Quick charity verification for Rockaway Home Attendant Services Inc (EIN: 112515063)
Verdict: Rockaway Home Attendant Services Inc appears trustworthy
85/100Mission Score
$42.5MRevenue
$43.1MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which may obscure actual leadership costs if compensated through other means or entities.
Strengths
Consistent revenue growth, from $16.6M in 2014 to $36.7M in 2023.
Positive operating margins in all reported periods, indicating financial health.
Significant increase in assets, from $5.1M in 2014 to $28.3M in 2023, demonstrating strong financial accumulation.
High estimated program spending ratio (88%), suggesting efficient use of funds for its mission.
Spending Breakdown
How Rockaway Home Attendant Services Inc allocates its funds across programs, administration, and fundraising.
88%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
2%
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 Rockaway Home Attendant Services Inc
Is Rockaway Home Attendant Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rockaway Home Attendant Services Inc (EIN: 112515063) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Rockaway Home Attendant Services Inc a good charity to donate to?
Rockaway Home Attendant Services Inc has a Mission Score of 85/100. Revenue: $42.5M. Assets: $43.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Rockaway Home Attendant Services Inc?
The Employer Identification Number (EIN) for Rockaway Home Attendant Services Inc is 112515063. 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 Rockaway Home Attendant Services Inc spend its money?
Rockaway Home Attendant Services Inc allocates 88% to programs, 10% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Rockaway Home Attendant Services Inc's tax-exempt status?
You can verify Rockaway Home Attendant Services Inc's tax-exempt status using EIN 112515063 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
Rockaway Home Attendant Services Inc demonstrates consistent financial growth over the past decade, with revenue increasing from $16.6 million in 2014 to $36.7 million in 2023. The organization consistently operates with a surplus, as evidenced by its expenses being lower than its revenue in all reported periods. For instance, in 2023, revenue was $36,778,365 against expenses of $32,243,056, indicating a healthy operating margin. This consistent surplus has contributed to a significant increase in assets, growing from $5.1 million in 2014 to $28.3 million in 2023, suggesting strong financial management and accumulation of resources.
The organization's financial health appears robust, with a solid asset base and manageable liabilities. In 2023, liabilities were $5,619,318, which is a reasonable proportion of its $28,324,786 in assets. The consistent growth in both revenue and assets, coupled with a positive operating margin, indicates a stable and expanding organization. The absence of reported officer compensation across all filings suggests a potential reliance on volunteer leadership or that compensation is reported under other expense categories, which could impact the perception of transparency regarding leadership costs if not clearly detailed elsewhere.