Is Hickory Nut Gorge Outreach Inc Legit? —…

Quick charity verification for Hickory Nut Gorge Outreach Inc (EIN: 201240771)

Strengths

Consistent revenue and asset growth over a decade, indicating sustainability.
Zero reported liabilities across all filings, demonstrating strong financial stability.
0% officer compensation reported, suggesting high efficiency and dedication to mission.
Expenses consistently lower than revenue in recent years, leading to asset accumulation.
Strong asset base relative to annual expenses, providing financial resilience.

Spending Breakdown

How Hickory Nut Gorge Outreach 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

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 Hickory Nut Gorge Outreach Inc

Is Hickory Nut Gorge Outreach Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Hickory Nut Gorge Outreach Inc (EIN: 201240771) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Hickory Nut Gorge Outreach Inc a good charity to donate to?

Hickory Nut Gorge Outreach Inc has a Mission Score of 92/100. Revenue: $310K. Assets: $551K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Hickory Nut Gorge Outreach Inc?

The Employer Identification Number (EIN) for Hickory Nut Gorge Outreach Inc is 201240771. 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 Hickory Nut Gorge Outreach Inc spend its money?

Hickory Nut Gorge Outreach Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Hickory Nut Gorge Outreach Inc's tax-exempt status?

You can verify Hickory Nut Gorge Outreach Inc's tax-exempt status using EIN 201240771 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

Hickory Nut Gorge Outreach Inc demonstrates consistent financial health and growth, with its latest reported revenue at $310,090 and assets at $550,822. The organization has shown a positive trend in both revenue and assets over the past decade, indicating stable operations and increasing capacity. For instance, assets grew from $39,818 in 2014 to $440,518 in 2023. The organization consistently reports zero liabilities, which is a strong indicator of financial stability and responsible management, minimizing financial risk. This suggests a well-managed balance sheet and a focus on maintaining a healthy financial position.

The organization's spending efficiency appears strong, with expenses consistently lower than revenue in recent years, allowing for asset accumulation. For example, in 2023, revenue was $241,226 against expenses of $183,774, resulting in a surplus. The absence of officer compensation reported across all filings is a significant positive for transparency and efficiency, suggesting that leadership may be volunteer-based or compensated through other means not classified as officer compensation, which can free up more funds for programmatic activities. This practice enhances donor confidence by demonstrating a commitment to maximizing resources for the mission.

Overall, Hickory Nut Gorge Outreach Inc exhibits a robust financial profile with clear growth, strong asset management, and a high degree of financial transparency, particularly concerning executive compensation. The consistent lack of liabilities and the steady increase in assets over time paint a picture of a well-run and financially prudent nonprofit. The organization's financial practices suggest a strong commitment to its mission and efficient use of donor funds.

Is Hickory Nut Gorge Outreach Inc Legit?

Verdict: Hickory Nut Gorge Outreach Inc appears trustworthy