Door Of Hope
EIN: 461201974 · Alma, MI · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $489K |
| Total Expenses | $232K |
| Net Assets | $98K |
Is Door 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 Door Of Hope
Door Of Hope (EIN: 461201974) is a nonprofit organization based in Alma, MI, classified under NTEE code Q33. The organization reported total revenue of $489K and total assets of $175K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Door Of Hope's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Door Of Hope is a small nonprofit that has been operating for 13 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 48.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $265K |
| Total Expenses | $232K |
| Surplus / Deficit | +$33K |
| Total Assets | $111K |
| Total Liabilities | $13K |
| Net Assets | $98K |
| Operating Margin | 12.5% |
| Debt-to-Asset Ratio | 11.9% |
| Months of Reserves | 5.8 months |
Financial Health Grade: A
In 2023, Door Of Hope reported a surplus of $33K with revenue exceeding expenses, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 11.9% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Door Of Hope's revenue has grown at a compound annual growth rate (CAGR) of 48.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +48.5% | +107.6% | +18.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Door 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 Door 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $33K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.9%.
Frequently Asked Questions about Door Of Hope
Is Door Of Hope a legitimate charity?
Based on AI analysis of IRS 990 filings, Door Of Hope (EIN: 461201974) insufficient data. 0 red flags identified, 0 strengths noted.
How does Door Of Hope spend its money?
Detailed spending breakdown data is not yet available for Door Of Hope. Check back for updated IRS 990 analysis.
Are donations to Door Of Hope tax-deductible?
Door Of Hope is registered as a tax-exempt nonprofit (EIN: 461201974). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Door Of Hope located?
Door Of Hope is headquartered in Alma, Michigan and files with the IRS under EIN 461201974. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Door Of Hope have?
Door Of Hope has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $489K in total revenue.
Filing History
IRS 990 filing history for Door Of Hope showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Door Of Hope's revenue has grown by 48.5%, moving from $178K to $265K. Total assets increased by 18% over the same period, from $94K to $111K. Total functional expenses rose by 107.6%, from $112K to $232K. In its most recent filing year (2023), Door Of Hope reported a surplus of $33K, with revenue exceeding expenses. The organization holds $13K in liabilities against $111K in assets (debt-to-asset ratio: 11.9%), resulting in net assets of $98K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $265K | $232K | $111K | $13K | — | — |
| 2022 | $178K | $112K | $94K | $29K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Door Of Hope:
Data Sources and Methodology
This transparency report for Door 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.