Quick charity verification for Making A Way Housing Inc (EIN: 161644159)
Verdict: Making A Way Housing Inc appears trustworthy
85/100Mission Score
$540KRevenue
$1.2MAssets
1Red Flags
4Strengths
Red Flags
Fluctuating annual revenues and expenses, leading to occasional deficits (e.g., 2022 and 2020).
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency in executive pay.
Maintains a strong asset base, consistently over $1 million.
Positive net income in several recent years (e.g., 2023, 2021, 2019, 2018, 2017, 2015).
Clear mission alignment with NTEE code F21 (Transitional Housing).
Spending Breakdown
How Making A Way Housing 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 Making A Way Housing Inc
Is Making A Way Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Making A Way Housing Inc (EIN: 161644159) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Making A Way Housing Inc a good charity to donate to?
Making A Way Housing Inc has a Mission Score of 85/100. Revenue: $540K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Making A Way Housing Inc?
The Employer Identification Number (EIN) for Making A Way Housing Inc is 161644159. 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 Making A Way Housing Inc spend its money?
Making A Way Housing Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Making A Way Housing Inc's tax-exempt status?
You can verify Making A Way Housing Inc's tax-exempt status using EIN 161644159 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
Making A Way Housing Inc demonstrates a generally stable financial position, with assets consistently over $1 million and revenues typically ranging from $500,000 to $900,000 annually. The organization has shown a positive net income in several recent years, such as 2023 ($558,676 revenue vs. $526,434 expenses) and 2021 ($812,363 revenue vs. $577,096 expenses), indicating effective management of its operational costs relative to its income. However, there have been periods of deficit spending, notably in 2022 ($508,640 revenue vs. $599,512 expenses) and 2020 ($912,215 revenue vs. $985,786 expenses), which suggests some variability in financial performance. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a commitment to directing resources towards its mission rather than executive salaries.
The organization's spending efficiency appears reasonable, with expenses generally aligning with revenue levels. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the absence of officer compensation suggests a lean operational structure at the top. The fluctuation in liabilities, from a low of $6,962 in 2018 to a high of $321,625 in 2020, warrants closer examination to understand the nature of these obligations and their impact on financial health. Overall, Making A Way Housing Inc exhibits a commendable level of transparency regarding executive pay and a generally sound financial footing, though careful monitoring of expense management during periods of revenue decline would be prudent.