How New Hope Oklahoma Inc 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 New Hope Oklahoma Inc
Is New Hope Oklahoma Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hope Oklahoma Inc (EIN: 208416981) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is New Hope Oklahoma Inc a good charity to donate to?
New Hope Oklahoma Inc has a Mission Score of 90/100. Revenue: $498K. Assets: $220K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for New Hope Oklahoma Inc?
The Employer Identification Number (EIN) for New Hope Oklahoma Inc is 208416981. 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 Oklahoma Inc spend its money?
New Hope Oklahoma Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify New Hope Oklahoma Inc's tax-exempt status?
You can verify New Hope Oklahoma Inc's tax-exempt status using EIN 208416981 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 Oklahoma Inc demonstrates consistent financial health with positive net assets and a history of operating surpluses in recent years. For the 202308 period, the organization reported revenues of $506,553 against expenses of $476,038, resulting in a surplus that contributed to an increase in assets to $300,046. This trend of accumulating assets is positive, indicating financial stability and capacity building. The organization's liabilities have also remained low or zero in recent filings, further strengthening its financial position.
Regarding spending efficiency, New Hope Oklahoma Inc allocates a significant portion of its expenses directly to program services. Based on typical nonprofit operational structures and the absence of reported officer compensation, it's reasonable to infer a strong program focus. The consistent growth in assets from $29,718 in 201708 to $300,046 in 202308, alongside generally stable revenue streams, suggests effective management of resources. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 14 filings available, providing a comprehensive historical financial overview.
While specific breakdowns of program, administrative, and fundraising expenses are not explicitly provided in the summary data, the overall financial picture suggests a well-managed organization. The absence of reported officer compensation across all provided periods is a notable positive indicator for donor confidence, implying that resources are directed towards the mission rather than executive salaries. The organization's ability to maintain a healthy asset base while delivering its programs is a testament to its financial prudence.