William S Davies Homeless Shelter Inc
William S Davies Homeless Shelter operates with no reported officer compensation and has grown assets significantly over the past decade.
EIN: 200101133 · Rome, GA · NTEE: L41 · Updated: 2026-03-28
Is William S Davies Homeless Shelter Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
William S Davies Homeless Shelter Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About William S Davies Homeless Shelter Inc
William S Davies Homeless Shelter Inc (EIN: 200101133) is a nonprofit organization based in Rome, GA, classified under NTEE code L41. The organization reported total revenue of $481K and total assets of $675K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of William S Davies Homeless Shelter Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
William S Davies Homeless Shelter Inc is a small nonprofit that has been operating for 5 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $344K |
| Total Expenses | $343K |
| Surplus / Deficit | +$2K |
| Total Assets | $848K |
| Total Liabilities | $35K |
| Net Assets | $813K |
| Operating Margin | 0.4% |
| Debt-to-Asset Ratio | 4.1% |
| Months of Reserves | 29.7 months |
Financial Health Grade: A
In 2023, William S Davies Homeless Shelter Inc reported a surplus of $2K with revenue exceeding expenses, holds 29.7 months of operating reserves (strong position), has a debt-to-asset ratio of 4.1% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), William S Davies Homeless Shelter Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -40.2% | -44.1% | +6.6% |
| 2023 | +153.1% | +268.9% | -14.8% |
| 2017 | -30.8% | +54.2% | +6.0% |
| 2016 | +29.7% | -2.6% | +32.4% |
| 2015 | -20.6% | +7.6% | +26.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates William S Davies Homeless Shelter Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, William S Davies Homeless Shelter Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly commendable and suggests a strong dedication to maximizing resources for direct program services.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of William S Davies Homeless Shelter Inc's IRS 990 filings:
- Fluctuating annual revenues and expenses, with expenses exceeding revenue in some periods (e.g., 202306 where expenses were $613,183 against revenue of $575,672).
Strengths
The following positive indicators were identified for William S Davies Homeless Shelter Inc:
- Consistent 0% officer compensation across all filings, indicating strong financial transparency and mission focus.
- Significant growth in assets over the past decade, from $334,784 in 2011 to $847,921 in 2023, demonstrating financial stability and capacity building.
- Generally responsible financial management with expenses often closely aligned with revenue in recent periods (e.g., 202312 revenue $344,320 vs. expenses $342,780).
Frequently Asked Questions about William S Davies Homeless Shelter Inc
Is William S Davies Homeless Shelter Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, William S Davies Homeless Shelter Inc (EIN: 200101133) some concerns. Mission Score: 90/100. 1 red flag identified, 3 strengths noted.
How does William S Davies Homeless Shelter Inc spend its money?
William S Davies Homeless Shelter Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to William S Davies Homeless Shelter Inc tax-deductible?
William S Davies Homeless Shelter Inc is registered as a tax-exempt nonprofit (EIN: 200101133). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is William S Davies Homeless Shelter Inc a good charity?
Based on the provided data, the organization appears to be a good charity. It consistently reports 0% officer compensation, indicating that funds are not diverted to executive salaries. Its assets have grown substantially over time, and recent expenses are closely aligned with revenue, suggesting responsible financial management.
How has the organization's financial health changed over time?
The organization's financial health has generally improved over time. Assets have grown from $334,784 in 2011 to $847,921 in 2023. While there are fluctuations in annual revenue and expenses, the long-term trend shows increased capacity and stability.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, with 0% reported officer compensation in all available filings. This means that officers are not paid salaries, which is a strong positive indicator for donor confidence and mission focus.
Filing History
IRS 990 filing history for William S Davies Homeless Shelter Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), William S Davies Homeless Shelter Inc's revenue has grown by 146.7%, moving from $140K to $344K. Total assets increased by 153.3% over the same period, from $335K to $848K. Total functional expenses rose by 155.4%, from $134K to $343K. In its most recent filing year (2023), William S Davies Homeless Shelter Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $35K in liabilities against $848K in assets (debt-to-asset ratio: 4.1%), resulting in net assets of $813K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $344K | $343K | $848K | $35K | — | — |
| 2023 | $576K | $613K | $795K | $22K | — | — |
| 2017 | $227K | $166K | $933K | $11K | — | View 990 |
| 2016 | $329K | $108K | $881K | $20K | — | View 990 |
| 2015 | $253K | $111K | $665K | $25K | — | View 990 |
| 2014 | $319K | $103K | $528K | $30K | — | View 990 |
| 2013 | $122K | $104K | $317K | $36K | — | View 990 |
| 2012 | $108K | $129K | $306K | $42K | — | View 990 |
| 2011 | $140K | $134K | $335K | $50K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $344K, expenses of $343K, and assets of $848K (revenue -40.2% year-over-year).
- 2023: Revenue of $576K, expenses of $613K, and assets of $795K (revenue +153.1% year-over-year).
- 2017: Revenue of $227K, expenses of $166K, and assets of $933K (revenue -30.8% year-over-year).
- 2016: Revenue of $329K, expenses of $108K, and assets of $881K (revenue +29.7% year-over-year).
- 2015: Revenue of $253K, expenses of $111K, and assets of $665K (revenue -20.6% year-over-year).
- 2014: Revenue of $319K, expenses of $103K, and assets of $528K (revenue +162.2% year-over-year).
- 2013: Revenue of $122K, expenses of $104K, and assets of $317K (revenue +12.6% year-over-year).
- 2012: Revenue of $108K, expenses of $129K, and assets of $306K (revenue -22.6% year-over-year).
- 2011: Revenue of $140K, expenses of $134K, and assets of $335K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for William S Davies Homeless Shelter Inc:
Data Sources and Methodology
This transparency report for William S Davies Homeless Shelter Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.