Quick charity verification for Husson University (EIN: 10271210)
Verdict: Husson University appears trustworthy
85/100Mission Score
$113.5MRevenue
$152.9MAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed executive compensation data in provided summary, making full assessment difficult.
Strengths
Consistent revenue growth over the past decade, from $57M in 2014 to $81M in 2023.
Healthy operating surpluses in most years, indicating sound financial management (e.g., $1.4M surplus in 2023).
Significant growth in assets, from $102M in 2014 to $149M in 2023, enhancing long-term stability.
Stable liability management, with liabilities generally remaining a manageable proportion of assets.
Spending Breakdown
How Husson University 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 Husson University
Is Husson University a legitimate charity?
Based on AI analysis of IRS 990 filings, Husson University (EIN: 10271210) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Husson University a good charity to donate to?
Husson University has a Mission Score of 85/100. Revenue: $113.5M. Assets: $152.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Husson University?
The Employer Identification Number (EIN) for Husson University is 10271210. 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 Husson University spend its money?
Husson University allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Husson University's tax-exempt status?
You can verify Husson University's tax-exempt status using EIN 10271210 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
Husson University demonstrates consistent financial growth and stability over the past decade. Revenue has steadily increased from $57 million in 2014 to over $81 million in 2023, with assets growing from $102 million to nearly $150 million in the same period. The organization consistently operates with a surplus, indicating sound financial management and an ability to cover its expenses. For instance, in 2023, revenue was $81,957,246 against expenses of $80,527,066, resulting in a surplus of over $1.4 million.
The provided data indicates that 'Officer Comp' is consistently reported as 0%, which suggests that executive compensation is either not reported in this specific field or is structured differently, making it difficult to assess this aspect of transparency without further detail. However, the consistent growth in assets and revenue, coupled with a healthy operating margin, points to a well-managed institution. The NTEE code B500 indicates a focus on higher education, and the financial trends align with a growing educational institution.