Quick charity verification for Frye School Housing Development Inc (EIN: 10522954)
Verdict: Frye School Housing Development Inc appears trustworthy
85/100Mission Score
$287KRevenue
$1.4MAssets
2Red Flags
3Strengths
Red Flags
Consistent operating deficits, with expenses exceeding revenue in all reported periods.
Declining asset base over the past decade, from $1,664,446 in 2014 to $1,403,307 currently.
Strengths
Zero officer compensation, indicating volunteer leadership and efficient use of funds.
Strong program focus, with an estimated 90% of spending directed to programs.
Low liabilities relative to assets, suggesting good financial management of debt.
Spending Breakdown
How Frye School Housing Development Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Frye School Housing Development Inc
Is Frye School Housing Development Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Frye School Housing Development Inc (EIN: 10522954) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Frye School Housing Development Inc a good charity to donate to?
Frye School Housing Development Inc has a Mission Score of 85/100. Revenue: $287K. Assets: $1.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Frye School Housing Development Inc?
The Employer Identification Number (EIN) for Frye School Housing Development Inc is 10522954. 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 Frye School Housing Development Inc spend its money?
Frye School Housing Development Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Frye School Housing Development Inc's tax-exempt status?
You can verify Frye School Housing Development Inc's tax-exempt status using EIN 10522954 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
Frye School Housing Development Inc demonstrates consistent financial operations, with revenues and expenses remaining relatively stable over the past decade. The organization consistently reports zero officer compensation, which is a strong indicator of volunteer leadership and a commitment to directing funds towards its mission. However, the organization has consistently operated at a deficit, with expenses exceeding revenue in every reported period. For example, in 2023, expenses were $295,749 against revenues of $261,693. While assets remain substantial at $1,403,307, this sustained deficit spending could be a long-term concern if not addressed through increased revenue or reduced expenses. The lack of reported officer compensation enhances transparency and suggests efficient use of administrative resources.