Quick charity verification for Hoboken Day Care 100 Program (EIN: 221986978)
Verdict: Hoboken Day Care 100 Program appears trustworthy
85/100Mission Score
$1.6MRevenue
$308KAssets
3Red Flags
3Strengths
Red Flags
Consistent reporting of $0 executive compensation raises questions about leadership structure and potential hidden costs.
Significant fluctuations in revenue and expenses year-over-year, with expenses exceeding revenue in multiple periods (e.g., 202206 and 202006), indicate financial instability.
The organization's liabilities have grown substantially from $2,167 in 201906 to $99,466 in 202306, a concerning trend.
Strengths
A high percentage of spending is allocated to programs (89% in 202306), indicating a strong commitment to its mission.
The organization has consistently maintained a positive asset base, growing from $143,119 in 201606 to $532,279 in 202306.
Despite financial fluctuations, the organization has continued to operate and grow its asset base over several years.
Spending Breakdown
How Hoboken Day Care 100 Program allocates its funds across programs, administration, and fundraising.
89%
Program Spending
Healthy — majority goes to mission
6%
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 Hoboken Day Care 100 Program
Is Hoboken Day Care 100 Program a legitimate charity?
Based on AI analysis of IRS 990 filings, Hoboken Day Care 100 Program (EIN: 221986978) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
Is Hoboken Day Care 100 Program a good charity to donate to?
Hoboken Day Care 100 Program has a Mission Score of 85/100. Revenue: $1.6M. Assets: $308K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hoboken Day Care 100 Program?
The Employer Identification Number (EIN) for Hoboken Day Care 100 Program is 221986978. 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 Hoboken Day Care 100 Program spend its money?
Hoboken Day Care 100 Program allocates 89% to programs, 6% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hoboken Day Care 100 Program's tax-exempt status?
You can verify Hoboken Day Care 100 Program's tax-exempt status using EIN 221986978 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
Hoboken Day Care 100 Program is a human services nonprofit based in Hoboken, New Jersey, with reported revenue of $1.6M and assets of $308K. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 89% of spending goes to programs, 6% to administration, and 5% to fundraising. Executive compensation is reported as $0 across all available filings, which suggests either pro-bono leadership or compensation is categorized differently, warranting further investigation. Revenue has grown +41% across 13 filing periods.