Quick charity verification for Hero House (EIN: 10925282)
Verdict: Hero House appears trustworthy
88/100Mission Score
$3.1MRevenue
$4.2MAssets
2Red Flags
4Strengths
Red Flags
Consistent trend of expenses exceeding revenue in recent years (e.g., 2023, 2022, 2019, 2018).
High liabilities relative to total assets, with liabilities at $3,886,021 against assets of $4,128,666 in 2023, warranting further scrutiny.
Strengths
Strong program spending ratio, indicating a focus on mission delivery.
Consistent revenue growth over the past decade, from $439,748 in 2014 to $3,074,704 currently.
Reported 0% officer compensation across all filings, demonstrating exceptional efficiency in executive overhead.
Significant asset growth, from $71,534 in 2014 to $4,158,424 currently.
Spending Breakdown
How Hero House 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 Hero House
Is Hero House a legitimate charity?
Based on AI analysis of IRS 990 filings, Hero House (EIN: 10925282) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
Is Hero House a good charity to donate to?
Hero House has a Mission Score of 88/100. Revenue: $3.1M. Assets: $4.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hero House?
The Employer Identification Number (EIN) for Hero House is 10925282. 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 Hero House spend its money?
Hero House allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hero House's tax-exempt status?
You can verify Hero House's tax-exempt status using EIN 10925282 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
Hero House demonstrates consistent growth in revenue and assets over the past decade, with latest revenue at $3,074,704 and assets at $4,158,424. The organization has maintained a strong program focus, as evidenced by its spending breakdown. A notable aspect of Hero House's financial management is the reported 0% officer compensation across all available filings, suggesting a volunteer-led or very lean executive structure, which contributes positively to its spending efficiency. However, the organization has frequently reported expenses exceeding revenue in recent years, such as in 2023 where expenses were $2,490,169 against revenues of $2,287,157, indicating a reliance on prior reserves or other funding sources to cover operational costs. While this isn't necessarily a red flag if managed strategically, sustained deficits could impact long-term financial stability. The significant liabilities relative to assets, for example, $3,886,021 in liabilities against $4,128,666 in assets in 2023, warrant closer examination to understand their nature and repayment strategy.