Doors Of Hope
EIN: 274987364 · Murfreesboro, TN · NTEE: I40
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.8M |
| Net Assets | $1.2M |
Is Doors 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 Doors Of Hope
Doors Of Hope (EIN: 274987364) is a nonprofit organization based in Murfreesboro, TN, classified under NTEE code I40. The organization reported total revenue of $1.3M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Doors Of Hope's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Doors Of Hope is a mid-size nonprofit that has been operating for 15 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 31.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-229,017 |
| Total Assets | $1.9M |
| Total Liabilities | $682K |
| Net Assets | $1.2M |
| Operating Margin | -14.8% |
| Debt-to-Asset Ratio | 35.9% |
| Months of Reserves | 12.9 months |
Financial Health Grade: B
In 2023, Doors Of Hope reported a deficit of $229K with expenses exceeding revenue, holds 12.9 months of operating reserves (strong position), has a debt-to-asset ratio of 35.9% (moderate leverage).
Financial Trends
Over 11 years of filings (2013–2023), Doors Of Hope's revenue has grown at a compound annual growth rate (CAGR) of 31.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.5% | +11.9% | -14.3% |
| 2022 | +161.1% | +107.4% | +115.3% |
| 2021 | +57.3% | +31.8% | +12.5% |
| 2020 | +15.5% | +10.5% | +5.1% |
| 2019 | -20.2% | +13.1% | -4.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Doors 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 Doors 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 deficit of $229K, with expenses exceeding revenue.
- Debt-to-asset ratio: 35.9%.
Frequently Asked Questions about Doors Of Hope
Is Doors Of Hope a legitimate charity?
Based on AI analysis of IRS 990 filings, Doors Of Hope (EIN: 274987364) insufficient data. 0 red flags identified, 0 strengths noted.
How does Doors Of Hope spend its money?
Detailed spending breakdown data is not yet available for Doors Of Hope. Check back for updated IRS 990 analysis.
Are donations to Doors Of Hope tax-deductible?
Doors Of Hope is registered as a tax-exempt nonprofit (EIN: 274987364). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Doors Of Hope located?
Doors Of Hope is headquartered in Murfreesboro, Tennessee and files with the IRS under EIN 274987364. It is classified under NTEE code I40.
How many years of IRS 990 filings does Doors Of Hope have?
Doors 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. The most recent filing shows $1.3M in total revenue.
Filing History
IRS 990 filing history for Doors Of Hope showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Doors Of Hope's revenue has grown by 1453.6%, moving from $99K to $1.5M. Total assets increased by 33969.4% over the same period, from $6K to $1.9M. Total functional expenses rose by 1690.8%, from $99K to $1.8M. In its most recent filing year (2023), Doors Of Hope reported a deficit of $229K, with expenses exceeding revenue. The organization holds $682K in liabilities against $1.9M in assets (debt-to-asset ratio: 35.9%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.8M | $1.9M | $682K | — | — |
| 2022 | $2.3M | $1.6M | $2.2M | $788K | — | View 990 |
| 2021 | $890K | $764K | $1.0M | $352K | — | — |
| 2020 | $566K | $580K | $914K | $363K | — | View 990 |
| 2019 | $490K | $524K | $870K | $304K | — | View 990 |
| 2018 | $614K | $464K | $908K | $311K | — | View 990 |
| 2017 | $259K | $276K | $634K | $187K | — | View 990 |
| 2016 | $254K | $236K | $549K | $85K | — | View 990 |
| 2015 | $416K | $184K | $446K | $0 | — | View 990 |
| 2014 | $319K | $110K | $215K | $0 | — | View 990 |
| 2013 | $99K | $99K | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.8M, and assets of $1.9M (revenue -33.5% year-over-year).
- 2022: Revenue of $2.3M, expenses of $1.6M, and assets of $2.2M (revenue +161.1% year-over-year).
- 2021: Revenue of $890K, expenses of $764K, and assets of $1.0M (revenue +57.3% year-over-year).
- 2020: Revenue of $566K, expenses of $580K, and assets of $914K (revenue +15.5% year-over-year).
- 2019: Revenue of $490K, expenses of $524K, and assets of $870K (revenue -20.2% year-over-year).
- 2018: Revenue of $614K, expenses of $464K, and assets of $908K (revenue +137.4% year-over-year).
- 2017: Revenue of $259K, expenses of $276K, and assets of $634K (revenue +1.8% year-over-year).
- 2016: Revenue of $254K, expenses of $236K, and assets of $549K (revenue -38.9% year-over-year).
- 2015: Revenue of $416K, expenses of $184K, and assets of $446K (revenue +30.4% year-over-year).
- 2014: Revenue of $319K, expenses of $110K, and assets of $215K (revenue +220.7% year-over-year).
- 2013: Revenue of $99K, expenses of $99K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Doors Of Hope:
Data Sources and Methodology
This transparency report for Doors 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.