Face Of Hope Foundation
EIN: 271916249 · Nokomis, FL · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $613K |
| Net Assets | $-179,887 |
Is Face 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 Face Of Hope Foundation
Face Of Hope Foundation (EIN: 271916249) is a nonprofit organization based in Nokomis, FL, classified under NTEE code Q33. The organization reported total revenue of $1.6M and total assets of $21K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Face Of Hope Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Face Of Hope Foundation is a mid-size nonprofit that has been operating for 15 years, with 9 years of IRS 990 filings on record (2014–2022). Revenue has grown at a compound annual rate of 18.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $571K |
| Total Expenses | $613K |
| Surplus / Deficit | $-42,333 |
| Total Assets | $121K |
| Total Liabilities | $301K |
| Net Assets | $-179,887 |
| Operating Margin | -7.4% |
| Debt-to-Asset Ratio | 248.8% |
| Months of Reserves | 2.4 months |
Financial Health Grade: D
In 2022, Face Of Hope Foundation reported a deficit of $42K with expenses exceeding revenue, holds 2.4 months of operating reserves (limited), has a debt-to-asset ratio of 248.8% (high leverage).
Financial Trends
Over 9 years of filings (2014–2022), Face Of Hope Foundation's revenue has grown at a compound annual growth rate (CAGR) of 18.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +45.3% | +47.1% | +734.9% |
| 2021 | -22.8% | -34.2% | -64.3% |
| 2020 | +44.0% | +88.2% | +285.6% |
| 2019 | +123.0% | +45.0% | -30.8% |
| 2018 | -48.0% | -21.4% | -77.4% |
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 Face 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 Face 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $42K, with expenses exceeding revenue.
- Debt-to-asset ratio: 248.8%.
Frequently Asked Questions about Face Of Hope Foundation
Is Face Of Hope Foundation a legitimate charity?
Face Of Hope Foundation (EIN: 271916249) is a registered tax-exempt nonprofit based in Florida. It has 9 years of IRS 990 filings on record. Total revenue: $1.6M. No red flags identified. Financial health grade: D.
How does Face Of Hope Foundation spend its money?
Face Of Hope Foundation reported $1.6M in total revenue 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 Face Of Hope Foundation tax-deductible?
Face Of Hope Foundation is registered as a tax-exempt nonprofit (EIN: 271916249). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Face Of Hope Foundation located?
Face Of Hope Foundation is headquartered in Nokomis, Florida and files with the IRS under EIN 271916249. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Face Of Hope Foundation have?
Face 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. The most recent filing shows $1.6M in total revenue.
Filing History
IRS 990 filing history for Face Of Hope Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2014–2022), Face Of Hope Foundation's revenue has grown by 289.8%, moving from $146K to $571K. Total assets increased by 1827.6% over the same period, from $6K to $121K. Total functional expenses rose by 317.9%, from $147K to $613K. In its most recent filing year (2022), Face Of Hope Foundation reported a deficit of $42K, with expenses exceeding revenue. The organization holds $301K in liabilities against $121K in assets (debt-to-asset ratio: 248.8%), resulting in net assets of $-179,887.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $571K | $613K | $121K | $301K | — | — |
| 2021 | $393K | $417K | $14K | $152K | — | View 990 |
| 2020 | $509K | $633K | $41K | $154K | — | View 990 |
| 2019 | $353K | $336K | $11K | $0 | — | View 990 |
| 2018 | $158K | $232K | $15K | $22K | — | View 990 |
| 2017 | $305K | $295K | $67K | $0 | — | View 990 |
| 2016 | $339K | $306K | $69K | $11K | — | View 990 |
| 2015 | $170K | $148K | $29K | $2K | — | View 990 |
| 2014 | $146K | $147K | $6K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $571K, expenses of $613K, and assets of $121K (revenue +45.3% year-over-year).
- 2021: Revenue of $393K, expenses of $417K, and assets of $14K (revenue -22.8% year-over-year).
- 2020: Revenue of $509K, expenses of $633K, and assets of $41K (revenue +44.0% year-over-year).
- 2019: Revenue of $353K, expenses of $336K, and assets of $11K (revenue +123.0% year-over-year).
- 2018: Revenue of $158K, expenses of $232K, and assets of $15K (revenue -48.0% year-over-year).
- 2017: Revenue of $305K, expenses of $295K, and assets of $67K (revenue -10.2% year-over-year).
- 2016: Revenue of $339K, expenses of $306K, and assets of $69K (revenue +99.6% year-over-year).
- 2015: Revenue of $170K, expenses of $148K, and assets of $29K (revenue +16.1% year-over-year).
- 2014: Revenue of $146K, expenses of $147K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Face Of Hope Foundation:
Data Sources and Methodology
This transparency report for Face 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.