Is Lake Charles Non Profit Housing…

Quick charity verification for Lake Charles Non Profit Housing Development Corporation (EIN: 205877253)

Spending Breakdown

How Lake Charles Non Profit Housing Development Corporation allocates its funds across programs, administration, and fundraising.

100%

Program Spending

Healthy — majority goes to mission

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 Lake Charles Non Profit Housing Development Corporation

Is Lake Charles Non Profit Housing Development Corporation a legitimate charity?

Based on AI analysis of IRS 990 filings, Lake Charles Non Profit Housing Development Corporation (EIN: 205877253) shows mixed signals. Mission Score: 40/100. 3 red flags identified, 2 strengths noted.

Is Lake Charles Non Profit Housing Development Corporation a good charity to donate to?

Lake Charles Non Profit Housing Development Corporation has a Mission Score of 40/100. Revenue: $527K. Assets: $11.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Lake Charles Non Profit Housing Development Corporation?

The Employer Identification Number (EIN) for Lake Charles Non Profit Housing Development Corporation is 205877253. 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 Lake Charles Non Profit Housing Development Corporation spend its money?

Lake Charles Non Profit Housing Development Corporation allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Lake Charles Non Profit Housing Development Corporation's tax-exempt status?

You can verify Lake Charles Non Profit Housing Development Corporation's tax-exempt status using EIN 205877253 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

Lake Charles Non Profit Housing Development Corporation demonstrates a unique financial profile. While the organization consistently reports significant assets, reaching $11,862,624 in its latest filing, its reported expenses have been remarkably low or even zero in recent years (e.g., $0 in 2023, 2022, and 2021). This discrepancy between substantial assets and minimal reported operational expenses raises questions about how its mission-related activities are funded and executed, or if certain expenses are being categorized differently or absorbed by related entities not fully detailed in these summary filings. The organization's revenue has fluctuated significantly, with a peak of $2,519,515 in 2020, contrasting with much lower figures in other years, including $201,154 in 2023. This volatility, combined with the lack of reported expenses, makes a traditional assessment of spending efficiency challenging.

The absence of reported officer compensation across all five filings suggests either a fully volunteer-led executive team or that compensation is handled through a related entity, which would require further investigation for full transparency. The NTEE code L21 (Housing Development, Construction & Management) aligns with the organization's name, but the financial data does not clearly illustrate the scale or nature of its housing development activities given the minimal reported expenses. Overall, while the organization maintains a strong asset base, the lack of detailed expense reporting hinders a comprehensive understanding of its operational efficiency and financial transparency.

Is Lake Charles Non Profit Housing Development Corporation Legit?

Verdict: Lake Charles Non Profit Housing Development Corporation shows mixed signals

Red Flags

Strengths