Quick charity verification for Mission Hope Foundation (EIN: 201359156)
Verdict: Mission Hope Foundation appears trustworthy
90/100Mission Score
$721KRevenue
$1.4MAssets
1Red Flags
5Strengths
Red Flags
Unusually low or zero reported officer compensation, which might obscure how leadership is compensated if not truly volunteer-based.
Strengths
Consistent revenue growth, especially in recent years (e.g., $770,953 in 2022, up from $497,801 in 2021).
Strong asset accumulation, reaching $1,219,744 in 2022.
Minimal to zero liabilities reported in most recent filings, indicating excellent financial health and solvency.
Consistent reporting of 0% officer compensation, suggesting a highly efficient or volunteer-driven leadership structure.
Healthy surplus of revenue over expenses, allowing for reinvestment and sustainability (e.g., $304,505 surplus in 2022).
Spending Breakdown
How Mission Hope 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 Mission Hope Foundation
Is Mission Hope Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mission Hope Foundation (EIN: 201359156) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Mission Hope Foundation a good charity to donate to?
Mission Hope Foundation has a Mission Score of 90/100. Revenue: $721K. Assets: $1.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mission Hope Foundation?
The Employer Identification Number (EIN) for Mission Hope Foundation is 201359156. 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 Mission Hope Foundation spend its money?
Mission Hope Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mission Hope Foundation's tax-exempt status?
You can verify Mission Hope Foundation's tax-exempt status using EIN 201359156 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
Mission Hope Foundation demonstrates a generally healthy financial trajectory, with consistent revenue growth observed in recent years, particularly a significant jump from $497,801 in 2021 to $770,953 in 2022. The organization maintains a strong asset base, reaching $1,219,744 in 2022, with minimal to no liabilities reported in most recent filings, indicating sound financial management and solvency. Their spending efficiency appears robust, as expenses in 2022 were $466,448 against revenues of $770,953, suggesting a healthy surplus for reinvestment or reserves.
The organization's transparency is commendable, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that executive leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence. The consistent filing of IRS Form 990s over 12 periods further reinforces their commitment to public accountability.
While specific program spending ratios are not detailed in the provided data, the overall financial health, growth in assets, and absence of liabilities, coupled with zero reported officer compensation, paint a picture of a well-managed and transparent nonprofit. The consistent surplus of revenue over expenses in recent years allows for sustainable operations and potential expansion of programmatic activities.