Quick charity verification for Lea County Housing Inc (EIN: 200951085)
Verdict: Lea County Housing Inc shows mixed signals
65/100Mission Score
$11KRevenue
$1.2MAssets
3Red Flags
3Strengths
Red Flags
Consistent operational deficits (e.g., $8,300 revenue vs. $16,838 expenses in 202009).
Significant decline in revenue from $1,374,918 in 201309 to $8,300 in 202009.
High asset base relative to very low recent operational revenue, suggesting potential underutilization or a shift in operational model.
Strengths
No reported officer compensation across all filings, indicating efficient use of funds in this area.
Substantial asset base ($1,214,717) provides a financial cushion, though its utilization is unclear.
Consistent filing of IRS 990s demonstrates transparency in reporting.
Spending Breakdown
How Lea County Housing Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Lea County Housing Inc
Is Lea County Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lea County Housing Inc (EIN: 200951085) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Lea County Housing Inc a good charity to donate to?
Lea County Housing Inc has a Mission Score of 65/100. Revenue: $11K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lea County Housing Inc?
The Employer Identification Number (EIN) for Lea County Housing Inc is 200951085. 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 Lea County Housing Inc spend its money?
Lea County Housing Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lea County Housing Inc's tax-exempt status?
You can verify Lea County Housing Inc's tax-exempt status using EIN 200951085 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
Lea County Housing Inc. appears to be a small organization with a significant asset base relative to its recent operational revenue. For the latest reported period (202009), the organization had revenue of $8,300 against expenses of $16,838, indicating a deficit. This trend of expenses exceeding revenue has been consistent in recent years, with 201909 showing $10,620 in revenue against $17,715 in expenses, and 201809 showing $8,701 in revenue against $19,418 in expenses. While the organization holds substantial assets of $1,214,717, its ability to cover ongoing operational costs through current revenue streams is a concern.
The organization's financial health shows a pattern of declining revenue from a peak of $1,374,918 in 201309 to $8,300 in 202009, alongside a general decrease in expenses from $220,128 in 201209 to $16,838 in 202009. The consistent reporting of 0% officer compensation across all available filings suggests good transparency regarding executive pay and a commitment to minimizing administrative overhead in that area. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to fully assess spending efficiency across programs, administration, and fundraising.