Quick charity verification for A Glimmer Of Hope Austin (EIN: 200733502)
Verdict: A Glimmer Of Hope Austin shows mixed signals
65/100Mission Score
$898KRevenue
$423KAssets
3Red Flags
2Strengths
Red Flags
Significant operating deficit in the latest fiscal year (2023 revenue $163,373 vs. expenses $579,388).
Dramatic year-over-year revenue volatility, with a sharp decline from $2.5M+ in 2022 to $163K in 2023.
High liabilities ($1,126,774) relative to assets ($1,183,113) in the latest filing, indicating potential financial strain.
Strengths
Consistent reporting of 0% officer compensation across all available filings, indicating a commitment to minimizing executive overhead.
Demonstrated ability to generate substantial revenue in prior years (e.g., $2.5M+ in 2021 and 2022).
Spending Breakdown
How A Glimmer Of Hope Austin allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 A Glimmer Of Hope Austin
Is A Glimmer Of Hope Austin a legitimate charity?
Based on AI analysis of IRS 990 filings, A Glimmer Of Hope Austin (EIN: 200733502) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is A Glimmer Of Hope Austin a good charity to donate to?
A Glimmer Of Hope Austin has a Mission Score of 65/100. Revenue: $898K. Assets: $423K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for A Glimmer Of Hope Austin?
The Employer Identification Number (EIN) for A Glimmer Of Hope Austin is 200733502. 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 A Glimmer Of Hope Austin spend its money?
A Glimmer Of Hope Austin allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify A Glimmer Of Hope Austin's tax-exempt status?
You can verify A Glimmer Of Hope Austin's tax-exempt status using EIN 200733502 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
A Glimmer Of Hope Austin exhibits significant volatility in its financial performance over the past few years. While the organization reported substantial revenues of $2,566,685 in 2022 and $2,665,597 in 2021, its latest filing for 2023 shows a sharp decline to $163,373 in revenue, alongside expenses of $579,388, indicating a substantial operating deficit. This recent trend raises concerns about the sustainability of its operations if not addressed. The organization consistently reports 0% officer compensation, which is a positive indicator of resource allocation directly to its mission rather than executive salaries.
The organization's asset base has also fluctuated considerably, peaking at $2,343,961 in 2022 before dropping to $1,183,113 in 2023. The liabilities have also seen a corresponding increase, reaching $1,126,774 in 2023, which is a significant portion of its assets. This high liability-to-asset ratio in the latest period suggests potential financial strain or significant short-term obligations. The lack of officer compensation across all reported periods demonstrates a commitment to minimizing administrative overhead in that specific area.
Given the provided data, a detailed breakdown of program, administrative, and fundraising expenses is not available, making a precise assessment of spending efficiency challenging. However, the consistent reporting of zero officer compensation suggests a focus on directing funds to programmatic activities. The dramatic swings in revenue and expenses, particularly the recent deficit, warrant closer scrutiny to understand the underlying causes and the organization's strategy for long-term financial stability.