Is Agape Hope Legit?

Agape Hope demonstrates consistent financial operations, with revenues and expenses generally in a similar range over the past decade. For instance, in 2023, the organization reported $261,200 in revenue against $286,610 in expenses, indicating a slight deficit. However, in 2022, it generated $337,777 in revenue with $294,039 in expenses, showing a surplus. The organization consistently reports zero liabilities across all available filings, which is a strong indicator of financial stability and low risk. Assets have shown growth over time, from $58,078 in 2015 to $137,861 in 2023, suggesting prudent management of resources. Regarding spending efficiency, the absence of reported officer compensation across all filings is a significant positive, indicating that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which can free up more funds for programmatic activities. While specific program spending ratios are not provided in the raw data, the consistent operational scale and lack of liabilities suggest a focus on mission delivery. The organization's transparency is high given its consistent filing history and the clear financial picture presented by its 990s. Overall, Agape Hope appears to be a financially stable and responsibly managed nonprofit. Its consistent operations, growth in assets, and lack of liabilities, coupled with no reported officer compensation, paint a picture of an organization dedicated to its mission with efficient use of donor funds. The slight operational deficits in some years are offset by surpluses in others, indicating a balanced long-term financial approach.