Is Hospice Volunteers Of Hancock County…

Quick charity verification for Hospice Volunteers Of Hancock County (EIN: 10385020)

Strengths

Zero officer compensation, indicating volunteer-led leadership and efficient use of funds.
Strong and growing asset base, reaching $1,582,788, providing financial stability and resilience.
Consistent history of IRS 990 filings (13 filings), demonstrating commitment to transparency and compliance.
Prudent financial management, with expenses generally kept within revenue, as seen in 2023 ($287,635 revenue vs. $281,057 expenses).

Spending Breakdown

How Hospice Volunteers Of Hancock County allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

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 Hospice Volunteers Of Hancock County

Is Hospice Volunteers Of Hancock County a legitimate charity?

Based on AI analysis of IRS 990 filings, Hospice Volunteers Of Hancock County (EIN: 10385020) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.

Is Hospice Volunteers Of Hancock County a good charity to donate to?

Hospice Volunteers Of Hancock County has a Mission Score of 95/100. Revenue: $1.1M. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Hospice Volunteers Of Hancock County?

The Employer Identification Number (EIN) for Hospice Volunteers Of Hancock County is 10385020. 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 Hospice Volunteers Of Hancock County spend its money?

Hospice Volunteers Of Hancock County allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Hospice Volunteers Of Hancock County's tax-exempt status?

You can verify Hospice Volunteers Of Hancock County's tax-exempt status using EIN 10385020 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

Hospice Volunteers Of Hancock County demonstrates consistent financial stability with a healthy asset base relative to its annual expenses. Over the past decade, the organization has maintained assets well over $1 million, reaching $1,582,788 in its latest filing, significantly exceeding its annual expenses which typically range between $260,000 and $310,000. This indicates a strong reserve fund, providing resilience and long-term sustainability. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer-driven leadership and efficient use of donor funds, contributing positively to its transparency and public trust.

The organization's spending efficiency appears high, as evidenced by its consistent ability to operate within its revenue, with only minor fluctuations. For instance, in 2023, revenue was $287,635 against expenses of $281,057, showing prudent financial management. The absence of reported officer compensation further suggests that a very high proportion of funds are directed towards program delivery and operational costs rather than executive salaries. This lean operational model, combined with a robust asset base, positions Hospice Volunteers Of Hancock County as a financially sound and efficient nonprofit.

While specific program spending percentages are not detailed in the provided summary, the overall financial picture, particularly the zero officer compensation and stable asset growth, points to a well-managed organization focused on its mission. The consistent filing history over 13 periods also reflects a commitment to regulatory compliance and transparency.

Is Hospice Volunteers Of Hancock County Legit?

Verdict: Hospice Volunteers Of Hancock County appears trustworthy