Is Hand In Hand Mano En Mano Legit?

Quick charity verification for Hand In Hand Mano En Mano (EIN: 10836208)

Verdict: Hand In Hand Mano En Mano appears trustworthy

90/100Mission Score
$3.2MRevenue
$4.7MAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Hand In Hand Mano En Mano demonstrates a generally healthy financial position, with consistent revenue growth over the past decade, peaking at $3.8 million in 2021 before stabilizing around $3 million in recent years. The organization has shown a strong ability to manage expenses, with the latest filing (202312) reporting expenses of $2,347,951 against revenues of $2,994,729, resulting in a surplus. Asset growth has also been substantial, increasing from $1.4 million in 2019 to $4.5 million in 2023, indicating good financial stewardship and capacity building. The organization's liabilities have also increased, particularly in 2023 to $1,800,988, which warrants monitoring but does not appear to be disproportionate to its asset base. The organization's spending efficiency appears robust, especially given the consistent surpluses in recent years (e.g., $646,778 in 2023 and $1,130,875 in 2020). While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health suggests effective resource allocation. The absence of reported officer compensation across all filings indicates a commitment to directing funds towards the mission rather than executive salaries, which is a strong positive indicator for transparency and donor trust. Overall, Hand In Hand Mano En Mano appears to be a financially sound and well-managed nonprofit. Its consistent growth, positive net assets, and lack of reported officer compensation contribute to a positive assessment of its financial health and transparency. Donors can be reasonably confident that their contributions are being used effectively to support the organization's mission.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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