Quick charity verification for Hartford Community Shop Corporation (EIN: 201669499)
Verdict: Hartford Community Shop Corporation appears trustworthy
85/100Mission Score
$25KRevenue
$58KAssets
1Red Flags
5Strengths
Red Flags
No detailed expense breakdown provided in summary to confirm program spending ratio
Strengths
Consistent IRS 990 filing history (13 filings) demonstrating transparency
Zero officer compensation across all reported periods, indicating volunteer leadership and efficiency
Consistent asset growth over the decade, from $26,476 in 2014 to $52,003 in 2023
Minimal to no liabilities reported in most years, indicating strong financial health
Expenses generally align with or are slightly below revenue, showing prudent financial management
Spending Breakdown
How Hartford Community Shop Corporation 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 Hartford Community Shop Corporation
Is Hartford Community Shop Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hartford Community Shop Corporation (EIN: 201669499) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Hartford Community Shop Corporation a good charity to donate to?
Hartford Community Shop Corporation has a Mission Score of 85/100. Revenue: $25K. Assets: $58K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hartford Community Shop Corporation?
The Employer Identification Number (EIN) for Hartford Community Shop Corporation is 201669499. 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 Hartford Community Shop Corporation spend its money?
Hartford Community Shop Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hartford Community Shop Corporation's tax-exempt status?
You can verify Hartford Community Shop Corporation's tax-exempt status using EIN 201669499 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
Hartford Community Shop Corporation demonstrates consistent financial activity, operating with modest revenues and expenses typically in the range of $25,000 to $80,000 annually. The organization has maintained a healthy asset base, growing from $26,476 in 2014 to $52,003 in 2023, with minimal liabilities reported across most years, indicating sound financial management and solvency. The consistent reporting of zero officer compensation across all available filings suggests a volunteer-driven leadership model, which is a strong indicator of efficiency and dedication to mission.
While specific program spending percentages are not detailed in the provided summary, the overall financial picture suggests a lean operation. The organization's ability to maintain and slightly grow its assets over a decade, despite fluctuations in annual revenue and expenses, points to prudent financial stewardship. The absence of liabilities in most years further reinforces a low-risk financial profile. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and transparency.
Given the information, Hartford Community Shop Corporation appears to be a financially stable, well-managed small nonprofit. Its consistent operations, asset growth, and lack of executive compensation suggest a focus on its mission with efficient use of resources. Further analysis would benefit from a detailed breakdown of expenses to confirm program spending efficiency.