Is Hope Haven Gospel Mission Inc Legit?

Quick charity verification for Hope Haven Gospel Mission Inc (EIN: 10386284)

Verdict: Hope Haven Gospel Mission Inc appears trustworthy

70/100Mission Score
$343KRevenue
$866KAssets
2Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Hope Haven Gospel Mission Inc allocates its funds across programs, administration, and fundraising.

75%
Program Spending
Healthy — majority goes to mission
15%
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 Haven Gospel Mission Inc

Is Hope Haven Gospel Mission Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Hope Haven Gospel Mission Inc (EIN: 10386284) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.

Is Hope Haven Gospel Mission Inc a good charity to donate to?

Hope Haven Gospel Mission Inc has a Mission Score of 70/100. Revenue: $343K. Assets: $866K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Hope Haven Gospel Mission Inc?

The Employer Identification Number (EIN) for Hope Haven Gospel Mission Inc is 10386284. 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 Haven Gospel Mission Inc spend its money?

Hope Haven Gospel Mission Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Hope Haven Gospel Mission Inc's tax-exempt status?

You can verify Hope Haven Gospel Mission Inc's tax-exempt status using EIN 10386284 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 Haven Gospel Mission Inc. demonstrates a fluctuating financial performance over the past several years. In 2022, the organization reported revenue of $343,034 against expenses of $356,835, indicating a deficit for the year. This follows a trend of inconsistent revenue, with a significant drop from $726,483 in 2020 to $343,034 in 2022. Despite these fluctuations, the organization has maintained a healthy asset base, with assets of $865,966 in 2022, significantly higher than its liabilities of $80,348. The organization's spending efficiency cannot be fully assessed without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing overhead in this area. The lack of detailed expense categories in the provided data limits a comprehensive evaluation of spending efficiency and program focus. Regarding transparency, the consistent filing of IRS Form 990s over 12 periods indicates a commitment to regulatory compliance. The absence of officer compensation is a positive indicator for transparency in executive pay. However, without access to the full 990 forms, a deeper analysis of financial transparency, such as detailed expense breakdowns and governance practices, is not possible.

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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