Quick charity verification for Harvey House Ltd (EIN: 10601611)
Verdict: Harvey House Ltd has notable concerns
35/100Mission Score
$0Revenue
$0Assets
4Red Flags
1Strengths
Red Flags
Consistent operating deficits across all reported years (e.g., $14,040 loss in 2014).
Liabilities consistently exceed assets, indicating potential insolvency (e.g., $748,572 liabilities vs. $576,008 assets in 2014).
Declining assets over the reporting period (e.g., from $620,099 in 2011 to $576,008 in 2014).
Latest reported revenue and assets are $0, suggesting potential cessation of operations.
Strengths
No officer compensation reported, indicating efficient use of funds at the executive level.
Spending Breakdown
How Harvey House Ltd 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 Harvey House Ltd
Is Harvey House Ltd a legitimate charity?
Based on AI analysis of IRS 990 filings, Harvey House Ltd (EIN: 10601611) has notable concerns. Mission Score: 35/100. 4 red flags identified, 1 strength noted.
Is Harvey House Ltd a good charity to donate to?
Harvey House Ltd has a Mission Score of 35/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Harvey House Ltd?
The Employer Identification Number (EIN) for Harvey House Ltd is 10601611. 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 Harvey House Ltd spend its money?
Harvey House Ltd allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Harvey House Ltd's tax-exempt status?
You can verify Harvey House Ltd's tax-exempt status using EIN 10601611 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
Harvey House Ltd appears to be in a challenging financial position, consistently operating at a deficit over the past four reported years. In 2014, the organization reported revenues of $49,518 against expenses of $63,558, indicating a net loss. This trend is consistent across all available filings, with expenses regularly exceeding revenues. The organization also carries significant liabilities, which have consistently exceeded its assets, suggesting potential solvency concerns. For instance, in 2014, liabilities were $748,572 compared to assets of $576,008.
Given the reported $0 revenue and $0 assets in the latest data, it's possible the organization has ceased operations or is in a dormant state. The historical data shows a pattern of declining assets and increasing liabilities, further highlighting financial instability. Without more recent detailed filings, it's difficult to assess current spending efficiency or program focus, but the historical data points to an organization struggling to cover its operational costs.
Transparency is moderately good given the available filings, but the lack of recent financial activity (as indicated by $0 revenue and assets) raises questions about its current status. The consistent reporting of 0% officer compensation across all filings is a positive note regarding executive pay, but the overall financial health remains a significant concern.