Is Honey Rock Endtime Foundation Legit?

Quick charity verification for Honey Rock Endtime Foundation (EIN: 208949343)

Verdict: Honey Rock Endtime Foundation appears trustworthy

75/100Mission Score

$2.3MRevenue

$16.8MAssets

3Red Flags

3Strengths

Red Flags

Consistent deficit spending in recent years (e.g., 2022 and 2023 expenses significantly exceeded revenue).
Highly volatile revenue streams, making financial planning and forecasting challenging.
Lack of detailed expense breakdown (program, admin, fundraising) in provided data, hindering full spending efficiency assessment.

Strengths

Substantial asset base ($18,364,480 in 2023) provides financial stability.
0% officer compensation reported across all filings, indicating no executive salaries.
Low liabilities ($1 in recent years) suggests strong financial management of debt.

Spending Breakdown

How Honey Rock Endtime Foundation 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 Honey Rock Endtime Foundation

Is Honey Rock Endtime Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Honey Rock Endtime Foundation (EIN: 208949343) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

Is Honey Rock Endtime Foundation a good charity to donate to?

Honey Rock Endtime Foundation has a Mission Score of 75/100. Revenue: $2.3M. Assets: $16.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Honey Rock Endtime Foundation?

The Employer Identification Number (EIN) for Honey Rock Endtime Foundation is 208949343. 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 Honey Rock Endtime Foundation spend its money?

Honey Rock Endtime Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Honey Rock Endtime Foundation's tax-exempt status?

You can verify Honey Rock Endtime Foundation's tax-exempt status using EIN 208949343 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

Honey Rock Endtime Foundation exhibits a mixed financial picture. While the organization has substantial assets, reaching $18,364,480 in 2023, its revenue has been highly volatile, fluctuating from a low of $43,254 in 2011 to a high of $5,570,897 in 2015 and $3,458,618 in 2021. In recent years, expenses have frequently exceeded revenue, such as in 2023 where expenses were $1,215,478 against revenue of $826,269, and in 2022 with expenses of $1,245,976 against revenue of $107,676. This consistent deficit spending, particularly in 2022 and 2023, raises questions about the sustainability of its operations without relying on its significant asset base.

The organization's transparency appears strong regarding executive compensation, reporting 0% officer compensation across all available filings. This indicates that no salaries or other compensation were paid to officers, which is a positive sign for donor trust. However, without detailed breakdowns of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The NTEE code T20 (Religious Philanthropy) suggests a focus on religious activities, but the lack of granular expense data limits a comprehensive evaluation of how effectively funds are being deployed towards its stated mission.

Overall, the foundation demonstrates financial stability through its large asset base and a commitment to not compensating its officers. However, the significant year-over-year revenue fluctuations and recent trends of expenses exceeding revenue warrant closer examination to understand the long-term financial strategy and the specific allocation of its substantial resources.

View Full Transparency Report →

Disclaimer

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