Quick charity verification for Hrs True Hope (EIN: 205347588)
Verdict: Hrs True Hope appears trustworthy
88/100Mission Score
$812KRevenue
$546KAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown (program vs. admin vs. fundraising) in summary data
Increase in liabilities to $650 in 2023 after years of reporting $0, warrants further investigation
Strengths
Consistent revenue growth over a decade (from $103,981 in 2014 to $762,026 in 2023)
Significant asset growth, indicating strong financial management and capacity building (from $9,065 in 2014 to $514,462 in 2023)
No reported officer compensation across all ten filings, suggesting high efficiency and dedication to mission
Consistent filing of IRS 990s, demonstrating transparency and compliance
Generally operating with surpluses, indicating fiscal responsibility
Spending Breakdown
How Hrs True Hope 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 Hrs True Hope
Is Hrs True Hope a legitimate charity?
Based on AI analysis of IRS 990 filings, Hrs True Hope (EIN: 205347588) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 5 strengths noted.
Is Hrs True Hope a good charity to donate to?
Hrs True Hope has a Mission Score of 88/100. Revenue: $812K. Assets: $546K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hrs True Hope?
The Employer Identification Number (EIN) for Hrs True Hope is 205347588. 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 Hrs True Hope spend its money?
Hrs True Hope allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hrs True Hope's tax-exempt status?
You can verify Hrs True Hope's tax-exempt status using EIN 205347588 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
Hrs True Hope demonstrates a consistent pattern of growth in revenue and assets over the past decade, indicating increasing capacity and donor support. In the latest filing (202312), the organization reported revenue of $762,026 against expenses of $651,622, resulting in a surplus that contributes to asset growth. The organization's assets have grown significantly from $9,065 in 2014 to $514,462 in 2023, suggesting sound financial management and accumulation of resources. The absence of reported officer compensation across all filings indicates a volunteer-led or very lean executive structure, which can be a positive sign for donor confidence regarding administrative costs.
While the overall financial trend is positive, a detailed breakdown of expenses (program, administrative, fundraising) is not provided in the summary data, making it challenging to fully assess spending efficiency. However, the consistent surpluses in most years, particularly the substantial surplus of $195,886 in 2022 ($667,539 revenue vs. $471,653 expenses), suggest that the organization is generally operating within its means and building reserves. The significant increase in liabilities to $650 in 2023, after years of reporting $0, warrants a closer look in the full 990 filing to understand its nature and impact.
Regarding transparency, the consistent filing of IRS Form 990s over ten years is a strong indicator of compliance and public accountability. The lack of officer compensation reported across all filings enhances the perception of transparency and dedication to mission, as it suggests resources are not being diverted to high executive salaries. To further enhance transparency, providing a clear breakdown of program versus administrative and fundraising expenses would be beneficial for donors.