Quick charity verification for Diversity Health Center Inc (EIN: 205746618)
Verdict: Diversity Health Center Inc appears trustworthy
85/100Mission Score
$6.0MRevenue
$8.8MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which may obscure executive remuneration if categorized elsewhere.
Strengths
Consistent and significant revenue growth over the past decade, from $2,053,928 in 2014 to $7,502,321 in 2023.
Strong asset accumulation, growing from $795,632 in 2014 to $9,326,277 in 2023, indicating financial stability.
Expenses consistently lower than revenue, demonstrating sound financial management and contributing to reserves.
Positive net income reported in every filing period, reinforcing financial health.
Spending Breakdown
How Diversity Health Center 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 Diversity Health Center Inc
Is Diversity Health Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Diversity Health Center Inc (EIN: 205746618) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Diversity Health Center Inc a good charity to donate to?
Diversity Health Center Inc has a Mission Score of 85/100. Revenue: $6.0M. Assets: $8.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Diversity Health Center Inc?
The Employer Identification Number (EIN) for Diversity Health Center Inc is 205746618. 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 Diversity Health Center Inc spend its money?
Diversity Health Center Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Diversity Health Center Inc's tax-exempt status?
You can verify Diversity Health Center Inc's tax-exempt status using EIN 205746618 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
Diversity Health Center Inc demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past decade, the organization has seen its revenue grow significantly, from $2,053,928 in 2014 to $7,502,321 in 2023, indicating strong fundraising or service delivery capabilities. Assets have also grown substantially, reaching $9,326,277 in 2023, which provides a solid financial foundation. The organization consistently reports a positive net income, with revenues exceeding expenses in all reported periods, contributing to asset accumulation.
While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the consistent positive net income suggests efficient management of resources. The absence of reported officer compensation across all filings is a notable aspect of its financial structure, potentially indicating a volunteer-led executive team or compensation being reported under other categories. This could be a strength in terms of minimizing overhead, but also warrants further investigation for complete transparency.
Overall, Diversity Health Center Inc exhibits strong financial health with a clear growth trajectory. The consistent increase in assets and revenue, coupled with expenses consistently lower than revenue, points to a well-managed organization. Further detail on functional expenses would enhance the assessment of spending efficiency, but the current data suggests a financially stable and growing entity.