Quick charity verification for New Hope Mission Society Inc (EIN: 203572221)
Verdict: New Hope Mission Society Inc appears trustworthy
85/100Mission Score
$122KRevenue
$88KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent IRS 990 filing history (13 filings)
No reported officer compensation across all filings, indicating volunteer leadership
Stable asset base relative to its size, with $82,572 in 202312
Very low to zero liabilities, demonstrating strong financial health
Expenses consistently align closely with revenue, suggesting efficient use of funds for its mission
Spending Breakdown
How New Hope Mission Society Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Mission Society Inc
Is New Hope Mission Society Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hope Mission Society Inc (EIN: 203572221) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
Is New Hope Mission Society Inc a good charity to donate to?
New Hope Mission Society Inc has a Mission Score of 85/100. Revenue: $122K. Assets: $88K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Hope Mission Society Inc?
The Employer Identification Number (EIN) for New Hope Mission Society Inc is 203572221. 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 Mission Society Inc spend its money?
New Hope Mission Society Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Hope Mission Society Inc's tax-exempt status?
You can verify New Hope Mission Society Inc's tax-exempt status using EIN 203572221 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 Mission Society Inc demonstrates consistent financial activity over the past decade, with annual revenues generally fluctuating between $80,000 and $150,000. In the latest filing (202312), the organization reported revenues of $129,013 against expenses of $128,425, indicating a near break-even operation. The organization's assets have remained relatively stable, with $82,572 reported in 202312, and liabilities have been consistently low or zero, suggesting good financial management and no significant debt burden.
The organization's spending efficiency appears reasonable given its size. With no officer compensation reported across all available filings, it suggests a volunteer-driven leadership, which can significantly reduce administrative overhead. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency is challenging. The consistent operational expenses close to revenue figures indicate that most funds are being utilized annually for its mission.
Transparency is generally good, as evidenced by 13 years of consistent IRS 990 filings. The absence of officer compensation is a positive indicator of resource allocation directly to mission-related activities. To further enhance transparency, a more detailed public breakdown of how expenses are categorized (program vs. administrative vs. fundraising) would be beneficial for donors.