Erins Hope For Friends Inc
EIN: 465358623 · Roswell, GA · NTEE: P80
| Metric | Value |
|---|---|
| Total Revenue | $304K |
| Total Expenses | $213K |
| Net Assets | $235K |
Is Erins Hope For Friends Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Erins Hope For Friends Inc
Erins Hope For Friends Inc (EIN: 465358623) is a nonprofit organization based in Roswell, GA, classified under NTEE code P80. The organization reported total revenue of $304K and total assets of $212K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Erins Hope For Friends Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Erins Hope For Friends Inc is a small nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2014–2022). Revenue has grown at a compound annual rate of 16.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $239K |
| Total Expenses | $213K |
| Surplus / Deficit | +$26K |
| Total Assets | $352K |
| Total Liabilities | $116K |
| Net Assets | $235K |
| Operating Margin | 10.8% |
| Debt-to-Asset Ratio | 33.1% |
| Months of Reserves | 19.8 months |
Financial Health Grade: A
In 2022, Erins Hope For Friends Inc reported a surplus of $26K with revenue exceeding expenses, holds 19.8 months of operating reserves (strong position), has a debt-to-asset ratio of 33.1% (moderate leverage).
Financial Trends
Over 9 years of filings (2014–2022), Erins Hope For Friends Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +31.8% | +38.9% | +67.5% |
| 2021 | +26.3% | -9.1% | +15.2% |
| 2020 | -42.4% | +0.8% | -12.1% |
| 2019 | +43.3% | -7.2% | +65.2% |
| 2018 | +4.4% | +27.6% | -5.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Erins Hope For Friends Inc 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 Erins Hope For Friends Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.1%.
Frequently Asked Questions about Erins Hope For Friends Inc
Is Erins Hope For Friends Inc a legitimate charity?
Erins Hope For Friends Inc (EIN: 465358623) is a registered tax-exempt nonprofit based in Georgia. It has 9 years of IRS 990 filings on record. Total revenue: $304K. No red flags identified. Financial health grade: A.
How does Erins Hope For Friends Inc spend its money?
Erins Hope For Friends Inc reported $304K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Erins Hope For Friends Inc tax-deductible?
Erins Hope For Friends Inc is registered as a tax-exempt nonprofit (EIN: 465358623). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Erins Hope For Friends Inc located?
Erins Hope For Friends Inc is headquartered in Roswell, Georgia and files with the IRS under EIN 465358623. It is classified under NTEE code P80.
How many years of IRS 990 filings does Erins Hope For Friends Inc have?
Erins Hope For Friends Inc 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. The most recent filing shows $304K in total revenue.
Filing History
IRS 990 filing history for Erins Hope For Friends Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2014–2022), Erins Hope For Friends Inc's revenue has grown by 247%, moving from $69K to $239K. Total assets increased by 428.7% over the same period, from $67K to $352K. Total functional expenses rose by 9365.7%, from $2K to $213K. In its most recent filing year (2022), Erins Hope For Friends Inc reported a surplus of $26K, with revenue exceeding expenses. The organization holds $116K in liabilities against $352K in assets (debt-to-asset ratio: 33.1%), resulting in net assets of $235K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $239K | $213K | $352K | $116K | — | View 990 |
| 2021 | $181K | $153K | $210K | $0 | — | View 990 |
| 2020 | $143K | $169K | $182K | $133 | — | View 990 |
| 2019 | $249K | $167K | $207K | $0 | — | View 990 |
| 2018 | $174K | $180K | $126K | $0 | — | View 990 |
| 2017 | $166K | $141K | $133K | $0 | — | View 990 |
| 2016 | $98K | $76K | $108K | $0 | — | View 990 |
| 2015 | $42K | $23K | $86K | $0 | — | View 990 |
| 2014 | $69K | $2K | $67K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $239K, expenses of $213K, and assets of $352K (revenue +31.8% year-over-year).
- 2021: Revenue of $181K, expenses of $153K, and assets of $210K (revenue +26.3% year-over-year).
- 2020: Revenue of $143K, expenses of $169K, and assets of $182K (revenue -42.4% year-over-year).
- 2019: Revenue of $249K, expenses of $167K, and assets of $207K (revenue +43.3% year-over-year).
- 2018: Revenue of $174K, expenses of $180K, and assets of $126K (revenue +4.4% year-over-year).
- 2017: Revenue of $166K, expenses of $141K, and assets of $133K (revenue +69.1% year-over-year).
- 2016: Revenue of $98K, expenses of $76K, and assets of $108K (revenue +135.3% year-over-year).
- 2015: Revenue of $42K, expenses of $23K, and assets of $86K (revenue -39.2% year-over-year).
- 2014: Revenue of $69K, expenses of $2K, and assets of $67K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Erins Hope For Friends Inc:
Data Sources and Methodology
This transparency report for Erins Hope For Friends Inc 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.