Is Peninsula Housing Development Inc Xvi Legit?

Quick charity verification for Peninsula Housing Development Inc Xvi (EIN: 20588063)

Verdict: Peninsula Housing Development Inc Xvi shows mixed signals

65/100Mission Score
$769KRevenue
$5.7MAssets
4Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Peninsula Housing Development Inc Xvi 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 Peninsula Housing Development Inc Xvi

Is Peninsula Housing Development Inc Xvi a legitimate charity?

Based on AI analysis of IRS 990 filings, Peninsula Housing Development Inc Xvi (EIN: 20588063) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 4 strengths noted.

Is Peninsula Housing Development Inc Xvi a good charity to donate to?

Peninsula Housing Development Inc Xvi has a Mission Score of 65/100. Revenue: $769K. Assets: $5.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Peninsula Housing Development Inc Xvi?

The Employer Identification Number (EIN) for Peninsula Housing Development Inc Xvi is 20588063. 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 Peninsula Housing Development Inc Xvi spend its money?

Peninsula Housing Development Inc Xvi allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Peninsula Housing Development Inc Xvi's tax-exempt status?

You can verify Peninsula Housing Development Inc Xvi's tax-exempt status using EIN 20588063 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

Peninsula Housing Development Inc Xvi appears to be a stable organization focused on its mission, as evidenced by its consistent program spending and lack of reported officer compensation. However, the organization has consistently operated at a deficit, with expenses exceeding revenue in every reported period. For example, in 2023, expenses were $861,505 against revenues of $657,671, indicating a reliance on existing assets or other funding sources to cover operational costs. While its assets are substantial at $5,661,089, its liabilities are significantly higher at $8,828,939 in 2023, suggesting a highly leveraged financial structure. The consistent decline in assets over the past decade, from $7,547,018 in 2014 to $5,785,516 in 2023, alongside increasing liabilities, warrants closer examination of its long-term financial sustainability. The absence of officer compensation reported across all filings suggests either a volunteer-led executive team or compensation being reported under other expense categories, which could impact transparency.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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