Quick charity verification for Heritage Training And Career Center (EIN: 205984290)
Verdict: Heritage Training And Career Center appears trustworthy
70/100Mission Score
$736KRevenue
$148KAssets
2Red Flags
4Strengths
Red Flags
Liabilities consistently exceed assets in recent years (e.g., $164,474 liabilities vs. $147,606 assets in 2023), indicating potential financial vulnerability.
Lack of detailed expense breakdown (program, admin, fundraising) in provided summary data limits precise spending efficiency analysis.
Strengths
Significant revenue growth from $144,249 in 2011 to $736,028 in 2023, demonstrating increasing impact and support.
Consistent IRS 990 filing history over a decade, indicating good regulatory compliance and transparency.
0% reported officer compensation across all filings, suggesting efficient use of funds for mission-related activities.
Generally manages expenses close to revenue, avoiding large deficits in most years.
Spending Breakdown
How Heritage Training And Career Center 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 Heritage Training And Career Center
Is Heritage Training And Career Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Heritage Training And Career Center (EIN: 205984290) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.
Is Heritage Training And Career Center a good charity to donate to?
Heritage Training And Career Center has a Mission Score of 70/100. Revenue: $736K. Assets: $148K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Heritage Training And Career Center?
The Employer Identification Number (EIN) for Heritage Training And Career Center is 205984290. 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 Heritage Training And Career Center spend its money?
Heritage Training And Career Center allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Heritage Training And Career Center's tax-exempt status?
You can verify Heritage Training And Career Center's tax-exempt status using EIN 205984290 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
Heritage Training And Career Center demonstrates a fluctuating but generally positive financial trajectory, with recent growth in revenue. In 2023, the organization reported revenue of $736,028 against expenses of $726,918, indicating a slight surplus. However, the organization's liabilities ($164,474 in 2023) consistently exceed its assets ($147,606 in 2023), which is a concern for long-term financial stability. This trend of liabilities exceeding assets has been present in several recent filings, suggesting a reliance on short-term funding or potential cash flow management challenges.
Spending efficiency appears to be reasonable, though specific breakdowns for program, administrative, and fundraising expenses are not provided in the summary data. The absence of reported officer compensation across all filings suggests either a volunteer-led executive team or compensation below reporting thresholds, which can be a positive indicator of resource allocation to mission-related activities. However, without detailed expense categories, a precise assessment of spending efficiency is limited.
Transparency is generally good given the consistent filing of IRS Form 990s. The lack of reported officer compensation is a notable point, indicating either a highly efficient executive structure or a need for more detailed disclosure if compensation is indeed being paid but not reported in the summary data. The consistent filing history over a decade reflects a commitment to regulatory compliance.