Convoy Of Hope
EIN: 680051386 · Springfield, MO · NTEE: Q33
| Metric | Value |
|---|---|
| Total Expenses | $364.5M |
| Net Assets | $155.9M |
Is Convoy Of Hope Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Convoy Of Hope
Convoy Of Hope (EIN: 680051386) is a nonprofit organization based in Springfield, MO, classified under NTEE code Q33. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Convoy Of Hope's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Convoy Of Hope is a major nonprofit that has been operating for 6 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 19.2%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $435.6M |
| Total Expenses | $364.5M |
| Surplus / Deficit | +$71.1M |
| Total Assets | $160.2M |
| Total Liabilities | $4.4M |
| Net Assets | $155.9M |
| Operating Margin | 16.3% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 5.3 months |
Financial Health Grade: A
In 2021, Convoy Of Hope reported a surplus of $71.1M with revenue exceeding expenses, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2021), Convoy Of Hope's revenue has grown at a compound annual growth rate (CAGR) of 19.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +19.3% | +6.3% | +53.6% |
| 2020 | +87.3% | +79.9% | +39.3% |
| 2019 | +11.3% | +12.7% | +27.9% |
| 2018 | +-0.0% | +7.0% | +12.1% |
| 2017 | +28.8% | +7.4% | +44.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Convoy Of Hope 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 Convoy Of Hope 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $71.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.7%.
Frequently Asked Questions about Convoy Of Hope
Is Convoy Of Hope a legitimate charity?
Convoy Of Hope (EIN: 680051386) is a registered tax-exempt nonprofit based in Missouri. It has 11 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Convoy Of Hope spend its money?
Convoy Of Hope reported its financials in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Convoy Of Hope tax-deductible?
Convoy Of Hope is registered as a tax-exempt nonprofit (EIN: 680051386). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Convoy Of Hope located?
Convoy Of Hope is headquartered in Springfield, Missouri and files with the IRS under EIN 680051386. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Convoy Of Hope have?
Convoy Of Hope has 11 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 Convoy Of Hope showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Convoy Of Hope's revenue has grown by 478.3%, moving from $75.3M to $435.6M. Total assets increased by 453.5% over the same period, from $29.0M to $160.2M. Total functional expenses rose by 414.8%, from $70.8M to $364.5M. In its most recent filing year (2021), Convoy Of Hope reported a surplus of $71.1M, with revenue exceeding expenses. The organization holds $4.4M in liabilities against $160.2M in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $155.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $435.6M | $364.5M | $160.2M | $4.4M | — | View 990 |
| 2020 | $365.0M | $342.7M | $104.4M | $20.4M | — | — |
| 2019 | $194.8M | $190.5M | $74.9M | $14.1M | — | View 990 |
| 2018 | $175.1M | $169.0M | $58.5M | $3.5M | — | View 990 |
| 2017 | $175.1M | $157.9M | $52.2M | $4.6M | — | View 990 |
| 2016 | $135.9M | $147.1M | $36.2M | $6.5M | — | View 990 |
| 2015 | $128.0M | $126.1M | $46.8M | $5.6M | — | View 990 |
| 2014 | $110.9M | $107.8M | $47.0M | $7.3M | — | View 990 |
| 2013 | $112.7M | $101.3M | $43.5M | $6.9M | — | View 990 |
| 2012 | $86.4M | $86.0M | $31.8M | $6.5M | — | View 990 |
| 2011 | $75.3M | $70.8M | $29.0M | $4.0M | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $435.6M, expenses of $364.5M, and assets of $160.2M (revenue +19.3% year-over-year).
- 2020: Revenue of $365.0M, expenses of $342.7M, and assets of $104.4M (revenue +87.3% year-over-year).
- 2019: Revenue of $194.8M, expenses of $190.5M, and assets of $74.9M (revenue +11.3% year-over-year).
- 2018: Revenue of $175.1M, expenses of $169.0M, and assets of $58.5M (revenue +-0.0% year-over-year).
- 2017: Revenue of $175.1M, expenses of $157.9M, and assets of $52.2M (revenue +28.8% year-over-year).
- 2016: Revenue of $135.9M, expenses of $147.1M, and assets of $36.2M (revenue +6.1% year-over-year).
- 2015: Revenue of $128.0M, expenses of $126.1M, and assets of $46.8M (revenue +15.5% year-over-year).
- 2014: Revenue of $110.9M, expenses of $107.8M, and assets of $47.0M (revenue -1.6% year-over-year).
- 2013: Revenue of $112.7M, expenses of $101.3M, and assets of $43.5M (revenue +30.5% year-over-year).
- 2012: Revenue of $86.4M, expenses of $86.0M, and assets of $31.8M (revenue +14.7% year-over-year).
- 2011: Revenue of $75.3M, expenses of $70.8M, and assets of $29.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Convoy Of Hope:
Data Sources and Methodology
This transparency report for Convoy Of 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.