Quick charity verification for Hepatitis B Initiative Ofwashington Dc (EIN: 205841637)
Verdict: Hepatitis B Initiative Ofwashington Dc appears trustworthy
85/100Mission Score
$1.6MRevenue
$314KAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which may obscure true leadership costs or raise questions about sustainability for a growing organization.
Strengths
Strong and consistent revenue growth over the past decade, from $189,770 in 2014 to $1,133,289 in 2023.
Significant asset accumulation, growing from $123,945 in 2014 to $633,271 in 2023, indicating financial stability.
Low liabilities relative to assets, demonstrating good financial management and solvency.
Positive net assets in most years, showing the organization generally operates with a surplus.
Spending Breakdown
How Hepatitis B Initiative Ofwashington Dc 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 Hepatitis B Initiative Ofwashington Dc
Is Hepatitis B Initiative Ofwashington Dc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hepatitis B Initiative Ofwashington Dc (EIN: 205841637) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Hepatitis B Initiative Ofwashington Dc a good charity to donate to?
Hepatitis B Initiative Ofwashington Dc has a Mission Score of 85/100. Revenue: $1.6M. Assets: $314K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hepatitis B Initiative Ofwashington Dc?
The Employer Identification Number (EIN) for Hepatitis B Initiative Ofwashington Dc is 205841637. 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 Hepatitis B Initiative Ofwashington Dc spend its money?
Hepatitis B Initiative Ofwashington Dc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hepatitis B Initiative Ofwashington Dc's tax-exempt status?
You can verify Hepatitis B Initiative Ofwashington Dc's tax-exempt status using EIN 205841637 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
Hepatitis B Initiative Ofwashington Dc (HBI-DC) demonstrates a generally sound financial position with consistent growth in revenue and assets over the past decade. The organization has shown a significant increase in scale, with revenue growing from $189,770 in 2014 to $1,133,289 in 2023. While expenses have also risen, HBI-DC has largely managed to operate with a surplus in most years, contributing to a healthy accumulation of assets, which stood at $633,271 in 2023. The organization's liabilities remain relatively low compared to its assets, indicating good financial stability.
However, a notable point for transparency and efficiency is the consistent reporting of 0% officer compensation across all available filings. While this could indicate a highly volunteer-driven leadership or that compensation is reported under other expense categories, it warrants further investigation to understand the full picture of how leadership is compensated and if this structure is sustainable for an organization of its growing size. The absence of detailed compensation information for key personnel can sometimes obscure the true administrative costs.
Overall, HBI-DC appears to be a financially stable and growing organization. Its ability to scale its operations while maintaining a positive asset-to-liability ratio is commendable. The primary area for enhanced transparency would be a clearer breakdown of leadership compensation, even if it is indeed minimal or non-existent, to provide a complete financial picture to potential donors and stakeholders.