Quick charity verification for Haines Assisted Living Inc (EIN: 205805082)
Verdict: Haines Assisted Living Inc shows mixed signals
45/100Mission Score
$469KRevenue
$3.6MAssets
4Red Flags
3Strengths
Red Flags
Consistent and significant operational deficits (expenses exceeding revenue) in recent years (e.g., 2023, 2022, 2021, 2019, 2018, 2017).
Substantial decline in total assets from $13.6 million in 2016 to $3.8 million in 2023, indicating significant asset depletion.
Unusually high expenses relative to revenue in 2020 ($8,420,532 expenses vs. $909,779 revenue) without clear explanation in the provided data.
Low liabilities relative to assets, which could indicate a lack of external financing or a strong reliance on internal funds, but in this context, it might also reflect a shrinking operational footprint.
Strengths
Consistently reports 0% officer compensation, indicating no direct executive salary burden.
Historically managed significant assets, suggesting past capacity for large-scale operations.
Low liabilities in recent years, indicating minimal debt burden.
Spending Breakdown
How Haines Assisted Living 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 Haines Assisted Living Inc
Is Haines Assisted Living Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Haines Assisted Living Inc (EIN: 205805082) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 3 strengths noted.
Is Haines Assisted Living Inc a good charity to donate to?
Haines Assisted Living Inc has a Mission Score of 45/100. Revenue: $469K. Assets: $3.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Haines Assisted Living Inc?
The Employer Identification Number (EIN) for Haines Assisted Living Inc is 205805082. 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 Haines Assisted Living Inc spend its money?
Haines Assisted Living Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Haines Assisted Living Inc's tax-exempt status?
You can verify Haines Assisted Living Inc's tax-exempt status using EIN 205805082 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
Haines Assisted Living Inc. exhibits concerning financial trends, particularly a consistent pattern of expenses significantly exceeding revenue in recent years. For example, in 2023, expenses were $747,528 against revenues of $404,142, and in 2022, expenses were $982,711 against revenues of $582,782. This indicates an unsustainable operational model if not supported by substantial reserves or other non-operating income. The organization's assets have also seen a substantial decline from a peak of over $13 million in 2016-2018 to $3.8 million in 2023, suggesting significant asset utilization or divestment without corresponding revenue generation. While officer compensation is consistently reported as 0%, which is a positive for transparency regarding executive pay, the overall financial health appears to be deteriorating, raising questions about long-term viability and funding sources.