Is Regional Housing Solutions Legit?

Quick charity verification for Regional Housing Solutions (EIN: 203188840)

Verdict: Regional Housing Solutions appears trustworthy

75/100Mission Score

$161KRevenue

$1.3MAssets

2Red Flags

3Strengths

Red Flags

Consistent deficit spending (expenses exceeding revenue) for four consecutive years.
Declining asset base from $1,913,243 in 2021 to $1,333,891 in 2023.

Strengths

Zero reported officer compensation for four consecutive years, indicating efficient use of funds for leadership.
Substantial asset base of over $1.2 million, providing a buffer despite deficit spending.
Reduction in liabilities from $1,273,112 in 2021 to $800,111 in 2023, showing effective debt management.

Spending Breakdown

How Regional Housing Solutions 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 Regional Housing Solutions

Is Regional Housing Solutions a legitimate charity?

Based on AI analysis of IRS 990 filings, Regional Housing Solutions (EIN: 203188840) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Regional Housing Solutions a good charity to donate to?

Regional Housing Solutions has a Mission Score of 75/100. Revenue: $161K. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Regional Housing Solutions?

The Employer Identification Number (EIN) for Regional Housing Solutions is 203188840. 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 Regional Housing Solutions spend its money?

Regional Housing Solutions allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Regional Housing Solutions's tax-exempt status?

You can verify Regional Housing Solutions's tax-exempt status using EIN 203188840 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

Regional Housing Solutions appears to be a small but consistently operating nonprofit focused on housing solutions in Fort Smith, AR. Over the past four years, the organization has consistently reported expenses exceeding revenue, leading to a gradual decline in assets from $1,913,243 in 2021 to $1,333,891 in 2023. While this trend of deficit spending is a concern for long-term sustainability, the organization's liabilities have also decreased from a high of $1,273,112 in 2021 to $800,111 in 2023, which is a positive sign of debt management. The consistent reporting of 0% officer compensation across all filings indicates a commitment to directing funds towards its mission rather than executive salaries, enhancing its transparency and public trust.

The organization's financial health, while showing a decline in net assets, is supported by a relatively stable asset base of over $1.2 million. The consistent deficit spending, with expenses exceeding revenue by approximately $40,000-$50,000 annually, suggests a reliance on prior reserves or non-operating income not fully detailed in the provided summary. The absence of officer compensation is a strong indicator of spending efficiency in terms of leadership costs. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of spending efficiency is challenging.

In terms of transparency, the consistent filing of IRS Form 990s is a positive. The lack of reported officer compensation is a significant strength, indicating that the organization's leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which can be viewed favorably by donors. However, the provided data does not offer enough detail to fully assess the allocation of expenses between programs, administration, and fundraising, which is crucial for a comprehensive transparency evaluation.

View Full Transparency Report →

Disclaimer

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