Quick charity verification for Hot August Nights Foundation (EIN: 205999076)
Verdict: Hot August Nights Foundation appears trustworthy
92/100Mission Score
$452KRevenue
$1.0MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero officer compensation reported across all filings, indicating volunteer leadership.
Consistent growth in assets, reaching over $1 million in 2023.
High percentage of expenses directed towards program services (e.g., 2023 expenses of $222,548 against revenue of $313,309, with strong program focus).
Low liabilities reported across most periods, indicating good financial management.
Positive revenue trend over the last few years, demonstrating increasing support.
Spending Breakdown
How Hot August Nights Foundation 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 Hot August Nights Foundation
Is Hot August Nights Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hot August Nights Foundation (EIN: 205999076) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Hot August Nights Foundation a good charity to donate to?
Hot August Nights Foundation has a Mission Score of 92/100. Revenue: $452K. Assets: $1.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hot August Nights Foundation?
The Employer Identification Number (EIN) for Hot August Nights Foundation is 205999076. 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 Hot August Nights Foundation spend its money?
Hot August Nights Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hot August Nights Foundation's tax-exempt status?
You can verify Hot August Nights Foundation's tax-exempt status using EIN 205999076 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 Hot August Nights Foundation demonstrates consistent financial stability and strong program focus. Over the past five years, the organization has shown a positive trend in revenue, culminating in $313,309 in 2023, and has consistently maintained healthy asset levels, reaching over $1 million in 2023. Their spending efficiency is commendable, with a significant portion of expenses directed towards program services. The foundation also exhibits excellent transparency by reporting zero officer compensation across all available filings, indicating that leadership serves on a volunteer basis, which is a strong positive indicator for donor confidence. The consistent growth in assets, from $648,429 in 2019 to $1,002,039 in 2023, further solidifies its financial health and capacity to sustain its mission.