Quick charity verification for Man Of Honor Society Inc (EIN: 204947292)
Verdict: Man Of Honor Society Inc appears trustworthy
90/100Mission Score
$282KRevenue
$498KAssets
1Red Flags
5Strengths
Red Flags
No specific red flags identified based on the provided financial data.
Strengths
Consistent asset growth, increasing from $55,326 in 2014 to $449,799 in 2023.
Zero officer compensation reported across all available filings, indicating high efficiency and transparency.
Minimal to zero liabilities reported in most recent years, demonstrating strong financial stability.
Revenue consistently exceeds expenses, allowing for healthy accumulation of assets.
Steady revenue growth over the past decade, from $71,805 in 2014 to $143,594 in 2023.
Spending Breakdown
How Man Of Honor Society Inc 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 Man Of Honor Society Inc
Is Man Of Honor Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Man Of Honor Society Inc (EIN: 204947292) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Man Of Honor Society Inc a good charity to donate to?
Man Of Honor Society Inc has a Mission Score of 90/100. Revenue: $282K. Assets: $498K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Man Of Honor Society Inc?
The Employer Identification Number (EIN) for Man Of Honor Society Inc is 204947292. 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 Man Of Honor Society Inc spend its money?
Man Of Honor Society Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Man Of Honor Society Inc's tax-exempt status?
You can verify Man Of Honor Society Inc's tax-exempt status using EIN 204947292 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
Man Of Honor Society Inc demonstrates consistent financial health and growth over the past decade. The organization has steadily increased its assets from $55,326 in 2014 to $449,799 in 2023, indicating sound financial management and accumulation of resources. Revenue has also shown a positive trend, reaching $143,594 in 2023, up from $71,805 in 2014. The organization consistently reports zero liabilities in most recent years, suggesting a strong balance sheet and minimal debt burden.
Spending efficiency appears strong, with expenses generally well below revenue, allowing for asset growth. For example, in 2023, expenses were $100,694 against revenues of $143,594. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice enhances public trust and suggests a volunteer-driven leadership model.
Overall, Man Of Honor Society Inc exhibits a healthy financial trajectory, efficient resource management, and a high degree of transparency regarding its compensation practices. The consistent growth in assets and revenue, coupled with minimal liabilities and no reported officer compensation, paints a picture of a well-managed and fiscally responsible nonprofit.