Quick charity verification for Open Hands Foundation (EIN: 200456778)
Verdict: Open Hands Foundation appears trustworthy
85/100Mission Score
$664KRevenue
$607KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation across all filings, indicating high program focus.
Strong and consistent revenue growth over the past several years, from $246,232 in 2015 to $664,111 currently.
Significant growth in assets, from $78,799 in 2017 to $606,837 currently, enhancing financial stability.
Positive net assets (Assets exceeding Liabilities) in recent years, demonstrating financial health.
AI Transparency Report
Open Hands Foundation demonstrates a generally healthy financial trajectory, with recent revenue growth to $664,111 and assets increasing to $606,837. The organization has consistently reported 0% officer compensation across all eight available filings, indicating a strong commitment to directing funds towards its mission rather than executive salaries. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the consistent growth in assets and revenue suggests effective financial management. The organization's liabilities have fluctuated but appear manageable relative to its asset base, with the latest reported liabilities at $52,422 against assets of $529,008 in 2022.