Athletes For Hope
Athletes For Hope shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 204773044 · Glen Echo, MD · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $1.3M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.6 |
| Net Assets | $1.7M |
| Transparency Score | 90/100 |
Is Athletes For Hope Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Athletes For Hope directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Athletes For Hope
Athletes For Hope (EIN: 204773044) is a nonprofit organization based in Glen Echo, MD, classified under NTEE code O50. The organization reported total revenue of $2.3M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Athletes For Hope's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Athletes For Hope is a mid-size nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$390K |
| Total Assets | $1.8M |
| Total Liabilities | $75K |
| Net Assets | $1.7M |
| Operating Margin | 23.5% |
| Debt-to-Asset Ratio | 4.1% |
| Months of Reserves | 17.3 months |
Financial Health Grade: A
In 2023, Athletes For Hope reported a surplus of $390K with revenue exceeding expenses, holds 17.3 months of operating reserves (strong position), has a debt-to-asset ratio of 4.1% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Athletes For Hope's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.7% | +9.0% | +38.6% |
| 2022 | -19.5% | -12.3% | +14.1% |
| 2021 | +72.4% | +36.3% | +31.6% |
| 2020 | -16.1% | -14.0% | +9.2% |
| 2019 | -2.4% | -0.8% | +5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Athletes For Hope with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Athletes For Hope allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $390K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization with over $1.6 million in annual revenue and suggests a strong volunteer leadership or that compensation is covered by an external entity, which would warrant further investigation for full transparency.
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 Athletes For Hope's IRS 990 filings:
- Unusually low liabilities relative to assets, especially in 2014 ($4,629 liabilities vs. $509,925 assets), which could indicate a very conservative financial approach or specific funding structures.
- The consistent 0% officer compensation, while positive for efficiency, is highly unusual for an organization of this size and could warrant further inquiry into how leadership is supported or compensated.
Strengths
The following positive indicators were identified for Athletes For Hope:
- Consistent revenue growth, from $979,543 in 2020 to $1,654,942 in 2023, demonstrating increasing support and operational capacity.
- Strong asset accumulation, with assets growing from $874,023 in 2020 to $1,819,560 in 2023, indicating financial stability and reserves.
- Excellent spending efficiency, with revenue consistently exceeding expenses in recent years, leading to healthy surpluses.
- Zero reported officer compensation across all filings, suggesting a strong commitment to directing funds towards the mission.
- Low liabilities relative to assets, indicating a healthy balance sheet and minimal financial risk.
Frequently Asked Questions about Athletes For Hope
Is Athletes For Hope a legitimate charity?
Athletes For Hope (EIN: 204773044) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.3M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Athletes For Hope spend its money?
Athletes For Hope directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Athletes For Hope tax-deductible?
Athletes For Hope is registered as a tax-exempt nonprofit (EIN: 204773044). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Athletes For Hope CEO make?
Athletes For Hope's highest-compensated officer earns $1.6 annually. The organization reported $2.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Athletes For Hope's spending goes to programs?
Athletes For Hope directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Athletes For Hope compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Athletes For Hope is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Athletes For Hope located?
Athletes For Hope is headquartered in Glen Echo, Maryland and files with the IRS under EIN 204773044. It is classified under NTEE code O50.
How many years of IRS 990 filings does Athletes For Hope have?
Athletes For Hope has 14 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 $2.3M in total revenue.
How does Athletes For Hope manage to operate with 0% officer compensation?
The provided data consistently shows 0% officer compensation across all 14 filings. This could mean that executive leadership is entirely volunteer-based, compensated by a related entity, or that compensation is reported under a different category not specified in the 'Officer Comp' field. Further detail from the full 990 filing would be needed to understand this structure.
What is the specific breakdown of program, administrative, and fundraising expenses?
While the summary data doesn't provide a detailed breakdown, the overall financial health and lack of officer compensation suggest a high proportion of spending is directed towards programs. A full IRS 990 would contain the specific figures for these categories.
What caused the significant increase in assets from $1,312,609 in 2022 to $1,819,560 in 2023?
The substantial increase in assets is primarily due to the organization's revenue ($1,654,942) significantly exceeding its expenses ($1,265,353) in 2023, resulting in a net surplus that contributed to asset growth. This indicates strong financial management and accumulation of reserves.
Filing History
IRS 990 filing history for Athletes For Hope showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Athletes For Hope's revenue has declined by 1.9%, moving from $1.7M to $1.7M. Total assets increased by 372.5% over the same period, from $385K to $1.8M. Total functional expenses fell by 10.2%, from $1.4M to $1.3M. In its most recent filing year (2023), Athletes For Hope reported a surplus of $390K, with revenue exceeding expenses. The organization holds $75K in liabilities against $1.8M in assets (debt-to-asset ratio: 4.1%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.3M | $1.8M | $75K | — | — |
| 2022 | $1.4M | $1.2M | $1.3M | $19K | — | View 990 |
| 2021 | $1.7M | $1.3M | $1.2M | $12K | — | View 990 |
| 2020 | $980K | $971K | $874K | $102K | — | — |
| 2019 | $1.2M | $1.1M | $801K | $16K | — | View 990 |
| 2018 | $1.2M | $1.1M | $762K | $16K | — | View 990 |
| 2017 | $1.2M | $1.2M | $740K | $51K | — | View 990 |
| 2016 | $1.3M | $1.1M | $701K | $15K | — | View 990 |
| 2015 | $1.0M | $1.0M | $544K | $13K | — | View 990 |
| 2014 | $1.1M | $44K | $510K | $5K | — | View 990 |
| 2013 | $970K | $638K | $145K | $4K | — | View 990 |
| 2012 | $790K | $748K | $181K | $372K | — | View 990 |
| 2011 | $975K | $1.5M | $92K | $325K | — | View 990 |
| 2010 | $1.7M | $1.4M | $385K | $138K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.3M, and assets of $1.8M (revenue +21.7% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.2M, and assets of $1.3M (revenue -19.5% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.3M, and assets of $1.2M (revenue +72.4% year-over-year).
- 2020: Revenue of $980K, expenses of $971K, and assets of $874K (revenue -16.1% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.1M, and assets of $801K (revenue -2.4% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.1M, and assets of $762K (revenue -3.1% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.2M, and assets of $740K (revenue -3.7% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.1M, and assets of $701K (revenue +24.1% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.0M, and assets of $544K (revenue -9.4% year-over-year).
- 2014: Revenue of $1.1M, expenses of $44K, and assets of $510K (revenue +17.4% year-over-year).
- 2013: Revenue of $970K, expenses of $638K, and assets of $145K (revenue +22.8% year-over-year).
- 2012: Revenue of $790K, expenses of $748K, and assets of $181K (revenue -19.0% year-over-year).
- 2011: Revenue of $975K, expenses of $1.5M, and assets of $92K (revenue -42.2% year-over-year).
- 2010: Revenue of $1.7M, expenses of $1.4M, and assets of $385K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Athletes For Hope:
Data Sources and Methodology
This transparency report for Athletes For 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.