Is Village Of Hope Inc Legit?

Quick charity verification for Village Of Hope Inc (EIN: 205869811)

Verdict: Village Of Hope Inc appears trustworthy

75/100Mission Score
$149KRevenue
$829KAssets
3Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Village Of Hope Inc demonstrates a consistent operational deficit, with expenses regularly exceeding revenue. For instance, in the 202406 period, expenses were $178,969 against revenues of $128,291, indicating a shortfall of over $50,000. This trend is visible across all reported periods, suggesting a reliance on existing assets or other non-operating income to cover costs. While the organization's assets have been steadily declining over the past decade, from over $1.2 million in 2015 to $863,520 in 2024, liabilities remain relatively low and stable, which is a positive sign regarding debt management. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to directing funds towards the mission rather than executive salaries, enhancing transparency and public trust. However, the sustained deficit spending raises questions about long-term financial sustainability if revenue generation does not improve.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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