Childrens Hope Alliance
EIN: 560529975 · Barium Spngs, NC · NTEE: P73
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $1.3M |
| Net Assets | $14.7M |
Is Childrens Hope Alliance Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Childrens Hope Alliance
Childrens Hope Alliance (EIN: 560529975) is a nonprofit organization based in Barium Spngs, NC, classified under NTEE code P73. The organization reported total revenue of $1.0M and total assets of $17.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Childrens Hope Alliance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Childrens Hope Alliance is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -12.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $997K |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-309,521 |
| Total Assets | $14.7M |
| Net Assets | $14.7M |
| Operating Margin | -31.1% |
| Months of Reserves | 134.9 months |
Financial Health Grade: B
In 2023, Childrens Hope Alliance reported a deficit of $310K with expenses exceeding revenue, holds 134.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Childrens Hope Alliance's revenue has declined at a compound annual growth rate (CAGR) of -12.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.4% | +14.6% | +7.0% |
| 2022 | -4.4% | -20.3% | -23.4% |
| 2021 | -78.1% | -69.4% | +11.5% |
| 2020 | -1.4% | -7.7% | +0.7% |
| 2019 | +32.5% | -13.3% | -2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Childrens Hope Alliance 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 Childrens Hope Alliance 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 $310K, with expenses exceeding revenue.
Frequently Asked Questions about Childrens Hope Alliance
Is Childrens Hope Alliance a legitimate charity?
Based on AI analysis of IRS 990 filings, Childrens Hope Alliance (EIN: 560529975) insufficient data. 0 red flags identified, 0 strengths noted.
How does Childrens Hope Alliance spend its money?
Detailed spending breakdown data is not yet available for Childrens Hope Alliance. Check back for updated IRS 990 analysis.
Are donations to Childrens Hope Alliance tax-deductible?
Childrens Hope Alliance is registered as a tax-exempt nonprofit (EIN: 560529975). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Childrens Hope Alliance located?
Childrens Hope Alliance is headquartered in Barium Spngs, North Carolina and files with the IRS under EIN 560529975. It is classified under NTEE code P73.
How many years of IRS 990 filings does Childrens Hope Alliance have?
Childrens Hope Alliance 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for Childrens Hope Alliance showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Childrens Hope Alliance's revenue has declined by 80.6%, moving from $5.1M to $997K. Total assets increased by 147% over the same period, from $5.9M to $14.7M. Total functional expenses fell by 65.7%, from $3.8M to $1.3M. In its most recent filing year (2023), Childrens Hope Alliance reported a deficit of $310K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $997K | $1.3M | $14.7M | $0 | — | View 990 |
| 2022 | $983K | $1.1M | $13.7M | $0 | — | View 990 |
| 2021 | $1.0M | $1.4M | $17.9M | $4K | — | View 990 |
| 2020 | $4.7M | $4.7M | $16.1M | $59K | — | View 990 |
| 2019 | $4.8M | $5.1M | $16.0M | $345K | — | View 990 |
| 2018 | $3.6M | $5.8M | $16.4M | $179K | — | View 990 |
| 2017 | $5.4M | $4.4M | $18.7M | $728K | — | View 990 |
| 2016 | $3.1M | $3.7M | $16.3M | $384K | — | View 990 |
| 2015 | $5.4M | $5.9M | $16.9M | $986K | — | View 990 |
| 2014 | $12.3M | $12.3M | $18.3M | $293K | — | View 990 |
| 2013 | $7.2M | $7.0M | $7.5M | $3.3M | — | View 990 |
| 2012 | $10.2M | $4.6M | $9.4M | $834K | — | View 990 |
| 2011 | $5.1M | $3.8M | $5.9M | $3.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $997K, expenses of $1.3M, and assets of $14.7M (revenue +1.4% year-over-year).
- 2022: Revenue of $983K, expenses of $1.1M, and assets of $13.7M (revenue -4.4% year-over-year).
- 2021: Revenue of $1.0M, expenses of $1.4M, and assets of $17.9M (revenue -78.1% year-over-year).
- 2020: Revenue of $4.7M, expenses of $4.7M, and assets of $16.1M (revenue -1.4% year-over-year).
- 2019: Revenue of $4.8M, expenses of $5.1M, and assets of $16.0M (revenue +32.5% year-over-year).
- 2018: Revenue of $3.6M, expenses of $5.8M, and assets of $16.4M (revenue -33.2% year-over-year).
- 2017: Revenue of $5.4M, expenses of $4.4M, and assets of $18.7M (revenue +75.6% year-over-year).
- 2016: Revenue of $3.1M, expenses of $3.7M, and assets of $16.3M (revenue -43.7% year-over-year).
- 2015: Revenue of $5.4M, expenses of $5.9M, and assets of $16.9M (revenue -55.7% year-over-year).
- 2014: Revenue of $12.3M, expenses of $12.3M, and assets of $18.3M (revenue +71.5% year-over-year).
- 2013: Revenue of $7.2M, expenses of $7.0M, and assets of $7.5M (revenue -29.8% year-over-year).
- 2012: Revenue of $10.2M, expenses of $4.6M, and assets of $9.4M (revenue +98.5% year-over-year).
- 2011: Revenue of $5.1M, expenses of $3.8M, and assets of $5.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Childrens Hope Alliance:
Data Sources and Methodology
This transparency report for Childrens Hope Alliance 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.