Quick charity verification for Habitat P L U S Inc (EIN: 223029733)
Verdict: Habitat P L U S Inc shows mixed signals
65/100Mission Score
$877KRevenue
$165KAssets
4Red Flags
2Strengths
Red Flags
Consistent operating deficits over multiple years (e.g., 2023: revenue $569,824, expenses $599,399).
Significant decline in net assets from $113,417 in 2017 to $65,519 in 2023.
Total liabilities have increased from $12,541 in 2017 to $36,005 in 2023, indicating growing financial obligations.
The organization's financial health appears to be deteriorating, with expenses consistently outpacing revenue.
Strengths
Long-standing presence in Lynn, MA, indicating community roots.
Consistent revenue generation over several years, albeit often less than expenses.
Spending Breakdown
How Habitat P L U S Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Habitat P L U S Inc
Is Habitat P L U S Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Habitat P L U S Inc (EIN: 223029733) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 2 strengths noted.
Is Habitat P L U S Inc a good charity to donate to?
Habitat P L U S Inc has a Mission Score of 65/100. Revenue: $877K. Assets: $165K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Habitat P L U S Inc?
The Employer Identification Number (EIN) for Habitat P L U S Inc is 223029733. 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 Habitat P L U S Inc spend its money?
Habitat P L U S Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Habitat P L U S Inc's tax-exempt status?
You can verify Habitat P L U S Inc's tax-exempt status using EIN 223029733 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
Habitat P L U S Inc is a unknown nonprofit based in Lynn, Massachusetts, with reported revenue of $877K and assets of $165K. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 75% of spending goes to programs, 15% to administration, and 10% to fundraising. - Financial statements consistently show expenses exceeding revenue, leading to accumulated deficits.
- The organization's net assets have significantly declined from $113,417 in 2017 to $65,519 in 2023.
- The organization reports 0% compensation for its highest paid employees, which may indicate reliance on volunteers or underreporting. Executive compensation is reported as $0 across all available filings, which is unusual for an organization of this size and could suggest reliance on volunteer leadership or that compensation is being reported under other expense categories. Revenue has grown +8% across 13 filing periods.