Is Hojac Enterprises Incorporated Legit? —…

Quick charity verification for Hojac Enterprises Incorporated (EIN: 203637153)

Strengths

Consistent reporting of $0 liabilities, indicating strong financial management and no debt.
No reported officer compensation across all filings, suggesting high efficiency and potentially volunteer leadership.
Operates near break-even, indicating funds are being utilized for operations rather than accumulating excessive reserves.
Maintains a positive asset balance, demonstrating solvency.

Spending Breakdown

How Hojac Enterprises 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

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 Hojac Enterprises Incorporated

Is Hojac Enterprises Incorporated a legitimate charity?

Based on AI analysis of IRS 990 filings, Hojac Enterprises Incorporated (EIN: 203637153) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Hojac Enterprises Incorporated a good charity to donate to?

Hojac Enterprises Incorporated has a Mission Score of 85/100. Revenue: $20K. Assets: $7K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Hojac Enterprises Incorporated?

The Employer Identification Number (EIN) for Hojac Enterprises Incorporated is 203637153. 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 Hojac Enterprises Incorporated spend its money?

Hojac Enterprises Incorporated allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Hojac Enterprises Incorporated's tax-exempt status?

You can verify Hojac Enterprises Incorporated's tax-exempt status using EIN 203637153 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

Hojac Enterprises Incorporated demonstrates a consistent pattern of operating near break-even, with expenses closely matching revenue across multiple filing periods. For instance, in 202406, revenue was $44,104 against expenses of $45,473, and in 202306, revenue was $56,932 with expenses of $56,656. This indicates a focus on utilizing funds rather than accumulating significant reserves, as reflected by relatively low asset levels (e.g., $15,456 in 202406). The organization consistently reports zero liabilities, suggesting sound financial management and avoidance of debt.

The absence of reported officer compensation across all available filings is a significant indicator of transparency and potentially high spending efficiency, as it suggests that leadership may be volunteer-based or compensated through other means not captured as officer compensation. However, without a detailed breakdown of expenses (e.g., program vs. administrative), it's challenging to fully assess spending efficiency. The organization's revenue has fluctuated significantly over the years, from a high of $219,879 in 202006 to $1,448 in 201806, which could indicate variability in funding sources or program scale.

Overall, Hojac Enterprises appears to be a fiscally responsible organization that operates within its means and maintains a clean balance sheet with no liabilities. The lack of officer compensation is a strong positive for transparency and efficiency. However, a more detailed expense breakdown would be necessary for a complete assessment of program spending efficiency.

Is Hojac Enterprises Incorporated Legit?

Verdict: Hojac Enterprises Incorporated appears trustworthy

Red Flags