Is Hope Honoring Opportunities For Personal Empowerment Legit?
Quick charity verification for Hope Honoring Opportunities For Personal Empowerment (EIN: 201063694)
Verdict: Hope Honoring Opportunities For Personal Empowerment appears trustworthy
92/100Mission Score
$1.4MRevenue
$760KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth from $791,041 in 2015 to $1,262,395 in 2024.
0% officer compensation reported across all filings, indicating high efficiency.
Strong program spending ratio, directing the vast majority of expenses to mission-related activities.
Healthy asset growth, from $193,860 in 2015 to $565,965 in 2024, outpacing liabilities.
Regular and consistent IRS 990 filing history, demonstrating transparency and compliance.
Spending Breakdown
How Hope Honoring Opportunities For Personal Empowerment 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 Hope Honoring Opportunities For Personal Empowerment
Is Hope Honoring Opportunities For Personal Empowerment a legitimate charity?
Based on AI analysis of IRS 990 filings, Hope Honoring Opportunities For Personal Empowerment (EIN: 201063694) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Hope Honoring Opportunities For Personal Empowerment a good charity to donate to?
Hope Honoring Opportunities For Personal Empowerment has a Mission Score of 92/100. Revenue: $1.4M. Assets: $760K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hope Honoring Opportunities For Personal Empowerment?
The Employer Identification Number (EIN) for Hope Honoring Opportunities For Personal Empowerment is 201063694. 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 Hope Honoring Opportunities For Personal Empowerment spend its money?
Hope Honoring Opportunities For Personal Empowerment allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hope Honoring Opportunities For Personal Empowerment's tax-exempt status?
You can verify Hope Honoring Opportunities For Personal Empowerment's tax-exempt status using EIN 201063694 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
Hope Honoring Opportunities For Personal Empowerment (HOPE) demonstrates consistent financial growth and strong program spending based on its IRS 990 filings. Over the past decade, the organization's revenue has steadily increased from $791,041 in 2015 to $1,262,395 in 2024, indicating growing support and operational capacity. The organization consistently spends a high percentage of its expenses on program services, with administrative and fundraising costs remaining relatively low. For instance, in 2024, with expenses of $1,206,634, the majority was directed towards its mission.
HOPE's financial health appears stable, with assets growing from $193,860 in 2015 to $565,965 in 2024, outpacing liabilities. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice, combined with regular annual filings, suggests a well-managed and accountable organization.