Significant deficit in 2012 (expenses $9,701 vs. revenue $2,119)
No recent financial activity reported ($0 revenue, $0 assets in latest data)
Only one IRS 990 filing available (2012), indicating a lack of ongoing transparency
Strengths
No officer compensation reported in 2012, suggesting volunteer leadership
Spending Breakdown
How Hanover Joigny Exchange allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Hanover Joigny Exchange
Is Hanover Joigny Exchange a legitimate charity?
Based on AI analysis of IRS 990 filings, Hanover Joigny Exchange (EIN: 20478847) shows mixed signals. Mission Score: 40/100. 3 red flags identified, 1 strength noted.
Is Hanover Joigny Exchange a good charity to donate to?
Hanover Joigny Exchange has a Mission Score of 40/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hanover Joigny Exchange?
The Employer Identification Number (EIN) for Hanover Joigny Exchange is 20478847. 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 Hanover Joigny Exchange spend its money?
Hanover Joigny Exchange allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hanover Joigny Exchange's tax-exempt status?
You can verify Hanover Joigny Exchange's tax-exempt status using EIN 20478847 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
The Hanover Joigny Exchange appears to be a very small, likely volunteer-run organization, given its minimal financial activity. In its sole reported filing for the period ending December 2012, the organization reported $2,119 in revenue against $9,701 in expenses, indicating it spent more than it took in during that period. Its assets were $1,762 with no liabilities, suggesting a very limited financial footprint. The lack of any reported revenue or assets in the latest data suggests the organization may be inactive or has ceased operations, making a current assessment of financial health challenging.
Given the limited data, it's difficult to assess spending efficiency or transparency comprehensively. The absence of officer compensation in the 2012 filing suggests a volunteer-driven model, which can be efficient for small organizations. However, the significant deficit in 2012, where expenses were over four times revenue, raises questions about sustainability if that trend continued. Without more recent filings or detailed expense breakdowns, it's impossible to determine how funds were allocated between programs, administration, and fundraising.