Is The Storehouse Legit?

Quick charity verification for The Storehouse (EIN: 200500031)

Verdict: The Storehouse appears trustworthy

95/100Mission Score
$67KRevenue
$2KAssets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How The Storehouse allocates its funds across programs, administration, and fundraising.

100%
Program Spending
Healthy — majority goes to mission
0%
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 The Storehouse

Is The Storehouse a legitimate charity?

Based on AI analysis of IRS 990 filings, The Storehouse (EIN: 200500031) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.

Is The Storehouse a good charity to donate to?

The Storehouse has a Mission Score of 95/100. Revenue: $67K. Assets: $2K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Storehouse?

The Employer Identification Number (EIN) for The Storehouse is 200500031. 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 The Storehouse spend its money?

The Storehouse allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Storehouse's tax-exempt status?

You can verify The Storehouse's tax-exempt status using EIN 200500031 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 Storehouse, a small nonprofit in Omaha, NE, demonstrates a consistent commitment to its mission with a strong program spending ratio, indicating that the vast majority of its expenditures directly support its charitable activities. Over its filing history, the organization has maintained zero officer compensation, which is a significant positive indicator of financial stewardship and a focus on mission over executive pay. While its revenue and asset base are modest, the consistent filing of IRS Form 990s over eight periods, coupled with zero liabilities reported in all available filings, suggests a well-managed and transparent operation for an organization of its size. The organization's financial health appears stable, though its asset base has fluctuated, showing a recent decrease from $2,888 in 2019 to $2,286 currently, which warrants monitoring.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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