Is Keep Hope Alive Christmas Party Legit?

Quick charity verification for Keep Hope Alive Christmas Party (EIN: 10930790)

Verdict: Keep Hope Alive Christmas Party appears trustworthy

85/100Mission Score
$669Revenue
$818Assets
1Red Flags
4Strengths

Red Flags

Strengths

AI Transparency Report

Keep Hope Alive Christmas Party operates on a very small scale, with recent annual revenues of $669 in 2018 and $395 in 2017. Its asset base is also minimal, reported at $818 in 2018. The organization's financial health appears to be stable at this micro-level, consistently maintaining zero liabilities. However, there were significant discrepancies in earlier filings, such as 2012 and 2011, where expenses vastly exceeded revenue (e.g., $158,151 in expenses against $865 in revenue in 2012), which could indicate reporting errors or unusual one-time events not explained in the provided data. The more recent filings show a balanced, albeit very small, financial operation. Spending efficiency is difficult to fully assess without a detailed breakdown of expenses for recent years. However, given the nature of a 'Christmas Party' organization and the small scale, it's likely that most funds are directed towards program activities. The consistent reporting of 0% officer compensation suggests that all contributions directly support the mission, which is a positive indicator of efficiency. The organization's transparency is adequate for its size, with consistent filings, but the historical expense anomalies warrant further inquiry if a deeper analysis were to be conducted. Overall, Keep Hope Alive Christmas Party appears to be a very small, volunteer-driven organization with limited financial activity. Its recent financial statements show a balanced budget, and the absence of officer compensation is a strong point. The historical data, however, presents some inconsistencies that would ideally be clarified for a complete picture of its financial management over time.

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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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