Quick charity verification for Woodward Home Inc (EIN: 20224025)
Verdict: Woodward Home Inc has notable concerns
20/100Mission Score
$0Revenue
$0Assets
3Red Flags
1Strengths
Red Flags
Latest filing shows $0 revenue and assets, indicating potential cessation of operations.
Consistent operating deficits from 2011-2014, with expenses exceeding revenue in every reported period.
Significant decline in assets from $1,415,390 in 2011 to $1,068,399 in 2014, prior to the current $0.
Strengths
Reported 0% officer compensation across all available filings (2011-2014), indicating no executive salaries were paid during those periods.
Spending Breakdown
How Woodward Home Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
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 Woodward Home Inc
Is Woodward Home Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Woodward Home Inc (EIN: 20224025) has notable concerns. Mission Score: 20/100. 3 red flags identified, 1 strength noted.
Is Woodward Home Inc a good charity to donate to?
Woodward Home Inc has a Mission Score of 20/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Woodward Home Inc?
The Employer Identification Number (EIN) for Woodward Home Inc is 20224025. 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 Woodward Home Inc spend its money?
Woodward Home Inc allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Woodward Home Inc's tax-exempt status?
You can verify Woodward Home Inc's tax-exempt status using EIN 20224025 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
Woodward Home Inc. appears to be in a state of significant financial decline, as evidenced by its latest reported revenue and assets of $0. This contrasts sharply with its financial position in prior years, where it consistently reported revenues nearing $1 million and assets exceeding $1 million. The organization consistently operated at a deficit between 2011 and 2014, with expenses exceeding revenue in each period, indicating a long-term trend of unsustainable spending relative to its income. The absence of reported financial activity in the latest filing suggests a potential cessation of operations or a significant restructuring that has rendered it financially inactive.
Given the latest reported $0 revenue and assets, it is impossible to assess current spending efficiency or program focus. However, the historical data shows a pattern of expenses outstripping revenue, which is a concern for long-term viability. The organization's transparency regarding executive compensation is positive, with 0% officer compensation reported across all available filings, suggesting that leadership was not drawing salaries from the organization during those periods. The lack of current financial data, however, severely limits a comprehensive assessment of its present financial health and operational status.