Very low current asset base ($406 in 2022) suggests high financial vulnerability.
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds at the executive level.
Generally low or zero reported liabilities across most filing periods, suggesting responsible debt management.
Spending Breakdown
How Hellenic International Studies In The Arts Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Hellenic International Studies In The Arts Inc
Is Hellenic International Studies In The Arts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hellenic International Studies In The Arts Inc (EIN: 203392417) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
Is Hellenic International Studies In The Arts Inc a good charity to donate to?
Hellenic International Studies In The Arts Inc has a Mission Score of 45/100. Revenue: $141K. Assets: $15K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hellenic International Studies In The Arts Inc?
The Employer Identification Number (EIN) for Hellenic International Studies In The Arts Inc is 203392417. 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 Hellenic International Studies In The Arts Inc spend its money?
Hellenic International Studies In The Arts Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hellenic International Studies In The Arts Inc's tax-exempt status?
You can verify Hellenic International Studies In The Arts Inc's tax-exempt status using EIN 203392417 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
Hellenic International Studies In The Arts Inc (HISA) demonstrates a concerning trend of declining revenue and assets over the past several years. From a peak revenue of $425,497 in 2015, the organization's latest reported revenue for 2022 was $106,699, representing a significant decrease. Similarly, assets have plummeted from $166,324 in 2016 to a mere $406 in 2022, indicating a substantial erosion of financial reserves. The organization has frequently operated at a deficit, with expenses exceeding revenue in multiple recent periods, such as 2022 ($112,359 expenses vs. $106,699 revenue) and 2020 ($157,875 expenses vs. $142,198 revenue).
While the organization consistently reports 0% officer compensation, which is a positive for resource allocation, the overall financial health appears precarious. The consistent decline in financial scale and the recurring operational deficits raise questions about the long-term sustainability and impact of its programs. The very low asset base in recent years suggests minimal financial cushion to absorb future shocks or invest in growth.
Without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. However, the consistent lack of liabilities across most years is a positive indicator of responsible debt management. The primary concern remains the shrinking financial footprint and the organization's ability to maintain its mission with such limited and declining resources.