Is Streets Hope Legit?

Spending Breakdown

How Streets Hope allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Streets Hope

Is Streets Hope a legitimate charity?

Based on AI analysis of IRS 990 filings, Streets Hope (EIN: 200326829) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 4 strengths noted.

Is Streets Hope a good charity to donate to?

Streets Hope has a Mission Score of 65/100. Revenue: $917K. Assets: $232K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Streets Hope?

The Employer Identification Number (EIN) for Streets Hope is 200326829. 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 Streets Hope spend its money?

Streets Hope allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Streets Hope's tax-exempt status?

You can verify Streets Hope's tax-exempt status using EIN 200326829 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

Streets Hope demonstrates a fluctuating financial picture over the past several years. While revenue has shown significant growth, particularly from $111,983 in 2019 to $938,186 in 2023, the organization has frequently operated with expenses exceeding revenue, as seen in 2023 ($968,920 expenses vs. $938,186 revenue) and 2021 ($511,623 expenses vs. $402,215 revenue). This trend of deficit spending, alongside a notable increase in liabilities in recent years (e.g., $198,782 in 2023 compared to $6,016 in 2020), suggests potential cash flow challenges or reliance on future funding. The organization's assets have also shown considerable volatility, dropping from $350,984 in 2021 to $33,641 in 2022 before recovering to $121,209 in 2023, which could indicate inconsistent financial management or significant capital expenditures/disposals.

Regarding spending efficiency, without detailed expense breakdowns from the provided data, it's challenging to precisely assess program vs. administrative vs. fundraising costs. However, the consistent reporting of 0% officer compensation across all filings is a positive indicator for resource allocation, suggesting that leadership is either unpaid or compensated through other means not classified as officer compensation, which can free up funds for mission-related activities. The overall growth in revenue and expenses points to an expanding operation, but the recurring deficits and increasing liabilities warrant closer scrutiny to ensure long-term sustainability.

Transparency appears to be adequate given the consistent filing of IRS Form 990s. The absence of reported officer compensation is a notable point, which could be interpreted positively as a commitment to direct program spending, or it could raise questions about how leadership is compensated if they are indeed full-time. Further details on the nature of their liabilities and the specific allocation of their expenses would provide a more complete picture of their financial health and operational efficiency.

Verdict: Streets Hope shows mixed signals

Red Flags

Strengths