Is Hidden Jewels Legit?

Quick charity verification for Hidden Jewels (EIN: 10704382)

Verdict: Hidden Jewels appears trustworthy

90/100Mission Score
$276KRevenue
$850KAssets
2Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Hidden Jewels demonstrates a generally healthy financial trajectory, marked by consistent revenue growth and increasing assets over the past decade. For instance, revenue grew from $55,928 in 2015 to $243,805 in 2024, and assets increased from $15,677 to $699,363 in the same period. The organization consistently reports 0% officer compensation, which is a strong indicator of efficient use of funds and a commitment to directing resources towards its mission rather than executive salaries. This practice enhances its transparency and trustworthiness. However, there are some fluctuations in expense ratios that warrant closer examination. While the organization generally maintains a healthy surplus (e.g., $243,805 revenue vs. $104,811 expenses in 2024), there was a period in 2015 where expenses ($75,833) exceeded revenue ($55,928). The significant increase in liabilities in 2020 ($94,267) and 2019 ($103,849) compared to other years, while later reduced, could indicate past financial management challenges or strategic investments. Overall, the trend towards higher assets and controlled expenses in recent years suggests improved financial stability and operational efficiency. Given the NTEE code O50, which typically relates to 'Other Human Services', the absence of officer compensation and the growth in assets suggest a strong dedication to its programmatic goals. The consistent filing of IRS 990s over 14 periods also indicates a commitment to regulatory compliance and transparency, allowing stakeholders to track its financial performance over time.

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Disclaimer

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

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