Quick charity verification for Door Of Hope Inc (EIN: 202773923)
Verdict: Door Of Hope Inc appears trustworthy
90/100Mission Score
$1.3MRevenue
$1.5MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed spending breakdown (program, admin, fundraising) in provided data
Unusually consistent 0% officer compensation for an organization of this size, which might warrant further inquiry into compensation structures.
Strengths
Consistent reporting of 0% officer compensation, indicating high dedication of funds to mission.
Strong asset base ($1,494,968 in 2023) significantly exceeding liabilities ($13,752 in 2023), demonstrating financial stability.
Revenues closely matching expenses in recent years, suggesting prudent financial management.
Consistent growth in assets over time, indicating effective resource accumulation.
Spending Breakdown
How Door Of Hope Inc 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 Door Of Hope Inc
Is Door Of Hope Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Door Of Hope Inc (EIN: 202773923) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
Is Door Of Hope Inc a good charity to donate to?
Door Of Hope Inc has a Mission Score of 90/100. Revenue: $1.3M. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Door Of Hope Inc?
The Employer Identification Number (EIN) for Door Of Hope Inc is 202773923. 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 Door Of Hope Inc spend its money?
Door Of Hope Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Door Of Hope Inc's tax-exempt status?
You can verify Door Of Hope Inc's tax-exempt status using EIN 202773923 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
Door Of Hope Inc demonstrates consistent financial operations, with revenues closely matching expenses in recent years. For example, in 2023, revenue was $1,113,794 against expenses of $1,123,346, indicating a balanced budget approach. The organization maintains a healthy asset base, reported at $1,494,968 in 2023, which significantly exceeds its liabilities of $13,752, suggesting good financial stability and a strong balance sheet. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries.
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial picture suggests a well-managed organization. The significant revenue spike in 2017 to $2,029,275, followed by a return to a more consistent $1 million range, might warrant further investigation into the nature of that particular funding year. However, the consistent asset growth and low liabilities across most years point to prudent financial management.
Overall, Door Of Hope Inc appears to be a financially stable organization with a strong commitment to transparency regarding executive compensation. Its ability to maintain a consistent level of operations with revenues closely aligned to expenses, while building a solid asset base, suggests effective stewardship of its resources.