Is Holy Redeemer Dale Zipley Homes For Independent Adults Legit?

Quick charity verification for Holy Redeemer Dale Zipley Homes For Independent Adults (EIN: 208201594)

Verdict: Holy Redeemer Dale Zipley Homes For Independent Adults shows mixed signals

65/100Mission Score
$2.3MRevenue
$2.7MAssets
4Red Flags
2Strengths

Red Flags

Strengths

AI Transparency Report

Holy Redeemer Dale Zipley Homes For Independent Adults demonstrates a concerning trend of operating deficits in recent years, with expenses consistently exceeding revenue. For instance, in 2023, expenses were $1,998,377 against revenues of $1,540,291, and in 2022, expenses were $1,655,877 against revenues of $1,522,756. This indicates a reliance on existing assets or other funding sources to cover operational costs, which is not sustainable long-term. While the organization's assets have fluctuated, they have generally decreased from a high of $3,976,517 in 2021 to $2,508,978 in 2023, coinciding with increased liabilities. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing administrative overhead in this specific area, which is a positive indicator of financial stewardship regarding executive pay.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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