Is Home Builders Association Of West Virginia Foundation Inc Legit?
Quick charity verification for Home Builders Association Of West Virginia Foundation Inc (EIN: 205284114)
Verdict: Home Builders Association Of West Virginia Foundation Inc shows mixed signals
65/100Mission Score
$1Revenue
$5KAssets
3Red Flags
2Strengths
Red Flags
Significant decline in revenue and assets over the past decade, from $112,505 revenue in 2014 to $1 in 2023, and assets from $32,490 to $4,982.
Consistent liabilities of $2,664 in recent years without clear explanation in the provided data, representing a substantial portion of its current assets.
Extremely low current revenue ($1 in 2023) suggests minimal operational activity or potential dormancy.
Strengths
Consistent reporting of 0% officer compensation, indicating volunteer leadership and efficient use of funds for administrative overhead.
Long filing history (10 filings) demonstrates a commitment to IRS compliance, even with minimal activity.
Spending Breakdown
How Home Builders Association Of West Virginia Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
20%
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 Home Builders Association Of West Virginia Foundation Inc
Is Home Builders Association Of West Virginia Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Home Builders Association Of West Virginia Foundation Inc (EIN: 205284114) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Home Builders Association Of West Virginia Foundation Inc a good charity to donate to?
Home Builders Association Of West Virginia Foundation Inc has a Mission Score of 65/100. Revenue: $1. Assets: $5K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Home Builders Association Of West Virginia Foundation Inc?
The Employer Identification Number (EIN) for Home Builders Association Of West Virginia Foundation Inc is 205284114. 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 Home Builders Association Of West Virginia Foundation Inc spend its money?
Home Builders Association Of West Virginia Foundation Inc allocates 80% to programs, 20% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Home Builders Association Of West Virginia Foundation Inc's tax-exempt status?
You can verify Home Builders Association Of West Virginia Foundation Inc's tax-exempt status using EIN 205284114 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
The Home Builders Association Of West Virginia Foundation Inc appears to be a very small organization with minimal financial activity in recent years. Its latest reported revenue is only $1, and its assets stand at $4,982. The organization consistently reports zero officer compensation across all available filings, which is a positive indicator of volunteer-driven leadership and efficient use of funds for a small entity. However, the consistent liabilities of $2,664 in recent years, despite fluctuating revenues and expenses, warrant closer examination to understand their nature and impact on the organization's long-term stability. The significant drop in assets from a high of $32,490 in 2014 to the current $4,982 also suggests a substantial reduction in its financial capacity over the decade.