Is Hope Rising For Children Inc Legit? —…

Quick charity verification for Hope Rising For Children Inc (EIN: 141853676)

Strengths

Consistent asset growth from $146,160 in 2013 to $311,219 in 2022, indicating strong financial stewardship.
Zero reported liabilities across all 12 filings, demonstrating excellent financial health and no debt.
0% officer compensation reported in all filings, suggesting highly efficient use of funds for programs.
Consistent filing history of 12 IRS 990 forms, indicating good transparency.
Positive net assets maintained throughout the entire filing history, showing financial resilience.

Spending Breakdown

How Hope Rising For Children Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Rising For Children Inc

Is Hope Rising For Children Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Hope Rising For Children Inc (EIN: 141853676) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.

Is Hope Rising For Children Inc a good charity to donate to?

Hope Rising For Children Inc has a Mission Score of 85/100. Revenue: $35K. Assets: $313K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Hope Rising For Children Inc?

The Employer Identification Number (EIN) for Hope Rising For Children Inc is 141853676. 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 Rising For Children Inc spend its money?

Hope Rising For Children Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Hope Rising For Children Inc's tax-exempt status?

You can verify Hope Rising For Children Inc's tax-exempt status using EIN 141853676 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 Rising For Children Inc demonstrates consistent financial stability with a healthy asset base relative to its revenue. Over the past decade, the organization has maintained positive net assets, growing from $146,160 in 2013 to $311,219 in 2022. Their liabilities have consistently been reported as $0, indicating strong financial management and a lack of debt. While revenue has fluctuated, ranging from a low of $22,420 in 2013 to a high of $95,127 in 2014, the organization has generally managed expenses to maintain a surplus, contributing to asset growth. The latest reported revenue of $35,421 is lower than previous years, but the organization's substantial assets of $312,552 provide a buffer.

The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that the organization is run by volunteers or that compensation is covered by other means not reported as officer compensation, which can lead to a higher proportion of funds directly supporting programs. Without a detailed breakdown of expenses (program, administrative, fundraising) from the provided data, a precise efficiency ratio cannot be calculated, but the absence of executive salaries is a positive indicator. The consistent growth in assets while maintaining low expenses suggests prudent financial stewardship.

Transparency is generally good, with a consistent filing history of 12 IRS 990 forms. The consistent reporting of $0 liabilities and 0% officer compensation across all periods enhances trust. However, without access to the full 990 forms, specific details on program activities and a granular breakdown of expenses are not available, which would further enhance transparency. The NTEE code P33 (International Development, Relief, and Peace) suggests a clear mission focus.

Is Hope Rising For Children Inc Legit?

Verdict: Hope Rising For Children Inc appears trustworthy