Quick charity verification for Nethope Inc (EIN: 201782011)
Verdict: Nethope Inc appears trustworthy
80/100Mission Score
$6.5MRevenue
$14.7MAssets
3Red Flags
3Strengths
Red Flags
Consistent 0% reported officer compensation, which is highly unusual for an organization of this scale and could indicate a lack of transparency in reporting executive benefits or compensation structures.
Significant year-over-year revenue volatility (e.g., $19.49M in 2022 to $4.07M in 2023), which can make long-term financial planning and sustainability challenging.
Operating deficits in multiple years (e.g., 2023, 2020, 2019, 2018, 2017), indicating that expenses sometimes exceed incoming revenue.
Strengths
Strong asset growth over the past decade, from $2.87M in 2014 to $17.44M in 2023, indicating effective asset management or significant capital accumulation.
Low reported administrative and fundraising costs, assuming the 0% officer compensation is genuinely reflective of executive pay, allowing more funds for programs.
Consistent filing of IRS 990 forms over 13 periods, demonstrating a commitment to regulatory compliance and public disclosure.
Spending Breakdown
How Nethope 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 Nethope Inc
Is Nethope Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nethope Inc (EIN: 201782011) appears trustworthy. Mission Score: 80/100. 3 red flags identified, 3 strengths noted.
Is Nethope Inc a good charity to donate to?
Nethope Inc has a Mission Score of 80/100. Revenue: $6.5M. Assets: $14.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nethope Inc?
The Employer Identification Number (EIN) for Nethope Inc is 201782011. 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 Nethope Inc spend its money?
Nethope Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nethope Inc's tax-exempt status?
You can verify Nethope Inc's tax-exempt status using EIN 201782011 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
Nethope Inc. demonstrates a fluctuating financial landscape over the past decade, with significant swings in revenue and expenses. For instance, revenue jumped from $4.46 million in 2021 to $19.49 million in 2022, only to drop to $4.07 million in 2023. Despite these fluctuations, the organization consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. The organization's assets have grown substantially, from $2.87 million in 2014 to $17.44 million in 2023, suggesting effective asset management despite periods of operating deficits. However, the consistent reporting of 0% officer compensation across all filings raises questions about how executive leadership is compensated, or if these roles are entirely volunteer-based, which would be highly unusual for an organization of this size and revenue. Further clarification on this aspect would enhance transparency.