Nonprofit screen
Screen a listHosea Initiative Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$167krevenue
FY2024 · +106% in 3 yrs8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−11.8%
Months of reserve2.4mo
Revenue growth (annualized)+16.4%
Middle half of peersMedianHosea Initiative
Where the money goes FY2024 · $187k spent
Programs$29k16%Management and general$87k47%Fundraising$70k38%990 FY2024 · Part IX line 25
Worth checking2
Its largest funder stopped after FY2021
Katherine W Monroe & Douglas D Monroe Jr gave about $13k a year for three years, 12% of revenue in FY2021.
Funders’ 990-PF grant listsDeficits in 3 of the last 3 years
−$4k in FY2022, −$10k in FY2023 and −$20k in FY2024. Cash covers 2.4 months, under the peer median of 6.9.
990 Part I and balance sheetIn its favor1
Growing faster than peers
Revenue up 16% a year since FY2017, faster than half of similar nonprofits.
990 Part I · peer cohort11funders
$7ka year, last 3 years
50%from its largest funder
Funder’18’19’20’21’22’23Katherine W Monroe & Douglas D Monroe JrOn and off$10k$20k$10kDelmarva Education AssociationOn and off$8kThe Washington Times Foundation IncOn and off$2kKoehr Family FoundationOn and off$100Donor-advised giftsDonors not disclosed$5k$35k$12$10k$19
FundedThrough a donor-advised fund