Is Long Island Partnership Housing Development Fund Co Inc Legit?

Quick charity verification for Long Island Partnership Housing Development Fund Co Inc (EIN: 112911043)

Verdict: Long Island Partnership Housing Development Fund Co Inc appears trustworthy

75/100Mission Score
$2.6MRevenue
$3.3MAssets
2Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Long Island Partnership Housing Development Fund Co 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 Long Island Partnership Housing Development Fund Co Inc

Is Long Island Partnership Housing Development Fund Co Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Long Island Partnership Housing Development Fund Co Inc (EIN: 112911043) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Long Island Partnership Housing Development Fund Co Inc a good charity to donate to?

Long Island Partnership Housing Development Fund Co Inc has a Mission Score of 75/100. Revenue: $2.6M. Assets: $3.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Long Island Partnership Housing Development Fund Co Inc?

The Employer Identification Number (EIN) for Long Island Partnership Housing Development Fund Co Inc is 112911043. 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 Long Island Partnership Housing Development Fund Co Inc spend its money?

Long Island Partnership Housing Development Fund Co Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Long Island Partnership Housing Development Fund Co Inc's tax-exempt status?

You can verify Long Island Partnership Housing Development Fund Co Inc's tax-exempt status using EIN 112911043 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

Long Island Partnership Housing Development Fund Co Inc demonstrates a fluctuating financial performance over the past decade. While the organization reported a recent revenue of $2,553,105 and assets of $3,283,215, its financial history shows periods of both revenue exceeding expenses and expenses exceeding revenue. For instance, in 2023, expenses ($1,268,378) slightly outpaced revenue ($1,229,348), while in 2022, revenue ($1,677,517) significantly exceeded expenses ($1,252,182). The organization's assets have also seen a notable decline from a high of $7,514,093 in 2014 to $2,803,822 in 2023, alongside a reduction in liabilities. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing administrative overhead in this area, which is a positive indicator for transparency and efficiency. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of spending efficiency is challenging.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages