Substantial growth in assets from $227,158 in 2019 to $8,867,086 in 2023, providing a strong financial base.
Long filing history (13 filings), suggesting consistent compliance with IRS reporting requirements.
Spending Breakdown
How Hope Partnership Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Partnership Inc
Is Hope Partnership Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hope Partnership Inc (EIN: 201683627) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Hope Partnership Inc a good charity to donate to?
Hope Partnership Inc has a Mission Score of 65/100. Revenue: $744K. Assets: $8.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Hope Partnership Inc?
The Employer Identification Number (EIN) for Hope Partnership Inc is 201683627. 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 Partnership Inc spend its money?
Hope Partnership Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Hope Partnership Inc's tax-exempt status?
You can verify Hope Partnership Inc's tax-exempt status using EIN 201683627 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 Partnership Inc. demonstrates a mixed financial picture with significant fluctuations in revenue and expenses over the past several years. While the organization reported zero officer compensation across all available filings, indicating good transparency regarding executive pay, its financial stability appears inconsistent. For instance, in 2023, expenses ($739,698) significantly outstripped revenue ($564,918), leading to a deficit. This trend of expenses exceeding revenue is also visible in 2022 and 2019, suggesting potential reliance on reserves or other funding sources. However, a notable anomaly occurred in 2021, with revenue soaring to $4,716,601 against expenses of only $256,054, which dramatically boosted assets. This single event heavily skews the overall financial trajectory and warrants further investigation to understand its nature and sustainability. The organization's assets have grown substantially from $227,158 in 2019 to $8,867,086 in 2023, largely due to the 2021 revenue spike, but liabilities have also shown considerable variability, peaking at $4,897,128 in 2022.