0% officer compensation, demonstrating high efficiency in executive costs
Long history of IRS 990 filings, indicating transparency and compliance
Stable revenue streams over multiple years
Spending Breakdown
How Rockland Home For The Aged Housing Development Fund Company 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 Rockland Home For The Aged Housing Development Fund Company Inc
Is Rockland Home For The Aged Housing Development Fund Company Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rockland Home For The Aged Housing Development Fund Company Inc (EIN: 132981097) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Rockland Home For The Aged Housing Development Fund Company Inc a good charity to donate to?
Rockland Home For The Aged Housing Development Fund Company Inc has a Mission Score of 75/100. Revenue: $1.7M. Assets: $5.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Rockland Home For The Aged Housing Development Fund Company Inc?
The Employer Identification Number (EIN) for Rockland Home For The Aged Housing Development Fund Company Inc is 132981097. 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 Rockland Home For The Aged Housing Development Fund Company Inc spend its money?
Rockland Home For The Aged Housing Development Fund Company Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Rockland Home For The Aged Housing Development Fund Company Inc's tax-exempt status?
You can verify Rockland Home For The Aged Housing Development Fund Company Inc's tax-exempt status using EIN 132981097 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
Rockland Home For The Aged Housing Development Fund Company Inc demonstrates consistent financial operations, with revenues generally exceeding expenses over the past several years. For instance, in the 202406 period, revenue was $1,672,126 against expenses of $1,525,339, indicating a surplus. The organization's assets have remained relatively stable, hovering around $5.8 million to $6 million in recent years, though there has been a gradual decline from a high of $7,046,885 in 201506. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, which suggests a volunteer-led or externally managed executive structure, contributing to operational efficiency by minimizing overhead in this area. However, the organization consistently reports liabilities exceeding assets, indicating a negative net asset position, which warrants closer examination.
The organization's spending efficiency appears sound given the consistent surpluses and the lack of reported officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall financial health, as indicated by the revenue-to-expense ratio, is generally positive. The consistent filing of IRS Form 990s over 14 periods demonstrates a commitment to transparency, allowing public scrutiny of its financial activities. The stability in revenue and expenses suggests predictable operations, which is a positive indicator for a housing development fund company.