Quick charity verification for Leonard Hoshijo Memorial Foundation (EIN: 203746814)
Verdict: Leonard Hoshijo Memorial Foundation appears trustworthy
75/100Mission Score
$2.4MRevenue
$18.1MAssets
3Red Flags
3Strengths
Red Flags
Significant revenue volatility, including negative revenue in 2023 ($-161,124).
Expenses frequently exceed revenue in recent years, potentially indicating reliance on asset drawdowns (e.g., 2023 expenses of $2,204,411 against negative revenue).
Lack of detailed spending breakdown (program vs. admin vs. fundraising) in the provided summary makes efficiency assessment challenging.
Strengths
Substantial asset base ($18,107,139 latest) provides financial stability.
Minimal liabilities ($1 in recent years) indicates responsible financial management and low debt burden.
Spending Breakdown
How Leonard Hoshijo Memorial Foundation 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 Leonard Hoshijo Memorial Foundation
Is Leonard Hoshijo Memorial Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Leonard Hoshijo Memorial Foundation (EIN: 203746814) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Leonard Hoshijo Memorial Foundation a good charity to donate to?
Leonard Hoshijo Memorial Foundation has a Mission Score of 75/100. Revenue: $2.4M. Assets: $18.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Leonard Hoshijo Memorial Foundation?
The Employer Identification Number (EIN) for Leonard Hoshijo Memorial Foundation is 203746814. 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 Leonard Hoshijo Memorial Foundation spend its money?
Leonard Hoshijo Memorial Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Leonard Hoshijo Memorial Foundation's tax-exempt status?
You can verify Leonard Hoshijo Memorial Foundation's tax-exempt status using EIN 203746814 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 Leonard Hoshijo Memorial Foundation exhibits a mixed financial picture. While the organization has substantial assets, reported at $18,107,139 in its latest filing, its revenue has been highly volatile, including a significant negative revenue of $-161,124 in 2023. This volatility, coupled with expenses often exceeding revenue in recent years (e.g., $2,204,411 in expenses against negative revenue in 2023), suggests potential reliance on asset drawdowns or inconsistent funding streams. The consistent reporting of zero officer compensation across all available filings indicates a strong commitment to minimizing administrative overhead related to executive pay and suggests a volunteer-driven leadership model, which is a positive sign for donor confidence regarding executive compensation.
The foundation's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the large swings in revenue and expenses, particularly the substantial expenses in 2023 relative to revenue, warrant closer examination to understand the nature of these expenditures and their alignment with the organization's mission. The consistent reporting of minimal liabilities ($1 in recent years) is a positive indicator of financial stability and responsible debt management. Overall, while the organization demonstrates transparency in executive compensation, the financial health is impacted by revenue instability and high expenses relative to incoming funds in recent periods.