Quick charity verification for Athletes For Hope (EIN: 204773044)
Verdict: Athletes For Hope appears trustworthy
90/100Mission Score
$2.3MRevenue
$2.4MAssets
2Red Flags
5Strengths
Red Flags
Unusually low liabilities relative to assets, especially in 2014 ($4,629 liabilities vs. $509,925 assets), which could indicate a very conservative financial approach or specific funding structures.
The consistent 0% officer compensation, while positive for efficiency, is highly unusual for an organization of this size and could warrant further inquiry into how leadership is supported or compensated.
Strengths
Consistent revenue growth, from $979,543 in 2020 to $1,654,942 in 2023, demonstrating increasing support and operational capacity.
Strong asset accumulation, with assets growing from $874,023 in 2020 to $1,819,560 in 2023, indicating financial stability and reserves.
Excellent spending efficiency, with revenue consistently exceeding expenses in recent years, leading to healthy surpluses.
Zero reported officer compensation across all filings, suggesting a strong commitment to directing funds towards the mission.
Low liabilities relative to assets, indicating a healthy balance sheet and minimal financial risk.
Spending Breakdown
How Athletes For Hope allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Athletes For Hope
Is Athletes For Hope a legitimate charity?
Based on AI analysis of IRS 990 filings, Athletes For Hope (EIN: 204773044) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is Athletes For Hope a good charity to donate to?
Athletes For Hope has a Mission Score of 90/100. Revenue: $2.3M. Assets: $2.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Athletes For Hope?
The Employer Identification Number (EIN) for Athletes For Hope is 204773044. 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 Athletes For Hope spend its money?
Athletes For Hope allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Athletes For Hope's tax-exempt status?
You can verify Athletes For Hope's tax-exempt status using EIN 204773044 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
Athletes For Hope demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past few years, culminating in $1,654,942 in the 2023 fiscal period. The organization has also shown prudent financial management by accumulating assets, which stood at $1,819,560 in 2023, significantly up from $1,312,609 in 2022. This growth in assets, coupled with relatively low liabilities ($75,135 in 2023), indicates a stable financial position and a growing reserve.
Spending efficiency appears strong, as evidenced by the consistent surplus of revenue over expenses in recent years. For instance, in 2023, revenue exceeded expenses by nearly $400,000 ($1,654,942 vs. $1,265,353). The organization's commitment to its mission is further supported by the reported 0% officer compensation across all available filings, suggesting that resources are primarily directed towards programmatic activities rather than executive salaries. This practice enhances both spending efficiency and transparency.
While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the absence of officer compensation is a strong indicator of transparency and a focus on mission. The consistent filing of IRS Form 990s over 14 periods also reflects a commitment to regulatory compliance and public disclosure, contributing positively to its overall transparency profile.