Is Tennessee Association Of Affordablehousing Inc Legit?
Quick charity verification for Tennessee Association Of Affordablehousing Inc (EIN: 205885120)
Verdict: Tennessee Association Of Affordablehousing Inc appears trustworthy
85/100Mission Score
$128KRevenue
$94KAssets
1Red Flags
4Strengths
Red Flags
Slight operating deficit in the latest filing (202312), with expenses exceeding revenue by $4,743.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating high dedication of funds to mission.
Strong and consistent filing history with 13 IRS 990s, demonstrating transparency and compliance.
Stable asset base, growing from $30,172 in 2014 to $92,365 in 2023.
Minimal liabilities, with $0 reported for most periods and only $2,829 in 2023.
Spending Breakdown
How Tennessee Association Of Affordablehousing Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Tennessee Association Of Affordablehousing Inc
Is Tennessee Association Of Affordablehousing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tennessee Association Of Affordablehousing Inc (EIN: 205885120) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Tennessee Association Of Affordablehousing Inc a good charity to donate to?
Tennessee Association Of Affordablehousing Inc has a Mission Score of 85/100. Revenue: $128K. Assets: $94K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tennessee Association Of Affordablehousing Inc?
The Employer Identification Number (EIN) for Tennessee Association Of Affordablehousing Inc is 205885120. 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 Tennessee Association Of Affordablehousing Inc spend its money?
Tennessee Association Of Affordablehousing Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tennessee Association Of Affordablehousing Inc's tax-exempt status?
You can verify Tennessee Association Of Affordablehousing Inc's tax-exempt status using EIN 205885120 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
The Tennessee Association Of Affordablehousing Inc demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past decade. In the latest filing (202312), the organization reported revenues of $97,368 against expenses of $102,111, indicating a slight operating deficit for that period. Assets have remained relatively stable, with $92,365 in 2023, showing a healthy financial base for an organization of its size. The consistent reporting of zero officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries.
Spending efficiency appears to be a strength, particularly given the absence of officer compensation. While a detailed functional expense breakdown isn't provided in the summary data, the overall financial picture suggests that the organization is managing its resources effectively to support its affordable housing mission. The organization's liabilities have been minimal or zero in most periods, with a slight increase to $2,829 in 2023, which is a very small fraction of its assets.
In terms of transparency, the organization has a robust filing history with 13 IRS 990 filings, indicating consistent compliance with reporting requirements. The consistent reporting of zero officer compensation is a positive indicator of transparency regarding how funds are allocated. Overall, the financial data suggests a well-managed and transparent organization focused on its program goals.