Quick charity verification for Holy Cross Head Start Inc (EIN: 222659648)
Verdict: Holy Cross Head Start Inc appears trustworthy
85/100Mission Score
$7.3MRevenue
$1.7MAssets
3Red Flags
3Strengths
Red Flags
Consistent reporting of $0 executive compensation raises questions about how leadership is compensated or if compensation is being reported under other categories.
A notable decline in total assets from $2,252,269 (2023) to $1,726,036 (most recent data) despite revenue growth, could indicate operational challenges or significant expenditures.
The organization's liabilities have increased from $2,352,403 (2023) to $2,403,000 (most recent data), which, combined with declining assets, could impact financial stability.
Strengths
Strong program spending, with 85% of expenses directed towards programs, indicates a focus on its core mission.
Significant revenue growth from $5,866,252 in 2022 to $8,038,624 in 2023 demonstrates increasing support and operational scale.
The organization has consistently maintained a healthy revenue stream over several years, indicating stable funding.
Spending Breakdown
How Holy Cross Head Start Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Holy Cross Head Start Inc
Is Holy Cross Head Start Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Holy Cross Head Start Inc (EIN: 222659648) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
Is Holy Cross Head Start Inc a good charity to donate to?
Holy Cross Head Start Inc has a Mission Score of 85/100. Revenue: $7.3M. Assets: $1.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Holy Cross Head Start Inc?
The Employer Identification Number (EIN) for Holy Cross Head Start Inc is 222659648. 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 Holy Cross Head Start Inc spend its money?
Holy Cross Head Start Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Holy Cross Head Start Inc's tax-exempt status?
You can verify Holy Cross Head Start Inc's tax-exempt status using EIN 222659648 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
Holy Cross Head Start Inc is a education nonprofit based in Buffalo, New York, with reported revenue of $7.3M and assets of $1.7M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation is reported as $0 across all available filings, which is highly unusual for an organization with over $7 million in revenue and suggests potential reporting discrepancies or alternative compensation structures. Revenue has grown +48% across 12 filing periods.