Quick charity verification for B H Homan Jr Tr Pt 15583 (EIN: 136741112)
Verdict: B H Homan Jr Tr Pt 15583 appears trustworthy
85/100Mission Score
$8.0MRevenue
$22.1MAssets
2Red Flags
4Strengths
Red Flags
Lack of NTEE code and detailed program description in provided data
Unusually consistent 0% officer compensation for an organization of this size, which may warrant further investigation into operational structure.
Strengths
Consistent asset growth, from $18.3M in 2012 to $22.1M currently.
Extremely low liabilities, consistently reported as $0 or $1.
Consistent filing of IRS Form 990s, indicating compliance.
No reported officer compensation, suggesting high efficiency in this area.
Spending Breakdown
How B H Homan Jr Tr Pt 15583 allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 B H Homan Jr Tr Pt 15583
Is B H Homan Jr Tr Pt 15583 a legitimate charity?
Based on AI analysis of IRS 990 filings, B H Homan Jr Tr Pt 15583 (EIN: 136741112) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is B H Homan Jr Tr Pt 15583 a good charity to donate to?
B H Homan Jr Tr Pt 15583 has a Mission Score of 85/100. Revenue: $8.0M. Assets: $22.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for B H Homan Jr Tr Pt 15583?
The Employer Identification Number (EIN) for B H Homan Jr Tr Pt 15583 is 136741112. 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 B H Homan Jr Tr Pt 15583 spend its money?
B H Homan Jr Tr Pt 15583 allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify B H Homan Jr Tr Pt 15583's tax-exempt status?
You can verify B H Homan Jr Tr Pt 15583's tax-exempt status using EIN 136741112 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
B H Homan Jr Tr Pt 15583 demonstrates consistent financial stability, with assets growing from $18.3 million in 2012 to over $22.1 million currently. The organization consistently reports minimal liabilities, often just $1, indicating a very strong balance sheet and low financial risk. Revenue has fluctuated but generally shows an upward trend over the long term, with the latest reported revenue at $7,970,411. The organization's spending efficiency appears high given the consistent reporting of 0% officer compensation across all available filings, suggesting that administrative costs related to executive salaries are non-existent or covered by other means. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited. The lack of NTEE code and detailed expense categories in the provided data also limits a full transparency assessment, though the consistent filing of 990s is a positive sign.