Is Ad Hoc Foundation Inc Legit?

Quick charity verification for Ad Hoc Foundation Inc (EIN: 204014012)

Verdict: Ad Hoc Foundation Inc appears trustworthy

75/100Mission Score
$496KRevenue
$2.1MAssets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Ad Hoc Foundation Inc. demonstrates consistent financial stability with substantial assets relative to its annual revenue and expenses. While the organization's revenue has fluctuated, it has generally maintained a healthy asset base, peaking at $2,055,154. The most recent filing shows revenue of $176,616 against expenses of $167,414, indicating a slight surplus for the period. A notable aspect is the consistent reporting of zero officer compensation across all available filings, which suggests a volunteer-driven leadership or that compensation is covered by an external entity, enhancing its spending efficiency from a compensation perspective. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The organization's transparency is good in terms of filing history and asset reporting, but more granular expense data would improve clarity on how funds are allocated to its mission.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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