Is East Bay Housing Options Inc Legit? —…

Spending Breakdown

How East Bay Housing Options 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

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 East Bay Housing Options Inc

Is East Bay Housing Options Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, East Bay Housing Options Inc (EIN: 10729022) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is East Bay Housing Options Inc a good charity to donate to?

East Bay Housing Options Inc has a Mission Score of 75/100. Revenue: $132K. Assets: $916K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for East Bay Housing Options Inc?

The Employer Identification Number (EIN) for East Bay Housing Options Inc is 10729022. 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 East Bay Housing Options Inc spend its money?

East Bay Housing Options Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify East Bay Housing Options Inc's tax-exempt status?

You can verify East Bay Housing Options Inc's tax-exempt status using EIN 10729022 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

East Bay Housing Options Inc. appears to be a small, community-focused organization with a consistent operational history. The organization has maintained a stable asset base, though it has seen a gradual decline from $1,232,130 in 2014 to $979,754 in 2023. A notable aspect of its financial health is the consistent deficit spending, with expenses regularly exceeding revenue. For instance, in 2023, expenses were $165,291 against revenues of $128,443, and this trend is visible across all reported years. This sustained deficit spending, while not immediately critical given its asset base, warrants closer examination to understand how it is being funded and its long-term sustainability.

Regarding spending efficiency, the provided data indicates 0% officer compensation across all filings, suggesting a volunteer-led or very lean administrative structure at the executive level. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess efficiency. However, the absence of executive compensation is a positive indicator for resource allocation directly to mission-related activities. The organization's transparency is good in terms of filing its IRS 990s consistently, providing a clear historical record of its financial position.

The organization's liabilities have fluctuated significantly, peaking around $1.5 million in 2014-2016 and then dropping substantially to $221,777 in 2023. This reduction in liabilities is a positive development, improving the organization's overall financial stability. The consistent revenue generation, albeit often less than expenses, suggests a reliable, albeit modest, funding stream. The NTEE code P70 (Housing & Shelter) aligns with its name, indicating a clear program focus.

Is East Bay Housing Options Inc Legit?

Verdict: East Bay Housing Options Inc appears trustworthy

Red Flags

Strengths