Is Blessings Assurance Community Services…

Quick charity verification for Blessings Assurance Community Services Inc (EIN: 142004352)

Strengths

Consistent and significant revenue growth over the past decade, from $397,423 in 2014 to $1,573,191 in 2023.
Strong asset accumulation, growing from $89,044 in 2014 to $1,861,036 in 2023.
Zero reported liabilities in recent filings (2022, 2023), indicating excellent financial stability.
Consistent reporting of 0% officer compensation, suggesting high volunteer engagement or very low leadership overhead.
Positive net income (revenue exceeding expenses) in most years, contributing to asset growth.

Spending Breakdown

How Blessings Assurance Community Services Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

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 Blessings Assurance Community Services Inc

Is Blessings Assurance Community Services Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Blessings Assurance Community Services Inc (EIN: 142004352) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.

Is Blessings Assurance Community Services Inc a good charity to donate to?

Blessings Assurance Community Services Inc has a Mission Score of 90/100. Revenue: $1.6M. Assets: $1.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Blessings Assurance Community Services Inc?

The Employer Identification Number (EIN) for Blessings Assurance Community Services Inc is 142004352. 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 Blessings Assurance Community Services Inc spend its money?

Blessings Assurance Community Services Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Blessings Assurance Community Services Inc's tax-exempt status?

You can verify Blessings Assurance Community Services Inc's tax-exempt status using EIN 142004352 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

Blessings Assurance Community Services Inc demonstrates consistent growth in revenue and assets over the past decade, with revenue increasing from $397,423 in 2014 to $1,573,191 in 2023. The organization consistently reports zero liabilities in its most recent filings (2022 and 2023), indicating a strong financial position and responsible management of debt. A notable aspect of their financial health is the absence of reported officer compensation across all available filings, which suggests a high degree of volunteerism at the leadership level or that compensation is covered by other means not reported in this section. This practice can significantly reduce administrative overhead and direct more funds towards programs.

The organization's spending efficiency appears strong, as evidenced by the consistent surplus of revenue over expenses in most years, particularly in the latest period where revenue was $1,573,191 against expenses of $1,264,096. This surplus contributes to asset growth, which reached $1,861,036 in the latest period. The lack of reported officer compensation further enhances their spending efficiency by minimizing a common administrative cost. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited.

Transparency is generally good, with 11 filings available, showing a consistent reporting history. The clear reporting of zero officer compensation is a positive indicator of transparency regarding leadership costs. To further enhance transparency, a more granular breakdown of expenses beyond total expenses would be beneficial for stakeholders to understand the allocation of funds across different activities.

Is Blessings Assurance Community Services Inc Legit?

Verdict: Blessings Assurance Community Services Inc appears trustworthy

Red Flags