Is Here To Help Foundation Legit?

Quick charity verification for Here To Help Foundation (EIN: 208057969)

Verdict: Here To Help Foundation appears trustworthy

75/100Mission Score
$1.8MRevenue
$4.1MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Here To Help Foundation demonstrates a mixed financial picture. While the organization has shown significant growth in revenue and assets over the past decade, with latest revenue at $1,769,419 and assets at $4,139,910, its recent financial periods indicate some operational challenges. In 2023, expenses ($849,369) exceeded revenue ($756,232), resulting in a deficit. This trend of expenses occasionally surpassing revenue is visible in several past filings, such as 2020, 2015, 2014, 2013, 2012, and 2011, suggesting a potential need for more consistent financial planning or revenue diversification to ensure long-term sustainability. The organization's assets have grown substantially, from $1,999,281 in 2011 to over $4.1 million currently, indicating good asset management or investment growth. The organization's transparency appears strong regarding executive compensation, as all filings indicate 0% officer compensation, which is highly commendable. However, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise assessment of spending efficiency is challenging. The consistent reporting of $1 in liabilities in recent years (2023, 2022, 2021, 2020) is unusual and might warrant further investigation to understand its nature, though it suggests minimal debt. Overall, while the organization has demonstrated growth and a commitment to not compensating officers, its operational deficits in certain years suggest areas for financial optimization.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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