Is Healing Bridges Legit?

Quick charity verification for Healing Bridges (EIN: 205565778)

Verdict: Healing Bridges appears trustworthy

75/100Mission Score
$70KRevenue
$57KAssets
2Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Healing Bridges allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Healing Bridges

Is Healing Bridges a legitimate charity?

Based on AI analysis of IRS 990 filings, Healing Bridges (EIN: 205565778) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Healing Bridges a good charity to donate to?

Healing Bridges has a Mission Score of 75/100. Revenue: $70K. Assets: $57K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Healing Bridges?

The Employer Identification Number (EIN) for Healing Bridges is 205565778. 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 Healing Bridges spend its money?

Healing Bridges allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Healing Bridges's tax-exempt status?

You can verify Healing Bridges's tax-exempt status using EIN 205565778 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

Healing Bridges demonstrates a mixed financial picture. While the organization has consistently operated with revenues generally exceeding expenses in most years, the latest filing (202312) shows expenses ($93,777) significantly outstripping revenue ($65,246), resulting in a deficit. This recent trend warrants closer examination to understand if it's an anomaly or a new operational challenge. The organization's assets have fluctuated, peaking at $102,514 in 202212 before declining to $73,979 in 202312, indicating some instability in its financial reserves. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 8 filings available. A notable positive is the consistent reporting of 0% officer compensation across all available periods, suggesting that leadership is not drawing a salary from the organization, which can be a strong indicator of volunteer-driven efforts and a commitment to directing funds towards the mission. However, without a detailed breakdown of expenses (e.g., program, administrative, fundraising) from the provided data, a full assessment of spending efficiency is challenging. Overall, Healing Bridges appears to be a small, community-focused organization, as indicated by its revenue and asset size. The lack of officer compensation is a significant strength for donor confidence. However, the recent deficit in 202312 and fluctuating asset base suggest a need for careful financial management to ensure long-term sustainability. Further details on expense allocation would be necessary for a more precise evaluation of spending efficiency.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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