Consistent operational deficits (expenses exceeding revenue) in recent years, impacting net assets.
Liabilities consistently exceed assets, indicating a potentially high debt burden or specific financial structure that needs further investigation.
NTEE code is unknown, which limits understanding of its specific programmatic focus and peer comparisons.
Strengths
Zero reported officer compensation across all filings, indicating strong commitment to mission-focused spending.
Consistent revenue generation around $200,000 annually over many years, showing stable funding streams.
Long history of IRS 990 filings (13 filings), demonstrating consistent transparency and compliance.
Spending Breakdown
How Bradford Housing Corporation 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 Bradford Housing Corporation
Is Bradford Housing Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bradford Housing Corporation (EIN: 10332278) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Bradford Housing Corporation a good charity to donate to?
Bradford Housing Corporation has a Mission Score of 75/100. Revenue: $206K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bradford Housing Corporation?
The Employer Identification Number (EIN) for Bradford Housing Corporation is 10332278. 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 Bradford Housing Corporation spend its money?
Bradford Housing Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bradford Housing Corporation's tax-exempt status?
You can verify Bradford Housing Corporation's tax-exempt status using EIN 10332278 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
Bradford Housing Corporation consistently operates with revenues around $200,000 and assets exceeding $1 million, indicating a stable, albeit modest, financial base. The organization has shown a pattern of expenses frequently exceeding revenue, as seen in 2023 ($224,513 expenses vs. $196,430 revenue) and 2022 ($239,604 expenses vs. $189,184 revenue), leading to a gradual decline in net assets. However, the absence of officer compensation across all reported periods suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of financial stewardship. The organization's liabilities have consistently been higher than its assets, suggesting a reliance on debt or specific funding structures that warrant closer examination to understand long-term solvency.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent operational deficits suggest that the organization is spending at or slightly above its income levels. The lack of officer compensation is a significant positive for efficiency. Transparency is generally good given the availability of 13 years of 990 filings, but the absence of an NTEE code and detailed expense categories limits a deeper analysis of its programmatic focus and spending ratios.