Quick charity verification for Seven Helping Hands Foundation (EIN: 204044292)
Verdict: Seven Helping Hands Foundation shows mixed signals
45/100Mission Score
$24KRevenue
$34KAssets
3Red Flags
2Strengths
Red Flags
Significant operating deficit in the latest fiscal year ($68,000 in 202312).
Volatile expense patterns across different years (e.g., $250 in 2020 vs. $92,000 in 2023).
Declining assets from $101,782 in 2022 to $33,782 in 2023, indicating asset depletion.
Strengths
Consistent reporting of 0% officer compensation, indicating no executive pay.
Low liabilities across all reported periods, suggesting minimal debt.
Spending Breakdown
How Seven Helping Hands Foundation allocates its funds across programs, administration, and fundraising.
50%
Program Spending
Below average — room for improvement
40%
Admin Costs
High — over 25% on administration
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 Seven Helping Hands Foundation
Is Seven Helping Hands Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Seven Helping Hands Foundation (EIN: 204044292) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
Is Seven Helping Hands Foundation a good charity to donate to?
Seven Helping Hands Foundation has a Mission Score of 45/100. Revenue: $24K. Assets: $34K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Seven Helping Hands Foundation?
The Employer Identification Number (EIN) for Seven Helping Hands Foundation is 204044292. 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 Seven Helping Hands Foundation spend its money?
Seven Helping Hands Foundation allocates 50% to programs, 40% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Seven Helping Hands Foundation's tax-exempt status?
You can verify Seven Helping Hands Foundation's tax-exempt status using EIN 204044292 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
Seven Helping Hands Foundation exhibits concerning financial trends based on its IRS 990 filings. In the latest period (202312), the organization reported revenue of $24,000 but incurred expenses of $92,000, indicating a significant operating deficit of $68,000. This follows a pattern of inconsistent financial management, as seen in 202212 where revenue was $24,000 against expenses of $5,000, and 202012 with $25,000 revenue and only $250 in expenses. The substantial increase in expenses in the latest period without a corresponding increase in revenue raises questions about the sustainability of its operations and the allocation of funds. While the organization consistently reports zero officer compensation, which is a positive for donor confidence regarding executive pay, the overall financial health appears volatile and potentially unsustainable given the recent deficit.