0% reported officer compensation, demonstrating commitment to mission-focused spending
Strong financial stability with over $125 million in assets
Consistent IRS 990 filing history, indicating good transparency practices
Spending Breakdown
How Breaking Ground Ii Housing Development Fund 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 Breaking Ground Ii Housing Development Fund Corporation
Is Breaking Ground Ii Housing Development Fund Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Breaking Ground Ii Housing Development Fund Corporation (EIN: 133846708) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Breaking Ground Ii Housing Development Fund Corporation a good charity to donate to?
Breaking Ground Ii Housing Development Fund Corporation has a Mission Score of 90/100. Revenue: $11.3M. Assets: $125.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Breaking Ground Ii Housing Development Fund Corporation?
The Employer Identification Number (EIN) for Breaking Ground Ii Housing Development Fund Corporation is 133846708. 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 Breaking Ground Ii Housing Development Fund Corporation spend its money?
Breaking Ground Ii Housing Development Fund Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Breaking Ground Ii Housing Development Fund Corporation's tax-exempt status?
You can verify Breaking Ground Ii Housing Development Fund Corporation's tax-exempt status using EIN 133846708 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
Breaking Ground Ii Housing Development Fund Corporation demonstrates a strong financial position, with assets consistently growing over the past decade, reaching $125,161,803. The organization consistently reports significantly lower expenses compared to its revenue, indicating efficient operations and a healthy accumulation of assets for its mission. For instance, in 2023, revenue was $4,846,250 against expenses of $2,019,815. This pattern suggests a focus on long-term sustainability and asset building, which is common for housing development funds that acquire and manage properties.
The organization's spending efficiency appears high, as evidenced by the substantial difference between revenue and expenses across multiple years. While specific program spending ratios are not detailed in the provided data, the overall financial health and asset growth suggest effective resource management. The consistent reporting of 0% officer compensation also points to a lean operational structure at the executive level, further enhancing efficiency and demonstrating a commitment to directing resources towards the organization's objectives.
Transparency is generally good, with a consistent filing history of 13 IRS 990 forms. The absence of reported officer compensation is a notable positive for transparency and public trust. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a complete assessment of spending efficiency is challenging. Further detail on how the significant revenue surpluses are utilized or reinvested into housing development would enhance transparency.