No specific red flags identified based on the provided financial data.
Strengths
Consistent revenue growth, from $462,379 in 2015 to $797,032 in 2024.
Significant asset growth, particularly from $1.84M in 2023 to $3.51M in 2024.
0% reported officer compensation across all filings, indicating efficient use of funds.
Healthy financial position with assets generally exceeding liabilities.
Strong program focus implied by low administrative overhead.
Spending Breakdown
How Emc Affordable Housing Preservation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Emc Affordable Housing Preservation
Is Emc Affordable Housing Preservation a legitimate charity?
Based on AI analysis of IRS 990 filings, Emc Affordable Housing Preservation (EIN: 10538683) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Emc Affordable Housing Preservation a good charity to donate to?
Emc Affordable Housing Preservation has a Mission Score of 92/100. Revenue: $1.0M. Assets: $3.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Emc Affordable Housing Preservation?
The Employer Identification Number (EIN) for Emc Affordable Housing Preservation is 10538683. 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 Emc Affordable Housing Preservation spend its money?
Emc Affordable Housing Preservation allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Emc Affordable Housing Preservation's tax-exempt status?
You can verify Emc Affordable Housing Preservation's tax-exempt status using EIN 10538683 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
Emc Affordable Housing Preservation demonstrates consistent financial growth and a strong commitment to its program services, as evidenced by its latest filing showing revenue of $797,032 against expenses of $738,368. The organization has maintained a healthy financial position, with assets growing significantly from $1,842,662 in 2023 to $3,516,916 in 2024, indicating effective asset management and potentially new acquisitions or investments in its mission.
The organization's spending efficiency appears robust, with a substantial portion of its expenses directed towards program services. The absence of reported officer compensation across all available filings suggests a volunteer-driven leadership or that compensation is covered by a related entity, which can contribute to lower administrative overhead. This structure, combined with a consistent track record of managing liabilities relative to assets, points to a well-managed and financially stable operation focused on its mission of affordable housing preservation. The consistent growth in revenue and assets over the past several years further underscores its sustainability and capacity to expand its impact.