Is Housing Partnership Development Corporation Legit?
Quick charity verification for Housing Partnership Development Corporation (EIN: 133202014)
Verdict: Housing Partnership Development Corporation appears trustworthy
85/100Mission Score
$5.3MRevenue
$9.5MAssets
2Red Flags
4Strengths
Red Flags
Significant increase in liabilities from $595,003 in 2021 to $3,678,800 in 2023, requiring further investigation.
Consistent 0% officer compensation reported, which is unusual and may obscure the full picture of executive remuneration.
Strengths
Consistent revenue growth over the past decade, from $3,193,504 in 2014 to $6,029,288 in 2023.
Substantial asset growth, more than doubling from $5,194,408 in 2014 to $10,524,106 in 2023.
Strong program focus implied by the lack of reported officer compensation, potentially maximizing resources for mission-related activities.
Long and consistent filing history (13 filings), indicating transparency and established operations.
Spending Breakdown
How Housing Partnership Development Corporation 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 Partnership Development Corporation
Is Housing Partnership Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Housing Partnership Development Corporation (EIN: 133202014) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Housing Partnership Development Corporation a good charity to donate to?
Housing Partnership Development Corporation has a Mission Score of 85/100. Revenue: $5.3M. Assets: $9.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Housing Partnership Development Corporation?
The Employer Identification Number (EIN) for Housing Partnership Development Corporation is 133202014. 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 Partnership Development Corporation spend its money?
Housing Partnership Development Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Housing Partnership Development Corporation's tax-exempt status?
You can verify Housing Partnership Development Corporation's tax-exempt status using EIN 133202014 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
Housing Partnership Development Corporation demonstrates consistent financial activity, with revenues and expenses generally increasing over the past decade. In the most recent filing (202312), the organization reported revenues of $6,029,288 against expenses of $6,098,929, indicating a slight operational deficit for that period. However, the organization's assets have grown substantially, from $5,194,408 in 2014 to $10,524,106 in 2023, suggesting a strong financial foundation. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its financial transparency and operational structure, indicating that executive leadership is either unpaid or compensated through other means not categorized as officer compensation on the 990, which warrants further investigation for a complete picture of compensation practices. The organization's liabilities have also seen an increase, particularly in the last three years, reaching $3,678,800 in 2023, which should be monitored.