Quick charity verification for Hyssong Family Ministries (EIN: 10545369)
Verdict: Hyssong Family Ministries appears trustworthy
90/100Mission Score
$657KRevenue
$359KAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Unusually high liabilities in 2020 ($154,409) compared to other years
Strengths
Consistent revenue growth over a decade, from $209,223 in 2014 to $556,213 in 2023
Zero officer compensation reported across all filings, indicating strong commitment to mission-focused spending
Healthy asset growth, from $143,328 in 2014 to $374,539 in 2023
Generally low liabilities, demonstrating sound financial management (excluding 2020 spike)
Positive net assets, indicating financial stability
Spending Breakdown
How Hyssong Family Ministries 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 Hyssong Family Ministries
Is Hyssong Family Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, Hyssong Family Ministries (EIN: 10545369) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is Hyssong Family Ministries a good charity to donate to?
Hyssong Family Ministries has a Mission Score of 90/100. Revenue: $657K. Assets: $359K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hyssong Family Ministries?
The Employer Identification Number (EIN) for Hyssong Family Ministries is 10545369. 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 Hyssong Family Ministries spend its money?
Hyssong Family Ministries allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hyssong Family Ministries's tax-exempt status?
You can verify Hyssong Family Ministries's tax-exempt status using EIN 10545369 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
Hyssong Family Ministries demonstrates consistent financial activity, with revenues generally exceeding or closely matching expenses over the past decade. The organization has shown steady growth in revenue, from $209,223 in 2014 to $556,213 in 2023. Assets have also grown significantly, from $143,328 in 2014 to $374,539 in 2023, indicating a healthy accumulation of resources. The organization consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a focus on mission-related spending rather than executive enrichment.
While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the consistent reporting of zero officer compensation suggests a lean operational structure. The organization's liabilities have remained very low for most of its history, with a notable spike in 2020 ($154,409) which was subsequently reduced, indicating effective financial management. The overall trend suggests a financially stable and responsibly managed nonprofit.
Given the available data, Hyssong Family Ministries appears to be a financially sound organization with a clear commitment to its mission, as evidenced by its consistent growth, asset accumulation, and lack of executive compensation. Further analysis would benefit from detailed expense breakdowns to fully assess spending efficiency across program, administrative, and fundraising categories.