Is Joshua A B Moore Housing Inc Legit? —…

Quick charity verification for Joshua A B Moore Housing Inc (EIN: 205891734)

Red Flags

Persistent operating deficits: Expenses consistently exceed revenue, indicating an unsustainable financial model (e.g., 2023: $551,882 expenses vs. $465,940 revenue).
Declining asset base: Assets have decreased by over $900,000 in a decade, from $4,459,964 in 2014 to $3,557,620 in 2023.
High and stable liabilities: Liabilities consistently hover around $4.9 million, creating a significant debt burden relative to declining assets.
Negative net assets: Liabilities ($4,944,567 in 2023) significantly exceed assets ($3,557,620 in 2023), indicating a negative net asset position.

Spending Breakdown

How Joshua A B Moore Housing Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

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 Joshua A B Moore Housing Inc

Is Joshua A B Moore Housing Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Joshua A B Moore Housing Inc (EIN: 205891734) shows mixed signals. Mission Score: 55/100. 4 red flags identified, 3 strengths noted.

Is Joshua A B Moore Housing Inc a good charity to donate to?

Joshua A B Moore Housing Inc has a Mission Score of 55/100. Revenue: $509K. Assets: $3.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Joshua A B Moore Housing Inc?

The Employer Identification Number (EIN) for Joshua A B Moore Housing Inc is 205891734. 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 Joshua A B Moore Housing Inc spend its money?

Joshua A B Moore Housing Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Joshua A B Moore Housing Inc's tax-exempt status?

You can verify Joshua A B Moore Housing Inc's tax-exempt status using EIN 205891734 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

Joshua A B Moore Housing Inc, operating in Washington, NC, demonstrates a consistent operational deficit over the past decade, with expenses regularly exceeding revenue. For instance, in 2023, expenses were $551,882 against revenues of $465,940, indicating a reliance on existing assets or other funding sources to cover shortfalls. The organization's assets have been steadily declining, from $4,459,964 in 2014 to $3,557,620 in 2023, while liabilities have remained relatively stable and high, consistently around $4.9 million. This suggests a long-term financial strain and a potential challenge in maintaining its housing programs without a significant increase in revenue or reduction in expenses.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent operating losses raise concerns about the sustainability of its current spending model. The NTEE code L22 (Housing Development, Construction & Management) suggests a focus on direct program services, but the financial trends indicate that current revenue streams are insufficient to cover these activities. The absence of officer compensation reported across all filings is a positive indicator of resource allocation directly to the organization's mission, but the overall financial health warrants closer examination.

Transparency regarding executive compensation is excellent, with 0% reported officer compensation. However, the lack of detailed expense breakdowns in the provided data limits a comprehensive assessment of spending efficiency. While the organization files its IRS 990s, which is a basic level of transparency, a more granular view of how its expenses are categorized would provide greater insight into its operational effectiveness and how it manages its significant liabilities.

Is Joshua A B Moore Housing Inc Legit?

Verdict: Joshua A B Moore Housing Inc shows mixed signals