Quick charity verification for Boulder Area Rental Housingassociation (EIN: 205190762)
Verdict: Boulder Area Rental Housingassociation appears trustworthy
90/100Mission Score
$236KRevenue
$427KAssets
1Red Flags
5Strengths
Red Flags
Significant increase in liabilities from $22,058 in 202306 to $85,326 in 202406, requiring further scrutiny.
Strengths
Consistent revenue growth, with latest revenue at $217,754 (202406).
Healthy financial surpluses, with revenue exceeding expenses in most recent years (e.g., $217,754 revenue vs. $189,971 expenses in 202406).
Steady increase in assets, reaching $411,107 in 202406.
0% officer compensation across all reported periods, indicating volunteer leadership and efficient use of funds.
Consistent IRS 990 filing history, demonstrating transparency and good governance.
Spending Breakdown
How Boulder Area Rental Housingassociation 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 Boulder Area Rental Housingassociation
Is Boulder Area Rental Housingassociation a legitimate charity?
Based on AI analysis of IRS 990 filings, Boulder Area Rental Housingassociation (EIN: 205190762) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Boulder Area Rental Housingassociation a good charity to donate to?
Boulder Area Rental Housingassociation has a Mission Score of 90/100. Revenue: $236K. Assets: $427K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Boulder Area Rental Housingassociation?
The Employer Identification Number (EIN) for Boulder Area Rental Housingassociation is 205190762. 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 Boulder Area Rental Housingassociation spend its money?
Boulder Area Rental Housingassociation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Boulder Area Rental Housingassociation's tax-exempt status?
You can verify Boulder Area Rental Housingassociation's tax-exempt status using EIN 205190762 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
Boulder Area Rental Housingassociation (BARHA) demonstrates consistent financial growth and stability. In the latest filing (202406), the organization reported revenues of $217,754 against expenses of $189,971, indicating a healthy surplus. Assets have steadily increased, reaching $411,107 in 202406, up from $320,056 in 202306, suggesting effective asset management and accumulation of reserves. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and a commitment to directing funds towards its mission rather than executive salaries.
BARHA's spending efficiency appears robust, with expenses consistently below revenue in recent years, allowing for asset growth. The absence of reported officer compensation enhances its transparency profile, as it suggests a lean operational structure. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health, characterized by growing assets and consistent surpluses, points to a well-managed organization. The significant increase in liabilities from $22,058 in 202306 to $85,326 in 202406 warrants further investigation to understand its nature and impact on financial stability.
Overall, BARHA appears to be a financially sound organization with a strong commitment to its mission, as evidenced by its volunteer leadership and consistent financial surpluses. The growth in assets provides a solid foundation for future operations, and the consistent filing history demonstrates good governance and transparency.