Maintained operations and asset base despite significant revenue fluctuations.
Consistent filing of IRS Form 990s, demonstrating transparency.
Spending Breakdown
How Voice Of Hope Ministries 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 Voice Of Hope Ministries Inc
Is Voice Of Hope Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Voice Of Hope Ministries Inc (EIN: 205474289) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Voice Of Hope Ministries Inc a good charity to donate to?
Voice Of Hope Ministries Inc has a Mission Score of 75/100. Revenue: $59K. Assets: $199K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Voice Of Hope Ministries Inc?
The Employer Identification Number (EIN) for Voice Of Hope Ministries Inc is 205474289. 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 Voice Of Hope Ministries Inc spend its money?
Voice Of Hope Ministries Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Voice Of Hope Ministries Inc's tax-exempt status?
You can verify Voice Of Hope Ministries Inc's tax-exempt status using EIN 205474289 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
Voice Of Hope Ministries Inc, based in Fayetteville, AR, appears to be a small but consistently operating nonprofit. Over the past decade, the organization has experienced a significant decline in revenue, from a peak of over $1 million in 2014 to $51,505 in 2023. Despite this, its assets have shown some growth in recent years, reaching $188,250 in 2023, which is a positive sign of financial stability relative to its current operational scale. The organization consistently reports 0% officer compensation, indicating a volunteer-led or very lean executive structure, which is a strong positive for donor confidence regarding administrative efficiency.
However, the financial health shows some volatility. In several recent years (2021, 2022), expenses exceeded revenue, leading to net losses. For instance, in 2022, expenses were $58,558 against revenues of $55,623. While the 2023 filing shows a positive net income ($51,505 revenue vs. $45,734 expenses), the overall trend of declining revenue and occasional operating deficits suggests a need for careful financial management and potentially a re-evaluation of fundraising strategies to ensure long-term sustainability. The organization's transparency is good given the consistent filing of IRS Form 990s, and the clear reporting of 0% officer compensation is a strong indicator of fiscal responsibility in that area.