Quick charity verification for Hope Elephants Inc (EIN: 203853992)
Verdict: Hope Elephants Inc has notable concerns
30/100Mission Score
$0Revenue
$0Assets
4Red Flags
2Strengths
Red Flags
Zero revenue and assets in the latest filing, indicating potential cessation of operations.
Consistent deficit spending in recent years (e.g., 2016: $848 revenue vs. $13,298 expenses).
Significant decline in revenue from a peak of $595,118 in 2014 to $0 in the latest period.
Unknown NTEE code, which can obscure the organization's specific charitable purpose.
Strengths
Consistent reporting of 0% officer compensation, suggesting a lean or volunteer-driven leadership structure.
History of managing significant assets (up to $706,199 in 2014) and revenue, indicating past operational capacity.
Spending Breakdown
How Hope Elephants Inc 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 Hope Elephants Inc
Is Hope Elephants Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hope Elephants Inc (EIN: 203853992) has notable concerns. Mission Score: 30/100. 4 red flags identified, 2 strengths noted.
Is Hope Elephants Inc a good charity to donate to?
Hope Elephants Inc has a Mission Score of 30/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hope Elephants Inc?
The Employer Identification Number (EIN) for Hope Elephants Inc is 203853992. 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 Elephants Inc spend its money?
Hope Elephants Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hope Elephants Inc's tax-exempt status?
You can verify Hope Elephants Inc's tax-exempt status using EIN 203853992 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 Elephants Inc. appears to be in a state of financial decline, with its latest filing showing $0 in revenue and assets. This is a significant drop from its peak revenue of $595,118 in 2014 and assets of $706,199 in the same year. The organization has consistently reported expenses exceeding revenue in most recent periods, indicating an unsustainable financial model. For instance, in 2016, expenses were $13,298 against only $848 in revenue. The lack of any reported revenue or assets in the latest period suggests the organization may be inactive or in the process of winding down.
The organization's spending efficiency is difficult to assess without a detailed breakdown of expenses by function (program, administrative, fundraising) in the provided data. However, the consistent deficit spending in recent years raises concerns about its ability to effectively utilize funds. The absence of officer compensation across all reported periods suggests a volunteer-led or very lean executive structure, which could be a positive for efficiency if programs were active.
Transparency is generally good given the availability of multiple IRS 990 filings. However, the NTEE code is unknown, which can sometimes hinder a clear understanding of its specific programmatic focus. The sudden drop to zero revenue and assets in the latest period, without further context, could be a point of concern for stakeholders seeking to understand the organization's current status and future viability.