Consistent operating deficits (expenses exceeding revenue) over multiple years, e.g., $180,714 expenses vs. $133,268 revenue in 2023.
Gradual but consistent decline in total assets over the past decade, from $1,525,767 in 2014 to $1,281,140 in 2023.
Strengths
Consistently reports 0% officer compensation, indicating a highly efficient and lean executive structure.
Maintains a substantial asset base ($1,281,140 in 2023) relative to its annual revenue, providing financial stability despite deficits.
Low and stable liabilities in recent years (e.g., $18,412 in 2023), indicating good debt management.
Spending Breakdown
How Kceoc Housing Corporation 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 Kceoc Housing Corporation
Is Kceoc Housing Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Kceoc Housing Corporation (EIN: 205917733) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Kceoc Housing Corporation a good charity to donate to?
Kceoc Housing Corporation has a Mission Score of 75/100. Revenue: $160K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kceoc Housing Corporation?
The Employer Identification Number (EIN) for Kceoc Housing Corporation is 205917733. 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 Kceoc Housing Corporation spend its money?
Kceoc Housing Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kceoc Housing Corporation's tax-exempt status?
You can verify Kceoc Housing Corporation's tax-exempt status using EIN 205917733 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
Kceoc Housing Corporation appears to be a stable, albeit small, housing assistance organization. Its financial health shows consistent operations with revenues generally covering a significant portion of expenses, though it has consistently operated at a deficit in recent years, with expenses exceeding revenue. For example, in 2023, expenses were $180,714 against revenues of $133,268. The organization maintains substantial assets relative to its annual revenue, indicating a solid asset base, though these assets have been gradually declining over the past decade. The organization's transparency is high regarding executive compensation, as it consistently reports 0% officer compensation, suggesting a volunteer-led or very lean administrative structure at the top. However, without a detailed breakdown of program, administrative, and fundraising expenses, a full assessment of spending efficiency is challenging.
The consistent operating deficits, while not immediately critical given the asset base, warrant attention. The organization's liabilities have remained relatively low and stable in recent years, which is a positive sign. The NTEE code L11 (Housing Development, Construction & Management) aligns with its name, suggesting a focused mission. Overall, Kceoc Housing Corporation demonstrates a commitment to its mission with a lean executive structure, but its long-term financial sustainability could be improved by addressing the recurring operational deficits.