Quick charity verification for Hurst Wood Education Foundation Inc (EIN: 202697232)
Verdict: Hurst Wood Education Foundation Inc shows mixed signals
65/100Mission Score
$269KRevenue
$4.3MAssets
3Red Flags
3Strengths
Red Flags
Consistent operating deficits: Expenses frequently and significantly exceed revenue (e.g., $944,575 expenses vs. $201,625 revenue in 2023).
Declining asset base: Assets have decreased from over $8 million in 2015 to $6 million in 2023.
Highly volatile revenue: Revenue has fluctuated drastically year-to-year, making financial planning challenging and indicating potential instability in funding sources.
Strengths
Zero officer compensation: No executive compensation reported, indicating all resources are directed towards the mission.
Substantial asset base: Despite recent declines, the organization still holds over $6 million in assets, providing a buffer.
Clean liability record: Liabilities have been consistently low or zero in recent years, indicating good debt management.
Spending Breakdown
How Hurst Wood Education Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Hurst Wood Education Foundation Inc
Is Hurst Wood Education Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hurst Wood Education Foundation Inc (EIN: 202697232) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Hurst Wood Education Foundation Inc a good charity to donate to?
Hurst Wood Education Foundation Inc has a Mission Score of 65/100. Revenue: $269K. Assets: $4.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hurst Wood Education Foundation Inc?
The Employer Identification Number (EIN) for Hurst Wood Education Foundation Inc is 202697232. 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 Hurst Wood Education Foundation Inc spend its money?
Hurst Wood Education Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hurst Wood Education Foundation Inc's tax-exempt status?
You can verify Hurst Wood Education Foundation Inc's tax-exempt status using EIN 202697232 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
Hurst Wood Education Foundation Inc exhibits fluctuating financial activity over the past decade. While the organization consistently reports zero officer compensation, indicating good transparency in executive pay, its revenue has been highly inconsistent, ranging from a low of $38,903 in 2022 to a high of $2,993,312 in 2014. This volatility makes it challenging to assess consistent financial health. In recent years, expenses have frequently outpaced revenue significantly, such as in 2023 where expenses were $944,575 against revenues of $201,625, and in 2022 where expenses were $707,842 against revenues of $38,903. This trend suggests reliance on prior year assets or other funding sources to cover operational costs, which could be a concern for long-term sustainability if not addressed by more stable revenue streams. The organization's assets have also shown a declining trend from a peak of $8,152,335 in 2015 to $6,002,438 in 2023, further indicating that expenses are drawing down reserves.