Quick charity verification for Hancock Associate Assistance Foundation (EIN: 203533538)
Verdict: Hancock Associate Assistance Foundation shows mixed signals
40/100Mission Score
$0Revenue
$0Assets
3Red Flags
4Strengths
Red Flags
Latest filing reports $0 revenue and $0 assets, a drastic change from previous years.
Unexplained cessation of financial activity in the most recent period.
Lack of NTEE code makes it difficult to assess program area and comparative efficiency.
Strengths
Consistently maintained significant assets (over $1 million) in prior active years.
Reported 0% officer compensation across all available filings, indicating efficient use of funds for leadership.
No reported liabilities in any filing period, suggesting strong financial solvency historically.
Historically, expenses were significantly lower than revenue, allowing for asset growth.
Spending Breakdown
How Hancock Associate Assistance Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Hancock Associate Assistance Foundation
Is Hancock Associate Assistance Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hancock Associate Assistance Foundation (EIN: 203533538) shows mixed signals. Mission Score: 40/100. 3 red flags identified, 4 strengths noted.
Is Hancock Associate Assistance Foundation a good charity to donate to?
Hancock Associate Assistance Foundation has a Mission Score of 40/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hancock Associate Assistance Foundation?
The Employer Identification Number (EIN) for Hancock Associate Assistance Foundation is 203533538. 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 Hancock Associate Assistance Foundation spend its money?
Hancock Associate Assistance Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hancock Associate Assistance Foundation's tax-exempt status?
You can verify Hancock Associate Assistance Foundation's tax-exempt status using EIN 203533538 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 Hancock Associate Assistance Foundation appears to be a financially stable organization, consistently maintaining significant assets with no reported liabilities across its filing history. However, a critical concern is its latest reported revenue and assets of $0, which starkly contrasts with previous years where assets exceeded $1 million. This sudden drop to zero revenue and assets in the most recent period, following a consistent pattern of over $100,000 in revenue and low expenses in prior years, raises significant questions about its current operational status and financial health. The organization has consistently reported 0% officer compensation, indicating good stewardship in that area, but the complete cessation of financial activity in the latest filing is a major red flag regarding its ongoing viability and transparency.