Quick charity verification for Choctaw Hugo Properties Inc (EIN: 208035622)
Verdict: Choctaw Hugo Properties Inc shows mixed signals
60/100Mission Score
$94KRevenue
$1.0MAssets
3Red Flags
2Strengths
Red Flags
Consistent operating deficits, with expenses exceeding revenue in all reported periods (e.g., $119,085 expenses vs. $92,838 revenue in 2023).
Steady decline in total assets over the past decade, from $1,332,009 in 2014 to $1,032,918 in 2023, indicating reliance on reserves to cover deficits.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds at the executive level.
Relatively low liabilities compared to assets (e.g., $7,193 liabilities vs. $1,032,918 assets in 2023), suggesting good financial management of debt.
Spending Breakdown
How Choctaw Hugo Properties Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Choctaw Hugo Properties Inc
Is Choctaw Hugo Properties Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Choctaw Hugo Properties Inc (EIN: 208035622) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 2 strengths noted.
Is Choctaw Hugo Properties Inc a good charity to donate to?
Choctaw Hugo Properties Inc has a Mission Score of 60/100. Revenue: $94K. Assets: $1.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Choctaw Hugo Properties Inc?
The Employer Identification Number (EIN) for Choctaw Hugo Properties Inc is 208035622. 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 Choctaw Hugo Properties Inc spend its money?
Choctaw Hugo Properties Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Choctaw Hugo Properties Inc's tax-exempt status?
You can verify Choctaw Hugo Properties Inc's tax-exempt status using EIN 208035622 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
Choctaw Hugo Properties Inc. consistently operates at a deficit, with expenses exceeding revenue in all reported periods. For example, in 2023, expenses were $119,085 against revenues of $92,838, indicating a reliance on existing assets or other non-operating income to cover costs. The organization's assets have shown a steady decline over the past decade, from $1,332,009 in 2014 to $1,032,918 in 2023, suggesting that these deficits are being covered by drawing down reserves. This trend raises concerns about long-term financial sustainability if the revenue-expense gap persists.
The organization reports 0% officer compensation across all filings, which is a positive indicator of efficient use of funds at the executive level. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to fully assess spending efficiency in terms of program versus administrative costs. The consistent operating deficits and declining asset base warrant closer scrutiny into the nature of their expenses and revenue generation strategies to ensure the organization can continue its mission effectively.