Is North Country Affordable Housing Inc…

Quick charity verification for North Country Affordable Housing Inc (EIN: 161301678)

Spending Breakdown

How North Country Affordable Housing Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 North Country Affordable Housing Inc

Is North Country Affordable Housing Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, North Country Affordable Housing Inc (EIN: 161301678) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is North Country Affordable Housing Inc a good charity to donate to?

North Country Affordable Housing Inc has a Mission Score of 85/100. Revenue: $1.8M. Assets: $2.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for North Country Affordable Housing Inc?

The Employer Identification Number (EIN) for North Country Affordable Housing Inc is 161301678. 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 North Country Affordable Housing Inc spend its money?

North Country Affordable Housing Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify North Country Affordable Housing Inc's tax-exempt status?

You can verify North Country Affordable Housing Inc's tax-exempt status using EIN 161301678 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

North Country Affordable Housing Inc. demonstrates consistent financial activity, with revenues and expenses generally in the range of $500,000 to $1.1 million over the past decade. The organization's assets have remained relatively stable, hovering around $1.8 million to $2.4 million, while liabilities consistently exceed assets, indicating a reliance on debt financing, likely related to its affordable housing mission. For instance, in 2023, assets were $1,889,292 against liabilities of $3,525,285. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of financial stewardship.

However, the organization frequently reports expenses exceeding revenue, as seen in 2023 ($933,207 expenses vs. $914,436 revenue) and 2022 ($1,187,362 expenses vs. $1,137,393 revenue). While this could be due to strategic investments or timing of grants, a sustained trend of operating deficits warrants closer examination. The NTEE code L20Z (Housing, Shelter) suggests a capital-intensive mission, which often involves significant debt. The lack of reported officer compensation also implies a lean administrative structure, which generally contributes to spending efficiency.

Overall, North Country Affordable Housing Inc. appears to be a transparent organization given its consistent filing history and zero reported officer compensation. Its financial health, while showing consistent deficits and high liabilities relative to assets, is likely tied to the nature of its affordable housing work. Further analysis would require a deeper dive into the composition of its liabilities and the specific programs funded to fully assess its long-term sustainability and impact.

Is North Country Affordable Housing Inc Legit?

Verdict: North Country Affordable Housing Inc appears trustworthy

Red Flags

Strengths