Strong program focus implied by efficient operations and lack of executive compensation
Spending Breakdown
How Horn Of Africa Education Development Fund allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Horn Of Africa Education Development Fund
Is Horn Of Africa Education Development Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Horn Of Africa Education Development Fund (EIN: 207245709) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Horn Of Africa Education Development Fund a good charity to donate to?
Horn Of Africa Education Development Fund has a Mission Score of 85/100. Revenue: $1.3M. Assets: $167K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Horn Of Africa Education Development Fund?
The Employer Identification Number (EIN) for Horn Of Africa Education Development Fund is 207245709. 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 Horn Of Africa Education Development Fund spend its money?
Horn Of Africa Education Development Fund allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Horn Of Africa Education Development Fund's tax-exempt status?
You can verify Horn Of Africa Education Development Fund's tax-exempt status using EIN 207245709 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
The Horn Of Africa Education Development Fund demonstrates a generally healthy financial position with consistent revenue growth over the past five years, increasing from $428,461 in 2015 to $1,532,888 in 2019. The organization has maintained a strong asset base, peaking at $1,257,394 in 2019, and has consistently reported zero or negligible liabilities, indicating sound financial management and low debt risk. Their transparency is excellent, as evidenced by the readily available filing history and the consistent reporting of 0% officer compensation, which suggests a volunteer-led or very lean administrative structure at the executive level.
However, a notable concern arises from the latest reported revenue of $1,312,421 and assets of $167,129, which represents a significant decrease from the 2019 figures of $1,532,888 in revenue and $1,257,394 in assets. This sharp decline in assets, in particular, warrants further investigation to understand the underlying reasons, such as a major program expenditure, asset divestment, or a change in accounting practices. Despite this recent shift, the historical trend shows robust financial growth and stability, with expenses generally well-managed relative to revenue, allowing for asset accumulation.