Is Hub Central Access Point For Youngadults Legit?
Quick charity verification for Hub Central Access Point For Youngadults (EIN: 208008617)
Verdict: Hub Central Access Point For Youngadults appears trustworthy
90/100Mission Score
$612KRevenue
$368KAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed spending breakdown (program, admin, fundraising) in provided summary data, making precise efficiency analysis difficult.
Strengths
Consistent revenue growth, nearly doubling from $275,884 in 2016 to $609,629 in 2023.
Strong financial health with increasing assets ($256,722 in 2016 to $386,394 in 2023) and significantly reduced liabilities ($166,517 in 2018 to $17,726 in 2023).
Remarkable 0% officer compensation reported across all 13 filings, indicating high resource allocation to mission.
Positive net income in recent years, with 2023 revenue of $609,629 exceeding expenses of $541,151.
Extensive filing history (13 IRS 990 filings) demonstrating strong transparency.
Spending Breakdown
How Hub Central Access Point For Youngadults 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 Hub Central Access Point For Youngadults
Is Hub Central Access Point For Youngadults a legitimate charity?
Based on AI analysis of IRS 990 filings, Hub Central Access Point For Youngadults (EIN: 208008617) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Hub Central Access Point For Youngadults a good charity to donate to?
Hub Central Access Point For Youngadults has a Mission Score of 90/100. Revenue: $612K. Assets: $368K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hub Central Access Point For Youngadults?
The Employer Identification Number (EIN) for Hub Central Access Point For Youngadults is 208008617. 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 Hub Central Access Point For Youngadults spend its money?
Hub Central Access Point For Youngadults allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hub Central Access Point For Youngadults's tax-exempt status?
You can verify Hub Central Access Point For Youngadults's tax-exempt status using EIN 208008617 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
Hub Central Access Point For Youngadults demonstrates consistent financial health with a positive trend in net assets over the past several years. In 2023, the organization reported revenues of $609,629 against expenses of $541,151, resulting in a surplus that contributed to an increase in assets to $386,394. This indicates sound financial management and an ability to operate within its means while building reserves. The organization's liabilities have also significantly decreased from a high of $166,517 in 2018 to $17,726 in 2023, further strengthening its financial position.
The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that resources are being directed towards programmatic activities and operational needs rather than high executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the overall financial stability and growth in net assets imply effective resource allocation. The consistent growth in revenue, from $275,884 in 2016 to over $600,000 in 2023, also points to successful fundraising and community support.
In terms of transparency, the organization has a robust filing history with 13 IRS 990 filings, indicating a commitment to public disclosure. The consistent reporting of key financial metrics allows for a clear understanding of its financial trajectory. The absence of officer compensation is a notable positive for transparency and public trust, as it suggests a volunteer-led or very lean leadership structure, ensuring that donations are maximized for direct services.