Quick charity verification for Generous Hands Inc (EIN: 201887278)
Verdict: Generous Hands Inc appears trustworthy
95/100Mission Score
$300KRevenue
$868KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth from $112,835 in 2015 to $254,226 in 2024.
Strong asset accumulation, growing from $191,294 in 2015 to $784,447 in 2024.
0% officer compensation reported across all filings, indicating volunteer leadership and efficient use of funds.
Expenses consistently lower than revenue, allowing for financial stability and growth.
Low liabilities relative to assets, demonstrating strong financial health.
Spending Breakdown
How Generous Hands Inc 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 Generous Hands Inc
Is Generous Hands Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Generous Hands Inc (EIN: 201887278) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Generous Hands Inc a good charity to donate to?
Generous Hands Inc has a Mission Score of 95/100. Revenue: $300K. Assets: $868K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Generous Hands Inc?
The Employer Identification Number (EIN) for Generous Hands Inc is 201887278. 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 Generous Hands Inc spend its money?
Generous Hands Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Generous Hands Inc's tax-exempt status?
You can verify Generous Hands Inc's tax-exempt status using EIN 201887278 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
Generous Hands Inc demonstrates a consistent pattern of financial growth and responsible asset management over the past decade. Revenue has steadily increased from $112,835 in 2015 to $254,226 in 2024, indicating growing support for its mission. The organization has also built up its assets significantly, from $191,294 in 2015 to $784,447 in 2024, suggesting good financial stewardship and capacity building. Expenses have generally remained well below revenue, allowing for asset accumulation.
The organization appears to be highly efficient in its operations, with no reported officer compensation across all available filings, which is a strong indicator of volunteer-driven leadership and a commitment to directing resources towards programs. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of officer compensation suggests a lean operational structure. The organization's liabilities have remained relatively low compared to its assets, further reinforcing its financial stability.
Generous Hands Inc's financial health appears robust, characterized by consistent revenue growth, strong asset accumulation, and a notable commitment to minimizing overhead through volunteer leadership. This financial trajectory suggests a well-managed and impactful organization.