Quick charity verification for Hearts And Hammers Inc (EIN: 203772771)
Verdict: Hearts And Hammers Inc appears trustworthy
95/100Mission Score
$102KRevenue
$148KAssets
1Red Flags
5Strengths
Red Flags
Slight deficit in the latest reporting period (202312: Expenses $112,268 vs. Revenue $109,418)
Strengths
Consistent asset growth from $40,474 in 2015 to $146,092 in 2023
Zero reported officer compensation across all nine filings (2015-2023)
Very low liabilities, peaking at $730 in 2019 and currently at $414
Stable revenue streams, consistently around $100,000 in recent years
Strong indication of high program spending due to lack of executive compensation
Spending Breakdown
How Hearts And Hammers Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Hearts And Hammers Inc
Is Hearts And Hammers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hearts And Hammers Inc (EIN: 203772771) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Hearts And Hammers Inc a good charity to donate to?
Hearts And Hammers Inc has a Mission Score of 95/100. Revenue: $102K. Assets: $148K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hearts And Hammers Inc?
The Employer Identification Number (EIN) for Hearts And Hammers Inc is 203772771. 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 Hearts And Hammers Inc spend its money?
Hearts And Hammers Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hearts And Hammers Inc's tax-exempt status?
You can verify Hearts And Hammers Inc's tax-exempt status using EIN 203772771 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
Hearts And Hammers Inc demonstrates consistent financial activity, with revenues generally exceeding expenses in recent years, contributing to a steady growth in assets from $40,474 in 2015 to $146,092 in 2023. The organization's latest filing shows revenues of $109,418 against expenses of $112,268, indicating a slight deficit for that specific period, but overall financial health appears stable given the accumulated assets. The absence of reported officer compensation across all filings is a significant indicator of efficient resource allocation and a strong commitment to its mission, as it suggests a volunteer-driven leadership model.
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the zero officer compensation strongly implies that a very high percentage of funds are directed towards direct program services. The organization's liabilities have remained very low, peaking at $730 in 2019 and currently at $414, which is excellent for financial stability. The consistent growth in assets over nearly a decade, alongside relatively stable revenue streams around the $100,000 mark in recent years, points to prudent financial management and a sustainable operational model for an organization of its size.
Overall, Hearts And Hammers Inc appears to be a financially sound and transparent organization, particularly given its consistent asset growth and the complete absence of executive compensation, which suggests a high degree of volunteerism and dedication to its mission. The organization's financial trajectory indicates a well-managed entity effectively utilizing its resources.