Quick charity verification for Poets House Inc (EIN: 133255098)
Verdict: Poets House Inc appears trustworthy
85/100Mission Score
$1.9MRevenue
$8.5MAssets
1Red Flags
4Strengths
Red Flags
Significant increase in liabilities in 202312 to over $1 million, requiring further investigation.
Strengths
Consistent revenue growth, with 202312 revenue at $2,070,267.
Strong asset growth, reaching $9,025,633 in 202312.
No reported officer compensation across all available filings, indicating efficient use of funds.
Positive net income in recent years, particularly a large surplus in 202312 ($2,070,267 revenue vs. $1,134,715 expenses).
Spending Breakdown
How Poets House Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
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 Poets House Inc
Is Poets House Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Poets House Inc (EIN: 133255098) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Poets House Inc a good charity to donate to?
Poets House Inc has a Mission Score of 85/100. Revenue: $1.9M. Assets: $8.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Poets House Inc?
The Employer Identification Number (EIN) for Poets House Inc is 133255098. 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 Poets House Inc spend its money?
Poets House Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Poets House Inc's tax-exempt status?
You can verify Poets House Inc's tax-exempt status using EIN 133255098 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
Poets House Inc. demonstrates a generally stable financial position with consistent revenue streams and growing assets. In the most recent filing (202312), the organization reported revenues of $2,070,267 against expenses of $1,134,715, indicating a significant surplus for the period. This positive trend is also reflected in the growth of assets, which increased from $7,915,420 in 202212 to $9,025,633 in 202312. The organization's liabilities have fluctuated, with a notable increase to $1,004,028 in 202312, which warrants further investigation to understand its nature.
Spending efficiency appears strong, particularly in the latest period where expenses were considerably lower than revenue. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health suggests effective management of resources. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to minimizing executive overhead, which is a positive sign for donors.
Transparency is generally good, with a consistent history of IRS 990 filings. The absence of reported officer compensation is a key transparency indicator. To further enhance transparency, a detailed breakdown of program spending versus administrative and fundraising costs would be beneficial for a more granular assessment of efficiency.