Quick charity verification for Robert S Hicks Scholarships Inc (EIN: 20493361)
Verdict: Robert S Hicks Scholarships Inc appears trustworthy
95/100Mission Score
$23KRevenue
$187KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth (from $168,384 in 2014 to $195,220 in 2023)
Zero reported liabilities across all filings
No officer compensation reported, indicating a volunteer-driven model and high efficiency
Expenses consistently low relative to revenue (e.g., $1,516 expenses vs. $5,069 revenue in 2023)
Strong financial stability and long-term sustainability
Spending Breakdown
How Robert S Hicks Scholarships 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 Robert S Hicks Scholarships Inc
Is Robert S Hicks Scholarships Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Robert S Hicks Scholarships Inc (EIN: 20493361) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Robert S Hicks Scholarships Inc a good charity to donate to?
Robert S Hicks Scholarships Inc has a Mission Score of 95/100. Revenue: $23K. Assets: $187K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Robert S Hicks Scholarships Inc?
The Employer Identification Number (EIN) for Robert S Hicks Scholarships Inc is 20493361. 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 Robert S Hicks Scholarships Inc spend its money?
Robert S Hicks Scholarships Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Robert S Hicks Scholarships Inc's tax-exempt status?
You can verify Robert S Hicks Scholarships Inc's tax-exempt status using EIN 20493361 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
Robert S Hicks Scholarships Inc appears to be a financially stable organization focused on its mission of providing scholarships. Over the past decade, its assets have shown consistent growth, from $168,384 in 2014 to $195,220 in 2023, indicating sound financial management and accumulation of resources. The organization consistently reports zero liabilities, which is a strong indicator of financial health and low risk. Its expenses are generally low relative to its revenue, suggesting efficient operations. For instance, in 2023, expenses were $1,516 against $5,069 in revenue, demonstrating a significant portion of revenue is retained or used for program services.
The organization's spending efficiency is commendable, particularly given its small scale. With no reported officer compensation across all filings, it suggests a volunteer-driven model, which significantly reduces administrative overhead. This allows a greater proportion of its funds to be directed towards its program services, which, based on its NTEE code (B82 - Scholarships, Student Financial Aid), would be direct scholarship awards. The consistent growth in assets, coupled with low expenses and no liabilities, paints a picture of a well-managed and fiscally responsible entity.
Transparency is high, as evidenced by the consistent filing of IRS Form 990s over 13 periods and the clear reporting of financial metrics. The absence of officer compensation further enhances its transparency and trustworthiness, as it indicates that the organization's resources are not being diverted to high executive salaries. Overall, Robert S Hicks Scholarships Inc demonstrates strong financial health, high spending efficiency due to its volunteer model, and excellent transparency through its consistent public filings.