Unusually low or 0% reported officer compensation for an organization of this size, which may obscure true administrative costs.
Strengths
Long history of IRS 990 filings (13 filings), indicating consistent reporting and transparency.
Maintains significant asset base (over $3.3 million), providing some financial foundation.
Consistent revenue generation over $2.6 million annually, demonstrating ongoing support and activity.
Spending Breakdown
How North Fork Housing Alliance Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Fork Housing Alliance Inc
Is North Fork Housing Alliance Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, North Fork Housing Alliance Inc (EIN: 112627786) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is North Fork Housing Alliance Inc a good charity to donate to?
North Fork Housing Alliance Inc has a Mission Score of 65/100. Revenue: $3.4M. Assets: $3.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for North Fork Housing Alliance Inc?
The Employer Identification Number (EIN) for North Fork Housing Alliance Inc is 112627786. 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 Fork Housing Alliance Inc spend its money?
North Fork Housing Alliance Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify North Fork Housing Alliance Inc's tax-exempt status?
You can verify North Fork Housing Alliance Inc's tax-exempt status using EIN 112627786 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 Fork Housing Alliance Inc. demonstrates consistent operational activity, with revenues and expenses generally in the range of $2.6 million to $3.5 million over the past decade. The organization has frequently operated with expenses exceeding revenue, as seen in 2023 where expenses were $3,090,741 against revenues of $2,615,748, indicating a reliance on prior reserves or other funding sources to cover operational deficits. While assets have fluctuated, they have generally remained above $3.3 million, providing some financial stability. However, the organization's liabilities have often exceeded its assets in recent years, such as in 2023 where liabilities were $4,222,902 against assets of $3,528,238, which is a point of concern regarding long-term financial health.
The consistent reporting of 0% officer compensation across all available filings suggests either a volunteer-led executive team or that executive compensation is reported under other expense categories, which could impact the clarity of administrative spending. Without detailed breakdowns of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. However, the consistent operational deficits suggest that the organization is spending at or above its incoming revenue, which requires careful management.
In terms of transparency, the availability of 13 years of IRS 990 filings is a positive indicator. However, the lack of reported officer compensation in the provided data makes it difficult to fully evaluate executive pay practices. A more detailed breakdown of expenses would enhance the assessment of how efficiently funds are being allocated to programs versus overhead. The consistent deficits and the trend of liabilities exceeding assets in recent years warrant closer scrutiny for potential financial risks.