Convoy Of Hope Foundation
EIN: 462845781 · Springfield, MO · NTEE: X21
| Metric | Value |
|---|---|
| Total Expenses | $297K |
| Net Assets | $5.3M |
Is Convoy 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 Convoy Of Hope Foundation
Convoy Of Hope Foundation (EIN: 462845781) is a nonprofit organization based in Springfield, MO, classified under NTEE code X21. 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 Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Convoy Of Hope Foundation is a small nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2013–2021).
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $152K |
| Total Expenses | $297K |
| Surplus / Deficit | $-145,763 |
| Total Assets | $5.3M |
| Total Liabilities | $994 |
| Net Assets | $5.3M |
| Operating Margin | -96.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 212.6 months |
Financial Health Grade: B
In 2021, Convoy Of Hope Foundation reported a deficit of $146K with expenses exceeding revenue, holds 212.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -93.9% | -38.9% | -1.6% |
| 2020 | +551.7% | -32.8% | +3.2% |
| 2019 | -27.0% | +95.7% | -7.4% |
| 2018 | -34.0% | -39.2% | +1.4% |
| 2017 | -57.4% | +46.9% | +63.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Convoy 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 Convoy 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $146K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Convoy Of Hope Foundation
Is Convoy Of Hope Foundation a legitimate charity?
Convoy Of Hope Foundation (EIN: 462845781) is a registered tax-exempt nonprofit based in Missouri. It has 9 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Convoy Of Hope Foundation spend its money?
Convoy Of Hope Foundation reported its financials in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Convoy Of Hope Foundation tax-deductible?
Convoy Of Hope Foundation is registered as a tax-exempt nonprofit (EIN: 462845781). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Convoy Of Hope Foundation located?
Convoy Of Hope Foundation is headquartered in Springfield, Missouri and files with the IRS under EIN 462845781. It is classified under NTEE code X21.
How many years of IRS 990 filings does Convoy Of Hope Foundation have?
Convoy Of Hope Foundation has 9 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 Foundation showing financial trends over 9 years of public records:
Total assets increased by 526933400% over the same period, from $1 to $5.3M. In its most recent filing year (2021), Convoy Of Hope Foundation reported a deficit of $146K, with expenses exceeding revenue. The organization holds $994 in liabilities against $5.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $152K | $297K | $5.3M | $994 | — | View 990 |
| 2020 | $2.5M | $486K | $5.4M | $0 | — | — |
| 2019 | $383K | $724K | $5.2M | $1.7M | — | View 990 |
| 2018 | $525K | $370K | $5.6M | $1.9M | — | View 990 |
| 2017 | $796K | $609K | $5.5M | $1.9M | — | View 990 |
| 2016 | $1.9M | $415K | $3.4M | $0 | — | View 990 |
| 2015 | $1.8M | $624K | $1.9M | $759 | — | View 990 |
| 2014 | $1.3M | $518K | $767K | $0 | — | View 990 |
| 2013 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $152K, expenses of $297K, and assets of $5.3M (revenue -93.9% year-over-year).
- 2020: Revenue of $2.5M, expenses of $486K, and assets of $5.4M (revenue +551.7% year-over-year).
- 2019: Revenue of $383K, expenses of $724K, and assets of $5.2M (revenue -27.0% year-over-year).
- 2018: Revenue of $525K, expenses of $370K, and assets of $5.6M (revenue -34.0% year-over-year).
- 2017: Revenue of $796K, expenses of $609K, and assets of $5.5M (revenue -57.4% year-over-year).
- 2016: Revenue of $1.9M, expenses of $415K, and assets of $3.4M (revenue +1.8% year-over-year).
- 2015: Revenue of $1.8M, expenses of $624K, and assets of $1.9M (revenue +43.6% year-over-year).
- 2014: Revenue of $1.3M, expenses of $518K, and assets of $767K.
- 2013: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Convoy Of Hope Foundation:
Data Sources and Methodology
This transparency report for Convoy 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.