Quick charity verification for Breakwater Health Network (EIN: 201686489)
Verdict: Breakwater Health Network appears trustworthy
85/100Mission Score
$527KRevenue
$416KAssets
2Red Flags
3Strengths
Red Flags
Significant year-over-year revenue decline from $1.97M in 2022 to $694K in 2023.
Multiple years where expenses exceeded revenue (e.g., 2022, 2021, 2020, 2016, 2015, 2014), indicating potential operational deficits.
Strengths
Consistent reporting of 0% officer compensation across all available filings, indicating strong fiscal responsibility.
Consistent filing of IRS Form 990s over 11 periods, demonstrating good transparency and compliance.
Assets consistently exceed liabilities, indicating a healthy balance sheet.
Spending Breakdown
How Breakwater Health Network 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 Breakwater Health Network
Is Breakwater Health Network a legitimate charity?
Based on AI analysis of IRS 990 filings, Breakwater Health Network (EIN: 201686489) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Breakwater Health Network a good charity to donate to?
Breakwater Health Network has a Mission Score of 85/100. Revenue: $527K. Assets: $416K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Breakwater Health Network?
The Employer Identification Number (EIN) for Breakwater Health Network is 201686489. 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 Breakwater Health Network spend its money?
Breakwater Health Network allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Breakwater Health Network's tax-exempt status?
You can verify Breakwater Health Network's tax-exempt status using EIN 201686489 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
Breakwater Health Network demonstrates a fluctuating financial performance over the past decade. While the organization generally maintains a positive asset base, its revenue and expenses have shown significant variability, with a notable decrease in revenue from a peak of nearly $2 million in 2022 to $694,359 in 2023. The organization consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. However, without detailed expense breakdowns beyond total expenses, it's challenging to fully assess spending efficiency between programs, administration, and fundraising. The consistent filing of IRS Form 990s over 11 periods indicates good compliance and transparency in reporting overall financial figures.
The organization's financial health appears stable in terms of assets exceeding liabilities, with assets of $659,971 against liabilities of $41,587 in 2023. However, the recent decline in revenue and a history of expenses sometimes exceeding revenue (e.g., 2022, 2021, 2020, 2016, 2015, 2014) suggest a need for careful financial management to ensure long-term sustainability. The absence of officer compensation is a significant positive for donor confidence, indicating that leadership is either volunteer-based or compensated through other means not reported as officer compensation on the 990, which is a strong sign of fiscal responsibility.
Overall, Breakwater Health Network exhibits good transparency through its consistent 990 filings and zero reported officer compensation. Its financial health, while generally stable with positive net assets, shows some volatility in revenue and expenses, warranting close monitoring. The lack of detailed expense breakdowns in the provided data limits a full assessment of spending efficiency, but the absence of executive compensation is a strong positive for program focus.