Is Salmon Creek Housing Inc Legit? —…

Red Flags

Consistent operational deficits (expenses exceeding revenue) over multiple years, e.g., 202406 expenses $131,278 vs. revenue $127,710.
Negative net asset position, with liabilities significantly exceeding assets (e.g., 202406 liabilities $846,977 vs. assets $663,561).
Declining asset base over the past decade, from $794,722 in 201506 to $663,561 in 202406.
Increasing liabilities over the past decade, from $801,567 in 201506 to $846,977 in 202406.

Spending Breakdown

How Salmon Creek Housing Inc allocates its funds across programs, administration, and fundraising.

85%

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 Salmon Creek Housing Inc

Is Salmon Creek Housing Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Salmon Creek Housing Inc (EIN: 20713689) shows mixed signals. Mission Score: 60/100. 4 red flags identified, 3 strengths noted.

Is Salmon Creek Housing Inc a good charity to donate to?

Salmon Creek Housing Inc has a Mission Score of 60/100. Revenue: $135K. Assets: $645K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Salmon Creek Housing Inc?

The Employer Identification Number (EIN) for Salmon Creek Housing Inc is 20713689. 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 Salmon Creek Housing Inc spend its money?

Salmon Creek Housing Inc allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Salmon Creek Housing Inc's tax-exempt status?

You can verify Salmon Creek Housing Inc's tax-exempt status using EIN 20713689 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

Salmon Creek Housing Inc. appears to be a small, community-focused organization dedicated to providing housing in Juneau, AK. Over the past decade, the organization has consistently operated with expenses exceeding revenue, leading to a gradual decline in assets and an increase in liabilities. For instance, in the latest filing (202406), expenses were $131,278 against revenues of $127,710, continuing a trend seen in previous years where expenses frequently outpaced revenue (e.g., 202306: expenses $107,304 vs. revenue $102,806; 202206: expenses $109,509 vs. revenue $70,821). This consistent deficit spending suggests potential long-term financial sustainability challenges if not addressed.

The organization's financial health shows a concerning trend of increasing liabilities relative to assets. In 202406, liabilities stood at $846,977 against assets of $663,561, indicating a negative net asset position. This trend has been ongoing, with liabilities consistently exceeding assets for several years. The absence of officer compensation reported across all filings suggests that the organization is likely volunteer-led or has very low administrative overhead in terms of executive salaries, which is a positive indicator for donor confidence in how funds are managed. However, the overall financial picture points to an organization that is struggling to cover its operational costs through its revenue streams.

Regarding transparency, the consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to public disclosure. The lack of reported officer compensation is a strong point for transparency and efficiency in executive spending. However, the persistent operational deficits and growing liabilities raise questions about the long-term viability and financial strategy, which could impact its overall effectiveness despite its apparent dedication to its mission.

Is Salmon Creek Housing Inc Legit?

Verdict: Salmon Creek Housing Inc shows mixed signals