Quick charity verification for Mount David Housing Inc (EIN: 10485193)
Verdict: Mount David Housing Inc appears trustworthy
80/100Mission Score
$206KRevenue
$421KAssets
2Red Flags
4Strengths
Red Flags
Historical periods of expenses exceeding revenue, such as in 202306 ($205,705 expenses vs. $184,967 revenue) and 202206 ($206,409 expenses vs. $171,942 revenue).
Overall decline in total assets from $809,703 in 201506 to $416,684 in 202406, indicating a shrinking organizational scale over the long term.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating strong dedication of funds to mission.
Significant positive net income in the most recent filing (202406) with revenue of $441,598 against expenses of $235,966.
Substantial reduction in liabilities from a high of $433,582 in 201606 to $30,768 in 202406, indicating improved financial solvency.
Consistent filing of IRS 990 forms over 14 periods, demonstrating good transparency.
Spending Breakdown
How Mount David Housing Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Mount David Housing Inc
Is Mount David Housing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mount David Housing Inc (EIN: 10485193) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
Is Mount David Housing Inc a good charity to donate to?
Mount David Housing Inc has a Mission Score of 80/100. Revenue: $206K. Assets: $421K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mount David Housing Inc?
The Employer Identification Number (EIN) for Mount David Housing Inc is 10485193. 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 Mount David Housing Inc spend its money?
Mount David Housing Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mount David Housing Inc's tax-exempt status?
You can verify Mount David Housing Inc's tax-exempt status using EIN 10485193 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
Mount David Housing Inc. demonstrates a fluctuating financial picture over the past decade. While the most recent filing (202406) shows a significant increase in revenue to $441,598, exceeding expenses of $235,966, this follows several years where expenses often outpaced revenue, such as in 202306 ($205,705 expenses vs. $184,967 revenue) and 202206 ($206,409 expenses vs. $171,942 revenue). The organization consistently reports 0% officer compensation, which is a positive indicator of efficient use of funds for its mission rather than executive salaries. However, the organization's assets have shown a general decline from a high of $809,703 in 201506 to $416,684 in 202406, while liabilities have also decreased from $433,582 in 201606 to $30,768 in 202406, indicating a reduction in overall financial scale but also improved solvency. The NTEE code P80Z suggests a focus on housing and shelter, aligning with its name. The consistent filing of IRS 990 forms over 14 periods indicates good transparency in reporting.