Quick charity verification for New Hope Etc (EIN: 113753074)
Verdict: New Hope Etc shows mixed signals
55/100Mission Score
$725KRevenue
$74KAssets
3Red Flags
3Strengths
Red Flags
Inconsistent revenue reporting between summary and detailed filings.
Significant and unexplained fluctuation in reported assets.
Lack of detailed expense breakdown (program, admin, fundraising) in provided data.
Strengths
Consistently reports 0% officer compensation, indicating a commitment to minimizing executive overhead.
Maintains $0 liabilities in recent filings, suggesting good debt management.
Demonstrated growth in revenue and assets between 2011 and 2023, indicating increased operational scale.
Spending Breakdown
How New Hope Etc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
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 New Hope Etc
Is New Hope Etc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hope Etc (EIN: 113753074) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 3 strengths noted.
Is New Hope Etc a good charity to donate to?
New Hope Etc has a Mission Score of 55/100. Revenue: $725K. Assets: $74K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Hope Etc?
The Employer Identification Number (EIN) for New Hope Etc is 113753074. 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 New Hope Etc spend its money?
New Hope Etc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Hope Etc's tax-exempt status?
You can verify New Hope Etc's tax-exempt status using EIN 113753074 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
New Hope Etc demonstrates a concerning lack of recent financial transparency, with the latest provided revenue figure of $724,948 not aligning with the most recent detailed filing (202312) which reported $434,523. This discrepancy makes a precise assessment challenging. However, based on the 202312 filing, the organization appears to be operating near break-even, with expenses of $430,872 against revenues of $434,523, indicating a tight financial margin. The significant fluctuation in assets from $4,285 in 2011 to $327,669 in 2023, followed by a reported $74,001 in the latest overview, also raises questions about asset management and reporting consistency.
The organization's spending efficiency cannot be fully determined without a detailed breakdown of expenses beyond total figures. The consistent reporting of 0% officer compensation across all available filings is a positive indicator regarding executive pay. However, the absence of detailed program, administrative, and fundraising expense breakdowns in the provided data prevents a thorough evaluation of how efficiently funds are being allocated to its mission. The NTEE code P50 (Religious Activities) suggests a focus on religious programming, but without further detail, it's difficult to assess program effectiveness.
Overall, while the organization appears to manage its liabilities well (reporting $0 in 202312), the inconsistencies in reported revenue figures and the lack of granular expense data are significant barriers to a comprehensive financial health and transparency assessment. The substantial growth in revenue and assets between 2011 and 2023 suggests increased activity, but the recent asset decline from $327,669 to $74,001 warrants further investigation.