Is Hubbard House Foundation Inc Legit?

Quick charity verification for Hubbard House Foundation Inc (EIN: 203809007)

Verdict: Hubbard House Foundation Inc appears trustworthy

85/100Mission Score

$2.2MRevenue

$9.2MAssets

2Red Flags

4Strengths

Red Flags

Significant negative revenue reported in 2022 ($-1,021,765) without immediate explanation in the summary data.
Large fluctuations in annual revenue, making financial forecasting and stability assessment challenging.

Strengths

Consistent 0% officer compensation across all reported years, indicating strong commitment to mission over executive pay.
Substantial and growing asset base, reaching $9,230,498, providing financial stability.
Long history of IRS 990 filings (13 filings), demonstrating consistent compliance and transparency.
Relatively stable expenses despite revenue volatility, suggesting controlled operational costs.

Spending Breakdown

How Hubbard House Foundation Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Hubbard House Foundation Inc

Is Hubbard House Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Hubbard House Foundation Inc (EIN: 203809007) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Hubbard House Foundation Inc a good charity to donate to?

Hubbard House Foundation Inc has a Mission Score of 85/100. Revenue: $2.2M. Assets: $9.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Hubbard House Foundation Inc?

The Employer Identification Number (EIN) for Hubbard House Foundation Inc is 203809007. 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 Hubbard House Foundation Inc spend its money?

Hubbard House Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Hubbard House Foundation Inc's tax-exempt status?

You can verify Hubbard House Foundation Inc's tax-exempt status using EIN 203809007 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

Hubbard House Foundation Inc. demonstrates a mixed financial picture with significant fluctuations in revenue over the past few years. While the organization reported a positive revenue of $1,040,772 in 2023 and $2,243,716 in 2021, there was a notable negative revenue of $-1,021,765 in 2022. Despite these revenue swings, the foundation consistently maintains substantial assets, reaching $9,230,498 in its latest filing and $8,405,541 in 2023, indicating a strong financial base. The organization's expenses have remained relatively stable, generally ranging between $400,000 and $500,000 annually, with a peak of $689,256 in 2016. This stability in expenses, coupled with fluctuating revenue, suggests a need for careful financial management to ensure long-term sustainability.

Spending efficiency appears to be strong, as the organization consistently reports 0% officer compensation across all available filings, indicating that all funds are directed towards programs and operational costs rather than executive salaries. This commitment to minimizing administrative overhead is a significant positive. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent growth in assets, from $7,016,468 in 2016 to $9,230,498 currently, suggests effective asset management and potentially strong investment returns or significant non-cash contributions.

Transparency is generally good given the availability of 13 years of IRS 990 filings. The consistent reporting of 0% officer compensation is a clear indicator of financial transparency regarding executive pay. However, the lack of specific program, administrative, and fundraising expense breakdowns in the provided data limits a deeper analysis of how funds are allocated. Further details on these categories would enhance the organization's transparency and allow for a more granular assessment of its spending priorities.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.