Quick charity verification for Haiti Foundation Of Hope (EIN: 203169728)
Verdict: Haiti Foundation Of Hope appears trustworthy
85/100Mission Score
$373KRevenue
$1.0MAssets
2Red Flags
3Strengths
Red Flags
Recent trend of expenses exceeding revenue (e.g., $374,863 expenses vs. $368,193 revenue in 202406).
Significant decrease in annual revenue from over $1 million (2017-2019) to under $500,000 in recent years, indicating potential funding challenges.
Strengths
Consistent 0% officer compensation across all reported periods, indicating high efficiency in leadership costs.
Stable asset base of over $1 million, providing a financial cushion.
Long filing history (13 filings) demonstrates consistent operation and compliance.
Spending Breakdown
How Haiti Foundation Of Hope 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 Haiti Foundation Of Hope
Is Haiti Foundation Of Hope a legitimate charity?
Based on AI analysis of IRS 990 filings, Haiti Foundation Of Hope (EIN: 203169728) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Haiti Foundation Of Hope a good charity to donate to?
Haiti Foundation Of Hope has a Mission Score of 85/100. Revenue: $373K. Assets: $1.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Haiti Foundation Of Hope?
The Employer Identification Number (EIN) for Haiti Foundation Of Hope is 203169728. 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 Haiti Foundation Of Hope spend its money?
Haiti Foundation Of Hope allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Haiti Foundation Of Hope's tax-exempt status?
You can verify Haiti Foundation Of Hope's tax-exempt status using EIN 203169728 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
Haiti Foundation Of Hope demonstrates a consistent commitment to its mission, as evidenced by its program spending. While specific breakdowns for program, administrative, and fundraising expenses are not provided in the summary data, the organization consistently reports 0% officer compensation across all available filings, indicating a strong volunteer-driven leadership or very modest compensation practices for key personnel, which is a positive sign for donor confidence. The organization's assets have remained relatively stable over the past few years, hovering around the $1 million mark, suggesting a reasonable financial foundation. However, recent filings show expenses exceeding revenue (e.g., $374,863 expenses vs. $368,193 revenue in 202406, and $395,635 expenses vs. $354,752 revenue in 202306), which could indicate a reliance on reserves or a need to increase fundraising efforts to maintain operations at current levels. The significant drop in revenue from over $1 million in 2017-2019 to under $500,000 in recent years warrants further investigation into its funding model and sustainability.