Quick charity verification for Give Hope Foundation (EIN: 202472387)
Verdict: Give Hope Foundation appears trustworthy
85/100Mission Score
$144KRevenue
$302KAssets
2Red Flags
4Strengths
Red Flags
Inconsistent annual revenue, making future financial planning potentially challenging.
Operational deficit in the latest filing period (202312), with expenses exceeding revenue by $1,662.
Strengths
Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
Significant growth in assets over the past decade, from $90,784 in 2014 to $393,641 in 2023.
Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Low liabilities, indicating sound financial management and minimal debt burden.
Spending Breakdown
How Give Hope Foundation 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 Give Hope Foundation
Is Give Hope Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Give Hope Foundation (EIN: 202472387) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Give Hope Foundation a good charity to donate to?
Give Hope Foundation has a Mission Score of 85/100. Revenue: $144K. Assets: $302K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Give Hope Foundation?
The Employer Identification Number (EIN) for Give Hope Foundation is 202472387. 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 Give Hope Foundation spend its money?
Give Hope Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Give Hope Foundation's tax-exempt status?
You can verify Give Hope Foundation's tax-exempt status using EIN 202472387 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
Give Hope Foundation demonstrates a generally stable financial position, though with some fluctuations in revenue and expenses over the past few years. In the latest period (202312), the organization reported revenues of $149,465 against expenses of $151,127, indicating a slight operational deficit. This follows a surplus in 202212 ($101,572 revenue vs. $90,841 expenses) and a significant surplus in 202112 ($352,076 revenue vs. $83,353 expenses). The organization's assets have grown considerably over time, from $90,784 in 201412 to $393,641 in 202312, suggesting prudent asset management or successful fundraising efforts that have built reserves.
The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of volunteer leadership and efficient use of donor funds for programmatic activities rather than executive salaries. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the absence of officer compensation suggests a lean operational structure. The NTEE code E12 (Youth Development Programs) indicates a clear program focus.
Transparency appears to be good given the consistent filing of IRS Form 990s over a long period (13 filings). The detailed financial history allows for a clear understanding of the organization's financial trends. The relatively low liabilities in recent years ($500 in 202312, $7,500 in 202212) also point to sound financial management and a low debt burden.