Is Souhegan Valley Interfaith Housing Corporation Legit?
Quick charity verification for Souhegan Valley Interfaith Housing Corporation (EIN: 20518442)
Verdict: Souhegan Valley Interfaith Housing Corporation shows mixed signals
45/100Mission Score
$0Revenue
$0Assets
3Red Flags
2Strengths
Red Flags
Consistent operating deficits in recent years (e.g., $1,695 revenue vs. $52,525 expenses in 202306)
Declining asset base ($415,542 in 202106 to $309,703 in 202306)
Significant year-over-year revenue volatility (e.g., $371,301 in 202106 vs. $1,695 in 202306)
Strengths
No officer compensation reported, indicating a volunteer-led leadership
Zero liabilities reported across all filings, suggesting no outstanding debt
Spending Breakdown
How Souhegan Valley Interfaith Housing Corporation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Souhegan Valley Interfaith Housing Corporation
Is Souhegan Valley Interfaith Housing Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Souhegan Valley Interfaith Housing Corporation (EIN: 20518442) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
Is Souhegan Valley Interfaith Housing Corporation a good charity to donate to?
Souhegan Valley Interfaith Housing Corporation has a Mission Score of 45/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Souhegan Valley Interfaith Housing Corporation?
The Employer Identification Number (EIN) for Souhegan Valley Interfaith Housing Corporation is 20518442. 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 Souhegan Valley Interfaith Housing Corporation spend its money?
Souhegan Valley Interfaith Housing Corporation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Souhegan Valley Interfaith Housing Corporation's tax-exempt status?
You can verify Souhegan Valley Interfaith Housing Corporation's tax-exempt status using EIN 20518442 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
Souhegan Valley Interfaith Housing Corporation exhibits a concerning financial trend, with expenses consistently exceeding revenue in recent years. In the 202306 period, the organization reported revenue of $1,695 against expenses of $52,525, indicating a significant operating deficit. This pattern is also visible in 202206, where revenue was $13,072 and expenses were $68,081. While the organization reported substantial revenue in 202106 ($371,301), this appears to be an outlier compared to other periods. The organization's assets have also been declining, from $415,542 in 202106 to $309,703 in 202306, suggesting a depletion of reserves. The consistent lack of officer compensation reported across all filings indicates a volunteer-led structure, which can be a positive for efficiency, but the overall financial sustainability is questionable given the recurring deficits.