Quick charity verification for Building Hope Real Estate (EIN: 203209538)
Verdict: Building Hope Real Estate appears trustworthy
80/100Mission Score
$8.6MRevenue
$102.3MAssets
2Red Flags
4Strengths
Red Flags
Consistent reporting of 0% officer compensation for an organization of this size, which is unusual and warrants further scrutiny into how leadership is compensated or if it's entirely volunteer-run.
Expenses exceeding revenue in recent years (e.g., 2023: $10.2M expenses vs $6.8M revenue), indicating reliance on reserves or other funding sources.
Strengths
Strong asset base, consistently exceeding $100 million in recent years, indicating financial stability.
Significant growth in assets over the past decade, from $7.9 million in 2014 to $145.5 million in 2023.
Positive net assets (Assets minus Liabilities) consistently maintained, demonstrating solvency.
No reported officer compensation, potentially indicating highly efficient use of funds or a strong volunteer leadership model.
Spending Breakdown
How Building Hope Real Estate 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 Building Hope Real Estate
Is Building Hope Real Estate a legitimate charity?
Based on AI analysis of IRS 990 filings, Building Hope Real Estate (EIN: 203209538) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
Is Building Hope Real Estate a good charity to donate to?
Building Hope Real Estate has a Mission Score of 80/100. Revenue: $8.6M. Assets: $102.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Building Hope Real Estate?
The Employer Identification Number (EIN) for Building Hope Real Estate is 203209538. 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 Hope Real Estate spend its money?
Building Hope Real Estate allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Building Hope Real Estate's tax-exempt status?
You can verify Building Hope Real Estate's tax-exempt status using EIN 203209538 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 Hope Real Estate demonstrates a generally stable financial position, with assets consistently exceeding liabilities, indicating solvency. Over the past five years (2019-2023), the organization has maintained substantial assets, growing from $98.4 million in 2019 to $145.5 million in 2023. While revenue has fluctuated, peaking at $11.2 million in 2020 and dropping to $6.8 million in 2023, the organization has managed significant expenses, often exceeding revenue in recent years, such as in 2023 where expenses were $10.2 million against $6.8 million in revenue. This suggests reliance on prior year surpluses or other funding sources to cover operational costs.
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 reporting of 0% officer compensation across all available filings is a strong indicator of transparency and potentially efficient use of funds, as it suggests that the organization's leadership is either unpaid or compensated through other means not categorized as officer compensation, which is unusual for an organization of this size. This practice, if it means volunteer leadership, could significantly reduce administrative overhead.
Overall, Building Hope Real Estate appears to be a financially robust organization with substantial assets. The lack of reported officer compensation is a notable point regarding transparency and potential efficiency. Further detailed expense breakdowns would be necessary to fully evaluate spending efficiency across program, administrative, and fundraising categories.