Is Eagle Realty Holdings Inc Legit?

Quick charity verification for Eagle Realty Holdings Inc (EIN: 113053106)

Verdict: Eagle Realty Holdings Inc shows mixed signals

65/100Mission Score

$2.8MRevenue

$5.8MAssets

4Red Flags

3Strengths

Red Flags

Unknown NTEE code, making it difficult to understand the organization's charitable purpose.
Significant fluctuation in assets and liabilities without clear explanation in the provided data.
Consistent 0% officer compensation, which may obscure actual leadership costs if compensation is reported elsewhere.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data.

Strengths

Consistent revenue generation exceeding expenses, indicating operational stability.
Positive net assets across all reported periods, suggesting financial solvency.
History of 13 filings, indicating consistent compliance with IRS reporting requirements.

Spending Breakdown

How Eagle Realty Holdings Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Eagle Realty Holdings Inc

Is Eagle Realty Holdings Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Eagle Realty Holdings Inc (EIN: 113053106) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.

Is Eagle Realty Holdings Inc a good charity to donate to?

Eagle Realty Holdings Inc has a Mission Score of 65/100. Revenue: $2.8M. Assets: $5.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Eagle Realty Holdings Inc?

The Employer Identification Number (EIN) for Eagle Realty Holdings Inc is 113053106. 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 Eagle Realty Holdings Inc spend its money?

Eagle Realty Holdings Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Eagle Realty Holdings Inc's tax-exempt status?

You can verify Eagle Realty Holdings Inc's tax-exempt status using EIN 113053106 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

Eagle Realty Holdings Inc. demonstrates consistent financial activity, with revenues generally exceeding expenses across the past decade, indicating a stable operational model. For instance, in 2023, revenue was $2,952,320 against expenses of $2,306,076, resulting in a surplus. The organization's assets have fluctuated, showing a significant increase from $7,287,030 in 2016 to a peak of $10,477,968 in 2021, before declining to $5,557,524 in 2023. This fluctuation in assets, particularly the recent decrease, warrants further investigation to understand the underlying causes, such as asset sales or revaluations.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent surplus suggests that the organization is managing its overall expenditures within its revenue streams. The absence of reported officer compensation across all filings is a notable aspect, potentially indicating a volunteer-led executive structure or compensation being reported under other expense categories, which would impact transparency.

Overall, while the organization appears financially stable with consistent revenue generation, the lack of detailed expense categorization in the provided data limits a comprehensive assessment of spending efficiency and program focus. The significant changes in asset values also present an area for deeper inquiry to fully understand the organization's financial strategy and health.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.