Quick charity verification for The Heliker La Hotan Foundation Inc (EIN: 137262537)
Verdict: The Heliker La Hotan Foundation Inc shows mixed signals
55/100Mission Score
$37KRevenue
$1.6MAssets
4Red Flags
2Strengths
Red Flags
Consistent operating deficits (e.g., 2023: $25,554 revenue vs. $37,071 expenses)
Significant and continuous decline in total assets over the past decade (from $3.1M in 2011 to $1.6M in 2023)
Reliance on asset draw-down to cover operational expenses
Unusually low revenue in some years (e.g., $1 in 2022)
Strengths
No reported officer compensation, indicating efficient use of funds at the executive level
Relatively low liabilities compared to assets, suggesting good debt management
Spending Breakdown
How The Heliker La Hotan Foundation Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
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 The Heliker La Hotan Foundation Inc
Is The Heliker La Hotan Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Heliker La Hotan Foundation Inc (EIN: 137262537) shows mixed signals. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.
Is The Heliker La Hotan Foundation Inc a good charity to donate to?
The Heliker La Hotan Foundation Inc has a Mission Score of 55/100. Revenue: $37K. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Heliker La Hotan Foundation Inc?
The Employer Identification Number (EIN) for The Heliker La Hotan Foundation Inc is 137262537. 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 Heliker La Hotan Foundation Inc spend its money?
The Heliker La Hotan Foundation Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Heliker La Hotan Foundation Inc's tax-exempt status?
You can verify The Heliker La Hotan Foundation Inc's tax-exempt status using EIN 137262537 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 Heliker La Hotan Foundation Inc exhibits a concerning trend of consistent operating deficits, with expenses frequently exceeding revenue. For example, in 2023, expenses were $37,071 against revenue of $25,554, and in 2022, expenses were $44,370 with only $1 in revenue. This pattern suggests reliance on its substantial asset base, which has been steadily declining over the past decade, from $3,164,803 in 2011 to $1,604,653 in 2023. While the organization does not report any officer compensation, which is a positive for transparency regarding executive pay, the overall financial sustainability is questionable given the consistent draw-down of assets to cover operational costs. The significant revenue spike in 2020 ($666,752) appears to be an anomaly and did not reverse the long-term asset decline.
The foundation's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent net losses indicate that the organization is not generating sufficient income to cover its activities. The lack of reported officer compensation is a strong point for transparency in that specific area, but the broader financial picture raises questions about long-term viability and the effectiveness of its financial management in generating sustainable revenue.
Overall, while the absence of officer compensation is a positive transparency indicator, the foundation's financial health is concerning due to persistent operating deficits and a significant, continuous decline in assets. This trend suggests that the organization is spending down its endowment without a clear path to sustainable revenue generation, which could impact its ability to fulfill its mission in the long run.