Homes Foster Family Agency spend its money?
Ark Homes Foster Family Agency allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ark Homes Foster Family Agency's tax-exempt status?
You can verify Ark Homes Foster Family Agency's tax-exempt status using EIN 200088130 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
Ark Homes Foster Family Agency demonstrates a generally stable financial position, with assets consistently growing over the past decade, reaching $2,052,283 in 2023. The organization's revenue has fluctuated, peaking at $7,526,418 in 2022 before decreasing to $5,415,506 in 2023. Despite these fluctuations, expenses have largely tracked revenue, indicating a commitment to utilizing funds for operations. The agency consistently reports 0% officer compensation, which is a significant indicator of transparency and a focus on mission-related spending rather than executive enrichment. This suggests a strong dedication to allocating resources directly to its programs, which is commendable for a nonprofit of its size.