Is Hlmh Inc Legit?

Quick charity verification for Hlmh Inc (EIN: 134072644)

Verdict: Hlmh Inc appears trustworthy

75/100Mission Score

$809KRevenue

$27.0MAssets

2Red Flags

4Strengths

Red Flags

Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, hindering full spending efficiency analysis.
Significant revenue fluctuations, such as the drop from $3,147,784 in 2019 to $1,419,800 in 2020, and the deficit in 2022 ($1,634,213 revenue vs. $2,439,230 expenses).

Strengths

Substantial and growing asset base, reaching $26,278,513 in 2023, indicating strong financial reserves.
Consistent reporting of 0% officer compensation, suggesting a potentially low overhead for executive leadership.
Long history of IRS 990 filings (10 filings), demonstrating commitment to regulatory compliance and basic transparency.
Positive financial surplus in 2023 ($172,959), recovering from a deficit in the prior year.

Spending Breakdown

How Hlmh Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Hlmh Inc

Is Hlmh Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Hlmh Inc (EIN: 134072644) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is Hlmh Inc a good charity to donate to?

Hlmh Inc has a Mission Score of 75/100. Revenue: $809K. Assets: $27.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Hlmh Inc?

The Employer Identification Number (EIN) for Hlmh Inc is 134072644. 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 Hlmh Inc spend its money?

Hlmh Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Hlmh Inc's tax-exempt status?

You can verify Hlmh Inc's tax-exempt status using EIN 134072644 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

Hlmh Inc demonstrates a generally stable financial position with substantial assets, reported at $26,278,513 in 2023, significantly exceeding its liabilities of $288. The organization has consistently maintained a healthy asset base over the past decade, growing from $21,722,636 in 2011. Revenue and expenses have fluctuated, with 2023 showing a surplus of $172,959 ($2,103,213 revenue vs. $1,930,254 expenses), a positive turnaround from the $805,017 deficit in 2022. The consistent reporting of 0% officer compensation across all available filings suggests either a fully volunteer-led executive team or that compensation is reported under other expense categories, which could impact transparency regarding leadership costs.

While the overall financial health appears robust due to significant assets, the lack of detailed expense breakdowns in the provided data makes it challenging to fully assess spending efficiency, particularly the allocation between program, administrative, and fundraising costs. The organization's NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activity might be grantmaking, which typically involves lower direct program expenses compared to service delivery organizations. However, without a breakdown, it's difficult to confirm if the majority of its expenditures are indeed directed towards its stated philanthropic mission.

Transparency regarding executive compensation is high, with 0% reported, which is a positive indicator. However, the absence of detailed functional expense reporting (program, admin, fundraising) in the provided summary limits a comprehensive assessment of spending efficiency. The consistent filing of IRS Form 990s over a long period (10 filings) indicates a commitment to regulatory compliance and basic financial transparency.

View Full Transparency Report →

Disclaimer

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