Quick charity verification for Hobbs Hispano Chamber Of Commerce Inc (EIN: 202509041)
Verdict: Hobbs Hispano Chamber Of Commerce Inc appears trustworthy
75/100Mission Score
$178KRevenue
$200KAssets
1Red Flags
4Strengths
Red Flags
Recent trend of expenses exceeding revenue (e.g., $133,735 expenses vs. $127,454 revenue in 202312), which could deplete assets over time.
Strengths
Consistent reporting of 0% officer compensation, indicating strong commitment to mission over executive pay.
Stable asset base (e.g., $157,430 in 202312) relative to its operational size, suggesting financial resilience.
Low liabilities across most filing periods, indicating responsible debt management.
Long filing history (13 filings) demonstrates consistent operation and compliance.
Spending Breakdown
How Hobbs Hispano Chamber Of Commerce Inc 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 Hobbs Hispano Chamber Of Commerce Inc
Is Hobbs Hispano Chamber Of Commerce Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hobbs Hispano Chamber Of Commerce Inc (EIN: 202509041) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.
Is Hobbs Hispano Chamber Of Commerce Inc a good charity to donate to?
Hobbs Hispano Chamber Of Commerce Inc has a Mission Score of 75/100. Revenue: $178K. Assets: $200K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hobbs Hispano Chamber Of Commerce Inc?
The Employer Identification Number (EIN) for Hobbs Hispano Chamber Of Commerce Inc is 202509041. 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 Hobbs Hispano Chamber Of Commerce Inc spend its money?
Hobbs Hispano Chamber Of Commerce Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hobbs Hispano Chamber Of Commerce Inc's tax-exempt status?
You can verify Hobbs Hispano Chamber Of Commerce Inc's tax-exempt status using EIN 202509041 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 Hobbs Hispano Chamber Of Commerce Inc. demonstrates consistent financial activity, with revenues and expenses generally ranging between $100,000 and $140,000 over the past decade. The organization has maintained a stable asset base, typically between $150,000 and $200,000, indicating a reasonable level of financial stability for its size. However, the most recent filing (202312) shows expenses exceeding revenue by approximately $6,281 ($133,735 expenses vs. $127,454 revenue), a trend also observed in 202212 and 202112, suggesting a pattern of operating at a slight deficit in recent years. This could lead to a gradual erosion of assets if not addressed.
The organization's transparency is commendable regarding executive compensation, as all filings consistently report 0% officer compensation. This indicates that the leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence. While specific program spending details are not provided in the summary data, the consistent operational expenses suggest ongoing activities aligned with its NTEE code (S41 - Business & Commerce Organizations). The relatively low liabilities across most years also point to sound financial management in terms of debt.
Overall, the Hobbs Hispano Chamber Of Commerce Inc. appears to be a financially stable, albeit small, organization with a strong commitment to not compensating its officers. The recent trend of expenses slightly outpacing revenue warrants attention to ensure long-term sustainability, but its consistent asset base and low liabilities are positive indicators. Further analysis of program-specific spending would provide a more complete picture of its spending efficiency.