Quick charity verification for Hope In The Mountains Inc (EIN: 134292623)
Verdict: Hope In The Mountains Inc appears trustworthy
92/100Mission Score
$1.5MRevenue
$3.0MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $342,590 in 201506 to $1,490,073 in 202406.
Strong asset base and growth, reaching $2,814,421 in 202406.
Extremely low liabilities, only $8,734 in 202406, indicating sound financial management.
Zero reported officer compensation across all 14 filings, suggesting high efficiency and mission focus.
Consistent operational surplus, with revenue exceeding expenses in most periods, contributing to asset growth.
Spending Breakdown
How Hope In The Mountains Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 In The Mountains Inc
Is Hope In The Mountains Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hope In The Mountains Inc (EIN: 134292623) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Hope In The Mountains Inc a good charity to donate to?
Hope In The Mountains Inc has a Mission Score of 92/100. Revenue: $1.5M. Assets: $3.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hope In The Mountains Inc?
The Employer Identification Number (EIN) for Hope In The Mountains Inc is 134292623. 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 In The Mountains Inc spend its money?
Hope In The Mountains Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hope In The Mountains Inc's tax-exempt status?
You can verify Hope In The Mountains Inc's tax-exempt status using EIN 134292623 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 In The Mountains Inc demonstrates a generally healthy financial position with consistent revenue growth and a strong asset base. In the latest filing (202406), the organization reported revenue of $1,490,073 against expenses of $1,173,197, indicating a surplus that contributes to its growing assets, which stood at $2,814,421. The organization's liabilities remain very low, at $8,734 in 202406, suggesting sound financial management and minimal debt burden. This consistent financial health allows for sustained program delivery.
The organization appears to be highly efficient in its spending, as evidenced by its program focus. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of reported officer compensation across all filings is a significant indicator of transparency and a commitment to directing resources towards its mission rather than executive salaries. This practice enhances public trust and suggests a volunteer-driven or very lean leadership structure.
Overall, Hope In The Mountains Inc exhibits strong financial stewardship. Its consistent growth in revenue and assets, coupled with very low liabilities and no reported officer compensation, paints a picture of a well-managed and transparent nonprofit. The organization's ability to maintain a surplus while expanding its operations suggests effective resource utilization and a sustainable operational model.