Is Hilton Head Home Builders Education Foundation Inc Legit?
Quick charity verification for Hilton Head Home Builders Education Foundation Inc (EIN: 204679484)
Verdict: Hilton Head Home Builders Education Foundation Inc appears trustworthy
88/100Mission Score
$10KRevenue
$24KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent reporting of 0% officer compensation, indicating volunteer leadership.
Zero liabilities reported across all 13 filings, demonstrating strong financial health and no debt.
Robust filing history with 13 IRS 990s, showing strong transparency and compliance.
Revenues generally cover expenses, indicating sound operational management (e.g., $30,132 revenue vs. $29,444 expenses in 202312).
Spending Breakdown
How Hilton Head Home Builders Education Foundation Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
0%
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 Hilton Head Home Builders Education Foundation Inc
Is Hilton Head Home Builders Education Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hilton Head Home Builders Education Foundation Inc (EIN: 204679484) appears trustworthy. Mission Score: 88/100. 0 red flags identified, 4 strengths noted.
Is Hilton Head Home Builders Education Foundation Inc a good charity to donate to?
Hilton Head Home Builders Education Foundation Inc has a Mission Score of 88/100. Revenue: $10K. Assets: $24K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hilton Head Home Builders Education Foundation Inc?
The Employer Identification Number (EIN) for Hilton Head Home Builders Education Foundation Inc is 204679484. 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 Hilton Head Home Builders Education Foundation Inc spend its money?
Hilton Head Home Builders Education Foundation Inc allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hilton Head Home Builders Education Foundation Inc's tax-exempt status?
You can verify Hilton Head Home Builders Education Foundation Inc's tax-exempt status using EIN 204679484 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
The Hilton Head Home Builders Education Foundation Inc. demonstrates consistent financial activity, with revenues and expenses generally in the range of $30,000-$50,000 over the past few years. In the latest period (202312), the organization reported revenues of $30,132 against expenses of $29,444, indicating a balanced financial year. While the organization's assets have fluctuated, they remain modest, with $32,134 in 202312. A notable strength is the consistent reporting of zero liabilities across all available filings, suggesting sound financial management and no outstanding debt.
The foundation's spending efficiency appears reasonable given its scale. Without a detailed functional expense breakdown, it's challenging to precisely determine program versus administrative spending. However, the consistent absence of officer compensation (0% in all reported periods) is a strong indicator of volunteer leadership, which can significantly reduce administrative overhead and maximize funds available for its educational mission. This commitment to volunteerism enhances its financial health and efficiency.
In terms of transparency, the organization has a robust filing history with 13 IRS 990 filings, indicating consistent compliance with regulatory requirements. The clear reporting of revenues, expenses, assets, and liabilities, along with the explicit declaration of no officer compensation, contributes to a high level of financial transparency. The consistent financial reporting and lack of liabilities suggest a well-managed and accountable organization.