Acs Hope Fellowship Inc
EIN: 352364737 · Anderson, SC · NTEE: S470
| Metric | Value |
|---|---|
| Total Revenue | $214K |
| Total Expenses | $159K |
| Net Assets | $-205,780 |
Is Acs Hope Fellowship Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Acs Hope Fellowship Inc
Acs Hope Fellowship Inc (EIN: 352364737) is a nonprofit organization based in Anderson, SC, classified under NTEE code S470. The organization reported total revenue of $214K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Acs Hope Fellowship Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Acs Hope Fellowship Inc is a small nonprofit that has been operating for 16 years, with 7 years of IRS 990 filings on record (2016–2022). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $187K |
| Total Expenses | $159K |
| Surplus / Deficit | +$29K |
| Total Assets | $1.9M |
| Total Liabilities | $2.1M |
| Net Assets | $-205,780 |
| Operating Margin | 15.2% |
| Debt-to-Asset Ratio | 110.6% |
| Months of Reserves | 146.0 months |
Financial Health Grade: A
In 2022, Acs Hope Fellowship Inc reported a surplus of $29K with revenue exceeding expenses, holds 146.0 months of operating reserves (strong position), has a debt-to-asset ratio of 110.6% (high leverage).
Financial Trends
Over 7 years of filings (2016–2022), Acs Hope Fellowship Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -4.9% | -4.2% | -2.0% |
| 2021 | -4.3% | -7.3% | -2.4% |
| 2020 | +4.5% | +4.1% | -1.5% |
| 2019 | +1.9% | +0.9% | -1.9% |
| 2018 | -1.1% | +0.6% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Acs Hope Fellowship Inc 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 Acs Hope Fellowship Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $29K, with revenue exceeding expenses.
- Debt-to-asset ratio: 110.6%.
Frequently Asked Questions about Acs Hope Fellowship Inc
Is Acs Hope Fellowship Inc a legitimate charity?
Acs Hope Fellowship Inc (EIN: 352364737) is a registered tax-exempt nonprofit based in South Carolina. It has 7 years of IRS 990 filings on record. Total revenue: $214K. No red flags identified. Financial health grade: A.
How does Acs Hope Fellowship Inc spend its money?
Acs Hope Fellowship Inc reported $214K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Acs Hope Fellowship Inc tax-deductible?
Acs Hope Fellowship Inc is registered as a tax-exempt nonprofit (EIN: 352364737). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Acs Hope Fellowship Inc located?
Acs Hope Fellowship Inc is headquartered in Anderson, South Carolina and files with the IRS under EIN 352364737. It is classified under NTEE code S470.
How many years of IRS 990 filings does Acs Hope Fellowship Inc have?
Acs Hope Fellowship Inc has 7 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 $214K in total revenue.
Filing History
IRS 990 filing history for Acs Hope Fellowship Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2022), Acs Hope Fellowship Inc's revenue has declined by 11.4%, moving from $212K to $187K. Total assets decreased by 10.7% over the same period, from $2.2M to $1.9M. Total functional expenses fell by 7.1%, from $171K to $159K. In its most recent filing year (2022), Acs Hope Fellowship Inc reported a surplus of $29K, with revenue exceeding expenses. The organization holds $2.1M in liabilities against $1.9M in assets (debt-to-asset ratio: 110.6%), resulting in net assets of $-205,780.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $187K | $159K | $1.9M | $2.1M | — | View 990 |
| 2021 | $197K | $166K | $2.0M | $2.2M | — | View 990 |
| 2020 | $206K | $179K | $2.0M | $2.3M | — | View 990 |
| 2019 | $197K | $172K | $2.0M | $2.3M | — | View 990 |
| 2018 | $193K | $170K | $2.1M | $2.4M | — | View 990 |
| 2017 | $196K | $169K | $2.1M | $2.5M | — | — |
| 2016 | $212K | $171K | $2.2M | $2.5M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $187K, expenses of $159K, and assets of $1.9M (revenue -4.9% year-over-year).
- 2021: Revenue of $197K, expenses of $166K, and assets of $2.0M (revenue -4.3% year-over-year).
- 2020: Revenue of $206K, expenses of $179K, and assets of $2.0M (revenue +4.5% year-over-year).
- 2019: Revenue of $197K, expenses of $172K, and assets of $2.0M (revenue +1.9% year-over-year).
- 2018: Revenue of $193K, expenses of $170K, and assets of $2.1M (revenue -1.1% year-over-year).
- 2017: Revenue of $196K, expenses of $169K, and assets of $2.1M (revenue -7.6% year-over-year).
- 2016: Revenue of $212K, expenses of $171K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Acs Hope Fellowship Inc:
Data Sources and Methodology
This transparency report for Acs Hope Fellowship Inc 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.