Consistent asset growth, from $3.5M in 2015 to $9.6M currently, indicating strong financial management.
Revenue consistently exceeds expenses, demonstrating financial sustainability (e.g., $2.4M revenue vs $2.1M expenses in 2024).
Low and stable liabilities, indicating minimal financial risk.
14 years of consistent IRS 990 filings, showing strong transparency and accountability.
No reported officer compensation in the provided data, suggesting efficient use of funds for mission.
Spending Breakdown
How Karen Horney Clinic 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
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 Karen Horney Clinic Inc
Is Karen Horney Clinic Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Karen Horney Clinic Inc (EIN: 135638826) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Karen Horney Clinic Inc a good charity to donate to?
Karen Horney Clinic Inc has a Mission Score of 85/100. Revenue: $2.8M. Assets: $9.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Karen Horney Clinic Inc?
The Employer Identification Number (EIN) for Karen Horney Clinic Inc is 135638826. 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 Karen Horney Clinic Inc spend its money?
Karen Horney Clinic Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Karen Horney Clinic Inc's tax-exempt status?
You can verify Karen Horney Clinic Inc's tax-exempt status using EIN 135638826 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
The Karen Horney Clinic Inc demonstrates consistent financial health and efficient spending based on its IRS 990 filings. Over the past decade, the organization has consistently generated more revenue than expenses, leading to a steady growth in assets, from $3.5 million in 2015 to $9.6 million currently. This indicates sound financial management and the ability to build reserves. The organization's liabilities have remained relatively low and stable, further reinforcing its financial stability.
Spending efficiency appears strong, with expenses consistently below revenue. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall financial picture suggests a well-managed operation. The consistent growth in assets, coupled with stable revenue and controlled expenses, points to a sustainable model. The absence of reported officer compensation in the provided data suggests either a volunteer leadership structure or compensation below reporting thresholds, which can be a positive indicator for donor confidence.
In terms of transparency, the consistent filing of IRS 990 forms over 14 periods is a strong positive. The readily available financial data allows for public scrutiny and analysis, demonstrating a commitment to accountability. The NTEE code P820 (Mental Health Treatment) aligns with the organization's name, suggesting a clear mission focus. Overall, the Karen Horney Clinic Inc appears to be a financially stable and efficiently managed nonprofit.