Consistent negative net assets (liabilities exceeding assets) over multiple years
Declining asset base over the past decade (e.g., $5.4M in 2014 to $3.8M in 2023)
Strengths
0% officer compensation, indicating volunteer leadership and efficient use of funds
Consistent revenue generation over a decade, demonstrating operational stability
Strong program spending ratio (estimated 90% based on NTEE code and lack of fundraising expenses)
Spending Breakdown
How Westby Housing Associates Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Westby Housing Associates Inc
Is Westby Housing Associates Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Westby Housing Associates Inc (EIN: 10706379) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Westby Housing Associates Inc a good charity to donate to?
Westby Housing Associates Inc has a Mission Score of 70/100. Revenue: $1.9M. Assets: $3.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Westby Housing Associates Inc?
The Employer Identification Number (EIN) for Westby Housing Associates Inc is 10706379. 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 Westby Housing Associates Inc spend its money?
Westby Housing Associates Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Westby Housing Associates Inc's tax-exempt status?
You can verify Westby Housing Associates Inc's tax-exempt status using EIN 10706379 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
Westby Housing Associates Inc. demonstrates consistent operational activity, with revenues and expenses generally in the range of $1.5 million to $2.2 million over the past decade. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and a commitment to directing resources towards its mission rather than executive salaries. However, the organization has consistently operated with liabilities exceeding assets, indicating a potentially precarious financial position. For example, in 2023, assets were $3,862,431 while liabilities stood at $5,685,184. This long-term trend of negative net assets warrants closer examination to understand the underlying financial structure and sustainability. While the lack of officer compensation suggests good transparency in that area, the overall financial health, particularly the asset-to-liability ratio, raises questions about long-term stability.