Is Health Occupations Students Of America…

Quick charity verification for Health Occupations Students Of America (EIN: 208367768)

Strengths

Consistent revenue growth, from $67,998 in 201307 to $444,459 in 202307.
Zero reported liabilities across all filings, indicating strong financial health and low risk.
Positive net assets and significant asset growth, reaching $161,751 in 202307.
No reported officer compensation, suggesting a highly efficient and potentially volunteer-driven leadership.
Operational surpluses in recent years, such as $77,618 in 202307 ($444,459 revenue vs. $366,841 expenses).

Spending Breakdown

How Health Occupations Students Of America allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Health Occupations Students Of America

Is Health Occupations Students Of America a legitimate charity?

Based on AI analysis of IRS 990 filings, Health Occupations Students Of America (EIN: 208367768) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

Is Health Occupations Students Of America a good charity to donate to?

Health Occupations Students Of America has a Mission Score of 90/100. Revenue: $577K. Assets: $196K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Health Occupations Students Of America?

The Employer Identification Number (EIN) for Health Occupations Students Of America is 208367768. 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 Health Occupations Students Of America spend its money?

Health Occupations Students Of America allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Health Occupations Students Of America's tax-exempt status?

You can verify Health Occupations Students Of America's tax-exempt status using EIN 208367768 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

Health Occupations Students Of America (HOSA) demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past decade, culminating in $444,459 in revenue for the 202307 period. The organization has maintained a positive net asset position, reaching $161,751 in assets with no reported liabilities in its latest filing, indicating sound financial management and solvency. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the consistent operational surpluses in recent years (e.g., $444,459 revenue vs. $366,841 expenses in 202307) suggest efficient use of funds relative to its mission. The absence of reported officer compensation further enhances its transparency and indicates a volunteer-driven or very lean executive structure.

Over the past few years, HOSA has shown a strong ability to manage its expenses within its revenue, with the 202307 period showing a significant surplus of $77,618. This trend of increasing revenue and controlled expenses is a positive indicator of financial stability and growth. The organization's assets have also grown substantially, from $52,450 in 201307 to $161,751 in 202307, demonstrating a healthy accumulation of resources. The consistent reporting of zero liabilities across all available filings is a notable strength, reflecting a low-risk financial profile.

Overall, HOSA appears to be a financially well-managed organization with a clear growth pattern. Its consistent financial reporting, absence of liabilities, and lack of officer compensation contribute to a strong impression of transparency and fiscal responsibility. The growth in revenue and assets, coupled with operational surpluses, suggests a sustainable model for achieving its mission.

Is Health Occupations Students Of America Legit?

Verdict: Health Occupations Students Of America appears trustworthy