Is Hfpa Foundation Inc Legit?

Quick charity verification for Hfpa Foundation Inc (EIN: 134036353)

Verdict: Hfpa Foundation Inc appears trustworthy

75/100Mission Score

$88KRevenue

$66KAssets

3Red Flags

3Strengths

Red Flags

Inconsistent revenue generation, with significant fluctuations year-to-year (e.g., $0 in 2021 vs. $61,842 in 2023).
Expenses frequently exceed revenue (e.g., $71,695 expenses vs. $61,842 revenue in 2023), leading to operational deficits in multiple periods.
Lack of detailed expense breakdown in provided data makes it difficult to fully assess program efficiency.

Strengths

Consistent 0% officer compensation across all filings, indicating volunteer leadership and efficient use of funds in this area.
Assets have shown a general upward trend over the past decade, from $19,762 in 2015 to $71,611 in 2023, providing some financial cushion.
Relatively low liabilities in most years (e.g., $6,885 in 2023), suggesting responsible debt management.

Spending Breakdown

How Hfpa Foundation Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Hfpa Foundation Inc

Is Hfpa Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Hfpa Foundation Inc (EIN: 134036353) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

Is Hfpa Foundation Inc a good charity to donate to?

Hfpa Foundation Inc has a Mission Score of 75/100. Revenue: $88K. Assets: $66K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Hfpa Foundation Inc?

The Employer Identification Number (EIN) for Hfpa Foundation Inc is 134036353. 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 Hfpa Foundation Inc spend its money?

Hfpa Foundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Hfpa Foundation Inc's tax-exempt status?

You can verify Hfpa Foundation Inc's tax-exempt status using EIN 134036353 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

Hfpa Foundation Inc. exhibits inconsistent financial activity over the past decade, with revenue fluctuating significantly. For instance, in 2021, the organization reported $0 in revenue, while in 2023, it reached $61,842. The organization's assets have generally grown, from $19,762 in 2015 to $71,611 in 2023, indicating some financial stability despite revenue volatility. However, the 2023 filing shows expenses ($71,695) exceeding revenue ($61,842), resulting in a deficit for that period. This trend of expenses sometimes exceeding revenue is observed in multiple years, such as 2023, 2020, 2018, 2017, 2016, 2015, and 2014, suggesting a potential reliance on prior year reserves or other funding sources to cover operational costs.

The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of volunteer leadership and efficient use of donor funds in this area. Given the small scale of the organization, with latest revenue at $87,513 and assets at $66,351, this lack of executive compensation is a significant positive for spending efficiency. However, without detailed breakdowns of expenses beyond total expenses, it's challenging to fully assess program spending versus administrative or fundraising costs. The overall financial health appears to be managing, but the recurring deficits in some years warrant closer examination of funding strategies and expense management.

View Full Transparency Report →

Disclaimer

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