Quick charity verification for Building Homes For Heroes Inc (EIN: 204540852)
Verdict: Building Homes For Heroes Inc appears trustworthy
95/100Mission Score
$20.6MRevenue
$20.9MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation reported across all filings, indicating high efficiency and mission focus.
Healthy and stable asset base, consistently above $14 million in recent years, demonstrating financial stability.
Strong financial solvency with liabilities consistently low relative to assets.
Consistent revenue generation, often exceeding $10 million annually, supporting sustained operations.
Spending Breakdown
How Building Homes For Heroes Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Building Homes For Heroes Inc
Is Building Homes For Heroes Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Building Homes For Heroes Inc (EIN: 204540852) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
Is Building Homes For Heroes Inc a good charity to donate to?
Building Homes For Heroes Inc has a Mission Score of 95/100. Revenue: $20.6M. Assets: $20.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Building Homes For Heroes Inc?
The Employer Identification Number (EIN) for Building Homes For Heroes Inc is 204540852. 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 Building Homes For Heroes Inc spend its money?
Building Homes For Heroes Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Building Homes For Heroes Inc's tax-exempt status?
You can verify Building Homes For Heroes Inc's tax-exempt status using EIN 204540852 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
Building Homes For Heroes Inc. demonstrates consistent financial activity, with revenues and expenses generally in the range of $10-13 million over the past several years, peaking at $17.5 million in 2015. The organization maintains a healthy asset base, consistently above $14 million, indicating financial stability. A notable strength is the reported 0% officer compensation across all available filings, which suggests a strong commitment to directing funds towards its mission rather than executive salaries. This practice significantly enhances its transparency and public trust.
While specific program spending ratios are not provided in the raw data, the consistent operational scale and asset growth suggest effective management of resources. The organization's liabilities have generally been well-managed relative to its assets, with recent periods showing lower liability figures, further reinforcing financial health. The absence of officer compensation is a key indicator of efficiency and a donor-centric approach.
Overall, Building Homes For Heroes appears to be a financially sound organization with a commendable approach to executive compensation, which contributes positively to its transparency and perceived efficiency. Its consistent operations and asset accumulation suggest a stable and well-managed entity focused on its mission.