Quick charity verification for Hoomaikai School For Creative Hearts (EIN: 202482916)
Verdict: Hoomaikai School For Creative Hearts shows mixed signals
40/100Mission Score
$0Revenue
$0Assets
3Red Flags
2Strengths
Red Flags
No IRS 990 filings since 2011, indicating a lack of current financial transparency.
Liabilities ($8,756) exceeded assets ($5,219) in the 2011 filing, suggesting potential financial instability.
Zero reported revenue and assets in the latest available data, which contradicts the 2011 filing and suggests a data gap or dormancy.
Strengths
No officer compensation reported in 2011, indicating resources were not diverted to executive salaries at that time.
Operated with a small surplus in 2011 (Revenue $46,948 vs. Expenses $42,895).
Spending Breakdown
How Hoomaikai School For Creative Hearts 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 Hoomaikai School For Creative Hearts
Is Hoomaikai School For Creative Hearts a legitimate charity?
Based on AI analysis of IRS 990 filings, Hoomaikai School For Creative Hearts (EIN: 202482916) shows mixed signals. Mission Score: 40/100. 3 red flags identified, 2 strengths noted.
Is Hoomaikai School For Creative Hearts a good charity to donate to?
Hoomaikai School For Creative Hearts has a Mission Score of 40/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hoomaikai School For Creative Hearts?
The Employer Identification Number (EIN) for Hoomaikai School For Creative Hearts is 202482916. 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 Hoomaikai School For Creative Hearts spend its money?
Hoomaikai School For Creative Hearts allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hoomaikai School For Creative Hearts's tax-exempt status?
You can verify Hoomaikai School For Creative Hearts's tax-exempt status using EIN 202482916 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
Hoomaikai School For Creative Hearts appears to be a very small, nascent organization based on its single available IRS 990 filing from 2011. With reported revenue of $46,948 and expenses of $42,895, the organization operated with a modest surplus in that period. Its assets of $5,219 are relatively low, and liabilities of $8,756 exceed assets, indicating a potentially precarious financial position at that time. The lack of more recent financial data makes a current assessment impossible, raising concerns about its ongoing operational status and transparency. The organization did not report any officer compensation in its 2011 filing, which is common for very small or volunteer-run entities.