Quick charity verification for New Hope For Children (EIN: 20491267)
Verdict: New Hope For Children has notable concerns
35/100Mission Score
$157KRevenue
$87KAssets
4Red Flags
2Strengths
Red Flags
Consistent operating deficits (e.g., $163,593 revenue vs. $296,170 expenses in 2023).
Rapidly increasing liabilities ($22,175 in 2019 to $431,411 in 2023).
Liabilities significantly exceed assets ($431,411 liabilities vs. $65,446 assets in 2023).
Negative net assets in recent years, indicating insolvency.
Strengths
0% officer compensation reported across all available filings, indicating no executive salaries.
Long filing history (12 filings), suggesting consistent reporting.
Spending Breakdown
How New Hope For Children allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
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 New Hope For Children
Is New Hope For Children a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hope For Children (EIN: 20491267) has notable concerns. Mission Score: 35/100. 4 red flags identified, 2 strengths noted.
Is New Hope For Children a good charity to donate to?
New Hope For Children has a Mission Score of 35/100. Revenue: $157K. Assets: $87K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Hope For Children?
The Employer Identification Number (EIN) for New Hope For Children is 20491267. 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 New Hope For Children spend its money?
New Hope For Children allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Hope For Children's tax-exempt status?
You can verify New Hope For Children's tax-exempt status using EIN 20491267 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
New Hope For Children exhibits concerning financial trends over recent years. In 2023, the organization reported expenses of $296,170 against revenues of $163,593, indicating a significant operating deficit. This pattern of expenses consistently exceeding revenue is evident in multiple recent filings, such as 2022 ($292,463 expenses vs. $161,213 revenue) and 2021 ($278,110 expenses vs. $256,970 revenue). This sustained deficit spending has led to a substantial increase in liabilities, reaching $431,411 in 2023, far outweighing its assets of $65,446.
The organization's financial health appears precarious, with liabilities growing dramatically from $22,175 in 2019 to over $400,000 in recent years. While officer compensation has consistently been reported as 0%, which is a positive for donor confidence in executive pay, the overall financial instability raises questions about the long-term sustainability and impact of its programs. The lack of detailed expense breakdowns in the provided data makes it difficult to assess spending efficiency beyond the top-line figures, but the consistent operating losses are a major concern.