Quick charity verification for W O W Transition House Inc (EIN: 202573347)
Verdict: W O W Transition House Inc appears trustworthy
90/100Mission Score
$454KRevenue
$186KAssets
1Red Flags
5Strengths
Red Flags
Consistent 0% officer compensation may warrant further inquiry into how leadership is sustained or if compensation is reported under other expense categories.
Strengths
Significant revenue growth from $31,519 in 2020 to $238,785 in 2022, demonstrating increasing support and impact.
Strong asset growth from $13,725 in 2020 to $114,261 in 2022, indicating financial stability and capacity building.
Low liabilities, with $2,232 in 2022 and $0 in prior years, suggesting sound financial management and minimal debt.
Consistent reporting of 0% officer compensation, implying a highly efficient and potentially volunteer-driven leadership structure.
Expenses consistently lower than revenue, allowing for accumulation of net assets and future program investment.
Spending Breakdown
How W O W Transition 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 W O W Transition House Inc
Is W O W Transition House Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, W O W Transition House Inc (EIN: 202573347) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is W O W Transition House Inc a good charity to donate to?
W O W Transition House Inc has a Mission Score of 90/100. Revenue: $454K. Assets: $186K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for W O W Transition House Inc?
The Employer Identification Number (EIN) for W O W Transition House Inc is 202573347. 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 W O W Transition House Inc spend its money?
W O W Transition House Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify W O W Transition House Inc's tax-exempt status?
You can verify W O W Transition House Inc's tax-exempt status using EIN 202573347 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
W O W Transition House Inc has demonstrated significant growth in recent years, with revenue increasing from $31,519 in 2020 to $238,785 in 2022. This growth is also reflected in its asset base, which grew from $13,725 to $114,261 over the same period. The organization consistently spends less than it earns, as evidenced by its positive net assets and the fact that expenses ($190,291 in 2022) are lower than revenue ($238,785 in 2022). This indicates sound financial management and the ability to build reserves.
The organization appears to be efficient in its spending, with a healthy ratio of program expenses to total expenses. The absence of reported officer compensation across all available filings suggests that leadership may be volunteer-based or compensated through other means not captured in this specific line item, which can contribute to lower administrative costs. The consistent growth in assets and revenue, coupled with low liabilities, points to a stable and improving financial position.
Transparency is generally good, with 10 years of filing history available. The consistent reporting of zero officer compensation is a notable aspect, suggesting a lean operational structure. The organization's ability to manage its finances effectively while expanding its operations indicates a strong foundation for its mission.