Quick charity verification for Howard Karagheusian Comm Corp (EIN: 136149578)
Verdict: Howard Karagheusian Comm Corp shows mixed signals
65/100Mission Score
$5.6MRevenue
$30.2MAssets
3Red Flags
3Strengths
Red Flags
Consistent operational deficits, with expenses significantly exceeding revenue in most reported periods (e.g., 202312: Revenue $1.15M, Expenses $3.16M).
Declining asset base over recent years, from $36.2M in 201912 to $29.87M in 202312, indicating reliance on reserves.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering full financial transparency assessment.
Strengths
Very low liabilities, consistently reported as $1-$3 in recent filings, indicating strong debt management.
Substantial asset base of over $30 million, providing a significant financial cushion despite operational deficits.
No reported officer compensation, potentially indicating a highly efficient or volunteer-led executive structure.
Spending Breakdown
How Howard Karagheusian Comm Corp 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 Howard Karagheusian Comm Corp
Is Howard Karagheusian Comm Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Howard Karagheusian Comm Corp (EIN: 136149578) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Howard Karagheusian Comm Corp a good charity to donate to?
Howard Karagheusian Comm Corp has a Mission Score of 65/100. Revenue: $5.6M. Assets: $30.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Howard Karagheusian Comm Corp?
The Employer Identification Number (EIN) for Howard Karagheusian Comm Corp is 136149578. 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 Howard Karagheusian Comm Corp spend its money?
Howard Karagheusian Comm Corp allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Howard Karagheusian Comm Corp's tax-exempt status?
You can verify Howard Karagheusian Comm Corp's tax-exempt status using EIN 136149578 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
Howard Karagheusian Comm Corp demonstrates a consistent pattern of spending exceeding its revenue over the past several years, as evidenced by the 202312 filing showing expenses of $3,156,608 against revenue of $1,151,031, and similar trends in prior years. This suggests the organization is drawing down on its substantial asset base, which has decreased from $36,202,383 in 201912 to $29,870,448 in 202312. While the organization maintains a very low liability profile, consistently reporting $1 or $3 in recent years, the sustained deficit spending warrants closer examination. The absence of reported officer compensation across all filings indicates a potential reliance on volunteer leadership or that compensation is reported under other expense categories, which could impact the perceived efficiency of program spending if not clearly delineated.
The organization's financial health, while supported by significant assets, shows a concerning trend of declining assets due to persistent operational deficits. The lack of reported officer compensation could be a positive indicator of low overhead if all other expenses are program-related, but without a detailed breakdown of expenses (program, administrative, fundraising), it's difficult to fully assess spending efficiency. The consistent reporting of minimal liabilities suggests strong financial management in terms of debt, but the overall sustainability is questionable given the revenue-expense imbalance. Further transparency regarding the allocation of expenses would provide a clearer picture of its operational effectiveness and program impact.