Is Queens Bnai Brith Housing Developement Fund Co Inc Legit?
Quick charity verification for Queens Bnai Brith Housing Developement Fund Co Inc (EIN: 112577741)
Verdict: Queens Bnai Brith Housing Developement Fund Co Inc appears trustworthy
95/100Mission Score
$3.8MRevenue
$4.4MAssets
2Red Flags
3Strengths
Red Flags
Consistent decline in assets over the past decade, from $10,188,121 in 201506 to $4,416,456 in 202406.
Liabilities ($5,371,843 in 202406) consistently exceed assets ($4,416,456 in 202406), indicating a negative net asset position.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency and dedication of funds to mission.
Stable revenue generation, with latest revenue at $3,795,506.
Expenses generally align with revenue, demonstrating operational control.
Spending Breakdown
How Queens Bnai Brith Housing Developement Fund Co Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Queens Bnai Brith Housing Developement Fund Co Inc
Is Queens Bnai Brith Housing Developement Fund Co Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Queens Bnai Brith Housing Developement Fund Co Inc (EIN: 112577741) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 3 strengths noted.
Is Queens Bnai Brith Housing Developement Fund Co Inc a good charity to donate to?
Queens Bnai Brith Housing Developement Fund Co Inc has a Mission Score of 95/100. Revenue: $3.8M. Assets: $4.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Queens Bnai Brith Housing Developement Fund Co Inc?
The Employer Identification Number (EIN) for Queens Bnai Brith Housing Developement Fund Co Inc is 112577741. 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 Queens Bnai Brith Housing Developement Fund Co Inc spend its money?
Queens Bnai Brith Housing Developement Fund Co Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Queens Bnai Brith Housing Developement Fund Co Inc's tax-exempt status?
You can verify Queens Bnai Brith Housing Developement Fund Co Inc's tax-exempt status using EIN 112577741 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
Queens Bnai Brith Housing Development Fund Co Inc demonstrates consistent financial operations focused on its mission of housing. The organization's revenue and expenses have remained relatively stable over the past decade, with a slight increase in revenue to $3,795,506 in the latest period (202406) against expenses of $3,823,334. A notable trend is the gradual decrease in assets from $10,188,121 in 201506 to $4,416,456 in 202406, accompanied by a corresponding decrease in liabilities. This suggests a potential reduction in the scale of its housing portfolio or a shift in asset management strategy. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards programmatic activities rather than executive salaries, enhancing its spending efficiency and transparency.