Quick charity verification for Heart Of Texas Charitable Tr (EIN: 207364459)
Verdict: Heart Of Texas Charitable Tr appears trustworthy
85/100Mission Score
$3.1MRevenue
$4.2MAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed program spending information in summary data, making it hard to assess direct impact.
Strengths
Exceptional financial health with significant revenue surplus ($4,012,586 in 202312).
Strong asset growth, increasing from $3,301,024 to $4,162,784.
Extremely low operational expenses ($70,181 in 202312) relative to revenue, indicating high efficiency.
No reported officer compensation, suggesting volunteer leadership or highly efficient compensation structure.
Spending Breakdown
How Heart Of Texas Charitable Tr 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 Heart Of Texas Charitable Tr
Is Heart Of Texas Charitable Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Heart Of Texas Charitable Tr (EIN: 207364459) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Heart Of Texas Charitable Tr a good charity to donate to?
Heart Of Texas Charitable Tr has a Mission Score of 85/100. Revenue: $3.1M. Assets: $4.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Heart Of Texas Charitable Tr?
The Employer Identification Number (EIN) for Heart Of Texas Charitable Tr is 207364459. 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 Heart Of Texas Charitable Tr spend its money?
Heart Of Texas Charitable Tr allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Heart Of Texas Charitable Tr's tax-exempt status?
You can verify Heart Of Texas Charitable Tr's tax-exempt status using EIN 207364459 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 Heart Of Texas Charitable Tr appears to be in excellent financial health, demonstrating a significant surplus in its latest reported period. With revenue of $4,082,767 against expenses of only $70,181, the organization retained a substantial portion of its income, leading to a healthy increase in assets from $3,301,024 to $4,162,784. This indicates strong financial management and an ability to grow its endowment or reserves. However, without a detailed breakdown of program service accomplishments or specific grantmaking activities, it's challenging to fully assess the efficiency of its spending in achieving its charitable mission, as the low expense figure suggests it may primarily function as a grant-making or asset-holding entity rather than directly operating programs. The lack of officer compensation reported also points to a lean operational structure, which is generally positive for efficiency.