Is Boston Road Housing Development Fund Co Inc Legit?

Quick charity verification for Boston Road Housing Development Fund Co Inc (EIN: 132731443)

Verdict: Boston Road Housing Development Fund Co Inc appears trustworthy

75/100Mission Score
$3.2MRevenue
$8.2MAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Boston Road Housing Development Fund Co Inc 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 Boston Road Housing Development Fund Co Inc

Is Boston Road Housing Development Fund Co Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Boston Road Housing Development Fund Co Inc (EIN: 132731443) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is Boston Road Housing Development Fund Co Inc a good charity to donate to?

Boston Road Housing Development Fund Co Inc has a Mission Score of 75/100. Revenue: $3.2M. Assets: $8.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Boston Road Housing Development Fund Co Inc?

The Employer Identification Number (EIN) for Boston Road Housing Development Fund Co Inc is 132731443. 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 Boston Road Housing Development Fund Co Inc spend its money?

Boston Road Housing Development Fund Co Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Boston Road Housing Development Fund Co Inc's tax-exempt status?

You can verify Boston Road Housing Development Fund Co Inc's tax-exempt status using EIN 132731443 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

Boston Road Housing Development Fund Co Inc appears to be a financially stable organization focused on its program services, as indicated by its consistent revenue and asset growth over the past five years. In the latest filing period (202310), the organization reported revenues of $3,188,869 against expenses of $3,151,699, demonstrating a narrow surplus. Its assets have grown from $4,925,019 in 201810 to $8,188,955 in 202310, suggesting prudent financial management and investment in its mission. The organization's NTEE code L20 (Housing Development, Construction & Management) aligns with its name, indicating a clear program focus. However, a notable aspect is the consistently high liabilities, which have increased from $6,146,862 in 201810 to $11,213,561 in 202310, significantly exceeding its assets. This could indicate substantial debt related to housing development projects, which is common in this sector but warrants closer examination. The organization reports 0% officer compensation across all available filings, which is unusual for an organization of its size and could suggest that executive compensation is either paid through a related entity or not reported in a standard manner, potentially impacting transparency regarding leadership costs. Overall, while program focus and asset growth are positive, the high liabilities and lack of reported officer compensation are areas for further inquiry.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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