Expenses consistently exceeding revenue for over a decade.
Strengths
Consistent filing of IRS 990 forms, indicating compliance with reporting requirements.
0% officer compensation reported across all available filings, suggesting efficient use of funds for leadership.
Spending Breakdown
How Ernest Martin Hopkins Institute Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Ernest Martin Hopkins Institute Inc
Is Ernest Martin Hopkins Institute Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ernest Martin Hopkins Institute Inc (EIN: 133351125) has notable concerns. Mission Score: 30/100. 4 red flags identified, 2 strengths noted.
Is Ernest Martin Hopkins Institute Inc a good charity to donate to?
Ernest Martin Hopkins Institute Inc has a Mission Score of 30/100. Revenue: $10. Assets: $37K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ernest Martin Hopkins Institute Inc?
The Employer Identification Number (EIN) for Ernest Martin Hopkins Institute Inc is 133351125. 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 Ernest Martin Hopkins Institute Inc spend its money?
Ernest Martin Hopkins Institute Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ernest Martin Hopkins Institute Inc's tax-exempt status?
You can verify Ernest Martin Hopkins Institute Inc's tax-exempt status using EIN 133351125 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 Ernest Martin Hopkins Institute Inc. appears to be in a state of significant financial decline, as evidenced by its consistently negative net income and dwindling asset base over the past decade. In 2023, the organization reported revenue of $2,188 against expenses of $15,100, resulting in a substantial deficit. This trend is not new; for instance, in 2019, revenue was $1,145 while expenses were $16,115. The organization's assets have decreased from $184,430 in 2011 to $51,740 in 2023, indicating a sustained inability to cover its operational costs through its revenue streams. The latest reported revenue is only $10, which is a stark indicator of minimal current financial activity.
Given the consistent and significant deficits, the organization's spending efficiency is highly questionable. While officer compensation is reported as 0%, which is positive for transparency regarding executive pay, the overall financial health is precarious. The lack of detailed expense breakdowns in the provided data makes it difficult to assess the allocation between program, administrative, and fundraising costs. However, the consistent pattern of expenses far exceeding revenue suggests that the organization is either drawing down its assets rapidly or relying on external, unreported funding sources to sustain operations, neither of which is a sign of robust financial health. The organization's NTEE code is unknown, which can sometimes hinder a full understanding of its mission and comparative financial performance.
In terms of transparency, the consistent filing of IRS 990s is a positive, and the zero officer compensation is clearly stated. However, the dramatic decrease in assets and the persistent operational deficits raise questions about the long-term viability and the source of funds covering these deficits. Without more detailed expense categories, it's challenging to fully evaluate how efficiently the limited funds are being utilized towards its mission.