Quick charity verification for Bywater Mutual Homes Inc (EIN: 130816700)
Verdict: Bywater Mutual Homes Inc appears trustworthy
85/100Mission Score
$4.1MRevenue
$12.3MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial stability with revenues generally exceeding expenses.
Steady growth in assets, from $10,246,267 in 2014 to $12,268,750 in 2023.
No reported officer compensation across all filings, indicating high efficiency or volunteer leadership.
Consistent IRS 990 filing history over 13 periods, demonstrating transparency and accountability.
Prudent management of liabilities, which have remained relatively stable over the years.
Spending Breakdown
How Bywater Mutual Homes Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Bywater Mutual Homes Inc
Is Bywater Mutual Homes Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bywater Mutual Homes Inc (EIN: 130816700) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Bywater Mutual Homes Inc a good charity to donate to?
Bywater Mutual Homes Inc has a Mission Score of 85/100. Revenue: $4.1M. Assets: $12.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bywater Mutual Homes Inc?
The Employer Identification Number (EIN) for Bywater Mutual Homes Inc is 130816700. 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 Bywater Mutual Homes Inc spend its money?
Bywater Mutual Homes Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bywater Mutual Homes Inc's tax-exempt status?
You can verify Bywater Mutual Homes Inc's tax-exempt status using EIN 130816700 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
Bywater Mutual Homes Inc. demonstrates consistent financial operations, with revenues generally exceeding expenses over the past decade, contributing to a steady growth in assets from $10,246,267 in 2014 to $12,268,750 in 2023. The organization's liabilities have also remained relatively stable, indicating prudent financial management. A notable aspect of their financial health is the complete absence of reported officer compensation across all available filings, which suggests a volunteer-driven leadership or a compensation structure that is not reported under officer compensation on the 990, enhancing perceived efficiency.
While specific program spending details are not provided in the summary data, the consistent operational surplus and asset growth suggest a stable financial foundation. The lack of officer compensation is a significant positive indicator for spending efficiency, as it implies that a larger portion of funds can be directed towards the organization's mission. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is limited.
Transparency is generally good given the consistent filing history. The absence of officer compensation is a transparent disclosure, though further detail on how expenses are categorized would enhance understanding of their operational model. The organization's consistent financial reporting over 13 periods indicates a commitment to accountability.