Chapters Of Hope Foundation
EIN: 261505739 · Salt Lake Cty, UT · NTEE: X80
| Metric | Value |
|---|---|
| Total Revenue | $2K |
| Total Expenses | $3K |
| Net Assets | $178K |
Is Chapters Of 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 Chapters Of Hope Foundation
Chapters Of Hope Foundation (EIN: 261505739) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code X80. The organization reported total revenue of $2K and total assets of $166K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chapters Of Hope Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chapters Of Hope Foundation is a micro nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -28.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $3K |
| Surplus / Deficit | $-485 |
| Total Assets | $178K |
| Net Assets | $178K |
| Operating Margin | -23.9% |
| Months of Reserves | 848.6 months |
Financial Health Grade: B
In 2023, Chapters Of Hope Foundation reported a deficit of $485 with expenses exceeding revenue, holds 848.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Chapters Of Hope Foundation's revenue has declined at a compound annual growth rate (CAGR) of -28.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -55.7% | -73.3% | -0.3% |
| 2022 | -26.7% | +490.8% | -2.6% |
| 2021 | -2.3% | -90.7% | +6.8% |
| 2020 | -68.9% | -64.0% | -5.9% |
| 2019 | -79.7% | -3.1% | -12.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1237 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chapters Of 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 Chapters Of 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 $485, with expenses exceeding revenue.
Frequently Asked Questions about Chapters Of Hope Foundation
Is Chapters Of Hope Foundation a legitimate charity?
Chapters Of Hope Foundation (EIN: 261505739) is a registered tax-exempt nonprofit based in Utah. It has 13 years of IRS 990 filings on record. Total revenue: $2K. No red flags identified. Financial health grade: B.
How does Chapters Of Hope Foundation spend its money?
Chapters Of Hope Foundation reported $2K in total revenue 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 Chapters Of Hope Foundation tax-deductible?
Chapters Of Hope Foundation is registered as a tax-exempt nonprofit (EIN: 261505739). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chapters Of Hope Foundation located?
Chapters Of Hope Foundation is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 261505739. It is classified under NTEE code X80.
How many years of IRS 990 filings does Chapters Of Hope Foundation have?
Chapters Of 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. The most recent filing shows $2K in total revenue.
Filing History
IRS 990 filing history for Chapters Of Hope Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Chapters Of Hope Foundation's revenue has declined by 98.1%, moving from $107K to $2K. Total assets increased by 20.9% over the same period, from $147K to $178K. In its most recent filing year (2023), Chapters Of Hope Foundation reported a deficit of $485, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2K | $3K | $178K | $0 | — | — |
| 2022 | $5K | $9K | $178K | $0 | — | View 990 |
| 2021 | $6K | $2K | $183K | $0 | — | — |
| 2020 | $6K | $17K | $172K | $0 | — | View 990 |
| 2019 | $21K | $47K | $182K | $0 | — | View 990 |
| 2018 | $101K | $49K | $209K | $0 | — | View 990 |
| 2017 | $5K | $33K | $157K | $0 | — | View 990 |
| 2016 | $5K | $31K | $187K | $2K | — | View 990 |
| 2015 | $12K | $77K | $210K | $0 | — | View 990 |
| 2014 | $40K | $29K | $275K | $0 | — | View 990 |
| 2013 | $66K | $25K | $263K | $0 | — | View 990 |
| 2012 | $134K | $59K | $222K | $0 | — | View 990 |
| 2011 | $107K | $-33,670 | $147K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2K, expenses of $3K, and assets of $178K (revenue -55.7% year-over-year).
- 2022: Revenue of $5K, expenses of $9K, and assets of $178K (revenue -26.7% year-over-year).
- 2021: Revenue of $6K, expenses of $2K, and assets of $183K (revenue -2.3% year-over-year).
- 2020: Revenue of $6K, expenses of $17K, and assets of $172K (revenue -68.9% year-over-year).
- 2019: Revenue of $21K, expenses of $47K, and assets of $182K (revenue -79.7% year-over-year).
- 2018: Revenue of $101K, expenses of $49K, and assets of $209K (revenue +1828.6% year-over-year).
- 2017: Revenue of $5K, expenses of $33K, and assets of $157K (revenue +2.2% year-over-year).
- 2016: Revenue of $5K, expenses of $31K, and assets of $187K (revenue -56.7% year-over-year).
- 2015: Revenue of $12K, expenses of $77K, and assets of $210K (revenue -70.7% year-over-year).
- 2014: Revenue of $40K, expenses of $29K, and assets of $275K (revenue -39.1% year-over-year).
- 2013: Revenue of $66K, expenses of $25K, and assets of $263K (revenue -50.4% year-over-year).
- 2012: Revenue of $134K, expenses of $59K, and assets of $222K (revenue +25.6% year-over-year).
- 2011: Revenue of $107K, expenses of $-33,670, and assets of $147K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chapters Of Hope Foundation:
Data Sources and Methodology
This transparency report for Chapters Of 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.