Quick charity verification for Hispanos Unidos De Buffalo Incorporated (EIN: 161243094)
Verdict: Hispanos Unidos De Buffalo Incorporated appears trustworthy
75/100Mission Score
$5.4MRevenue
$3.0MAssets
2Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the latest filing (2023) by $688,417, indicating a deficit.
Recurring deficits in recent years (2023, 2022, 2021) suggest a potential pattern of spending exceeding income.
Strengths
Consistent and significant revenue growth over the past decade, from $950,225 in 2014 to $3,774,246 in 2023.
Zero officer compensation reported across all filings, indicating high transparency and mission-focused resource allocation.
Growing asset base, increasing from $1,150,350 in 2014 to $2,146,440 in 2023, enhancing long-term capacity.
Long filing history (13 filings) demonstrates consistent compliance and transparency.
Spending Breakdown
How Hispanos Unidos De Buffalo Incorporated allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Hispanos Unidos De Buffalo Incorporated
Is Hispanos Unidos De Buffalo Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Hispanos Unidos De Buffalo Incorporated (EIN: 161243094) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Hispanos Unidos De Buffalo Incorporated a good charity to donate to?
Hispanos Unidos De Buffalo Incorporated has a Mission Score of 75/100. Revenue: $5.4M. Assets: $3.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hispanos Unidos De Buffalo Incorporated?
The Employer Identification Number (EIN) for Hispanos Unidos De Buffalo Incorporated is 161243094. 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 Hispanos Unidos De Buffalo Incorporated spend its money?
Hispanos Unidos De Buffalo Incorporated allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hispanos Unidos De Buffalo Incorporated's tax-exempt status?
You can verify Hispanos Unidos De Buffalo Incorporated's tax-exempt status using EIN 161243094 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
Hispanos Unidos De Buffalo Incorporated demonstrates a generally stable financial trajectory, with consistent revenue growth over the past decade, increasing from $950,225 in 2014 to $3,774,246 in 2023. The organization's assets have also grown significantly, reaching $2,146,440 in 2023, indicating a growing capacity. However, the latest filing for 2023 shows expenses ($4,462,663) exceeding revenue ($3,774,246), resulting in a deficit for the period, which warrants monitoring. This trend of expenses exceeding revenue has been observed in several recent periods, including 2022 and 2021, suggesting a potential need for tighter financial management or increased fundraising efforts to maintain long-term sustainability.
The organization's spending efficiency appears to be focused on its mission, though specific program, administrative, and fundraising breakdowns are not provided in the summary data. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a commitment to directing resources towards the organization's mission rather than executive salaries. This practice is commendable and suggests a lean operational structure at the leadership level.
Overall, while the organization shows strong growth and a commitment to transparency regarding executive compensation, the recurring deficits in recent years, particularly the significant one in 2023, are a point of concern for its financial health. Continued monitoring of expense management relative to revenue generation will be crucial for its future stability and impact.