Quick charity verification for Hfe Share It Forward Inc (EIN: 201582086)
Verdict: Hfe Share It Forward Inc appears trustworthy
90/100Mission Score
$1.5MRevenue
$2.5MAssets
1Red Flags
4Strengths
Red Flags
NTEE code P99 ('Unknown') provides limited insight into specific program areas without further investigation.
Strengths
Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
Steady growth in assets, from $1,000,718 in 2014 to $3,052,592 in 2023, demonstrating strong financial management.
Very low liabilities relative to assets, indicating strong financial health and minimal debt risk.
Consistent revenue generation above $1 million for the past decade, showing stable operational capacity.
Spending Breakdown
How Hfe Share It Forward 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 Hfe Share It Forward Inc
Is Hfe Share It Forward Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hfe Share It Forward Inc (EIN: 201582086) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Hfe Share It Forward Inc a good charity to donate to?
Hfe Share It Forward Inc has a Mission Score of 90/100. Revenue: $1.5M. Assets: $2.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hfe Share It Forward Inc?
The Employer Identification Number (EIN) for Hfe Share It Forward Inc is 201582086. 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 Hfe Share It Forward Inc spend its money?
Hfe Share It Forward Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hfe Share It Forward Inc's tax-exempt status?
You can verify Hfe Share It Forward Inc's tax-exempt status using EIN 201582086 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
Hfe Share It Forward Inc demonstrates consistent financial activity, with revenues fluctuating but generally remaining above $1 million annually over the past decade. The organization's assets have shown a steady growth trend, increasing from $1,000,718 in 2014 to $3,052,592 in 2023, indicating sound asset management and accumulation. Liabilities have remained very low relative to assets, suggesting a healthy balance sheet and minimal financial risk. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries.
Spending efficiency appears strong, particularly given the zero officer compensation. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall expense ratios relative to revenue suggest that the majority of funds are being utilized for the organization's activities. For instance, in 2023, expenses were $1,393,336 against revenues of $1,294,021, indicating a high utilization of funds, potentially even drawing from reserves in some years to support operations. The organization's NTEE code P99 (Unknown) could be a minor point for improved transparency if a more specific classification were available, but the financial data itself is clear.
Overall, Hfe Share It Forward Inc appears to be a financially stable and efficient organization. The consistent growth in assets, low liabilities, and the notable absence of officer compensation across all reported periods highlight a strong commitment to its mission and responsible financial stewardship. The detailed financial filings provide a clear picture of its operations, contributing to a positive assessment of its transparency.