Is Hurlburt Johnson Friendship House Inc Legit?

Quick charity verification for Hurlburt Johnson Friendship House Inc (EIN: 203173460)

Verdict: Hurlburt Johnson Friendship House Inc appears trustworthy

92/100Mission Score
$375KRevenue
$549KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Hurlburt Johnson Friendship House Inc demonstrates consistent financial growth and strong program focus. Over the past five years, revenue has steadily increased from $278,058 in 2019 to $400,894 in 2023, indicating growing support for its mission. The organization consistently spends a high proportion of its expenses on program services, with 85% allocated to programs in 2023, reflecting efficient use of donor funds towards its stated goals. Furthermore, the organization reports 0% officer compensation across all available filings, which is a significant indicator of volunteer leadership and a commitment to directing resources to beneficiaries. Financial health appears stable, with assets growing from $378,633 in 2019 to $532,295 in 2023, while liabilities have shown a positive trend, decreasing from $231,348 in 2019 to $120,957 in 2023. This reduction in liabilities relative to assets strengthens its balance sheet. The consistent surplus of revenue over expenses, such as the $48,964 surplus in 2023 ($400,894 revenue - $351,930 expenses), allows for asset growth and operational stability. Transparency is high given the consistent filing of IRS Form 990s and the clear reporting of financial data, including the absence of paid executive compensation. This level of detail and the consistent financial performance suggest a well-managed organization focused on its mission.

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Disclaimer

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

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