Quick charity verification for Hands Across Long Island Incorporated (EIN: 113088310)
Verdict: Hands Across Long Island Incorporated appears trustworthy
92/100Mission Score
$6.7MRevenue
$8.7MAssets
1Red Flags
4Strengths
Red Flags
Operating near break-even in some periods (e.g., 202312 revenue equals expenses), which could limit reserves for unexpected events.
Strengths
Consistent 0% officer compensation across all filings, indicating high efficiency and mission focus.
Healthy asset-to-liability ratio, demonstrating financial stability (e.g., $8,764,420 assets vs. $6,599,514 liabilities in 202312).
Consistent growth in revenue over recent years, from $3,522,862 in 201912 to $5,265,432 in 202312.
Regular and extensive IRS 990 filing history (13 filings), indicating good transparency.
Spending Breakdown
How Hands Across Long Island Incorporated allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Hands Across Long Island Incorporated
Is Hands Across Long Island Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Hands Across Long Island Incorporated (EIN: 113088310) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Hands Across Long Island Incorporated a good charity to donate to?
Hands Across Long Island Incorporated has a Mission Score of 92/100. Revenue: $6.7M. Assets: $8.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hands Across Long Island Incorporated?
The Employer Identification Number (EIN) for Hands Across Long Island Incorporated is 113088310. 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 Hands Across Long Island Incorporated spend its money?
Hands Across Long Island Incorporated allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hands Across Long Island Incorporated's tax-exempt status?
You can verify Hands Across Long Island Incorporated's tax-exempt status using EIN 113088310 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
Hands Across Long Island Incorporated demonstrates consistent financial activity, with revenues and expenses generally increasing over the past few years, reaching $5,265,432 in both revenue and expenses for the 202312 period. The organization maintains a healthy asset base, reported at $8,764,420 in the latest filing, which comfortably exceeds its liabilities of $6,599,514. This indicates a stable financial position, though the organization appears to operate close to break-even in terms of annual revenue and expenses, as seen in the 202312 filing where revenue equaled expenses.
The organization's spending efficiency is notable given the consistent reporting of 0% officer compensation across all available filings. This suggests a strong commitment to directing resources towards its mission rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of officer compensation is a positive indicator for efficiency. The organization's financial stability, coupled with its consistent operations, suggests a well-managed entity.
Transparency is generally good, with 13 filings available, indicating regular reporting to the IRS. The consistent financial reporting and the clear absence of officer compensation contribute to a positive view of its transparency practices. However, without more granular expense data, a full assessment of program spending versus overhead is limited.