Quick charity verification for Venture House Inc (EIN: 112890587)
Verdict: Venture House Inc appears trustworthy
85/100Mission Score
$9.3MRevenue
$6.6MAssets
2Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate a lack of transparency in reporting executive pay.
NTEE code is unknown, making it difficult to benchmark against similar organizations or understand its specific charitable purpose without further research.
Strengths
Consistent revenue growth over the past decade, indicating expanding operations and funding stability (e.g., from $2.6M in 2014 to $6.0M in 2023).
Strong financial health with growing assets (from $817K in 2014 to $4.2M in 2023).
High percentage of revenue consistently spent on expenses, suggesting efficient use of funds rather than excessive accumulation (e.g., 96.6% of revenue spent in 2023).
Positive net assets maintained across all reported periods, indicating financial stability.
Spending Breakdown
How Venture House Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Venture House Inc
Is Venture House Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Venture House Inc (EIN: 112890587) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Venture House Inc a good charity to donate to?
Venture House Inc has a Mission Score of 85/100. Revenue: $9.3M. Assets: $6.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Venture House Inc?
The Employer Identification Number (EIN) for Venture House Inc is 112890587. 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 Venture House Inc spend its money?
Venture House Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Venture House Inc's tax-exempt status?
You can verify Venture House Inc's tax-exempt status using EIN 112890587 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
Venture House Inc. demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past decade, the organization has shown a significant increase in revenue, from $2.6 million in 2014 to over $6 million in 2023, indicating expanding operations and funding. Their assets have also grown substantially, reaching $4.2 million in 2023, which provides a solid financial foundation. The organization consistently spends nearly all of its revenue on expenses, suggesting efficient use of funds rather than accumulating excessive reserves, while still maintaining a positive net asset position.
While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the consistent expenditure of a high percentage of revenue on overall expenses (e.g., $5,889,811 in expenses against $6,092,819 in revenue in 2023) suggests that a significant portion is likely directed towards its mission. The absence of reported officer compensation across all filings is a notable point regarding transparency and resource allocation, indicating that leadership may be compensated through other means or that the organization operates with a volunteer leadership structure, which could be a positive indicator of efficiency. Further detailed analysis of their full 990 forms would be needed to fully assess spending efficiency ratios and specific program impact.