Quick charity verification for Ms Hope For A Cure Inc (EIN: 208500232)
Verdict: Ms Hope For A Cure Inc appears trustworthy
75/100Mission Score
$736KRevenue
$419KAssets
2Red Flags
2Strengths
Red Flags
Recurring operational deficits, with expenses exceeding revenue in multiple recent years (e.g., 2023, 2022, 2021, 2020).
Consistent decline in total assets since 2019, indicating a potential draw on reserves or unsustainable spending.
Strengths
Consistent reporting of 0% officer compensation, demonstrating a strong commitment to mission-focused spending.
Long filing history (13 filings), indicating consistent compliance with IRS reporting requirements.
Spending Breakdown
How Ms Hope For A Cure Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Ms Hope For A Cure Inc
Is Ms Hope For A Cure Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ms Hope For A Cure Inc (EIN: 208500232) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 2 strengths noted.
Is Ms Hope For A Cure Inc a good charity to donate to?
Ms Hope For A Cure Inc has a Mission Score of 75/100. Revenue: $736K. Assets: $419K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ms Hope For A Cure Inc?
The Employer Identification Number (EIN) for Ms Hope For A Cure Inc is 208500232. 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 Ms Hope For A Cure Inc spend its money?
Ms Hope For A Cure Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ms Hope For A Cure Inc's tax-exempt status?
You can verify Ms Hope For A Cure Inc's tax-exempt status using EIN 208500232 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
Ms Hope For A Cure Inc has demonstrated consistent financial activity over the past decade, with revenues fluctuating but generally in the range of $300,000 to $1 million annually. The organization has experienced periods of deficit spending, notably in 2015 and 2016 where expenses significantly outstripped revenue, leading to a decrease in assets. More recently, in 2023, expenses ($429,542) again exceeded revenue ($384,844), resulting in a net loss for the year and a continued decline in assets from $455,165 in 2022 to $355,376 in 2023. The organization's assets have generally been on a downward trend since a peak of $692,466 in 2019.
The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards the mission rather than executive salaries, which is a positive sign for donor confidence. However, the recurring deficits and declining asset base suggest a need for closer examination of operational efficiency and fundraising strategies to ensure long-term sustainability. While the NTEE code G12 (Voluntary Health Associations & Medical Disciplines) implies a focus on program services, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency. The organization's transparency is good in terms of filing history and officer compensation disclosure.