Is 1 House2 Hands Inc Legit?

Strengths

No reported officer compensation across all filings, indicating high efficiency in directing funds to mission.
Consistent revenue generation, with latest revenue at $2,118,968.
Substantial and growing asset base, reaching $14,876,151 in the latest period.
Expenses generally align closely with revenue in recent periods, suggesting operational stability (e.g., 202306: $1,594,329 expenses vs. $1,597,932 revenue).

Spending Breakdown

How 1 House2 Hands Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 1 House2 Hands Inc

Is 1 House2 Hands Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, 1 House2 Hands Inc (EIN: 201699663) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is 1 House2 Hands Inc a good charity to donate to?

1 House2 Hands Inc has a Mission Score of 85/100. Revenue: $2.1M. Assets: $14.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for 1 House2 Hands Inc?

The Employer Identification Number (EIN) for 1 House2 Hands Inc is 201699663. 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 1 House2 Hands Inc spend its money?

1 House2 Hands Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify 1 House2 Hands Inc's tax-exempt status?

You can verify 1 House2 Hands Inc's tax-exempt status using EIN 201699663 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

1 House2 Hands Inc. demonstrates consistent financial activity, with revenues and expenses generally in the range of $1.1M to $1.6M in recent years, peaking at $2.1M in the latest reported period. The organization has maintained substantial assets, consistently above $11M since 2018, reaching $14.8M in the latest filing. However, a notable concern is the persistent negative net asset position, with liabilities frequently exceeding assets, as seen in 202306 where liabilities were $14,766,425 against assets of $13,959,642. This indicates a reliance on debt or restricted funds that may not be readily available to cover all obligations.

Spending efficiency appears reasonable, with expenses closely tracking revenues in most recent periods, suggesting that the organization is spending what it brings in to support its operations. For instance, in 202306, expenses were $1,594,329 against revenues of $1,597,932. The absence of reported officer compensation across all available filings is a strong indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice significantly enhances the organization's appeal from a donor perspective.

Overall, while the organization exhibits strong program focus through its lack of executive compensation and consistent operational spending, the long-standing negative net asset position warrants closer scrutiny. Donors should understand the nature of these liabilities and how they impact the organization's long-term financial stability. The consistent growth in assets over time, despite the liabilities, suggests ongoing investment or accumulation of resources, but the overall financial health would be stronger with a positive net asset balance.

Verdict: 1 House2 Hands Inc appears trustworthy

Red Flags