Is George Daly Housing Development Fund Company Inc Legit?
Quick charity verification for George Daly Housing Development Fund Company Inc (EIN: 133535818)
Verdict: George Daly Housing Development Fund Company Inc appears trustworthy
85/100Mission Score
$2.9MRevenue
$1.2MAssets
2Red Flags
3Strengths
Red Flags
Significant and unexplained fluctuation in assets over time, particularly the sharp decline after 2017.
Consistent reporting of 0% officer compensation, which is unusual for an organization with multi-million dollar revenues and expenses.
Strengths
Consistent revenue generation over multiple years, indicating stable operational funding.
Expenses closely align with revenues, suggesting efficient financial management and a lean operational structure.
No reported officer compensation, potentially indicating a high dedication of funds directly to the mission or volunteer leadership.
Spending Breakdown
How George Daly Housing Development Fund Company Inc 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 George Daly Housing Development Fund Company Inc
Is George Daly Housing Development Fund Company Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, George Daly Housing Development Fund Company Inc (EIN: 133535818) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is George Daly Housing Development Fund Company Inc a good charity to donate to?
George Daly Housing Development Fund Company Inc has a Mission Score of 85/100. Revenue: $2.9M. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for George Daly Housing Development Fund Company Inc?
The Employer Identification Number (EIN) for George Daly Housing Development Fund Company Inc is 133535818. 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 George Daly Housing Development Fund Company Inc spend its money?
George Daly Housing Development Fund Company Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify George Daly Housing Development Fund Company Inc's tax-exempt status?
You can verify George Daly Housing Development Fund Company Inc's tax-exempt status using EIN 133535818 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
George Daly Housing Development Fund Company Inc demonstrates consistent financial activity with revenues closely matching expenses across all reported periods. For example, in 2023, revenue was $2,650,432 against expenses of $2,662,152, indicating a lean operational model. The organization's assets have fluctuated significantly over the years, from a high of $6,221,421 in 2017 to a low of $222,435 in 2022, before recovering to $915,056 in 2023. This volatility in assets, particularly the sharp decline after 2017, warrants further investigation to understand the underlying causes and their impact on long-term stability. The consistent reporting of 0% officer compensation across all filings suggests a strong commitment to directing funds towards its mission, or that executive compensation is handled through a related entity or not reported as direct officer compensation on the 990.