Is Peninsula Housing Development Inc Xvii…

Quick charity verification for Peninsula Housing Development Inc Xvii (EIN: 113672728)

Spending Breakdown

How Peninsula Housing Development Inc Xvii allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

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 Peninsula Housing Development Inc Xvii

Is Peninsula Housing Development Inc Xvii a legitimate charity?

Based on AI analysis of IRS 990 filings, Peninsula Housing Development Inc Xvii (EIN: 113672728) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.

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

Peninsula Housing Development Inc Xvii has a Mission Score of 60/100. Revenue: $724K. Assets: $8.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Peninsula Housing Development Inc Xvii?

The Employer Identification Number (EIN) for Peninsula Housing Development Inc Xvii is 113672728. 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 Xvii spend its money?

Peninsula Housing Development Inc Xvii allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

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

You can verify Peninsula Housing Development Inc Xvii's tax-exempt status using EIN 113672728 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 Xvii appears to be a financially stable organization, though it consistently operates at a deficit, with expenses exceeding revenue in all reported periods. For instance, in 2023, expenses were $850,272 against revenues of $528,755. This trend suggests reliance on existing assets or other funding mechanisms not fully captured by annual revenue figures, as total assets have been steadily declining from $11,719,790 in 2014 to $9,159,910 in 2023. The organization's liabilities consistently exceed its assets, indicating a potentially high debt burden relative to its holdings.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent operational deficit raises questions about long-term sustainability if this trend continues without a clear strategy to increase revenue or reduce expenses. The lack of reported officer compensation across all filings suggests either a volunteer-led executive team or compensation is structured in a way that it is not reported as officer compensation on the 990, which could impact transparency.

Overall, while the organization maintains significant assets, the persistent negative net income and high liabilities warrant closer examination. The absence of reported executive compensation is a positive sign for resource allocation to mission, assuming the organization is effectively managed without paid leadership or that compensation is minimal and not reported in this category. However, the declining asset base and consistent operational losses are areas of concern for its long-term financial health.

Is Peninsula Housing Development Inc Xvii Legit?

Verdict: Peninsula Housing Development Inc Xvii shows mixed signals

Red Flags

Strengths