Quick charity verification for Dc Hispanic Contractors Association (EIN: 205325447)
Verdict: Dc Hispanic Contractors Association appears trustworthy
85/100Mission Score
$209KRevenue
$58KAssets
2Red Flags
4Strengths
Red Flags
Significant year-over-year revenue and expense volatility
Modest asset base relative to revenue fluctuations, indicating limited reserves
Strengths
Consistent reporting of zero liabilities
No reported officer compensation, maximizing funds for mission
Consistent IRS 990 filing history demonstrating transparency
Positive net income in the latest filing (2023)
Spending Breakdown
How Dc Hispanic Contractors Association allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Dc Hispanic Contractors Association
Is Dc Hispanic Contractors Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Dc Hispanic Contractors Association (EIN: 205325447) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Dc Hispanic Contractors Association a good charity to donate to?
Dc Hispanic Contractors Association has a Mission Score of 85/100. Revenue: $209K. Assets: $58K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Dc Hispanic Contractors Association?
The Employer Identification Number (EIN) for Dc Hispanic Contractors Association is 205325447. 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 Dc Hispanic Contractors Association spend its money?
Dc Hispanic Contractors Association allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Dc Hispanic Contractors Association's tax-exempt status?
You can verify Dc Hispanic Contractors Association's tax-exempt status using EIN 205325447 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
The DC Hispanic Contractors Association demonstrates fluctuating financial health over the past five years, with significant swings in revenue and expenses. While the latest filing (2023) shows a healthy surplus of $41,547 (Revenue $379,902 - Expenses $338,355), the prior year (2022) saw a deficit of $50,235 (Revenue $81,845 - Expenses $132,080). This volatility suggests an organization that may be heavily reliant on specific grants or events. Their asset base remains relatively modest, peaking at $87,195 in 2021 and currently at $78,508, indicating limited reserves. The consistent reporting of zero liabilities across all filings is a positive sign of financial prudence and low debt burden. Transparency is high given the consistent filing of IRS Form 990s and the clear reporting of financial figures.