Quick charity verification for Idaho Hispanic Chamber Of Commerceinc (EIN: 205822787)
Verdict: Idaho Hispanic Chamber Of Commerceinc appears trustworthy
85/100Mission Score
$275KRevenue
$302KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong revenue growth, increasing from $87,666 in 2017 to $369,138 in 2023.
Consistent asset growth, reaching $324,265 in 2023.
0% officer compensation reported across all filings, indicating efficient use of funds.
Consistent filing of IRS 990s over seven periods, demonstrating transparency.
Positive net income in recent years, such as a $116,276 surplus in 2023 (Revenue $369,138 - Expenses $252,862).
Spending Breakdown
How Idaho Hispanic Chamber Of Commerceinc 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 Idaho Hispanic Chamber Of Commerceinc
Is Idaho Hispanic Chamber Of Commerceinc a legitimate charity?
Based on AI analysis of IRS 990 filings, Idaho Hispanic Chamber Of Commerceinc (EIN: 205822787) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is Idaho Hispanic Chamber Of Commerceinc a good charity to donate to?
Idaho Hispanic Chamber Of Commerceinc has a Mission Score of 85/100. Revenue: $275K. Assets: $302K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Idaho Hispanic Chamber Of Commerceinc?
The Employer Identification Number (EIN) for Idaho Hispanic Chamber Of Commerceinc is 205822787. 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 Idaho Hispanic Chamber Of Commerceinc spend its money?
Idaho Hispanic Chamber Of Commerceinc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Idaho Hispanic Chamber Of Commerceinc's tax-exempt status?
You can verify Idaho Hispanic Chamber Of Commerceinc's tax-exempt status using EIN 205822787 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
The Idaho Hispanic Chamber Of Commerceinc demonstrates a generally stable financial trajectory, with recent years showing significant growth in revenue and assets. In 2023, the organization reported revenues of $369,138 against expenses of $252,862, resulting in a surplus that contributed to an increase in assets to $324,265. This positive trend is a good indicator of financial health and sustainability. The organization consistently reports 0% officer compensation across all available filings, which suggests a strong commitment to directing funds towards its mission rather than executive salaries. However, the lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging beyond the overall surplus/deficit. The organization's consistent filing of IRS Form 990s over seven periods indicates a commitment to transparency.