Is Volusia Flagler County Coalition For The Homeless Inc Legit?
Quick charity verification for Volusia Flagler County Coalition For The Homeless Inc (EIN: 161649078)
Verdict: Volusia Flagler County Coalition For The Homeless Inc appears trustworthy
92/100Mission Score
$2.9MRevenue
$2.8MAssets
2Red Flags
5Strengths
Red Flags
Unusually low liabilities relative to assets in some periods, potentially indicating significant grant funding or specific asset types.
No reported officer compensation for an organization of this size could indicate reliance on external management or a fully volunteer executive board, which might raise questions about long-term sustainability or professional oversight if not clearly explained.
Stable asset base, consistently around $2.7 million, providing a solid foundation.
Zero reported officer compensation across all filings, demonstrating a strong commitment to program spending.
Decreasing trend in liabilities in recent years, improving financial health.
Clear alignment between organizational name and NTEE code (Homeless Services).
Spending Breakdown
How Volusia Flagler County Coalition For The Homeless 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 Volusia Flagler County Coalition For The Homeless Inc
Is Volusia Flagler County Coalition For The Homeless Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Volusia Flagler County Coalition For The Homeless Inc (EIN: 161649078) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
Is Volusia Flagler County Coalition For The Homeless Inc a good charity to donate to?
Volusia Flagler County Coalition For The Homeless Inc has a Mission Score of 92/100. Revenue: $2.9M. Assets: $2.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Volusia Flagler County Coalition For The Homeless Inc?
The Employer Identification Number (EIN) for Volusia Flagler County Coalition For The Homeless Inc is 161649078. 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 Volusia Flagler County Coalition For The Homeless Inc spend its money?
Volusia Flagler County Coalition For The Homeless Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Volusia Flagler County Coalition For The Homeless Inc's tax-exempt status?
You can verify Volusia Flagler County Coalition For The Homeless Inc's tax-exempt status using EIN 161649078 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
Volusia Flagler County Coalition For The Homeless Inc demonstrates consistent financial operations, with revenues generally tracking expenses closely over the past decade. For instance, in fiscal year 2023, the organization reported revenues of $1,992,779 against expenses of $1,911,069, indicating a slight surplus. While the organization's assets have remained relatively stable, hovering around $2.7 million in recent years, its liabilities have shown some fluctuation, decreasing from $417,602 in 2021 to $218,452 in 2023, which is a positive trend. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, enhancing its financial health and public trust. The organization's NTEE code P85 (Homeless Services) aligns with its name, indicating a clear programmatic focus.