Quick charity verification for Handz On Inc (EIN: 20648086)
Verdict: Handz On Inc appears trustworthy
90/100Mission Score
$4.8MRevenue
$4.3MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed breakdown for program, admin, and fundraising expenses in summary data
Unusually consistent 0% officer compensation for an organization of this size, potentially obscuring executive compensation details
Strengths
Strong and consistent revenue growth over a decade, from $558,742 in 2011 to $5,471,436 in 2023.
Excellent financial stability with zero reported liabilities in the latest two filings (2022 and 2023).
Significant asset accumulation, growing from $26,514 in 2011 to $3,834,570 in 2023.
Expenses consistently below revenue in recent years, indicating efficient financial management.
Consistent reporting of 0% officer compensation, suggesting a high proportion of funds directed towards the mission.
Spending Breakdown
How Handz On Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Handz On Inc
Is Handz On Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Handz On Inc (EIN: 20648086) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is Handz On Inc a good charity to donate to?
Handz On Inc has a Mission Score of 90/100. Revenue: $4.8M. Assets: $4.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Handz On Inc?
The Employer Identification Number (EIN) for Handz On Inc is 20648086. 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 Handz On Inc spend its money?
Handz On Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Handz On Inc's tax-exempt status?
You can verify Handz On Inc's tax-exempt status using EIN 20648086 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
Handz On Inc demonstrates strong financial health and growth over the past decade, with revenue increasing from $558,742 in 2011 to $5,471,436 in 2023. The organization consistently reports zero liabilities in recent years (2022 and 2023 filings), indicating excellent financial management and a strong balance sheet. Their asset base has also grown significantly, from $26,514 in 2011 to $3,834,570 in 2023, further solidifying their financial position.
The organization appears to be highly efficient in its spending, with expenses generally well below revenue, allowing for asset accumulation. For instance, in 2023, expenses were $4,139,861 against revenues of $5,471,436. A notable aspect of their transparency is the consistent reporting of 0% officer compensation across all available filings, which suggests that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, or that the organization is run by volunteers. This practice, if accurate, could indicate a strong commitment to directing funds towards programs.
While the filings consistently show 0% officer compensation, a detailed breakdown of program, administrative, and fundraising expenses is not explicitly provided in the summary data. However, the overall financial trends suggest a well-managed and growing organization. The absence of reported liabilities in recent years is a significant positive indicator of financial stability and responsible fiscal practices.