Is The Committee For Hispanic Children And Families Inc Legit?
Quick charity verification for The Committee For Hispanic Children And Families Inc (EIN: 112622003)
Verdict: The Committee For Hispanic Children And Families Inc appears trustworthy
85/100Mission Score
$10.5MRevenue
$9.7MAssets
2Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which is atypical for an organization of this scale and warrants further investigation.
Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided summary data, hindering a complete efficiency analysis.
Strengths
Consistent and significant revenue growth, from $4,375,214 in 2016 to $11,140,985 in 2023.
Strong asset accumulation, increasing from $1,847,239 in 2015 to $9,612,374 in 2023, indicating financial stability and capacity.
Positive net income in most recent years, demonstrating effective expense management relative to revenue.
Healthy asset-to-liability ratio, with assets significantly exceeding liabilities (e.g., $9,612,374 assets vs. $3,704,802 liabilities in 2023).
Spending Breakdown
How The Committee For Hispanic Children And Families Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 The Committee For Hispanic Children And Families Inc
Is The Committee For Hispanic Children And Families Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Committee For Hispanic Children And Families Inc (EIN: 112622003) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is The Committee For Hispanic Children And Families Inc a good charity to donate to?
The Committee For Hispanic Children And Families Inc has a Mission Score of 85/100. Revenue: $10.5M. Assets: $9.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Committee For Hispanic Children And Families Inc?
The Employer Identification Number (EIN) for The Committee For Hispanic Children And Families Inc is 112622003. 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 The Committee For Hispanic Children And Families Inc spend its money?
The Committee For Hispanic Children And Families Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Committee For Hispanic Children And Families Inc's tax-exempt status?
You can verify The Committee For Hispanic Children And Families Inc's tax-exempt status using EIN 112622003 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
The Committee For Hispanic Children And Families Inc demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past decade, culminating in $11,140,985 in the 202309 period. The organization has also shown a strong ability to manage expenses, with a positive net income in most recent years, contributing to a substantial increase in assets from $1,847,239 in 2015 to $9,612,374 in 2023. This growth in assets, alongside a manageable liabilities-to-assets ratio (e.g., $3,704,802 liabilities against $9,612,374 assets in 2023), indicates sound financial management and increasing capacity.
Spending efficiency appears robust, as evidenced by the consistent positive difference between revenue and expenses. While specific program, administrative, and fundraising expense breakdowns are not provided in the raw data, the overall financial health suggests that the organization is effectively utilizing its resources. The absence of reported officer compensation across all filings is a notable point regarding transparency, as it could indicate either a volunteer-led executive team or that compensation is reported under other expense categories, which would warrant further investigation for complete clarity.
Overall, the organization exhibits strong financial growth and asset accumulation, suggesting a well-managed and expanding operation. The consistent positive financial performance across multiple years, particularly the significant increase in assets, points to a stable and growing nonprofit. Further detail on functional expense allocation would enhance the assessment of spending efficiency and program impact.