Is Housing Consortium Of Everett And Snohomish County Legit?
Quick charity verification for Housing Consortium Of Everett And Snohomish County (EIN: 134214361)
Verdict: Housing Consortium Of Everett And Snohomish County appears trustworthy
85/100Mission Score
$145KRevenue
$49KAssets
2Red Flags
3Strengths
Red Flags
Expenses frequently exceed revenue, as seen in 202306 ($112,149 expenses vs. $89,874 revenue) and 202206 ($86,062 expenses vs. $79,242 revenue), indicating potential reliance on reserves.
Relatively low asset base ($49,369) compared to annual revenue, suggesting limited financial reserves for unexpected events.
Strengths
Consistent 0% officer compensation across all filings, indicating a strong commitment to directing funds to the mission.
Long operational history with consistent IRS 990 filings, demonstrating transparency and longevity.
Maintains a relatively low liability-to-asset ratio in most years, suggesting responsible debt management (e.g., 202306 liabilities $11,822 vs. assets $18,399).
Spending Breakdown
How Housing Consortium Of Everett And Snohomish County 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 Housing Consortium Of Everett And Snohomish County
Is Housing Consortium Of Everett And Snohomish County a legitimate charity?
Based on AI analysis of IRS 990 filings, Housing Consortium Of Everett And Snohomish County (EIN: 134214361) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Housing Consortium Of Everett And Snohomish County a good charity to donate to?
Housing Consortium Of Everett And Snohomish County has a Mission Score of 85/100. Revenue: $145K. Assets: $49K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Housing Consortium Of Everett And Snohomish County?
The Employer Identification Number (EIN) for Housing Consortium Of Everett And Snohomish County is 134214361. 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 Housing Consortium Of Everett And Snohomish County spend its money?
Housing Consortium Of Everett And Snohomish County allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Housing Consortium Of Everett And Snohomish County's tax-exempt status?
You can verify Housing Consortium Of Everett And Snohomish County's tax-exempt status using EIN 134214361 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 Housing Consortium Of Everett And Snohomish County appears to be a small but consistently operating nonprofit focused on housing initiatives. Over the past decade, its revenue has fluctuated, with the latest reported revenue at $144,731 and assets at $49,369. The organization has generally maintained a lean operational structure, as evidenced by its consistent reporting of 0% officer compensation across all available filings, suggesting a reliance on volunteer leadership or very modest, non-officer salaries.
Financially, the organization has experienced periods where expenses exceeded revenue, such as in 202306 (expenses $112,149 vs. revenue $89,874) and 202206 (expenses $86,062 vs. revenue $79,242), indicating a draw on reserves or reliance on prior period surpluses. However, it has also had years with surpluses, like 202106 (revenue $89,494 vs. expenses $85,169). The relatively low asset base compared to its annual revenue suggests that it operates with limited financial reserves, which could pose a challenge during economic downturns or unexpected expenses.
Given the consistent 0% officer compensation, the organization demonstrates a strong commitment to directing funds towards its mission rather than executive salaries. While specific program spending percentages are not detailed in the provided summary, the absence of executive compensation is a positive indicator of efficiency. The organization's consistent filing of IRS Form 990s over many years also points to a commitment to transparency.