Quick charity verification for Helping Hands Health And Wellnesscenter (EIN: 205937457)
Verdict: Helping Hands Health And Wellnesscenter appears trustworthy
90/100Mission Score
$477KRevenue
$860KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong revenue growth, particularly in 2023 ($515,613).
Consistent reporting of 0% officer compensation, indicating high dedication to mission.
Healthy financial surpluses in recent years (e.g., $269,081 in 2023).
Growing asset base ($719,614 in 2023) with minimal liabilities.
Positive trend in financial health and capacity.
Spending Breakdown
How Helping Hands Health And Wellnesscenter allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Helping Hands Health And Wellnesscenter
Is Helping Hands Health And Wellnesscenter a legitimate charity?
Based on AI analysis of IRS 990 filings, Helping Hands Health And Wellnesscenter (EIN: 205937457) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Helping Hands Health And Wellnesscenter a good charity to donate to?
Helping Hands Health And Wellnesscenter has a Mission Score of 90/100. Revenue: $477K. Assets: $860K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Helping Hands Health And Wellnesscenter?
The Employer Identification Number (EIN) for Helping Hands Health And Wellnesscenter is 205937457. 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 Helping Hands Health And Wellnesscenter spend its money?
Helping Hands Health And Wellnesscenter allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Helping Hands Health And Wellnesscenter's tax-exempt status?
You can verify Helping Hands Health And Wellnesscenter's tax-exempt status using EIN 205937457 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
Helping Hands Health And Wellnesscenter demonstrates a generally healthy financial trajectory, marked by significant revenue growth and a strong asset base. In 2023, the organization reported revenue of $515,613 against expenses of $246,532, indicating a substantial surplus that contributed to its growing assets of $719,614. This positive trend is a good indicator of financial stability and capacity for future program delivery. The organization's liabilities have consistently been low or zero in most recent years, suggesting sound financial management and minimal debt burden.
Spending efficiency appears strong, particularly in 2023 where expenses were less than half of the revenue. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the overall low expense ratio relative to revenue suggests that a significant portion of funds could be directed towards its mission. The consistent reporting of 0% officer compensation across all filings is a notable aspect of its transparency and commitment to directing funds to its mission rather than executive salaries.
Overall, the organization exhibits good financial health with a growing asset base and a history of operating with surpluses. The absence of officer compensation is a strong positive for transparency and donor confidence. Further detailed analysis of expense categories would provide a more granular view of spending efficiency, but the available data points to a well-managed and financially stable nonprofit.