Quick charity verification for Living Hope Foundation Inc (EIN: 203841328)
Verdict: Living Hope Foundation Inc appears trustworthy
85/100Mission Score
$31KRevenue
$157KAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed functional expense breakdown in provided data, making precise program efficiency difficult to ascertain.
Strengths
Consistent zero officer compensation, indicating volunteer leadership and efficient use of funds.
Strong asset base relative to annual revenue and expenses, demonstrating financial stability (e.g., $158,549 assets vs. $6,445 revenue in 2023).
Minimal liabilities ($1 across multiple years), indicating sound financial management and low debt.
Long history of IRS 990 filings (10 filings), suggesting consistent compliance and operational longevity.
Spending Breakdown
How Living Hope Foundation Inc 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 Living Hope Foundation Inc
Is Living Hope Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Living Hope Foundation Inc (EIN: 203841328) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Living Hope Foundation Inc a good charity to donate to?
Living Hope Foundation Inc has a Mission Score of 85/100. Revenue: $31K. Assets: $157K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Living Hope Foundation Inc?
The Employer Identification Number (EIN) for Living Hope Foundation Inc is 203841328. 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 Living Hope Foundation Inc spend its money?
Living Hope Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Living Hope Foundation Inc's tax-exempt status?
You can verify Living Hope Foundation Inc's tax-exempt status using EIN 203841328 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
Living Hope Foundation Inc. demonstrates consistent financial stability with a strong asset base relative to its revenue. While its annual revenue has fluctuated, generally staying below $12,000 in recent years, its assets have grown significantly over the past decade, from $136,405 in 2011 to $158,549 in 2023. The organization consistently reports zero officer compensation, which is a positive indicator of volunteer-driven leadership and efficient use of funds. However, the detailed breakdown of program, administrative, and fundraising expenses is not readily available in the provided summary data, making a precise assessment of spending efficiency challenging. The organization's liabilities have consistently been minimal ($1), indicating sound financial management and low debt risk.
Despite the lack of detailed expense categorization, the consistent reporting of zero officer compensation suggests a high degree of transparency regarding executive pay. The organization's NTEE code T20 (Religious, Spiritual, and Faith-Based Organizations) aligns with its name, indicating a clear mission focus. The relatively small scale of operations, with recent annual expenses typically under $11,000, means that even small fluctuations in revenue or expenses can appear significant in percentage terms. Overall, the foundation appears to be a stable, volunteer-led entity with a healthy asset-to-revenue ratio, though more granular spending data would enhance a full efficiency assessment.
The organization's financial health appears robust for its size, with assets significantly outweighing its annual revenue and expenses. The consistent reporting of minimal liabilities and zero officer compensation are strong positive indicators. However, without a detailed functional expense statement, it's difficult to definitively assess the proportion of spending dedicated directly to programs versus administrative or fundraising activities. The organization's long filing history and consistent asset growth suggest a well-managed, albeit small, operation.