Quick charity verification for Covenant House Alaska (EIN: 133419755)
Verdict: Covenant House Alaska appears trustworthy
90/100Mission Score
$15.3MRevenue
$33.5MAssets
1Red Flags
4Strengths
Red Flags
Revenue fluctuations: The significant drop in revenue from $22.3 million in 2022 to $15.4 million in 2023 could indicate reliance on variable funding sources or one-time grants that may not be sustainable.
Strengths
Strong asset growth: Assets increased from $23.5 million in 2014 to $34.9 million in 2023, indicating robust financial stability.
No reported officer compensation: Consistently reporting 0% officer compensation across all filings demonstrates exceptional transparency and dedication to mission.
Healthy asset-to-liability ratio: With $34.9 million in assets and $7.3 million in liabilities in 2023, the organization maintains a strong financial cushion.
Consistent filing history: A long history of 13 IRS 990 filings indicates good compliance and transparency.
Spending Breakdown
How Covenant House Alaska 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 Covenant House Alaska
Is Covenant House Alaska a legitimate charity?
Based on AI analysis of IRS 990 filings, Covenant House Alaska (EIN: 133419755) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Covenant House Alaska a good charity to donate to?
Covenant House Alaska has a Mission Score of 90/100. Revenue: $15.3M. Assets: $33.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Covenant House Alaska?
The Employer Identification Number (EIN) for Covenant House Alaska is 133419755. 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 Covenant House Alaska spend its money?
Covenant House Alaska allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Covenant House Alaska's tax-exempt status?
You can verify Covenant House Alaska's tax-exempt status using EIN 133419755 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
Covenant House Alaska demonstrates a generally strong financial position with substantial assets relative to its liabilities, indicating good long-term stability. The organization has shown significant growth in revenue and assets over the past decade, with assets increasing from $23.5 million in 2014 to $34.9 million in 2023. While there have been fluctuations in annual revenue and expenses, such as the notable revenue spike to $22.3 million in 2022 followed by a decrease to $15.4 million in 2023, the overall trend is positive. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency and a commitment to directing resources towards its mission rather than executive pay, which is a significant positive indicator for donors. The organization's NTEE code P300 (Youth Development, Shelter, and Crisis Services) aligns well with its mission, and the financial data supports its capacity to deliver on these services.