Quick charity verification for Barrier Free Living Holding Inc (EIN: 133059155)
Verdict: Barrier Free Living Holding Inc appears trustworthy
85/100Mission Score
$5.3MRevenue
$5.5MAssets
2Red Flags
3Strengths
Red Flags
Consistent 0% officer compensation for a multi-million dollar organization, which is highly unusual and may warrant further investigation into how leadership is compensated or structured.
Significant increase in liabilities in 2023 to $2,508,814, which could indicate new debt or financial obligations that need to be understood in context of the organization's financial health.
Strengths
Consistent operational surpluses, with revenues generally exceeding expenses (e.g., $4,558,656 revenue vs. $4,420,888 expenses in 2023).
Growing asset base, reaching $5,522,495 in the latest period, indicating increasing financial capacity.
Strong indication of program focus given the reported 0% officer compensation, suggesting funds are directed towards mission-related activities.
Spending Breakdown
How Barrier Free Living Holding 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 Barrier Free Living Holding Inc
Is Barrier Free Living Holding Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Barrier Free Living Holding Inc (EIN: 133059155) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Barrier Free Living Holding Inc a good charity to donate to?
Barrier Free Living Holding Inc has a Mission Score of 85/100. Revenue: $5.3M. Assets: $5.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Barrier Free Living Holding Inc?
The Employer Identification Number (EIN) for Barrier Free Living Holding Inc is 133059155. 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 Barrier Free Living Holding Inc spend its money?
Barrier Free Living Holding Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Barrier Free Living Holding Inc's tax-exempt status?
You can verify Barrier Free Living Holding Inc's tax-exempt status using EIN 133059155 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
Barrier Free Living Holding Inc demonstrates consistent financial activity, with revenues generally exceeding expenses, indicating sound operational management. For instance, in 2023, revenue was $4,558,656 against expenses of $4,420,888, resulting in a surplus. The organization's assets have shown growth over time, reaching $5,522,495 in the latest period, which is a positive indicator of financial stability. However, the liabilities have also fluctuated significantly, peaking at $2,508,814 in 2023, which warrants closer examination to understand the nature of these obligations. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards the mission, and also indicates a high level of transparency regarding executive pay practices.