Is Avalon Second Nonprofit Housing…

Quick charity verification for Avalon Second Nonprofit Housing Corporation (EIN: 141977260)

Spending Breakdown

How Avalon Second Nonprofit Housing Corporation allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

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 Avalon Second Nonprofit Housing Corporation

Is Avalon Second Nonprofit Housing Corporation a legitimate charity?

Based on AI analysis of IRS 990 filings, Avalon Second Nonprofit Housing Corporation (EIN: 141977260) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Avalon Second Nonprofit Housing Corporation a good charity to donate to?

Avalon Second Nonprofit Housing Corporation has a Mission Score of 75/100. Revenue: $667K. Assets: $6.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Avalon Second Nonprofit Housing Corporation?

The Employer Identification Number (EIN) for Avalon Second Nonprofit Housing Corporation is 141977260. 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 Avalon Second Nonprofit Housing Corporation spend its money?

Avalon Second Nonprofit Housing Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Avalon Second Nonprofit Housing Corporation's tax-exempt status?

You can verify Avalon Second Nonprofit Housing Corporation's tax-exempt status using EIN 141977260 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

Avalon Second Nonprofit Housing Corporation demonstrates consistent financial activity, with revenues and expenses generally in the range of $400,000 to $700,000 over the past decade. The organization consistently reports zero officer compensation, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. However, a notable trend is that liabilities consistently exceed assets, with liabilities ranging from approximately $6.8 million to $7.3 million against assets of $5.9 million to $6.3 million. This indicates a negative net asset position, which, while common for some housing nonprofits due to specific financing structures, warrants closer examination to understand the long-term financial stability and debt management strategy. The organization's revenue has shown growth over the decade, from $383,875 in 2014 to $656,953 in 2023, suggesting an increasing capacity to fund its operations.

Spending efficiency appears to be a mixed picture. In several recent years (e.g., 2021, 2022, 2023), expenses have exceeded revenue, indicating operational deficits. For instance, in 2023, expenses were $703,655 against revenues of $656,953. This trend of spending more than it earns in certain periods could impact its ability to build reserves or reduce its negative net asset position. Given the NTEE code L20 (Housing, Shelter), it's likely a significant portion of expenses are directly related to program services, but without a detailed breakdown of program, administrative, and fundraising expenses, a precise efficiency assessment is challenging. The consistent reporting of zero officer compensation is a positive sign for transparency and resource allocation.

Is Avalon Second Nonprofit Housing Corporation Legit?

Verdict: Avalon Second Nonprofit Housing Corporation appears trustworthy

Red Flags

Strengths