Quick charity verification for B H R A G S Homecare Inc (EIN: 112579798)
Verdict: B H R A G S Homecare Inc appears trustworthy
85/100Mission Score
$122.1MRevenue
$54.8MAssets
2Red Flags
4Strengths
Red Flags
Unusually low or zero reported officer compensation for an organization of this size, which might indicate compensation is reported under other categories or through related entities, warranting further investigation.
Rapid growth in revenue and assets could strain internal controls if not managed properly, though consistent surpluses suggest effective financial oversight thus far.
Strengths
Strong financial growth with revenue increasing from $25.6M in 2015 to $81M in 2023.
No reported officer compensation, suggesting a high dedication of funds to the mission.
Significant increase in assets, demonstrating growing capacity and financial health.
Spending Breakdown
How B H R A G S Homecare Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 B H R A G S Homecare Inc
Is B H R A G S Homecare Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, B H R A G S Homecare Inc (EIN: 112579798) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is B H R A G S Homecare Inc a good charity to donate to?
B H R A G S Homecare Inc has a Mission Score of 85/100. Revenue: $122.1M. Assets: $54.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for B H R A G S Homecare Inc?
The Employer Identification Number (EIN) for B H R A G S Homecare Inc is 112579798. 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 R A G S Homecare Inc spend its money?
B H R A G S Homecare Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify B H R A G S Homecare Inc's tax-exempt status?
You can verify B H R A G S Homecare Inc's tax-exempt status using EIN 112579798 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 R A G S Homecare Inc. demonstrates a significant and rapid growth trajectory in its financial operations, with revenue surging from $25.6 million in 2015 to over $81 million in 2023. This growth is accompanied by generally healthy financial management, as expenses consistently remain below revenue, indicating operational surpluses. For instance, in 2023, the organization reported $81,086,881 in revenue against $76,979,173 in expenses, resulting in a surplus of over $4 million. The organization's assets have also grown substantially, reaching $23,311,566 in 2023, although liabilities have also increased, peaking at $9,247,392 in 2020 before decreasing to $7,114,542 in 2023.
While the overall financial health appears robust, a detailed breakdown of spending efficiency (program vs. administrative vs. fundraising) is not explicitly provided in the summary data, making a precise assessment of program efficiency challenging. However, the consistent surpluses suggest that the organization is managing its finances effectively to support its mission. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to directing funds towards organizational activities rather than executive pay, which is a positive sign for transparency and donor trust.
Further analysis would benefit from a more granular breakdown of expenses to fully understand the allocation of funds. The rapid expansion in revenue and assets, coupled with consistent surpluses and no reported officer compensation, paints a picture of a financially stable and growing organization. However, without specific program spending ratios, it's difficult to definitively assess the efficiency of its program delivery.