Is Heights Casino Inc Legit?

Red Flags

Consistently reporting 0% officer compensation for a multi-million dollar organization, which may obscure actual management costs.
Frequent operation with expenses exceeding revenue (e.g., 202308, 202208), potentially indicating reliance on reserves or other funding sources.
Unknown NTEE code, making it difficult to assess its charitable purpose and compare efficiency against peers.
Significant increase in liabilities from $1,869,065 in 2014 to $4,118,419 in 2023 without clear explanation in the provided data.

Spending Breakdown

How Heights Casino Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Heights Casino Inc

Is Heights Casino Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Heights Casino Inc (EIN: 110868220) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.

Is Heights Casino Inc a good charity to donate to?

Heights Casino Inc has a Mission Score of 65/100. Revenue: $8.8M. Assets: $8.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Heights Casino Inc?

The Employer Identification Number (EIN) for Heights Casino Inc is 110868220. 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 Heights Casino Inc spend its money?

Heights Casino Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Heights Casino Inc's tax-exempt status?

You can verify Heights Casino Inc's tax-exempt status using EIN 110868220 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

Heights Casino Inc. appears to be a social or recreational club rather than a traditional public charity, given its NTEE code is unknown and its financial activities. The organization consistently reports zero officer compensation across all available filings, which is unusual for an entity with revenues exceeding $5 million annually. This could indicate that officers are volunteers, or compensation is structured in a way not reported as 'officer compensation' on the 990, which warrants further investigation for full transparency. The organization has shown consistent revenue generation, with the latest reported revenue at $6,630,812 for the 202308 period. However, it frequently operates with expenses slightly exceeding revenue, as seen in 202308 where expenses were $6,687,247 against $6,630,812 in revenue, and in 202208 where expenses were $6,263,582 against $5,747,844 in revenue. This trend of operating at a slight deficit suggests a focus on breaking even rather than accumulating significant surpluses, which is common for member-based organizations. The organization's assets have grown from $6,081,512 in 2014 to $8,389,999 in 2023, indicating financial stability and growth in its resource base. Liabilities have also increased, from $1,869,065 in 2014 to $4,118,419 in 2023, which should be monitored to ensure a healthy debt-to-asset ratio.

Verdict: Heights Casino Inc shows mixed signals