Is Hispanic Lobbyists Association Incorporated Legit?
Quick charity verification for Hispanic Lobbyists Association Incorporated (EIN: 206609063)
Verdict: Hispanic Lobbyists Association Incorporated appears trustworthy
90/100Mission Score
$106KRevenue
$121KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth from $65,100 in 2021 to $115,369 in 2023.
Zero reported liabilities across all filing periods.
No officer compensation reported, indicating volunteer leadership and efficient use of funds.
Healthy asset growth from $74,707 in 2021 to $126,498 in 2023.
Significant surplus generation, with revenue exceeding expenses by $56,565 in 2023.
Spending Breakdown
How Hispanic Lobbyists Association Incorporated 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 Hispanic Lobbyists Association Incorporated
Is Hispanic Lobbyists Association Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Hispanic Lobbyists Association Incorporated (EIN: 206609063) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Hispanic Lobbyists Association Incorporated a good charity to donate to?
Hispanic Lobbyists Association Incorporated has a Mission Score of 90/100. Revenue: $106K. Assets: $121K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hispanic Lobbyists Association Incorporated?
The Employer Identification Number (EIN) for Hispanic Lobbyists Association Incorporated is 206609063. 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 Hispanic Lobbyists Association Incorporated spend its money?
Hispanic Lobbyists Association Incorporated allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hispanic Lobbyists Association Incorporated's tax-exempt status?
You can verify Hispanic Lobbyists Association Incorporated's tax-exempt status using EIN 206609063 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 Hispanic Lobbyists Association Incorporated demonstrates sound financial health with consistent revenue growth and a healthy asset base. In 2023, the organization reported revenues of $115,369 against expenses of $58,804, resulting in a significant surplus that contributed to its asset growth to $126,498. The organization has maintained zero liabilities across all reported periods, indicating strong financial management and no reliance on debt. The absence of reported officer compensation in all filings suggests a volunteer-driven leadership, which is a positive indicator for donor confidence and efficient use of funds. The consistent growth in assets from $74,707 in 2021 to $126,498 in 2023 further solidifies its financial stability. The organization's transparency is high given the availability of its 990 filings and the clear financial picture they present.