Quick charity verification for Hamilton Madison House Inc (EIN: 135562412)
Verdict: Hamilton Madison House Inc appears trustworthy
75/100Mission Score
$22.8MRevenue
$17.6MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation for transparency.
Strengths
Consistent revenue growth, from $12.9M in 2020 to $19.1M in 2023.
Positive net income (revenue exceeding expenses) in recent years, indicating sound financial management (e.g., $19.1M revenue vs. $17.8M expenses in 2023).
Significant growth in assets, from $4.2M in 2020 to $12.9M in 2023, enhancing organizational capacity.
Stable financial operations with expenses consistently below revenue.
Spending Breakdown
How Hamilton Madison House Inc 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 Hamilton Madison House Inc
Is Hamilton Madison House Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hamilton Madison House Inc (EIN: 135562412) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.
Is Hamilton Madison House Inc a good charity to donate to?
Hamilton Madison House Inc has a Mission Score of 75/100. Revenue: $22.8M. Assets: $17.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hamilton Madison House Inc?
The Employer Identification Number (EIN) for Hamilton Madison House Inc is 135562412. 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 Hamilton Madison House Inc spend its money?
Hamilton Madison House Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hamilton Madison House Inc's tax-exempt status?
You can verify Hamilton Madison House Inc's tax-exempt status using EIN 135562412 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
Hamilton Madison House Inc demonstrates a generally stable financial trajectory with consistent revenue growth over the past few years, reaching $19,105,490 in 2023. The organization consistently spends less than its revenue, as seen in 2023 where expenses were $17,792,757 against $19,105,490 in revenue, indicating sound financial management and an ability to build reserves. Their asset base has also shown significant growth, from $3,751,462 in 2019 to $12,970,868 in 2023, suggesting increasing capacity and financial strength.
However, a notable aspect is the consistent reporting of 0% officer compensation across all available filings. While this might indicate a volunteer-led executive team or that compensation is reported differently, it warrants further investigation for complete transparency regarding leadership remuneration. The organization's NTEE code A82Z (Multipurpose Human Service Organizations, Other) suggests a broad program focus, and without detailed functional expense breakdowns, it's challenging to fully assess spending efficiency across specific program areas versus administrative or fundraising costs.
Overall, Hamilton Madison House appears to be a financially stable organization with a growing asset base and a positive net income trend. The lack of reported officer compensation is an unusual data point that could impact a full transparency assessment, but their consistent operational surplus is a strong indicator of financial health.