Quick charity verification for Eastern Lakes Region Housing Coalition (EIN: 203167232)
Verdict: Eastern Lakes Region Housing Coalition appears trustworthy
95/100Mission Score
$137KRevenue
$1.1MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero officer compensation, indicating a volunteer-driven model and high efficiency.
Consistent growth in assets, reaching $1,115,283 in 2024, demonstrating financial stability.
Very low expense ratio relative to revenue, allowing for asset accumulation and program investment.
Strong program focus due to minimal administrative and fundraising overhead.
Healthy financial reserves with assets significantly exceeding liabilities ($1,115,283 assets vs. $258,467 liabilities in 2024).
Spending Breakdown
How Eastern Lakes Region Housing Coalition allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
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 Eastern Lakes Region Housing Coalition
Is Eastern Lakes Region Housing Coalition a legitimate charity?
Based on AI analysis of IRS 990 filings, Eastern Lakes Region Housing Coalition (EIN: 203167232) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Eastern Lakes Region Housing Coalition a good charity to donate to?
Eastern Lakes Region Housing Coalition has a Mission Score of 95/100. Revenue: $137K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Eastern Lakes Region Housing Coalition?
The Employer Identification Number (EIN) for Eastern Lakes Region Housing Coalition is 203167232. 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 Eastern Lakes Region Housing Coalition spend its money?
Eastern Lakes Region Housing Coalition allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Eastern Lakes Region Housing Coalition's tax-exempt status?
You can verify Eastern Lakes Region Housing Coalition's tax-exempt status using EIN 203167232 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
The Eastern Lakes Region Housing Coalition demonstrates strong financial health and a commendable commitment to its mission, as evidenced by its IRS 990 filings. The organization consistently maintains a healthy asset base, growing from $755,690 in 2020 to $1,115,283 in 2024, indicating sound financial management and stability. Its revenue streams have shown fluctuations but generally support its operational expenses, with the latest reported revenue at $71,123 against expenses of $23,445 in 2024, resulting in a significant surplus that contributes to its asset growth.
The organization exhibits excellent spending efficiency, with a very low proportion of expenses dedicated to administrative and fundraising activities. The absence of officer compensation across all reported periods is a significant indicator of efficiency and a volunteer-driven model, allowing a greater percentage of funds to be directed towards program services. This lean operational structure suggests that the vast majority of its resources are directly applied to its housing initiatives.
Transparency is high, with consistent annual filings and clear financial reporting. The consistent growth in assets relative to liabilities, with assets at $1,115,283 and liabilities at $258,467 in 2024, further underscores its financial prudence and long-term viability. The organization's financial practices appear to be well-managed, prioritizing program delivery and asset building over overhead.