Quick charity verification for Hr People & Strategy Inc (EIN: 132989471)
Verdict: Hr People & Strategy Inc has notable concerns
30/100Mission Score
$0Revenue
$49KAssets
5Red Flags
2Strengths
Red Flags
Zero revenue reported in the latest filing (202212) after years of significant income.
Liabilities ($428,749) significantly exceed assets ($48,719) in the latest filing, indicating severe financial distress.
Consistent negative net assets over several years, culminating in a very high liabilities-to-assets ratio.
Drastic and unexplained decline in revenue from $353,020 in 2021 to $0 in 2022.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data, hindering efficiency assessment.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating no executive salary burden.
Historically, the organization managed significant revenues, peaking at over $4.4 million in 2019.
Spending Breakdown
How Hr People & Strategy Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Hr People & Strategy Inc
Is Hr People & Strategy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hr People & Strategy Inc (EIN: 132989471) has notable concerns. Mission Score: 30/100. 5 red flags identified, 2 strengths noted.
Is Hr People & Strategy Inc a good charity to donate to?
Hr People & Strategy Inc has a Mission Score of 30/100. Revenue: $0. Assets: $49K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hr People & Strategy Inc?
The Employer Identification Number (EIN) for Hr People & Strategy Inc is 132989471. 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 Hr People & Strategy Inc spend its money?
Hr People & Strategy Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hr People & Strategy Inc's tax-exempt status?
You can verify Hr People & Strategy Inc's tax-exempt status using EIN 132989471 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
Hr People & Strategy Inc (SHRM) exhibits a concerning financial trend, with its latest filing (202212) showing zero revenue against $7,564 in expenses, and a significant liability of $428,749 compared to assets of $48,719. This indicates a severe deficit and potential solvency issues. While the organization had substantial revenues in prior years, peaking at over $4.4 million in 2019, the drastic drop to $0 revenue in 2022 raises serious questions about its operational continuity and financial stability. The consistent reporting of 0% officer compensation across all available filings suggests that executive pay is not a drain on resources, which is a positive for efficiency, but it doesn't mitigate the overall financial distress.
The organization's financial health has deteriorated sharply, moving from a period of significant activity and revenue generation to a state of minimal operation and substantial debt. The liabilities have consistently outweighed assets in recent years, culminating in a very high liabilities-to-assets ratio in 2022. Without detailed expense breakdowns, it's challenging to assess spending efficiency beyond the overall revenue decline. The lack of revenue in the most recent period makes it difficult to evaluate program spending effectiveness, as there's no income to support programs.
Transparency regarding specific program spending versus administrative or fundraising costs is not available in the provided summary data, making a detailed assessment of spending efficiency challenging. However, the consistent reporting of 0% officer compensation is a transparent practice regarding executive pay. The overall financial picture, particularly the recent revenue collapse and high liabilities, suggests a need for greater clarity on the organization's future plans and financial recovery strategy.