Quick charity verification for Hester Street Collaborative Inc (EIN: 200774906)
Verdict: Hester Street Collaborative Inc appears trustworthy
90/100Mission Score
$3.2MRevenue
$876KAssets
1Red Flags
5Strengths
Red Flags
Unusually low or zero reported officer compensation for an organization of this size, which might indicate compensation is reported under other categories or through related entities not immediately apparent.
Strengths
Strong and consistent revenue growth over the past decade, reaching $5,749,291 in 202312.
Significant increase in assets, from $351,492 in 201508 to $4,227,099 in 202312, demonstrating financial stability.
Zero reported officer compensation across all filings, suggesting a high proportion of funds are directed to programs and operations.
Consistent filing of IRS 990s over 14 periods, indicating good compliance and transparency.
Positive net income in the most recent filing (202312), with revenue exceeding expenses by over $1.3 million.
Spending Breakdown
How Hester Street Collaborative Inc 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 Hester Street Collaborative Inc
Is Hester Street Collaborative Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hester Street Collaborative Inc (EIN: 200774906) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Hester Street Collaborative Inc a good charity to donate to?
Hester Street Collaborative Inc has a Mission Score of 90/100. Revenue: $3.2M. Assets: $876K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hester Street Collaborative Inc?
The Employer Identification Number (EIN) for Hester Street Collaborative Inc is 200774906. 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 Hester Street Collaborative Inc spend its money?
Hester Street Collaborative Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hester Street Collaborative Inc's tax-exempt status?
You can verify Hester Street Collaborative Inc's tax-exempt status using EIN 200774906 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
Hester Street Collaborative Inc demonstrates generally sound financial health, marked by consistent revenue growth and a healthy asset base. In the most recent filing (202312), the organization reported revenue of $5,749,291 against expenses of $4,386,624, resulting in a surplus that contributed to a significant increase in assets to $4,227,099. This positive trend follows a period in 202212 where expenses ($5,183,413) exceeded revenue ($4,512,361), indicating a recovery and improved financial management.
The organization's spending efficiency appears strong, particularly given the reported 0% officer compensation across all available filings, suggesting resources are primarily directed towards operational and programmatic activities rather than executive salaries. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation is a positive indicator of efficient resource allocation. The substantial growth in assets from $875,912 (initial) to $4,227,099 (202312) further underscores financial stability and capacity for future programs.
Transparency regarding executive compensation is excellent, with all filings showing 0% officer compensation. However, without detailed functional expense breakdowns (program, admin, fundraising) in the provided data, a complete assessment of spending efficiency across these categories is limited. The consistent filing of IRS 990s over 14 periods demonstrates a commitment to regulatory compliance and public disclosure.