Is Hospitality Sales And Marketing Association International Inc Legit?
Quick charity verification for Hospitality Sales And Marketing Association International Inc (EIN: 210653201)
Verdict: Hospitality Sales And Marketing Association International Inc appears trustworthy
90/100Mission Score
$4.7MRevenue
$1.9MAssets
1Red Flags
5Strengths
Red Flags
Unusually low (0%) reported officer compensation for an organization of this size, which might warrant further investigation into how leadership is compensated or if key personnel are compensated through other means not captured as 'officer compensation' on the 990.
Growing asset base, indicating increasing financial strength and capacity (assets grew from $639,740 in 2014 to $1,419,162 in 2023).
Zero reported officer compensation, suggesting a strong commitment to directing funds towards programs and operations.
Strong revenue recovery and growth post-2020, showing resilience and effective operational strategies.
Expenses closely track revenue, indicating efficient use of funds without significant waste or excessive accumulation.
Spending Breakdown
How Hospitality Sales And Marketing Association International Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Sales And Marketing Association International Inc
Is Hospitality Sales And Marketing Association International Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hospitality Sales And Marketing Association International Inc (EIN: 210653201) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Hospitality Sales And Marketing Association International Inc a good charity to donate to?
Hospitality Sales And Marketing Association International Inc has a Mission Score of 90/100. Revenue: $4.7M. Assets: $1.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hospitality Sales And Marketing Association International Inc?
The Employer Identification Number (EIN) for Hospitality Sales And Marketing Association International Inc is 210653201. 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 Sales And Marketing Association International Inc spend its money?
Hospitality Sales And Marketing Association International Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hospitality Sales And Marketing Association International Inc's tax-exempt status?
You can verify Hospitality Sales And Marketing Association International Inc's tax-exempt status using EIN 210653201 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 Sales And Marketing Association International Inc (HSMAI) demonstrates consistent financial growth and prudent management over the past decade. Revenue has steadily increased from $3,506,951 in 2014 to $4,091,648 in 2023, with a notable recovery from a dip in 2020. The organization consistently operates with a surplus, as seen in 2023 where revenues of $4,091,648 exceeded expenses of $4,033,659, indicating sound financial planning and operational efficiency. Their asset base has also shown healthy growth, reaching $1,419,162 in 2023, providing a solid financial foundation.
HSMAI's spending efficiency appears strong, with expenses generally tracking closely to revenue, suggesting that funds are being utilized for their intended purposes without excessive accumulation or significant deficits. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing resources towards the organization's mission rather than executive pay. This practice enhances public trust and demonstrates a focus on program delivery.
Overall, HSMAI exhibits characteristics of a well-managed and financially stable nonprofit. The consistent surpluses, growing assets, and transparent compensation practices contribute to a positive assessment of its financial health and operational integrity. The organization's ability to maintain a positive financial trajectory, even through challenging periods like 2020, underscores its resilience and effective leadership.