Consistent operational deficits (expenses exceeding revenue) across all reported periods.
Gradual but steady decline in total assets over the past decade (from $3.3M in 2014 to $2.1M in 2023).
Strengths
No reported officer compensation, indicating high efficiency in executive spending.
Stable liabilities over a decade, suggesting well-managed long-term debt.
Consistent revenue stream, albeit lower than expenses, indicating a reliable base of support.
Clear focus on mission, as evidenced by NTEE code and lack of fundraising expenses.
Spending Breakdown
How Meadow Road Housing Corp allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
0%
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 Meadow Road Housing Corp
Is Meadow Road Housing Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Meadow Road Housing Corp (EIN: 204741922) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Meadow Road Housing Corp a good charity to donate to?
Meadow Road Housing Corp has a Mission Score of 75/100. Revenue: $261K. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Meadow Road Housing Corp?
The Employer Identification Number (EIN) for Meadow Road Housing Corp is 204741922. 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 Meadow Road Housing Corp spend its money?
Meadow Road Housing Corp allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Meadow Road Housing Corp's tax-exempt status?
You can verify Meadow Road Housing Corp's tax-exempt status using EIN 204741922 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
Meadow Road Housing Corp demonstrates consistent financial operations focused on its mission of providing housing. The organization has maintained a stable revenue stream, averaging around $220,000-$278,000 annually over the past decade. A notable trend is that expenses have consistently exceeded revenue, leading to a gradual decline in assets from $3.3 million in 2014 to $2.1 million in 2023. Despite this, the organization's liabilities have remained remarkably stable, hovering around $3.9 million, suggesting these are likely long-term obligations related to its housing assets rather than operational debt. The absence of reported officer compensation across all filings indicates a strong commitment to directing funds towards programs and operational needs, enhancing its transparency and efficiency profile.
The organization's spending efficiency appears to be reasonable given its NTEE code (L22 - Low-Income Housing). While specific program spending breakdowns aren't detailed in the provided summary, the consistent operational deficit suggests that the majority of expenses are likely tied to property maintenance, utilities, and other direct costs associated with providing housing. The lack of officer compensation is a significant positive indicator of efficient resource allocation. However, the sustained operational deficit warrants closer examination to ensure long-term financial sustainability, even if current liabilities are well-managed.