A Place Called Hope

A Place Called Hope consistently operates with high liabilities relative to assets despite over $1M in annual revenue.

EIN: 204199833 · Gig Harbor, WA · NTEE: P32 · Updated: 2026-03-28

$1.2MRevenue
$122KAssets
70/100Mission Score (Good)
P32
A Place Called Hope Financial Summary
MetricValue
Total Revenue$1.2M
Total Expenses$1.2M
Program Spending80%
Net Assets$-412,529
Transparency Score70/100

Search Intent Cockpit

A Place Called Hope Form 990, Revenue, CEO Pay, and IRS Filing Signals

A Place Called Hope is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around A Place Called Hope in one place.

Form 990 Filing Summary

9 filing years are available, with latest revenue of $1.1M and expenses of $1.2M.

Revenue and Expenses

A Place Called Hope reported $1.1M in revenue and $1.2M in expenses, a deficit of $68K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

70/100 mission score, 3 red flags, and 3 strengths are shown from structured and AI review.

Is A Place Called Hope Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
9Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

A Place Called Hope Expense Deployment
Program services$933K (80%)

Across stored filings, A Place Called Hope shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

A Place Called Hope Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade D9 stored filing years
Peer contextCompare with Okanogan Regional HumaneWashington and Human Services context

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A Place Called Hope directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About A Place Called Hope

A Place Called Hope (EIN: 204199833) is a nonprofit organization based in Gig Harbor, WA, classified under NTEE code P32. The organization reported total revenue of $1.2M and total assets of $122K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of A Place Called Hope's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
Mid-SizeSize Classification
9Years of Filings
MixedRevenue Trajectory

A Place Called Hope is a mid-size nonprofit that has been operating for 20 years, with 9 years of IRS 990 filings on record (2010–2018). Revenue has grown at a compound annual rate of -4.4%.

Key Financial Metrics (2018)

From the most recent IRS 990 filing on record:

Total Revenue$1.1M
Total Expenses$1.2M
Surplus / Deficit$-67,527
Total Assets$66K
Total Liabilities$478K
Net Assets$-412,529
Operating Margin-6.1%
Debt-to-Asset Ratio728.3%
Months of Reserves0.7 months

Financial Health Grade: D

In 2018, A Place Called Hope reported a deficit of $68K with expenses exceeding revenue, holds 0.7 months of operating reserves (limited), has a debt-to-asset ratio of 728.3% (high leverage).

Financial Trends

Over 9 years of filings (2010–2018), A Place Called Hope's revenue has declined at a compound annual growth rate (CAGR) of -4.4%.

YearRevenue ChangeExpense ChangeAsset Change
2018-2.6%+4.7%-51.2%
2017-3.8%+1.7%-9.4%
2016+22.7%+12.3%+70.9%
2015-1.6%+5.6%-4.7%
2014+10.1%-9.4%-0.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

A Place Called Hope demonstrates consistent operational activity with revenues generally exceeding $1 million annually. However, the organization has consistently operated with significant liabilities, often four to five times its total assets. For example, in 2018, assets were $65,656 while liabilities stood at $478,185. This indicates a reliance on debt or deferred revenue, which could pose long-term financial stability concerns if not managed effectively. The organization's transparency is bolstered by its consistent filing of IRS Form 990s over nine periods, and the reported 0% officer compensation across all filings suggests a volunteer-led or very lean executive structure, which can be a positive indicator of resource allocation towards mission. While the exact breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the consistent reporting of 0% officer compensation suggests a strong commitment to minimizing overhead in that specific area. The organization's financial health, despite consistent revenue, is overshadowed by its high liabilities relative to assets, which warrants closer examination of its balance sheet and funding model. Without detailed expense breakdowns, it's challenging to fully assess spending efficiency beyond the executive compensation aspect.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates A Place Called Hope with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, A Place Called Hope allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2018)

From the most recent IRS 990 filing on record:

$1.1MTotal Revenue
$1.2MTotal Expenses
$66KTotal Assets
$478KTotal Liabilities
$-412,529Net Assets
  • The organization reported a deficit of $68K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 728.3%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that officers are either unpaid volunteers or receive compensation below reporting thresholds, which is a positive sign for resource allocation.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of A Place Called Hope's IRS 990 filings:

  • Consistently high liabilities relative to assets (e.g., 2018: $478,185 liabilities vs. $65,656 assets).
  • Persistent negative net asset position across all reported periods.
  • Operating expenses frequently exceed revenue (e.g., 2018: $1,166,049 expenses vs. $1,098,522 revenue; 2011: $1,419,248 expenses vs. $1,212,828 revenue).

Strengths

The following positive indicators were identified for A Place Called Hope:

  • Consistent filing of IRS Form 990s, indicating transparency.
  • Reported 0% officer compensation across all filings, suggesting efficient use of funds for executive leadership.
  • Maintains over $1 million in annual revenue, demonstrating consistent donor or grant support.

Frequently Asked Questions about A Place Called Hope

Is A Place Called Hope a legitimate charity?

A Place Called Hope (EIN: 204199833) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 70/100. It has 9 years of IRS 990 filings on record. Total revenue: $1.2M. 3 red flags identified. 3 strengths noted. Financial health grade: D.

How does A Place Called Hope spend its money?

A Place Called Hope directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to A Place Called Hope tax-deductible?

A Place Called Hope is registered as a tax-exempt nonprofit (EIN: 204199833). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of A Place Called Hope's spending goes to programs?

A Place Called Hope directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does A Place Called Hope compare to similar nonprofits?

With a transparency score of 70/100 (Good), A Place Called Hope is above average for NTEE category P32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is A Place Called Hope located?

A Place Called Hope is headquartered in Gig Harbor, Washington and files with the IRS under EIN 204199833. It is classified under NTEE code P32.

How many years of IRS 990 filings does A Place Called Hope have?

A Place Called Hope has 9 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 $1.2M in total revenue.

Is A Place Called Hope financially stable given its high liabilities?

The organization consistently reports liabilities significantly higher than its assets (e.g., $478,185 liabilities vs. $65,656 assets in 2018). This structure suggests potential financial instability or a reliance on specific funding models that carry substantial debt or deferred obligations, warranting further investigation into the nature of these liabilities.

How does A Place Called Hope manage to operate with 0% officer compensation?

The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based or that compensation falls below the IRS reporting thresholds for officers, directors, and trustees. This indicates a strong commitment to minimizing administrative overhead in this area.

What is the trend in A Place Called Hope's net assets?

Net assets (Assets - Liabilities) have been consistently negative across all reported periods. For example, in 2018, net assets were -$412,529 ($65,656 - $478,185). This persistent negative net asset position is a significant financial concern.

Filing History

IRS 990 filing history for A Place Called Hope showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2010–2018), A Place Called Hope's revenue has declined by 30%, moving from $1.6M to $1.1M. Total assets decreased by 48.8% over the same period, from $128K to $66K. Total functional expenses fell by 25%, from $1.6M to $1.2M. In its most recent filing year (2018), A Place Called Hope reported a deficit of $68K, with expenses exceeding revenue. The organization holds $478K in liabilities against $66K in assets (debt-to-asset ratio: 728.3%), resulting in net assets of $-412,529.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2018 $1.1M $1.2M $66K $478K View 990
2017 $1.1M $1.1M $135K $480K
2016 $1.2M $1.1M $149K $509K View 990
2015 $955K $976K $87K $499K View 990
2014 $970K $925K $91K $629K View 990
2013 $881K $1.0M $91K $629K View 990
2012 $1.0M $1.0M $77K $482K View 990
2011 $1.2M $1.4M $122K $492K View 990
2010 $1.6M $1.6M $128K $393K View 990

Year-by-Year Financial Summary

  • 2018: Revenue of $1.1M, expenses of $1.2M, and assets of $66K (revenue -2.6% year-over-year).
  • 2017: Revenue of $1.1M, expenses of $1.1M, and assets of $135K (revenue -3.8% year-over-year).
  • 2016: Revenue of $1.2M, expenses of $1.1M, and assets of $149K (revenue +22.7% year-over-year).
  • 2015: Revenue of $955K, expenses of $976K, and assets of $87K (revenue -1.6% year-over-year).
  • 2014: Revenue of $970K, expenses of $925K, and assets of $91K (revenue +10.1% year-over-year).
  • 2013: Revenue of $881K, expenses of $1.0M, and assets of $91K (revenue -12.7% year-over-year).
  • 2012: Revenue of $1.0M, expenses of $1.0M, and assets of $77K (revenue -16.8% year-over-year).
  • 2011: Revenue of $1.2M, expenses of $1.4M, and assets of $122K (revenue -22.7% year-over-year).
  • 2010: Revenue of $1.6M, expenses of $1.6M, and assets of $128K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for A Place Called Hope:

2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing 2010 Filing

Data Sources and Methodology

This transparency report for A Place Called 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.

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