Quick charity verification for The Hyde Foundation (EIN: 223026440)
Verdict: The Hyde Foundation shows mixed signals
45/100Mission Score
$135KRevenue
$191KAssets
4Red Flags
2Strengths
Red Flags
Significant decline in revenue from $502,152 in 2019 to $135,000 in the most recent filing, raising sustainability concerns.
Inconsistent spending patterns, with expenses exceeding revenue in multiple years (e.g., 2019: $545,475 expenses vs. $502,152 revenue; 2018: $592,964 expenses vs. $373,846 revenue).
Lack of clear information regarding the nature of 'programs' and their impact, making it difficult to assess effectiveness.
The 'nt' (nonprofit type) field is missing, which is crucial for understanding the organization's mission and operational context.
Strengths
Consistent reporting of 0% executive compensation across all available years.
Maintains a positive asset balance, though it has fluctuated significantly over the years.
AI Transparency Report
The Hyde Foundation is a unknown nonprofit based in Bath, Maine, with reported revenue of $135K and assets of $191K. Our AI analysis assigns a Mission Score of 45/100 (Fair). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. • Financial filings are available, but detailed program descriptions are not readily accessible.
• The organization's website (if any) is not provided, hindering direct access to mission and impact reports.
• Specific details on how program expenses translate into tangible outcomes are not clear from the provided data. Executive compensation is reported as 0% in all available filings, suggesting either a volunteer-led organization or compensation is not reported in a standard manner. Revenue has declined -56% across 10 filing periods.