Is Hospitality & Outreach For Latin Americans Inc Legit?
Quick charity verification for Hospitality & Outreach For Latin Americans Inc (EIN: 201187971)
Verdict: Hospitality & Outreach For Latin Americans Inc appears trustworthy
70/100Mission Score
$195KRevenue
$80KAssets
2Red Flags
4Strengths
Red Flags
Inconsistent revenue generation and periods of significant deficit spending (e.g., 2023 expenses exceeded revenue by over $22,000).
Fluctuating financial performance over the years, making long-term planning and sustainability potentially challenging.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency in executive pay.
Low liabilities across most filing periods, suggesting responsible debt management.
Consistent filing of IRS Form 990s over 13 periods, demonstrating a commitment to transparency.
Clear mission focus as indicated by NTEE code P20 (Immigrant & Refugee Aid).
Spending Breakdown
How Hospitality & Outreach For Latin Americans Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Hospitality & Outreach For Latin Americans Inc
Is Hospitality & Outreach For Latin Americans Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hospitality & Outreach For Latin Americans Inc (EIN: 201187971) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.
Is Hospitality & Outreach For Latin Americans Inc a good charity to donate to?
Hospitality & Outreach For Latin Americans Inc has a Mission Score of 70/100. Revenue: $195K. Assets: $80K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hospitality & Outreach For Latin Americans Inc?
The Employer Identification Number (EIN) for Hospitality & Outreach For Latin Americans Inc is 201187971. 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 Hospitality & Outreach For Latin Americans Inc spend its money?
Hospitality & Outreach For Latin Americans Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hospitality & Outreach For Latin Americans Inc's tax-exempt status?
You can verify Hospitality & Outreach For Latin Americans Inc's tax-exempt status using EIN 201187971 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
Hospitality & Outreach For Latin Americans Inc (HOLA) demonstrates a fluctuating financial history, with recent periods showing inconsistent revenue generation and occasional deficit spending. For instance, in 2023, the organization reported expenses of $57,615 against revenue of $34,826, indicating a significant operating deficit. This trend of expenses exceeding revenue is also visible in 2019 ($20,696 expenses vs. $12,673 revenue) and 2016 ($49,187 expenses vs. $45,411 revenue). While the organization has maintained a relatively low asset base, peaking at $31,039 in 2013 and currently at $80,473, its liabilities have generally remained low, suggesting a cautious approach to debt. The consistent reporting of 0% officer compensation across all available filings indicates a commitment to minimizing administrative overhead related to executive pay, which is a positive sign for donor confidence regarding how funds are allocated.
The organization's financial health appears to be in a rebuilding phase, given the recent increase in assets to $80,473 and latest revenue of $195,232, though the 2023 deficit is a concern. The absence of officer compensation is a strong indicator of spending efficiency in that area. However, without a detailed breakdown of program, administrative, and fundraising expenses, a comprehensive assessment of overall spending efficiency is challenging. The organization's consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to transparency in financial reporting, even if the financial performance itself has been variable. The NTEE code P20 (Immigrant & Refugee Aid) suggests a clear program focus, which aligns with its mission.