Quick charity verification for Hour Of Harvest Inc (EIN: 20643956)
Verdict: Hour Of Harvest Inc appears trustworthy
88/100Mission Score
$179KRevenue
$85KAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the most recent fiscal year (2023), indicating a short-term operating deficit.
Strengths
Consistent volunteer leadership with 0% officer compensation across all reported periods.
Strong asset growth over the past decade, from $27,168 in 2014 to $126,744 in 2023.
Minimal to no liabilities reported, indicating a debt-free and financially sound balance sheet.
Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency and accountability.
Spending Breakdown
How Hour Of Harvest 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 Hour Of Harvest Inc
Is Hour Of Harvest Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hour Of Harvest Inc (EIN: 20643956) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
Is Hour Of Harvest Inc a good charity to donate to?
Hour Of Harvest Inc has a Mission Score of 88/100. Revenue: $179K. Assets: $85K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hour Of Harvest Inc?
The Employer Identification Number (EIN) for Hour Of Harvest Inc is 20643956. 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 Hour Of Harvest Inc spend its money?
Hour Of Harvest Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hour Of Harvest Inc's tax-exempt status?
You can verify Hour Of Harvest Inc's tax-exempt status using EIN 20643956 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
Hour Of Harvest Inc demonstrates consistent, albeit modest, financial activity over the past decade. The organization's revenue has fluctuated, with a notable increase in 2023 to $133,981, followed by expenses exceeding revenue in the same year ($137,858). This indicates a slight deficit for the most recent period, though prior years generally show a surplus. The organization maintains a healthy asset base relative to its size, with assets growing from $27,168 in 2014 to $126,744 in 2023, and consistently reports zero liabilities in most recent filings, suggesting good financial management and no reliance on debt.
Spending efficiency appears reasonable given the scale of operations. Without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise efficiency ratio cannot be calculated. However, the consistent reporting of 0% officer compensation across all filings is a strong indicator of volunteer leadership, which significantly reduces administrative overhead and maximizes funds available for programs. This commitment to volunteerism enhances the organization's financial health and donor confidence.
Transparency is high, particularly concerning executive compensation, as no officer compensation has been reported in any of the 13 filings. The consistent filing of IRS Form 990 over a long period (13 filings) further demonstrates a commitment to public accountability. The organization's financial stability, characterized by growing assets and minimal liabilities, combined with its transparent reporting of no paid officers, paints a picture of a well-managed and fiscally responsible small nonprofit.