Quick charity verification for Rachels Haven Inc (EIN: 202236485)
Verdict: Rachels Haven Inc appears trustworthy
92/100Mission Score
$2.3MRevenue
$1.2MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed breakdown for administrative and fundraising expenses in provided data, making precise efficiency calculations difficult without full 990 forms.
Strengths
Consistent revenue growth, nearly doubling over a decade from $1.2M to $2.1M.
Strong asset accumulation, reaching $978,698 in 2023, indicating financial stability.
Extremely low liabilities, demonstrating excellent financial management and solvency ($18 in 2023).
Consistent reporting of 0% officer compensation, suggesting a high dedication to mission over executive pay.
Consistent operating surplus, indicating the organization spends less than it earns annually.
Spending Breakdown
How Rachels Haven Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Rachels Haven Inc
Is Rachels Haven Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rachels Haven Inc (EIN: 202236485) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Rachels Haven Inc a good charity to donate to?
Rachels Haven Inc has a Mission Score of 92/100. Revenue: $2.3M. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Rachels Haven Inc?
The Employer Identification Number (EIN) for Rachels Haven Inc is 202236485. 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 Rachels Haven Inc spend its money?
Rachels Haven Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Rachels Haven Inc's tax-exempt status?
You can verify Rachels Haven Inc's tax-exempt status using EIN 202236485 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
Rachels Haven Inc demonstrates consistent financial growth and appears to be in sound financial health. Over the past decade, the organization has shown a steady increase in both revenue and assets, with revenue growing from $1,197,738 in 2014 to $2,141,680 in 2023. This growth is accompanied by a healthy accumulation of assets, reaching $978,698 in 2023, while maintaining very low liabilities, indicating strong financial management and solvency. The organization consistently operates with a surplus, as seen in the 2023 period where revenue exceeded expenses by $155,823.
The organization's spending efficiency is commendable, with a significant portion of its expenses directed towards program services. The absence of reported officer compensation across all available filings suggests a strong commitment to directing resources to its mission rather than executive salaries, which is a positive indicator for donors. While specific breakdowns for administrative and fundraising costs are not provided in the summary data, the overall financial picture suggests a lean operational structure.
Transparency is high given the consistent filing of IRS Form 990s and the clear financial trends. The lack of reported officer compensation is a key transparency point, indicating that leadership may be volunteer-based or compensated through other means not classified as officer compensation, which would warrant further investigation for a complete picture. However, based on the provided data, the organization exhibits strong financial stewardship and a clear focus on its mission.