Is Independent Living Horizons Inc Legit? —…

Quick charity verification for Independent Living Horizons Inc (EIN: 200175645)

Red Flags

Persistent operating deficits (expenses consistently exceed revenue, e.g., $78,450 deficit in 202306).
Significant decline in assets over the past decade (from $2.28M in 2014 to $1.29M in 2023).
High and stable liabilities (around $3M) relative to declining assets, indicating potential solvency issues.
Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes efficiency assessment difficult.

Spending Breakdown

How Independent Living Horizons Inc allocates its funds across programs, administration, and fundraising.

75%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

10%

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 Independent Living Horizons Inc

Is Independent Living Horizons Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Independent Living Horizons Inc (EIN: 200175645) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.

Is Independent Living Horizons Inc a good charity to donate to?

Independent Living Horizons Inc has a Mission Score of 45/100. Revenue: $352K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Independent Living Horizons Inc?

The Employer Identification Number (EIN) for Independent Living Horizons Inc is 200175645. 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 Independent Living Horizons Inc spend its money?

Independent Living Horizons Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Independent Living Horizons Inc's tax-exempt status?

You can verify Independent Living Horizons Inc's tax-exempt status using EIN 200175645 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

Independent Living Horizons Inc. exhibits a concerning trend of operating deficits, with expenses consistently exceeding revenue over the past decade. For instance, in the 202306 period, expenses were $391,200 against revenues of $312,750, resulting in a deficit of nearly $78,450. This pattern suggests a reliance on drawing down assets or increasing liabilities to cover operational costs. The organization's assets have steadily declined from $2,283,661 in 2014 to $1,298,524 in 2023, while liabilities have remained high, hovering around $3 million. This financial trajectory indicates potential long-term sustainability challenges if revenue generation does not improve significantly or expenses are not brought under control.

Despite the financial challenges, the organization reports 0% officer compensation across all available filings, which is a positive indicator of resource allocation towards its mission rather than executive pay. However, without a detailed breakdown of expenses (program, administrative, fundraising) from the provided data, it's difficult to fully assess spending efficiency. The consistent operating losses and declining asset base are significant concerns for financial health and long-term viability. Transparency regarding the specific allocation of its expenses would further clarify its operational efficiency.

The organization's financial health appears to be deteriorating, marked by persistent operating deficits and a significant reduction in assets. While the lack of executive compensation is commendable, the overall financial strategy needs re-evaluation to ensure sustainability. The high liabilities relative to assets also present a risk.

Is Independent Living Horizons Inc Legit?

Verdict: Independent Living Horizons Inc shows mixed signals