Is Bishop Sheen Ecumenical Housing Foundation Inc Legit?
Quick charity verification for Bishop Sheen Ecumenical Housing Foundation Inc (EIN: 166101149)
Verdict: Bishop Sheen Ecumenical Housing Foundation Inc appears trustworthy
85/100Mission Score
$5.9MRevenue
$13.6MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent positive net assets, indicating financial stability (e.g., 2024 assets $13,478,283 vs liabilities $6,446,992).
0% officer compensation reported across all filings, suggesting efficient use of funds.
Expenses consistently managed close to or below revenue, demonstrating sound financial management.
Significant asset base ($13,567,082 latest reported) providing long-term stability.
Spending Breakdown
How Bishop Sheen Ecumenical Housing Foundation 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 Bishop Sheen Ecumenical Housing Foundation Inc
Is Bishop Sheen Ecumenical Housing Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bishop Sheen Ecumenical Housing Foundation Inc (EIN: 166101149) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Bishop Sheen Ecumenical Housing Foundation Inc a good charity to donate to?
Bishop Sheen Ecumenical Housing Foundation Inc has a Mission Score of 85/100. Revenue: $5.9M. Assets: $13.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bishop Sheen Ecumenical Housing Foundation Inc?
The Employer Identification Number (EIN) for Bishop Sheen Ecumenical Housing Foundation Inc is 166101149. 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 Bishop Sheen Ecumenical Housing Foundation Inc spend its money?
Bishop Sheen Ecumenical Housing Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bishop Sheen Ecumenical Housing Foundation Inc's tax-exempt status?
You can verify Bishop Sheen Ecumenical Housing Foundation Inc's tax-exempt status using EIN 166101149 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
Bishop Sheen Ecumenical Housing Foundation Inc demonstrates a generally stable financial position, with assets consistently exceeding liabilities across its filing history. While revenue has fluctuated significantly, peaking at over $18 million in 2018 and declining to around $4 million in recent years, the organization has consistently managed to operate with expenses close to or below revenue, indicating sound financial management. For instance, in 2024, revenue was $3,987,346 against expenses of $3,857,470, showing a surplus.
The organization's spending efficiency appears strong, as indicated by the consistent reporting of 0% officer compensation, suggesting that resources are directed towards its mission rather than executive salaries. The lack of detailed expense breakdowns in the provided data prevents a precise program efficiency ratio, but the overall financial stability and lack of executive compensation are positive indicators. Transparency is good in terms of filing history, but more detailed expense categories would enhance understanding of program versus administrative costs.
Overall, the foundation appears to be a well-managed entity, adapting to varying revenue streams while maintaining a healthy asset base. The consistent positive net assets and absence of executive compensation are strong points, suggesting a commitment to its mission and efficient use of funds.