Quick charity verification for Hands Of Hope For The Community Inc (EIN: 205818848)
Verdict: Hands Of Hope For The Community Inc appears trustworthy
92/100Mission Score
$191KRevenue
$382KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth (e.g., $94,303 in 2022 to $157,874 in 2023).
Zero liabilities reported across all filings, indicating strong financial management.
Significant asset growth (from $24,738 in 2012 to $288,908 in 2023).
0% officer compensation reported, maximizing funds for mission-related activities.
Consistent filing of IRS 990 forms over 11 periods, demonstrating transparency.
Spending Breakdown
How Hands Of Hope For The Community Inc 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 Of Hope For The Community Inc
Is Hands Of Hope For The Community Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hands Of Hope For The Community Inc (EIN: 205818848) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Hands Of Hope For The Community Inc a good charity to donate to?
Hands Of Hope For The Community Inc has a Mission Score of 92/100. Revenue: $191K. Assets: $382K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hands Of Hope For The Community Inc?
The Employer Identification Number (EIN) for Hands Of Hope For The Community Inc is 205818848. 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 Of Hope For The Community Inc spend its money?
Hands Of Hope For The Community Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hands Of Hope For The Community Inc's tax-exempt status?
You can verify Hands Of Hope For The Community Inc's tax-exempt status using EIN 205818848 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 Of Hope For The Community Inc demonstrates consistent financial growth and strong program spending. Over the past five years, revenue has generally trended upwards, from $50,496 in 2019 to $157,874 in 2023, indicating increasing support for its mission. The organization consistently maintains zero liabilities, suggesting sound financial management and a low-risk profile. With assets growing from $80,747 in 2019 to $288,908 in 2023, the organization is building a solid financial foundation. The absence of reported officer compensation across all filings enhances its transparency and suggests a volunteer-driven leadership model, which is often viewed favorably by donors.
The organization's spending efficiency appears robust, with expenses consistently lower than revenue in most recent years, allowing for asset accumulation. For example, in 2023, expenses were $80,562 against revenues of $157,874. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the overall financial health, marked by increasing assets and no liabilities, points to effective resource management. The consistent filing of IRS 990 forms over 11 periods also indicates a commitment to regulatory compliance and transparency.
Overall, Hands Of Hope For The Community Inc appears to be a financially healthy and responsibly managed nonprofit. Its growth in revenue and assets, coupled with zero liabilities and no reported officer compensation, paints a picture of an organization focused on its mission and efficient use of donor funds. The consistent financial reporting further reinforces its commitment to transparency.