Quick charity verification for Housing Works Services Ii Inc (EIN: 133818122)
Verdict: Housing Works Services Ii Inc shows mixed signals
65/100Mission Score
$9.3MRevenue
$13.3MAssets
4Red Flags
3Strengths
Red Flags
Consistent operational deficits (expenses exceeding revenue in most years, e.g., $8,107,718 expenses vs. $7,590,534 revenue in 2023).
Significant and growing liabilities ($22,322,601 in 2023) relative to assets ($13,240,012 in 2023).
0% reported officer compensation across all filings, which is unusual for an organization of this size and could indicate a lack of transparency in executive pay.
Lack of detailed functional expense breakdown in summary data makes it difficult to fully assess spending efficiency.
Strengths
Significant asset growth from $1,807,123 in 2020 to $13,240,012 in 2023, indicating potential investment or capital acquisition.
Consistent revenue generation, with latest reported revenue at $9,277,324.
Long filing history (13 filings) suggests established operations and compliance with IRS reporting.
Spending Breakdown
How Housing Works Services Ii Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Works Services Ii Inc
Is Housing Works Services Ii Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Housing Works Services Ii Inc (EIN: 133818122) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
Is Housing Works Services Ii Inc a good charity to donate to?
Housing Works Services Ii Inc has a Mission Score of 65/100. Revenue: $9.3M. Assets: $13.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Housing Works Services Ii Inc?
The Employer Identification Number (EIN) for Housing Works Services Ii Inc is 133818122. 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 Works Services Ii Inc spend its money?
Housing Works Services Ii Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Housing Works Services Ii Inc's tax-exempt status?
You can verify Housing Works Services Ii Inc's tax-exempt status using EIN 133818122 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 Works Services II Inc. demonstrates a consistent operational deficit, with expenses exceeding revenue in most recent years. For instance, in 2023, expenses were $8,107,718 against revenues of $7,590,534, indicating a shortfall. This trend is visible across multiple filings, suggesting a reliance on accumulated assets or other funding sources to cover operational costs. The organization's assets have fluctuated, showing a significant increase from $1,807,123 in 2020 to $13,240,012 in 2023, while liabilities have also grown substantially, reaching $22,322,601 in 2023. This high level of liabilities relative to assets warrants closer examination.
Spending efficiency is difficult to fully assess without a detailed functional expense breakdown, which is not provided in the summary data. However, the consistent operational deficits raise questions about long-term financial sustainability if not addressed. The organization reports 0% officer compensation across all provided filings, which is unusual for an organization of this size and could indicate that executive compensation is reported under a different category or that the organization relies heavily on volunteer leadership, or that the officers are compensated by a related entity. This lack of direct officer compensation reporting on the 990s could be a point of concern for transparency.
Overall, while the organization appears to be actively engaged in its mission, the recurring operational deficits and the significant increase in liabilities, coupled with the absence of reported officer compensation, suggest areas where financial health and transparency could be improved or clarified. A deeper dive into the full 990 forms would be necessary to understand the nature of the liabilities and the true compensation structure.