AI Transparency Report
Mission Of Hope demonstrates generally sound financial health, with total assets of $27,718,121 and latest reported revenue of $25,855,675. The organization has consistently maintained a positive net asset position over the past decade, indicating financial stability. While revenue has fluctuated significantly year-to-year, from a high of $45,707,401 in 2017 to a low of $23,792,394 in 2023, expenses have generally tracked revenue, suggesting a responsive operational model. The organization's liabilities have remained relatively low compared to its assets, further reinforcing its financial stability.
Spending efficiency appears strong, with a significant portion of expenses likely directed towards program services, given the consistent reporting of 0% officer compensation across all available filings. This suggests that a high percentage of donor contributions are directly applied to the mission rather than executive overhead. The organization's NTEE code X21 (International, Foreign Affairs, and National Security) aligns with its name, suggesting a clear program focus.
Transparency is commendable, particularly with the consistent disclosure of zero officer compensation, which is a strong indicator of a volunteer-led or very lean executive structure. The availability of 11 years of filing history also contributes to transparency, allowing for a comprehensive review of financial trends and performance. The organization's consistent positive net assets and controlled liabilities further enhance its transparent financial management.