A Doorway To Hope
EIN: 273695408 · Cary, NC · NTEE: P60
| Metric | Value |
|---|---|
| Total Revenue | $633K |
| Total Expenses | $331K |
| Net Assets | $477K |
Is A Doorway To Hope Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About A Doorway To Hope
A Doorway To Hope (EIN: 273695408) is a nonprofit organization based in Cary, NC, classified under NTEE code P60. The organization reported total revenue of $633K and total assets of $556K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of A Doorway To Hope's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
A Doorway To Hope is a small nonprofit that has been operating for 15 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 62.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $531K |
| Total Expenses | $331K |
| Surplus / Deficit | +$200K |
| Total Assets | $480K |
| Total Liabilities | $3K |
| Net Assets | $477K |
| Operating Margin | 37.6% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 17.4 months |
Financial Health Grade: A
In 2023, A Doorway To Hope reported a surplus of $200K with revenue exceeding expenses, holds 17.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), A Doorway To Hope's revenue has grown at a compound annual growth rate (CAGR) of 62.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +238.7% | +74.0% | +72.9% |
| 2022 | -31.1% | +249.8% | -10.8% |
| 2021 | +232.7% | +48.8% | +125.4% |
| 2020 | -35.2% | -21.5% | +30.3% |
| 2019 | +124.7% | +20.3% | +129.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for A Doorway To Hope has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates A Doorway To Hope with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $200K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Frequently Asked Questions about A Doorway To Hope
Is A Doorway To Hope a legitimate charity?
A Doorway To Hope (EIN: 273695408) is a registered tax-exempt nonprofit based in North Carolina. It has 6 years of IRS 990 filings on record. Total revenue: $633K. No red flags identified. Financial health grade: A.
How does A Doorway To Hope spend its money?
A Doorway To Hope reported $633K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to A Doorway To Hope tax-deductible?
A Doorway To Hope is registered as a tax-exempt nonprofit (EIN: 273695408). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is A Doorway To Hope located?
A Doorway To Hope is headquartered in Cary, North Carolina and files with the IRS under EIN 273695408. It is classified under NTEE code P60.
How many years of IRS 990 filings does A Doorway To Hope have?
A Doorway To Hope has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $633K in total revenue.
Filing History
IRS 990 filing history for A Doorway To Hope showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), A Doorway To Hope's revenue has grown by 1030.3%, moving from $47K to $531K. Total assets increased by 941% over the same period, from $46K to $480K. Total functional expenses rose by 755.6%, from $39K to $331K. In its most recent filing year (2023), A Doorway To Hope reported a surplus of $200K, with revenue exceeding expenses. The organization holds $3K in liabilities against $480K in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $477K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $531K | $331K | $480K | $3K | — | View 990 |
| 2022 | $157K | $190K | $277K | $0 | — | — |
| 2021 | $227K | $54K | $311K | $0 | — | View 990 |
| 2020 | $68K | $37K | $138K | $0 | — | View 990 |
| 2019 | $106K | $47K | $106K | $0 | — | View 990 |
| 2018 | $47K | $39K | $46K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $531K, expenses of $331K, and assets of $480K (revenue +238.7% year-over-year).
- 2022: Revenue of $157K, expenses of $190K, and assets of $277K (revenue -31.1% year-over-year).
- 2021: Revenue of $227K, expenses of $54K, and assets of $311K (revenue +232.7% year-over-year).
- 2020: Revenue of $68K, expenses of $37K, and assets of $138K (revenue -35.2% year-over-year).
- 2019: Revenue of $106K, expenses of $47K, and assets of $106K (revenue +124.7% year-over-year).
- 2018: Revenue of $47K, expenses of $39K, and assets of $46K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for A Doorway To Hope:
Data Sources and Methodology
This transparency report for A Doorway To Hope is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.