Quick charity verification for Key Of Hope (EIN: 208117872)
Verdict: Key Of Hope appears trustworthy
70/100Mission Score
$199KRevenue
$164KAssets
2Red Flags
3Strengths
Red Flags
Consistent operational deficits (expenses exceeding revenue in 7 of 10 years)
Declining asset base over the past decade
Strengths
0% officer compensation reported across all filings, indicating efficient use of funds for mission
Long history of IRS 990 filings (13 filings), suggesting transparency
Significant revenue generation, exceeding $1 million in 2021, 2022, and 2023
Spending Breakdown
How Key Of Hope 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 Key Of Hope
Is Key Of Hope a legitimate charity?
Based on AI analysis of IRS 990 filings, Key Of Hope (EIN: 208117872) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Key Of Hope a good charity to donate to?
Key Of Hope has a Mission Score of 70/100. Revenue: $199K. Assets: $164K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Key Of Hope?
The Employer Identification Number (EIN) for Key Of Hope is 208117872. 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 Key Of Hope spend its money?
Key Of Hope allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Key Of Hope's tax-exempt status?
You can verify Key Of Hope's tax-exempt status using EIN 208117872 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
Key Of Hope demonstrates consistent operational deficits in recent years, with expenses exceeding revenue in 7 out of the last 10 reported periods. For instance, in 2023, expenses were $1,170,110 against revenues of $1,127,709, indicating a deficit of over $42,000. This trend suggests a reliance on prior reserves or other funding mechanisms to cover operational costs. While the organization has maintained assets, their value has fluctuated, decreasing from a high of $380,513 in 2015 to $170,762 in 2023. The consistent reporting of 0% officer compensation across all filings is a positive indicator of financial transparency and a commitment to directing funds towards the mission rather than executive salaries. However, the sustained operational deficits warrant closer examination to ensure long-term financial stability.