Quick charity verification for Mission Of Hope (EIN: 161650924)
Verdict: Mission Of Hope appears trustworthy
92/100Mission Score
$197KRevenue
$550KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $78,045 in 2014 to $185,020 in 2023.
Significant asset accumulation, growing from $52,621 in 2014 to $534,668 in 2023.
Zero officer compensation reported across all filings, indicating volunteer leadership.
Very low or zero liabilities, demonstrating sound financial management.
Expenses consistently lower than revenue in recent years, leading to surpluses.
Spending Breakdown
How Mission Of Hope allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Of Hope
Is Mission Of Hope a legitimate charity?
Based on AI analysis of IRS 990 filings, Mission Of Hope (EIN: 161650924) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Mission Of Hope a good charity to donate to?
Mission Of Hope has a Mission Score of 92/100. Revenue: $197K. Assets: $550K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mission Of Hope?
The Employer Identification Number (EIN) for Mission Of Hope is 161650924. 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 Of Hope spend its money?
Mission Of Hope allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mission Of Hope's tax-exempt status?
You can verify Mission Of Hope's tax-exempt status using EIN 161650924 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 Of Hope demonstrates consistent growth in revenue and assets over the past decade, with a notable increase in assets from $52,621 in 2014 to $534,668 in 2023. The organization consistently reports zero officer compensation, which is a strong indicator of volunteer-driven leadership and efficient use of donor funds for programmatic activities. Their liabilities have remained very low or zero across all reported periods, suggesting sound financial management and minimal debt burden.
The organization's spending efficiency appears robust, with expenses consistently lower than revenue in recent years, allowing for asset accumulation. For example, in 2023, revenue was $185,020 against expenses of $158,584, resulting in a surplus. This consistent surplus generation, coupled with no reported officer compensation, suggests that a high proportion of funds are likely directed towards their mission. The NTEE code X20 (Religious Activities) suggests a focus on religious programs, and the financial data supports a lean operational model.
Transparency is high given the consistent filing of IRS Form 990s and the clear financial picture presented. The absence of officer compensation is a key transparency point, indicating that leadership is not drawing salaries from the organization's funds. The steady growth in assets without significant liabilities further reinforces a picture of responsible stewardship and financial health.