Quick charity verification for Husky House Inc (EIN: 204968411)
Verdict: Husky House Inc appears trustworthy
90/100Mission Score
$250KRevenue
$212KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero reported officer compensation across all filings, maximizing program funds.
Consistent asset growth, from $18,514 in 2019 to $291,892 in 2023, indicating strong financial health.
Zero reported liabilities in all filings, demonstrating excellent financial management.
Consistent filing of IRS Form 990s over 14 periods, showing strong transparency.
Strong revenue generation, with recent years showing over $400,000 in income.
Spending Breakdown
How Husky House Inc 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 Husky House Inc
Is Husky House Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Husky House Inc (EIN: 204968411) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Husky House Inc a good charity to donate to?
Husky House Inc has a Mission Score of 90/100. Revenue: $250K. Assets: $212K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Husky House Inc?
The Employer Identification Number (EIN) for Husky House Inc is 204968411. 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 Husky House Inc spend its money?
Husky House Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Husky House Inc's tax-exempt status?
You can verify Husky House Inc's tax-exempt status using EIN 204968411 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
Husky House Inc demonstrates a generally healthy financial position with consistent revenue streams and a strong commitment to its program services. Over the past five years, the organization has seen its revenue fluctuate, with a notable peak of $455,588 in 2021 and $434,312 in 2023, indicating robust donor support. Expenses have also increased, but the organization has managed to maintain positive net assets, growing from $18,514 in 2019 to $291,892 in 2023. This growth in assets, coupled with zero reported liabilities across all filings, suggests sound financial management and a strong balance sheet.
The organization's spending efficiency appears high, with a significant portion of its expenditures directed towards its mission. The absence of officer compensation reported in all filings is a strong indicator of volunteer-driven leadership, which maximizes resources available for programs. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the overall financial health and asset growth suggest effective resource allocation. The consistent filing of IRS Form 990s over 14 periods demonstrates a commitment to transparency and regulatory compliance.
Overall, Husky House Inc appears to be a well-managed nonprofit with a clear focus on its mission, supported by strong financial health and transparent operations. The consistent growth in assets and the absence of liabilities are particularly positive indicators, reflecting prudent financial stewardship and the ability to build reserves for future operations.