Brazil Hope Foundation
EIN: 680457741 · Reno, NV · NTEE: Q30
| Metric | Value |
|---|---|
| Total Expenses | $795 |
| Net Assets | $13K |
Is Brazil Hope Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Brazil Hope Foundation
Brazil Hope Foundation (EIN: 680457741) is a nonprofit organization based in Reno, NV, classified under NTEE code Q30. The organization reported total revenue of $0 and total assets of $10K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brazil Hope Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brazil Hope Foundation is a micro nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -24.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $41 |
| Total Expenses | $795 |
| Surplus / Deficit | $-754 |
| Total Assets | $13K |
| Net Assets | $13K |
| Operating Margin | -1839.0% |
| Months of Reserves | 189.3 months |
Financial Health Grade: B
In 2023, Brazil Hope Foundation reported a deficit of $754 with expenses exceeding revenue, holds 189.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Brazil Hope Foundation's revenue has declined at a compound annual growth rate (CAGR) of -24.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.8% | +144.6% | -5.7% |
| 2022 | -28.2% | — | -2.0% |
| 2021 | +290.0% | -100.0% | +0.6% |
| 2020 | -96.7% | +2.5% | -2.3% |
| 2019 | +11940.0% | -32.1% | +2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Brazil Hope Foundation 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 Brazil Hope Foundation 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 deficit of $754, with expenses exceeding revenue.
Frequently Asked Questions about Brazil Hope Foundation
Is Brazil Hope Foundation a legitimate charity?
Brazil Hope Foundation (EIN: 680457741) is a registered tax-exempt nonprofit based in Nevada. It has 13 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Brazil Hope Foundation spend its money?
Brazil Hope Foundation reported its financials in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Brazil Hope Foundation tax-deductible?
Brazil Hope Foundation is registered as a tax-exempt nonprofit (EIN: 680457741). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Brazil Hope Foundation located?
Brazil Hope Foundation is headquartered in Reno, Nevada and files with the IRS under EIN 680457741. It is classified under NTEE code Q30.
How many years of IRS 990 filings does Brazil Hope Foundation have?
Brazil Hope Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Brazil Hope Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Brazil Hope Foundation's revenue has declined by 96.5%, moving from $1K to $41. Total assets increased by 134.8% over the same period, from $5K to $13K. Total functional expenses rose by 148.4%, from $320 to $795. In its most recent filing year (2023), Brazil Hope Foundation reported a deficit of $754, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $41 | $795 | $13K | $0 | — | — |
| 2022 | $56 | $325 | $13K | $0 | — | View 990 |
| 2021 | $78 | $0 | $14K | $0 | — | View 990 |
| 2020 | $20 | $334 | $13K | $0 | — | — |
| 2019 | $602 | $326 | $14K | $0 | — | View 990 |
| 2018 | $5 | $480 | $14K | $0 | — | View 990 |
| 2017 | $7K | $350 | $14K | $0 | — | View 990 |
| 2016 | $2K | $4K | $7K | $0 | — | View 990 |
| 2015 | $5 | $335 | $10K | $0 | — | View 990 |
| 2014 | $2K | $335 | $10K | $0 | — | View 990 |
| 2013 | $6K | $4K | $8K | $0 | — | View 990 |
| 2012 | $1K | $285 | $6K | $0 | — | View 990 |
| 2011 | $1K | $320 | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $41, expenses of $795, and assets of $13K (revenue -26.8% year-over-year).
- 2022: Revenue of $56, expenses of $325, and assets of $13K (revenue -28.2% year-over-year).
- 2021: Revenue of $78, expenses of $0, and assets of $14K (revenue +290.0% year-over-year).
- 2020: Revenue of $20, expenses of $334, and assets of $13K (revenue -96.7% year-over-year).
- 2019: Revenue of $602, expenses of $326, and assets of $14K (revenue +11940.0% year-over-year).
- 2018: Revenue of $5, expenses of $480, and assets of $14K (revenue -99.9% year-over-year).
- 2017: Revenue of $7K, expenses of $350, and assets of $14K (revenue +223.8% year-over-year).
- 2016: Revenue of $2K, expenses of $4K, and assets of $7K (revenue +42520.0% year-over-year).
- 2015: Revenue of $5, expenses of $335, and assets of $10K (revenue -99.8% year-over-year).
- 2014: Revenue of $2K, expenses of $335, and assets of $10K (revenue -64.4% year-over-year).
- 2013: Revenue of $6K, expenses of $4K, and assets of $8K (revenue +360.0% year-over-year).
- 2012: Revenue of $1K, expenses of $285, and assets of $6K (revenue +3.6% year-over-year).
- 2011: Revenue of $1K, expenses of $320, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brazil Hope Foundation:
Data Sources and Methodology
This transparency report for Brazil Hope Foundation 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.