Is Husky House Inc Legit?

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

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.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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