Consistent operating deficits (expenses exceeding revenue) from 2014-2019.
Declining asset base over the past decade, from nearly $3 million to $2.3 million.
Strengths
Consistent reporting of 0% officer compensation, indicating high dedication to mission.
Maintains a substantial asset base ($2,375,643) despite operating deficits, providing a buffer.
NTEE code L20Z (Housing Development, Construction & Management) suggests a focused mission.
Spending Breakdown
How Cheshire Housing Trust Inc 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 Cheshire Housing Trust Inc
Is Cheshire Housing Trust Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cheshire Housing Trust Inc (EIN: 20418158) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Cheshire Housing Trust Inc a good charity to donate to?
Cheshire Housing Trust Inc has a Mission Score of 85/100. Revenue: $536K. Assets: $2.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cheshire Housing Trust Inc?
The Employer Identification Number (EIN) for Cheshire Housing Trust Inc is 20418158. 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 Cheshire Housing Trust Inc spend its money?
Cheshire Housing Trust Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cheshire Housing Trust Inc's tax-exempt status?
You can verify Cheshire Housing Trust Inc's tax-exempt status using EIN 20418158 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
Cheshire Housing Trust Inc. demonstrates consistent financial activity, with revenues generally in the range of $500,000 to $750,000 and assets consistently above $2.3 million. The organization has experienced operating deficits in recent years, with expenses exceeding revenue from 2014 to 2019. For instance, in 2019, expenses were $612,341 against revenues of $554,978, indicating a reliance on prior reserves or other funding sources to cover operational costs. Despite these deficits, the organization maintains a healthy asset base, suggesting long-term stability, though the trend of declining assets from $2.9 million in 2011 to $2.3 million currently warrants attention. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to directing funds towards its mission and suggests a volunteer-led or very lean executive structure, which is a positive sign for donor confidence.