Quick charity verification for Global Housing Foundation Inc (EIN: 208065632)
Verdict: Global Housing Foundation Inc has notable concerns
30/100Mission Score
$4KRevenue
$62KAssets
4Red Flags
2Strengths
Red Flags
Consistent and significant operational deficits (e.g., $1,639 revenue vs. $50,350 expenses in 2023).
Declining asset base over several years (from $171,754 in 2020 to $104,018 in 2023).
Highly volatile revenue streams, making financial planning difficult.
Expenses significantly outweighing revenue in most recent filings.
Strengths
0% officer compensation reported across all filings, indicating leadership is not drawing a salary.
Long operational history with 12 filings, suggesting commitment despite financial challenges.
Spending Breakdown
How Global Housing Foundation 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 Global Housing Foundation Inc
Is Global Housing Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Global Housing Foundation Inc (EIN: 208065632) has notable concerns. Mission Score: 30/100. 4 red flags identified, 2 strengths noted.
Is Global Housing Foundation Inc a good charity to donate to?
Global Housing Foundation Inc has a Mission Score of 30/100. Revenue: $4K. Assets: $62K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Global Housing Foundation Inc?
The Employer Identification Number (EIN) for Global Housing Foundation Inc is 208065632. 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 Global Housing Foundation Inc spend its money?
Global Housing Foundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Global Housing Foundation Inc's tax-exempt status?
You can verify Global Housing Foundation Inc's tax-exempt status using EIN 208065632 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
Global Housing Foundation Inc. appears to be in a precarious financial state, marked by a consistent pattern of expenses significantly exceeding revenue in recent years. For instance, in 2023, the organization reported revenue of $1,639 against expenses of $50,350, indicating a substantial deficit. This trend is not isolated, with similar disparities observed in 2022 ($12,588 revenue vs. $23,534 expenses) and 2021 ($2,293 revenue vs. $10,372 expenses). The organization's assets have also seen a notable decline, from $171,754 in 2020 to $104,018 in 2023, suggesting a depletion of reserves to cover operational costs.
The lack of detailed expense breakdowns in the provided data makes it challenging to fully assess spending efficiency across programs, administration, and fundraising. However, the consistent operational deficits raise concerns about the sustainability of its current financial model. The organization's transparency regarding executive compensation is positive, with 0% officer compensation reported across all available filings, indicating that leadership is not drawing a salary from the organization's limited funds. Despite this, the overall financial health is weak, and the organization's ability to achieve its mission effectively is likely hampered by its ongoing financial struggles.
Given the significant and recurring deficits, Global Housing Foundation Inc. faces substantial challenges in maintaining its operations and achieving its stated goals. The organization's reliance on dwindling assets to cover expenses is not sustainable long-term. A more detailed look into the nature of its expenses would be necessary to determine if the spending is primarily program-related or if administrative costs are disproportionately high, but the overall financial picture suggests a need for significant strategic and financial restructuring.