Quick charity verification for Homeless And Travelers Aid Society (EIN: 141482188)
Verdict: Homeless And Travelers Aid Society appears trustworthy
92/100Mission Score
$4.1MRevenue
$2.3MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, increasing from $1.7M in 2014 to $3.8M in 2023.
Strong financial health with assets more than doubling over the past decade.
No reported officer compensation across all 13 filings, indicating high efficiency and mission focus.
Consistently operates with a surplus, contributing to financial stability and asset growth.
Low liabilities relative to assets, suggesting a healthy balance sheet.
Spending Breakdown
How Homeless And Travelers Aid Society allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Homeless And Travelers Aid Society
Is Homeless And Travelers Aid Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Homeless And Travelers Aid Society (EIN: 141482188) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Homeless And Travelers Aid Society a good charity to donate to?
Homeless And Travelers Aid Society has a Mission Score of 92/100. Revenue: $4.1M. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Homeless And Travelers Aid Society?
The Employer Identification Number (EIN) for Homeless And Travelers Aid Society is 141482188. 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 Homeless And Travelers Aid Society spend its money?
Homeless And Travelers Aid Society allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Homeless And Travelers Aid Society's tax-exempt status?
You can verify Homeless And Travelers Aid Society's tax-exempt status using EIN 141482188 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
Homeless And Travelers Aid Society demonstrates consistent financial growth and appears to be in sound financial health. Over the past decade, the organization's revenue has steadily increased from $1,712,591 in 2014 to $3,848,295 in 2023, indicating growing support and capacity. Assets have also shown a healthy upward trend, more than doubling from $763,117 in 2014 to $2,090,870 in 2023, suggesting responsible asset management and accumulation of reserves. The organization consistently operates with a surplus, as evidenced by revenues generally exceeding expenses in most reported periods, contributing to its financial stability.
Spending efficiency appears strong, with expenses consistently close to, but typically less than, revenue. For instance, in 2023, expenses were $3,651,300 against revenues of $3,848,295, indicating that the vast majority of funds are being deployed for operations while still allowing for modest growth in reserves. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice is highly commendable and suggests a lean operational structure.
Overall, the organization exhibits strong financial management, consistent growth, and a high degree of transparency regarding executive compensation. The steady increase in assets and revenue, coupled with efficient spending and no reported officer compensation, paints a picture of a well-managed and mission-focused nonprofit.