Quick charity verification for Holding Forth The Word Of Life Inc (EIN: 201869878)
Verdict: Holding Forth The Word Of Life Inc appears trustworthy
90/100Mission Score
$613KRevenue
$3.0MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed program spending breakdown in provided data
Unusually low or negative liabilities in some periods may warrant further investigation into accounting practices
Strengths
Consistent asset growth, from $1,019,933 in 2014 to $3,003,306 in 2023
No reported officer compensation across all filings, indicating high efficiency or volunteer leadership
Strong revenue generation, with latest revenue at $642,887
Low liabilities, indicating financial stability and responsible management
Positive net income in most years, contributing to asset accumulation
Spending Breakdown
How Holding Forth The Word Of Life 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
0%
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 Holding Forth The Word Of Life Inc
Is Holding Forth The Word Of Life Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Holding Forth The Word Of Life Inc (EIN: 201869878) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is Holding Forth The Word Of Life Inc a good charity to donate to?
Holding Forth The Word Of Life Inc has a Mission Score of 90/100. Revenue: $613K. Assets: $3.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Holding Forth The Word Of Life Inc?
The Employer Identification Number (EIN) for Holding Forth The Word Of Life Inc is 201869878. 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 Holding Forth The Word Of Life Inc spend its money?
Holding Forth The Word Of Life Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Holding Forth The Word Of Life Inc's tax-exempt status?
You can verify Holding Forth The Word Of Life Inc's tax-exempt status using EIN 201869878 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
Holding Forth The Word Of Life Inc demonstrates consistent financial growth and strong asset accumulation over the past decade. The organization's revenue has generally trended upwards, reaching $642,887 in the latest filing period (202312), with assets growing significantly from $1,019,933 in 2014 to over $3 million in 2023. This indicates effective financial management and an ability to build reserves. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a focus on mission-related spending rather than executive enrichment. While detailed program spending breakdowns are not provided in the summary data, the absence of officer compensation suggests a lean operational structure. The organization's liabilities have remained very low or even negative in several periods, further highlighting financial stability and responsible management.