Expenses frequently exceed revenue, as seen in 2018 ($130,227 expenses vs. $127,579 revenue) and 2017 ($150,476 expenses vs. $148,450 revenue).
Consistently low asset base ($7,664 in 2018) limits financial resilience.
Lack of reported officer compensation across all filings, which can obscure how leadership is compensated or administrative functions are managed.
Strengths
Consistent filing of IRS Form 990s, indicating transparency in financial reporting.
Consistently reported $0 liabilities across all filings, showing no outstanding debt.
Long history of operations with 8 filings available, suggesting stability over time.
Spending Breakdown
How Hrp Associates Inc Employee Benefits Tr allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Hrp Associates Inc Employee Benefits Tr
Is Hrp Associates Inc Employee Benefits Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Hrp Associates Inc Employee Benefits Tr (EIN: 134242441) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Hrp Associates Inc Employee Benefits Tr a good charity to donate to?
Hrp Associates Inc Employee Benefits Tr has a Mission Score of 65/100. Revenue: $128K. Assets: $8K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hrp Associates Inc Employee Benefits Tr?
The Employer Identification Number (EIN) for Hrp Associates Inc Employee Benefits Tr is 134242441. 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 Hrp Associates Inc Employee Benefits Tr spend its money?
Hrp Associates Inc Employee Benefits Tr allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hrp Associates Inc Employee Benefits Tr's tax-exempt status?
You can verify Hrp Associates Inc Employee Benefits Tr's tax-exempt status using EIN 134242441 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
Hrp Associates Inc Employee Benefits Tr appears to be a small organization with consistently low assets, most recently reported at $7,664 in 2018. The organization's revenue and expenses have fluctuated over the years, with a trend of expenses often exceeding revenue, as seen in 2018 ($130,227 expenses vs. $127,579 revenue) and 2017 ($150,476 expenses vs. $148,450 revenue). This suggests the organization may be operating on tight margins or drawing down on reserves, though its liabilities have consistently been reported as $0, indicating no outstanding debt. The NTEE code Y43 typically refers to employee benefits, which might explain the nature of its financial activities. Without detailed expense breakdowns, it's challenging to fully assess spending efficiency beyond the top-line figures.
The organization's financial reporting shows consistent filing of IRS Form 990, which is a positive indicator of transparency. However, the absence of reported officer compensation across all filings, despite having expenses, raises questions about how administrative functions are covered or if compensation is reported under other categories. Given its small scale and the nature of an 'Employee Benefits Tr', its financial structure might differ from a typical public charity. The consistent reporting of $0 liabilities is a strength, indicating financial stability in terms of debt.
Overall, the organization demonstrates basic financial transparency through its consistent 990 filings and lack of debt. However, the recurring deficit in recent years and the lack of detail on how expenses are allocated (e.g., program vs. administrative) make a comprehensive assessment of spending efficiency difficult. The organization's small asset base also limits its capacity for significant long-term initiatives or financial resilience.