Is Hands And Feet Project Inc Legit?

Quick charity verification for Hands And Feet Project Inc (EIN: 201368997)

Verdict: Hands And Feet Project Inc appears trustworthy

90/100Mission Score
$2.2MRevenue
$4.5MAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Hands And Feet Project Inc demonstrates consistent financial activity, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2022, the organization reported revenue of $2,216,108 against expenses of $2,007,446, indicating a healthy surplus. While the 2023 filing shows expenses slightly exceeding revenue ($2,183,082 vs. $2,033,293), this appears to be an anomaly rather than a trend, and the organization maintains substantial assets of over $4.5 million. The consistent reporting of 0% officer compensation across all available filings strongly suggests a commitment to minimizing administrative overhead and maximizing resources for programmatic activities, which is a significant positive indicator of financial health and donor trust. The organization's asset base has also shown steady growth, from $3,012,790 in 2014 to $4,590,300 in 2023, indicating sound financial management and accumulation of resources. The relatively low liabilities in most years further underscore financial stability. The organization's transparency is commendable, particularly with the consistent disclosure of no officer compensation, which is a key area of scrutiny for nonprofits. This practice enhances donor confidence by demonstrating that leadership is not drawing salaries from the organization's funds. The consistent filing of IRS Form 990s over 14 periods also points to a commitment to regulatory compliance and public accountability. While specific program spending ratios are not provided in the raw data, the absence of executive compensation suggests a strong likelihood that a significant portion of funds is directed towards its mission. The organization's financial stability, as evidenced by its asset growth and controlled liabilities, positions it well to continue its mission effectively.

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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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