Quick charity verification for Holiness Homes Of Vision (EIN: 201103652)
Verdict: Holiness Homes Of Vision shows mixed signals
45/100Mission Score
$1.0MRevenue
$5.7MAssets
4Red Flags
1Strengths
Red Flags
Consistent operational deficits (expenses exceed revenue in all reported periods, e.g., $1,136,761 expenses vs. $951,315 revenue in 2023).
Declining asset base over time (from $7,527,786 in 2013 to $5,821,831 in 2023).
High liabilities significantly exceeding assets (e.g., $8,641,443 liabilities vs. $5,821,831 assets in 2023).
Potential long-term financial instability due to persistent negative net income.
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds at the executive level.
Spending Breakdown
How Holiness Homes Of Vision 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 Holiness Homes Of Vision
Is Holiness Homes Of Vision a legitimate charity?
Based on AI analysis of IRS 990 filings, Holiness Homes Of Vision (EIN: 201103652) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 1 strength noted.
Is Holiness Homes Of Vision a good charity to donate to?
Holiness Homes Of Vision has a Mission Score of 45/100. Revenue: $1.0M. Assets: $5.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Holiness Homes Of Vision?
The Employer Identification Number (EIN) for Holiness Homes Of Vision is 201103652. 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 Holiness Homes Of Vision spend its money?
Holiness Homes Of Vision allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Holiness Homes Of Vision's tax-exempt status?
You can verify Holiness Homes Of Vision's tax-exempt status using EIN 201103652 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
Holiness Homes Of Vision demonstrates consistent operational deficits, with expenses exceeding revenue in all reported periods. For example, in 2023, expenses were $1,136,761 against revenues of $951,315, indicating a shortfall. This trend has led to a gradual decline in assets, from $7,527,786 in 2013 to $5,821,831 in 2023. A significant concern is the high level of liabilities, consistently around $8.5 to $8.6 million, which far exceeds the organization's assets. This suggests a precarious financial position, potentially reliant on debt or other non-revenue funding sources to cover operational costs. The organization's transparency regarding executive compensation is positive, reporting 0% officer compensation across all filings, which indicates that leadership is not drawing salaries from the organization's funds. However, the persistent operating losses and substantial liabilities warrant closer scrutiny into the sustainability of its financial model and the long-term viability of its programs.