Quick charity verification for Hatfield Family Scholarship Fund (EIN: 203811979)
Verdict: Hatfield Family Scholarship Fund appears trustworthy
95/100Mission Score
$288KRevenue
$1.2MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Strong asset growth, reaching $1,244,680 in the latest period.
No officer compensation reported, indicating volunteer leadership and efficient use of funds.
Expenses significantly lower than revenue, suggesting strong financial management and endowment building.
Minimal liabilities ($1 in both periods), indicating excellent financial stability.
Spending Breakdown
How Hatfield Family Scholarship Fund allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Hatfield Family Scholarship Fund
Is Hatfield Family Scholarship Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Hatfield Family Scholarship Fund (EIN: 203811979) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
Is Hatfield Family Scholarship Fund a good charity to donate to?
Hatfield Family Scholarship Fund has a Mission Score of 95/100. Revenue: $288K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hatfield Family Scholarship Fund?
The Employer Identification Number (EIN) for Hatfield Family Scholarship Fund is 203811979. 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 Hatfield Family Scholarship Fund spend its money?
Hatfield Family Scholarship Fund allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hatfield Family Scholarship Fund's tax-exempt status?
You can verify Hatfield Family Scholarship Fund's tax-exempt status using EIN 203811979 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 Hatfield Family Scholarship Fund demonstrates strong financial health with consistent asset growth, reaching $1,244,680 in its latest filing. The organization maintains minimal liabilities, indicating a stable financial position. Its spending efficiency appears robust, with expenses significantly lower than revenue in both reported periods ($32,896 vs. $70,088 in 2023 and $51,559 vs. $74,511 in 2022), suggesting a focus on building its endowment to support future scholarships. The absence of officer compensation reported in both filings is a positive indicator of efficient use of funds and a volunteer-driven leadership model, enhancing its transparency and public trust.