Quick charity verification for Centerpointe Housing Corporation I (EIN: 205966956)
Verdict: Centerpointe Housing Corporation I shows mixed signals
65/100Mission Score
$66KRevenue
$1.0MAssets
3Red Flags
3Strengths
Red Flags
Consistent annual operating deficits (expenses exceeding revenue in all reported periods).
Steady decline in total assets over the past decade, from $1,223,600 in 2014 to $1,019,289 in 2023.
Lack of detailed expense breakdown (program vs. admin vs. fundraising) in the provided summary data, making efficiency analysis difficult.
Strengths
No reported officer compensation, indicating efficient use of funds at the executive level.
Maintains over $1 million in assets, providing a buffer despite consistent deficits.
Consistent filing history (12 filings), indicating good compliance and transparency in reporting.
Spending Breakdown
How Centerpointe Housing Corporation I allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Centerpointe Housing Corporation I
Is Centerpointe Housing Corporation I a legitimate charity?
Based on AI analysis of IRS 990 filings, Centerpointe Housing Corporation I (EIN: 205966956) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Centerpointe Housing Corporation I a good charity to donate to?
Centerpointe Housing Corporation I has a Mission Score of 65/100. Revenue: $66K. Assets: $1.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Centerpointe Housing Corporation I?
The Employer Identification Number (EIN) for Centerpointe Housing Corporation I is 205966956. 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 Centerpointe Housing Corporation I spend its money?
Centerpointe Housing Corporation I allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Centerpointe Housing Corporation I's tax-exempt status?
You can verify Centerpointe Housing Corporation I's tax-exempt status using EIN 205966956 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
Centerpointe Housing Corporation I consistently operates with an annual deficit, with expenses exceeding revenue in every reported period. For example, in 2023, expenses were $91,363 against revenues of $50,249, indicating a reliance on existing assets or other funding sources not reflected in annual revenue. While the organization maintains over $1 million in assets, these have been steadily declining over the past decade, from $1,223,600 in 2014 to $1,019,289 in 2023, suggesting that deficits are being covered by drawing down reserves.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent operational deficits raise concerns about long-term financial sustainability if current trends continue. Transparency appears to be good in terms of filing history, with 12 filings available, and the absence of officer compensation simplifies the analysis of executive pay.
Overall, Centerpointe Housing Corporation I appears to be a small organization with a consistent mission, but its financial health shows signs of strain due to persistent operating deficits. While assets are substantial, their continuous decline warrants closer examination of the organization's funding model and expense management to ensure its long-term viability.