Quick charity verification for Auburn Housing Development Corporation (EIN: 202188815)
Verdict: Auburn Housing Development Corporation appears trustworthy
75/100Mission Score
$238KRevenue
$900KAssets
3Red Flags
3Strengths
Red Flags
Highly volatile revenue streams, making financial planning challenging (e.g., $724,434 in 2017 vs. $24,753 in 2019).
Significant liabilities relative to assets (e.g., $568,616 liabilities against $865,909 assets in 2024), indicating substantial debt.
Expenses frequently exceeding revenue in recent years (e.g., 2024: $79,479 revenue vs. $126,889 expenses; 2022: $81,109 revenue vs. $141,795 expenses).
Strengths
Consistent 0% officer compensation, indicating strong commitment to directing funds to mission.
Regular filing of IRS 990 forms, demonstrating transparency and compliance.
Maintained substantial assets over time, providing a base for operations (e.g., $899,928 latest assets).
Spending Breakdown
How Auburn Housing Development Corporation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Auburn Housing Development Corporation
Is Auburn Housing Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Auburn Housing Development Corporation (EIN: 202188815) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Auburn Housing Development Corporation a good charity to donate to?
Auburn Housing Development Corporation has a Mission Score of 75/100. Revenue: $238K. Assets: $900K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Auburn Housing Development Corporation?
The Employer Identification Number (EIN) for Auburn Housing Development Corporation is 202188815. 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 Auburn Housing Development Corporation spend its money?
Auburn Housing Development Corporation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Auburn Housing Development Corporation's tax-exempt status?
You can verify Auburn Housing Development Corporation's tax-exempt status using EIN 202188815 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
Auburn Housing Development Corporation exhibits inconsistent financial performance over the past decade, with significant fluctuations in both revenue and expenses. For instance, revenue peaked at $724,434 in 2017 and $710,470 in 2020, but dropped to $24,753 in 2019 and $79,479 in 2024. This volatility makes it challenging to assess long-term financial stability. The organization consistently reports 0% officer compensation, which is a positive indicator of resource allocation towards its mission rather than executive salaries.
The organization's assets have generally remained robust, hovering around $900,000 to $1.3 million in recent years, with current assets at $865,909 as of 2024. However, liabilities have also been substantial, reaching $568,616 in 2024, indicating a significant portion of assets are offset by debt. The NTEE code L20 suggests a focus on housing development, and without a detailed breakdown of expenses, it's difficult to ascertain the exact efficiency of program spending versus administrative or fundraising costs. The consistent reporting of 0% officer compensation suggests a commitment to minimizing overhead in that specific area.
While the lack of officer compensation is a strong point for transparency and efficiency, the wide swings in revenue and expenses, coupled with substantial liabilities, warrant closer examination. A more detailed breakdown of expenses would be beneficial to fully understand how funds are being utilized across programs, administration, and fundraising. The organization's consistent filing of IRS 990s demonstrates a commitment to regulatory transparency.