Is Everlasting Pine Housing Development Fund Company Inc Legit?

Quick charity verification for Everlasting Pine Housing Development Fund Company Inc (EIN: 133218852)

Verdict: Everlasting Pine Housing Development Fund Company Inc appears trustworthy

75/100Mission Score

$2.8MRevenue

$3.0MAssets

2Red Flags

4Strengths

Red Flags

Consistent high liabilities significantly outweighing assets (e.g., $7,438,154 liabilities vs. $2,605,383 assets in 2023).
Periods where expenses exceeded revenue, indicating potential operational deficits (e.g., 2020 expenses $1,832,908 vs. revenue $1,751,725).

Strengths

Consistent 0% reported officer compensation across all filings, indicating strong financial stewardship regarding executive pay.
Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Stable revenue generation over the past decade, with a recent increase to $2,774,824.
Substantial asset base of $2,993,810, providing a foundation for its housing development activities.

Spending Breakdown

How Everlasting Pine Housing Development Fund Company 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 Everlasting Pine Housing Development Fund Company Inc

Is Everlasting Pine Housing Development Fund Company Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Everlasting Pine Housing Development Fund Company Inc (EIN: 133218852) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is Everlasting Pine Housing Development Fund Company Inc a good charity to donate to?

Everlasting Pine Housing Development Fund Company Inc has a Mission Score of 75/100. Revenue: $2.8M. Assets: $3.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Everlasting Pine Housing Development Fund Company Inc?

The Employer Identification Number (EIN) for Everlasting Pine Housing Development Fund Company Inc is 133218852. 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 Everlasting Pine Housing Development Fund Company Inc spend its money?

Everlasting Pine Housing Development Fund Company Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Everlasting Pine Housing Development Fund Company Inc's tax-exempt status?

You can verify Everlasting Pine Housing Development Fund Company Inc's tax-exempt status using EIN 133218852 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

Everlasting Pine Housing Development Fund Company Inc demonstrates consistent revenue generation, averaging around $1.6 million annually over the past decade, with a notable increase to $2,774,824 in its latest reported period. The organization consistently spends close to its revenue, with expenses often exceeding revenue in several past periods, such as 2020 ($1,832,908 expenses vs. $1,751,725 revenue) and 2019 ($1,774,683 expenses vs. $1,611,670 revenue). This indicates a tight operational budget and reliance on consistent funding. The organization's assets have fluctuated but remain substantial at $2,993,810, though they are significantly outweighed by liabilities, which have consistently been in the $7-8 million range, reaching $7,438,154 in 2023. This high liability-to-asset ratio suggests significant debt, likely related to its housing development activities.

The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available. A key aspect of its financial health and transparency is the reported 0% officer compensation across all available filings. This indicates that the organization's leadership is either unpaid or compensated through other means not categorized as officer compensation, which can be a positive sign for donor confidence regarding administrative overhead. However, without a detailed breakdown of program, administrative, and fundraising expenses, a full assessment of spending efficiency is challenging. The consistent operational deficits in some years suggest a need for careful financial management to ensure long-term sustainability.

Overall, Everlasting Pine Housing Development Fund Company Inc appears to be a stable organization in terms of revenue and asset base, but its high liabilities warrant close monitoring. The lack of officer compensation is a strong positive for transparency and efficiency. Further details on expense allocation would provide a clearer picture of its spending efficiency.

View Full Transparency Report →

Disclaimer

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