Quick charity verification for Helpsavelife Inc (EIN: 201768050)
Verdict: Helpsavelife Inc appears trustworthy
92/100Mission Score
$249KRevenue
$288KAssets
1Red Flags
5Strengths
Red Flags
No reported officer compensation, which while positive for efficiency, could indicate reliance on unpaid labor for key roles, potentially impacting long-term sustainability or professional capacity if not managed well.
Zero reported officer compensation across all filings, maximizing funds for programs.
Strong asset growth over time, from $43,483 in 2014 to $288,414 currently, building organizational capacity.
No reported liabilities in recent years (e.g., 2023, 2022, 2021), indicating a healthy balance sheet.
Consistent IRS 990 filings (13 filings), demonstrating commitment to transparency.
Spending Breakdown
How Helpsavelife 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 Helpsavelife Inc
Is Helpsavelife Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Helpsavelife Inc (EIN: 201768050) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Helpsavelife Inc a good charity to donate to?
Helpsavelife Inc has a Mission Score of 92/100. Revenue: $249K. Assets: $288K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Helpsavelife Inc?
The Employer Identification Number (EIN) for Helpsavelife Inc is 201768050. 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 Helpsavelife Inc spend its money?
Helpsavelife Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Helpsavelife Inc's tax-exempt status?
You can verify Helpsavelife Inc's tax-exempt status using EIN 201768050 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
Helpsavelife Inc demonstrates consistent financial stability and growth over the past decade, with its latest reported revenue at $248,821 and assets at $288,414. The organization has consistently maintained a positive net income, indicating sound financial management. For instance, in 2023, revenue was $202,670 against expenses of $197,658, resulting in a surplus. This trend of revenues exceeding expenses, as seen in most recent filings, allows for asset accumulation and sustained operations.
The organization appears to be highly efficient in its spending, with a strong focus on program delivery. The absence of reported officer compensation across all filings suggests that a very high percentage of funds are directed towards its mission rather than administrative overhead or executive salaries. This commitment to minimizing administrative costs is a significant positive indicator of spending efficiency. The consistent growth in assets, from $43,483 in 2014 to $288,414 currently, further underscores its ability to manage resources effectively and build capacity.
Helpsavelife Inc exhibits strong transparency through its consistent filing of IRS Form 990s, with 13 filings available. The clear financial statements showing no liabilities in recent years (e.g., 2023, 2022, 2021) indicate a healthy balance sheet and responsible financial practices. The lack of officer compensation also contributes to a perception of high integrity and a focus on mission over personal gain, enhancing its overall transparency profile.