Quick charity verification for Findlay House Inc (EIN: 132689955)
Verdict: Findlay House Inc shows mixed signals
60/100Mission Score
$1.8MRevenue
$3.1MAssets
3Red Flags
2Strengths
Red Flags
Consistent operational deficits (expenses exceeding revenue) over multiple years, e.g., $2,348,697 expenses vs. $1,874,274 revenue in 202403.
Increasing liabilities from $6,533,588 in 201703 to $7,534,267 in 202403.
Declining asset base from $5,817,631 in 201503 to $3,734,425 in 202403.
Strengths
Zero reported officer compensation across all filings, indicating strong commitment to resource allocation.
Long filing history (13 filings) demonstrates consistent compliance and transparency in reporting.
Spending Breakdown
How Findlay House Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Findlay House Inc
Is Findlay House Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Findlay House Inc (EIN: 132689955) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 2 strengths noted.
Is Findlay House Inc a good charity to donate to?
Findlay House Inc has a Mission Score of 60/100. Revenue: $1.8M. Assets: $3.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Findlay House Inc?
The Employer Identification Number (EIN) for Findlay House Inc is 132689955. 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 Findlay House Inc spend its money?
Findlay House Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Findlay House Inc's tax-exempt status?
You can verify Findlay House Inc's tax-exempt status using EIN 132689955 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
Findlay House Inc. demonstrates a consistent operational deficit over the past several years, with expenses frequently exceeding revenue. For instance, in the 202403 period, expenses were $2,348,697 against revenues of $1,874,274, indicating a significant shortfall. This trend is concerning as it suggests the organization may be relying on drawing down assets or increasing liabilities to cover operational costs. Indeed, liabilities have shown a notable increase from $6,533,588 in 201703 to $7,534,267 in 202403, while assets have generally declined from a peak of $5,817,631 in 201503 to $3,734,425 in 202403. This financial trajectory raises questions about long-term sustainability.
The organization's transparency regarding executive compensation is strong, with 0% reported officer compensation across all available filings. This indicates that the organization's leadership is not drawing a salary, which is a positive sign for donor confidence and resource allocation directly to programs. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The consistent operational deficits, coupled with increasing liabilities and decreasing assets, suggest a need for a strategic review of financial management and fundraising efforts to ensure the organization's future viability.