Quick charity verification for Midwest Afc Homes (EIN: 113812004)
Verdict: Midwest Afc Homes appears trustworthy
92/100Mission Score
$1.5MRevenue
$247KAssets
1Red Flags
5Strengths
Red Flags
No reported officer compensation, which is unusual for an organization of this size and could indicate a lack of transparency if compensation is being paid through other means not clearly disclosed.
Strengths
Consistent revenue growth, increasing from $595,580 in 2014 to $1,378,789 in 2023, demonstrating expanding capacity.
Healthy financial position with positive net income in most years and no reported liabilities in recent filings (e.g., $0 liabilities in 2023).
Strong asset growth, with assets increasing from $84,464 in 2014 to $212,480 in 2023, indicating financial stability.
Efficient spending, with expenses closely tracking revenue, suggesting funds are actively used for operations.
Absence of reported officer compensation, implying a high dedication of resources to the mission or volunteer leadership.
Spending Breakdown
How Midwest Afc Homes allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Midwest Afc Homes
Is Midwest Afc Homes a legitimate charity?
Based on AI analysis of IRS 990 filings, Midwest Afc Homes (EIN: 113812004) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Midwest Afc Homes a good charity to donate to?
Midwest Afc Homes has a Mission Score of 92/100. Revenue: $1.5M. Assets: $247K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Midwest Afc Homes?
The Employer Identification Number (EIN) for Midwest Afc Homes is 113812004. 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 Midwest Afc Homes spend its money?
Midwest Afc Homes allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Midwest Afc Homes's tax-exempt status?
You can verify Midwest Afc Homes's tax-exempt status using EIN 113812004 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
Midwest Afc Homes demonstrates consistent financial growth and appears to be a well-managed organization. Over the past decade, its revenue has steadily increased from $595,580 in 2014 to $1,378,789 in 2023, indicating a growing capacity to serve its mission. The organization consistently operates with a positive net income, as seen in 2023 where revenue exceeded expenses by over $31,000, contributing to a healthy asset base of $212,480 with no reported liabilities. This suggests strong financial stewardship and a low-risk financial profile.
The organization's spending efficiency is commendable, with expenses closely tracking revenue, indicating that funds are being utilized for operations rather than accumulating excessive reserves. The absence of reported officer compensation across all available filings is a significant indicator of transparency and a strong commitment to directing resources towards programmatic activities. This practice suggests that leadership may be volunteer-based or compensated through other means not reported as officer compensation, which is a positive sign for donors.
Overall, Midwest Afc Homes exhibits robust financial health, efficient spending, and a high degree of transparency, particularly concerning executive compensation. The consistent growth in revenue and assets, coupled with minimal liabilities and no reported officer compensation, paints a picture of a financially sound and mission-focused nonprofit.