Is Hoover Elementary School Parent Teacher Organization Inc Legit?

Quick charity verification for Hoover Elementary School Parent Teacher Organization Inc (EIN: 208843045)

Verdict: Hoover Elementary School Parent Teacher Organization Inc appears trustworthy

95/100Mission Score
$61KRevenue
$78KAssets
1Red Flags
5Strengths

Red Flags

Strengths

Spending Breakdown

How Hoover Elementary School Parent Teacher Organization Inc allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Hoover Elementary School Parent Teacher Organization Inc

Is Hoover Elementary School Parent Teacher Organization Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Hoover Elementary School Parent Teacher Organization Inc (EIN: 208843045) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.

Is Hoover Elementary School Parent Teacher Organization Inc a good charity to donate to?

Hoover Elementary School Parent Teacher Organization Inc has a Mission Score of 95/100. Revenue: $61K. Assets: $78K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Hoover Elementary School Parent Teacher Organization Inc?

The Employer Identification Number (EIN) for Hoover Elementary School Parent Teacher Organization Inc is 208843045. 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 Hoover Elementary School Parent Teacher Organization Inc spend its money?

Hoover Elementary School Parent Teacher Organization Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Hoover Elementary School Parent Teacher Organization Inc's tax-exempt status?

You can verify Hoover Elementary School Parent Teacher Organization Inc's tax-exempt status using EIN 208843045 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

Hoover Elementary School Parent Teacher Organization Inc demonstrates consistent financial health, with its latest filing (202308) showing revenue of $64,336 exceeding expenses of $37,657, leading to an increase in assets to $68,073. The organization has maintained a strong asset base, growing from $34,276 in 201108 to $77,515 currently, indicating effective financial management and accumulation of resources. Its liabilities have consistently been very low or zero across all reported periods, suggesting a healthy balance sheet and minimal debt burden. The organization's spending efficiency appears robust, particularly given its nature as a PTO. While specific program, administrative, and fundraising breakdowns are not detailed in the provided summary, the absence of officer compensation across all filings is a strong indicator of volunteer-driven operations, which inherently maximizes the proportion of funds available for its mission. The significant increase in assets over time, alongside generally positive net income years (e.g., 202308, 201208, 201108), suggests that the organization is effectively managing its funds to support its objectives. Transparency is high, as evidenced by consistent IRS 990 filings over more than a decade and the clear reporting of zero officer compensation. This indicates a commitment to public accountability and a focus on directing resources towards the school community rather than executive salaries. The organization's financial stability and operational model, relying on volunteers, contribute positively to its overall transparency and trustworthiness.

View Full Transparency Report →

Disclaimer

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

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