Is Isaiahs Place Inc Legit?

Spending Breakdown

How Isaiahs Place 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

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 Isaiahs Place Inc

Is Isaiahs Place Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Isaiahs Place Inc (EIN: 10779327) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

Is Isaiahs Place Inc a good charity to donate to?

Isaiahs Place Inc has a Mission Score of 90/100. Revenue: $4.1M. Assets: $3.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Isaiahs Place Inc?

The Employer Identification Number (EIN) for Isaiahs Place Inc is 10779327. 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 Isaiahs Place Inc spend its money?

Isaiahs Place Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Isaiahs Place Inc's tax-exempt status?

You can verify Isaiahs Place Inc's tax-exempt status using EIN 10779327 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

Isaiahs Place Inc demonstrates a generally stable financial trajectory, with recent filings showing positive net income. For instance, in the 202306 period, the organization reported revenues of $2,854,467 against expenses of $2,364,941, indicating a surplus. This positive trend is a good sign for financial health, especially when compared to earlier periods like 201906 where expenses ($2,645,757) exceeded revenues ($2,219,849). The organization's assets have also shown significant growth, increasing from $373,057 in 202006 to $1,677,369 in 202306, suggesting effective asset management or capital investments. 

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, it's challenging to give a precise assessment. However, the consistent reporting of 0% officer compensation across all provided filings is a strong indicator of fiscal responsibility and a commitment to directing funds towards the mission rather than executive salaries. This practice significantly enhances the organization's transparency and trustworthiness. 

Overall, Isaiahs Place Inc appears to be in a healthy financial position, marked by growing assets and recent positive net income. The absence of officer compensation is a notable strength in terms of transparency and efficient use of funds. Further detailed expense breakdowns would allow for a more granular analysis of spending efficiency.

Verdict: Isaiahs Place Inc appears trustworthy

Red Flags

Strengths