Is Simchas Esther Hachnosas Kallah Fund Inc Legit?
Quick charity verification for Simchas Esther Hachnosas Kallah Fund Inc (EIN: 200762915)
Verdict: Simchas Esther Hachnosas Kallah Fund Inc appears trustworthy
85/100Mission Score
$349KRevenue
$370KAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in 2023, resulting in a net loss for the year.
Strengths
Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
Significant growth in assets over the past decade, from $116,958 in 2014 to $463,909 in 2023.
Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Clear mission focus as indicated by NTEE code T30 (Jewish federated giving programs).
Spending Breakdown
How Simchas Esther Hachnosas Kallah Fund Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
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 Simchas Esther Hachnosas Kallah Fund Inc
Is Simchas Esther Hachnosas Kallah Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Simchas Esther Hachnosas Kallah Fund Inc (EIN: 200762915) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Simchas Esther Hachnosas Kallah Fund Inc a good charity to donate to?
Simchas Esther Hachnosas Kallah Fund Inc has a Mission Score of 85/100. Revenue: $349K. Assets: $370K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Simchas Esther Hachnosas Kallah Fund Inc?
The Employer Identification Number (EIN) for Simchas Esther Hachnosas Kallah Fund Inc is 200762915. 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 Simchas Esther Hachnosas Kallah Fund Inc spend its money?
Simchas Esther Hachnosas Kallah Fund Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Simchas Esther Hachnosas Kallah Fund Inc's tax-exempt status?
You can verify Simchas Esther Hachnosas Kallah Fund Inc's tax-exempt status using EIN 200762915 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
Simchas Esther Hachnosas Kallah Fund Inc demonstrates a generally stable financial position, with assets growing from $116,958 in 2014 to $463,909 in 2023, indicating prudent financial management over the long term. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer-driven leadership and efficient use of donor funds for its mission. While revenue has fluctuated, peaking at $345,190 in 2022 and then decreasing to $249,729 in 2023, the organization has managed its expenses, though 2023 saw expenses ($286,887) exceed revenue, resulting in a net loss for that year. This recent trend warrants monitoring to ensure long-term sustainability.
The organization's NTEE code T30 suggests a focus on Jewish federated giving programs, which implies a clear program area. The consistent reporting of zero officer compensation enhances its transparency and suggests a high proportion of funds are directed towards its charitable purpose. However, without detailed expense breakdowns beyond the summary data, it's challenging to precisely determine the exact percentage allocated to programs versus administrative or fundraising costs. The overall financial health appears sound, but the 2023 deficit is a point of attention.
Given the available data, Simchas Esther Hachnosas Kallah Fund Inc appears to be a well-managed, volunteer-led organization with a clear mission. Its consistent growth in assets over a decade, coupled with zero executive compensation, speaks to a commitment to its cause and efficient resource allocation. The recent dip in revenue and corresponding deficit in 2023 should be observed in future filings to confirm it's an anomaly rather than a trend.