Liabilities consistently and significantly exceed assets (e.g., $856,204 liabilities vs. $258,078 assets in 2023), indicating potential long-term solvency issues.
Declining asset base over the past decade, from $495,263 in 2014 to $258,078 in 2023, while liabilities remain high.
Lack of detailed expense breakdown in available data makes it difficult to fully assess program efficiency.
Strengths
Consistent revenue generation over the past decade, showing a slight upward trend.
No officer compensation reported across all filings, suggesting efficient use of funds at the executive level.
Consistent filing of IRS Form 990s, indicating good transparency in financial reporting.
Spending Breakdown
How Whitney Brookside Corporation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Whitney Brookside Corporation
Is Whitney Brookside Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Whitney Brookside Corporation (EIN: 10382451) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
Is Whitney Brookside Corporation a good charity to donate to?
Whitney Brookside Corporation has a Mission Score of 60/100. Revenue: $282K. Assets: $268K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Whitney Brookside Corporation?
The Employer Identification Number (EIN) for Whitney Brookside Corporation is 10382451. 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 Whitney Brookside Corporation spend its money?
Whitney Brookside Corporation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Whitney Brookside Corporation's tax-exempt status?
You can verify Whitney Brookside Corporation's tax-exempt status using EIN 10382451 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
Whitney Brookside Corporation demonstrates consistent revenue generation, with its latest reported revenue at $282,429. However, a significant concern is the organization's substantial and growing liabilities, which reached $856,204 in 2023, far exceeding its assets of $258,078. This indicates a precarious financial position where liabilities are consistently three to four times greater than assets over the past several years, suggesting potential long-term solvency issues. Despite this, the organization has maintained positive net income in recent years, such as in 2023 where revenue of $267,977 exceeded expenses of $247,515.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of expenses into program, administrative, and fundraising categories. However, the consistent absence of officer compensation reported across all filings is a positive indicator of efficient use of funds at the executive level. The NTEE code L22 (Housing Development, Construction & Management) suggests a focus on tangible community benefit, but the high liabilities could hinder its ability to expand or sustain its core programs.
Transparency appears to be adequate given the consistent filing of IRS Form 990s over 13 periods. The lack of officer compensation is a transparent disclosure that suggests a volunteer-driven or very lean executive structure. However, the persistent and high level of liabilities relative to assets warrants further investigation to understand the nature of these obligations and the organization's plan to address them, as this is a critical aspect of its long-term financial health and sustainability.