Is Hope Online Learning Academy Co Op…

Quick charity verification for Hope Online Learning Academy Co Op (EIN: 201858456)

Red Flags

Frequent operational deficits, with expenses exceeding revenues in 7 of the last 10 periods.
High and persistent liabilities, significantly outweighing assets (e.g., $12,598,576 liabilities vs. $4,575,653 assets in 202306).
Unusually low asset base relative to annual revenue and liabilities, indicating limited financial reserves.
Consistent reporting of 0% officer compensation for an organization of this scale, which warrants further investigation into leadership compensation structures.

Spending Breakdown

How Hope Online Learning Academy Co Op allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Online Learning Academy Co Op

Is Hope Online Learning Academy Co Op a legitimate charity?

Based on AI analysis of IRS 990 filings, Hope Online Learning Academy Co Op (EIN: 201858456) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.

Is Hope Online Learning Academy Co Op a good charity to donate to?

Hope Online Learning Academy Co Op has a Mission Score of 65/100. Revenue: $17.4M. Assets: $4.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Hope Online Learning Academy Co Op?

The Employer Identification Number (EIN) for Hope Online Learning Academy Co Op is 201858456. 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 Online Learning Academy Co Op spend its money?

Hope Online Learning Academy Co Op allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Hope Online Learning Academy Co Op's tax-exempt status?

You can verify Hope Online Learning Academy Co Op's tax-exempt status using EIN 201858456 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 Online Learning Academy Co Op demonstrates a consistent operational scale, with revenues generally fluctuating between $17 million and $21 million over the past decade. The organization has frequently operated with expenses exceeding revenues, as seen in 7 out of the last 10 reported periods, including the most recent 202306 period where expenses of $19,821,765 surpassed revenues of $19,176,553. This pattern of deficit spending, particularly notable in 201806 where expenses were $26,614,933 against revenues of $18,742,956, has led to a significant accumulation of liabilities, reaching $12,598,576 in 202306. While the organization's assets have shown some growth, they remain considerably lower than its liabilities, indicating a potentially precarious financial position.

The consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing administrative overhead in this specific area, which is a positive indicator for donor confidence regarding executive pay. However, the recurring deficits and high liabilities warrant closer examination of overall spending efficiency and long-term financial sustainability. The organization's transparency in filing its IRS 990s consistently over 13 periods is commendable, providing a clear historical record for analysis.

Is Hope Online Learning Academy Co Op Legit?

Verdict: Hope Online Learning Academy Co Op shows mixed signals