Quick charity verification for Hope And A Home Inc (EIN: 202869184)
Verdict: Hope And A Home Inc shows mixed signals
65/100Mission Score
$1.5MRevenue
$2.2MAssets
2Red Flags
3Strengths
Red Flags
Consistent deficit spending, with expenses exceeding revenue in most recent periods (e.g., 2023, 2022, 2021).
Liabilities consistently exceed assets, indicating a potentially high debt burden or reliance on restricted funds (e.g., 2023 assets $2.24M, liabilities $2.87M).
Strengths
Zero reported officer compensation across all filings, indicating efficient use of donor funds at the executive level.
Stable revenue generation over the past decade, growing from $706,759 in 2016 to $1,274,873 in 2023.
Consistent asset base, demonstrating stability in holdings despite financial pressures.
Spending Breakdown
How Hope And A Home Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Hope And A Home Inc
Is Hope And A Home Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hope And A Home Inc (EIN: 202869184) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is Hope And A Home Inc a good charity to donate to?
Hope And A Home Inc has a Mission Score of 65/100. Revenue: $1.5M. Assets: $2.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hope And A Home Inc?
The Employer Identification Number (EIN) for Hope And A Home Inc is 202869184. 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 Hope And A Home Inc spend its money?
Hope And A Home Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hope And A Home Inc's tax-exempt status?
You can verify Hope And A Home Inc's tax-exempt status using EIN 202869184 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
Hope And A Home Inc demonstrates consistent financial activity, with revenues and expenses generally in the range of $1.0M to $1.5M over the past several years. The organization has maintained a stable asset base, typically around $2.2M to $2.7M, though liabilities have consistently exceeded assets, indicating a reliance on debt or restricted funds. For instance, in 2023, assets were $2,241,516 against liabilities of $2,874,666. The organization's transparency is commendable regarding executive compensation, reporting 0% officer compensation across all available filings, which suggests a volunteer-led or very lean administrative structure at the top. However, the consistent deficit spending, where expenses exceed revenue in most recent years (e.g., 2023 expenses of $1,567,010 against revenue of $1,274,873), warrants closer examination to ensure long-term sustainability. While the lack of officer compensation is a positive sign for donor trust, the overall financial health could be improved by addressing the recurring operational deficits and the asset-to-liability ratio.