Quick charity verification for Hometown Heroes Inc (EIN: 201561839)
Verdict: Hometown Heroes Inc appears trustworthy
88/100Mission Score
$442KRevenue
$662KAssets
1Red Flags
4Strengths
Red Flags
Unclear executive compensation reporting (0% officer comp reported for all years, which is unusual for an organization of this size and growth, potentially obscuring actual leadership costs).
Strengths
Consistent revenue growth (from $105,429 in 2014 to $332,092 in 2023).
Strong asset accumulation (from $129,727 in 2014 to $653,581 in 2023).
Zero reported liabilities across all filings, indicating excellent financial health and low risk.
Consistent revenue exceeding expenses, leading to healthy surpluses (e.g., $34,469 in 2023).
Spending Breakdown
How Hometown Heroes Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Hometown Heroes Inc
Is Hometown Heroes Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hometown Heroes Inc (EIN: 201561839) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
Is Hometown Heroes Inc a good charity to donate to?
Hometown Heroes Inc has a Mission Score of 88/100. Revenue: $442K. Assets: $662K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hometown Heroes Inc?
The Employer Identification Number (EIN) for Hometown Heroes Inc is 201561839. 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 Hometown Heroes Inc spend its money?
Hometown Heroes Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hometown Heroes Inc's tax-exempt status?
You can verify Hometown Heroes Inc's tax-exempt status using EIN 201561839 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
Hometown Heroes Inc. demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past decade, the organization's revenue has steadily increased from $105,429 in 2014 to $332,092 in 2023, with assets growing from $129,727 to $653,581 in the same period. This indicates effective fundraising and asset management. The organization consistently reports zero liabilities, which is a strong indicator of financial stability and responsible fiscal management, minimizing financial risk.
Spending efficiency is generally strong, with expenses typically lower than revenue, allowing for asset accumulation. For instance, in 2023, expenses were $297,623 against revenues of $332,092, resulting in a surplus. The consistent reporting of 0% officer compensation across all filings suggests that the organization is either entirely volunteer-run at the executive level or that compensation is reported under other expense categories, which could impact the perceived transparency of executive pay. However, the absence of reported officer compensation directly contributes to a higher proportion of funds potentially available for program services.
Overall, Hometown Heroes Inc. exhibits good financial health with a clear growth trajectory and prudent management of liabilities. The consistent asset growth and revenue surpluses suggest a sustainable operational model. The lack of reported officer compensation, while potentially a positive for program spending, could warrant further investigation to fully understand the compensation structure if any paid leadership exists.