Quick charity verification for H T Hayashi Foundation (EIN: 204708161)
Verdict: H T Hayashi Foundation appears trustworthy
85/100Mission Score
$105KRevenue
$1.4MAssets
2Red Flags
3Strengths
Red Flags
Consistent operational deficits in recent years (e.g., 202406: Expenses $489,433 > Revenue $327,514; 202306: Expenses $586,084 > Revenue $361,344).
Significant volatility in annual revenue, making financial planning and consistent program delivery potentially challenging.
Strengths
Zero officer compensation, indicating efficient use of funds for mission-related activities.
Strong growth in assets over the long term, from $44,268 in 201106 to $1,541,527 in 202406.
Consistent filing of IRS 990s over ten periods, demonstrating transparency and compliance.
Spending Breakdown
How H T Hayashi Foundation 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 H T Hayashi Foundation
Is H T Hayashi Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, H T Hayashi Foundation (EIN: 204708161) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is H T Hayashi Foundation a good charity to donate to?
H T Hayashi Foundation has a Mission Score of 85/100. Revenue: $105K. Assets: $1.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for H T Hayashi Foundation?
The Employer Identification Number (EIN) for H T Hayashi Foundation is 204708161. 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 H T Hayashi Foundation spend its money?
H T Hayashi Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify H T Hayashi Foundation's tax-exempt status?
You can verify H T Hayashi Foundation's tax-exempt status using EIN 204708161 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 H T Hayashi Foundation exhibits a fluctuating financial performance over the past decade, with significant swings in revenue and expenses. For instance, revenue peaked at $5,553,102 in 202206, while in the most recent period (202406), revenue was $327,514 against expenses of $489,433, indicating a deficit. The organization consistently reports 0% officer compensation, which is a positive indicator of resource allocation directly to its mission rather than executive salaries. However, the consistent reporting of liabilities, such as $3,149 in 202406 and $3,385 in 202306, alongside periods of expenses exceeding revenue, suggests a need for careful financial management to ensure long-term sustainability.
The foundation's asset base has grown significantly from $44,268 in 201106 to $1,541,527 in 202406, demonstrating successful asset accumulation. While the provided data doesn't detail program spending versus administrative or fundraising costs, the absence of officer compensation implies a lean operational structure at the top. To fully assess spending efficiency, a detailed breakdown of expenses would be necessary. The consistent filing of IRS 990s over ten periods indicates a commitment to regulatory compliance and transparency in reporting financial activities.
Overall, the H T Hayashi Foundation appears to be a transparent organization regarding executive compensation and filing compliance. Its financial health, however, shows volatility, with recent periods experiencing expenses exceeding revenue. The substantial growth in assets is a strength, but managing the operational deficits observed in recent years will be crucial for its continued impact.