Quick charity verification for New Creation Healing Center Inc (EIN: 20503400)
Verdict: New Creation Healing Center Inc appears trustworthy
85/100Mission Score
$408KRevenue
$24KAssets
1Red Flags
3Strengths
Red Flags
Frequent minor operating deficits (expenses exceeding revenue) could indicate a need for stronger financial planning or fundraising efforts to build reserves.
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds and strong commitment to mission.
Low to zero reported liabilities in most recent years, demonstrating sound financial management and minimal debt.
Consistent revenue stream over the past decade, suggesting a stable donor base or program funding.
Spending Breakdown
How New Creation Healing Center 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 New Creation Healing Center Inc
Is New Creation Healing Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Creation Healing Center Inc (EIN: 20503400) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is New Creation Healing Center Inc a good charity to donate to?
New Creation Healing Center Inc has a Mission Score of 85/100. Revenue: $408K. Assets: $24K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Creation Healing Center Inc?
The Employer Identification Number (EIN) for New Creation Healing Center Inc is 20503400. 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 New Creation Healing Center Inc spend its money?
New Creation Healing Center Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Creation Healing Center Inc's tax-exempt status?
You can verify New Creation Healing Center Inc's tax-exempt status using EIN 20503400 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
New Creation Healing Center Inc. demonstrates consistent operational activity with annual revenues generally ranging between $370,000 and $450,000 over the past decade. The organization's financial health appears stable, though it frequently operates with expenses slightly exceeding revenue, as seen in 202312 ($384,576 expenses vs. $372,999 revenue) and 202212 ($418,766 expenses vs. $400,676 revenue). This trend of minor deficits suggests a tight operating margin, but not a critical financial instability given the relatively low liabilities reported in most years. Assets have fluctuated, reaching a high of $80,354 in 202112 and currently standing at $50,487 in 202312, indicating a modest but present reserve.
The organization's transparency is strong regarding executive compensation, as it consistently reports 0% officer compensation across all available filings. This indicates that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent reporting of liabilities near zero in recent years (e.g., $0 in 202312 and 202212) further enhances its financial transparency and stability.
Overall, New Creation Healing Center Inc. appears to be a financially stable organization with a consistent revenue stream and a commendable commitment to transparency regarding executive pay. While operating with narrow margins, its ability to maintain operations and keep liabilities low suggests prudent financial management. A more detailed expense breakdown would further clarify its spending efficiency.