Family Hope
EIN: 455051108 · Scarborough, ME · NTEE: E86
| Metric | Value |
|---|---|
| Total Expenses | $3K |
| Net Assets | $525 |
Is Family Hope Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Family Hope
Family Hope (EIN: 455051108) is a nonprofit organization based in Scarborough, ME, classified under NTEE code E86. 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 Family Hope's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Hope is a micro nonprofit that has been operating for 14 years, with 8 years of IRS 990 filings on record (2012–2019). Revenue has grown at a compound annual rate of -33.9%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $3K |
| Total Expenses | $3K |
| Surplus / Deficit | +$203 |
| Total Assets | $525 |
| Net Assets | $525 |
| Operating Margin | 7.1% |
| Months of Reserves | 2.4 months |
Financial Health Grade: A
In 2019, Family Hope reported a surplus of $203 with revenue exceeding expenses, holds 2.4 months of operating reserves (limited).
Financial Trends
Over 8 years of filings (2012–2019), Family Hope's revenue has declined at a compound annual growth rate (CAGR) of -33.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -84.0% | -93.0% | +0.0% |
| 2018 | -54.3% | -57.5% | -97.4% |
| 2017 | -72.4% | -31.2% | -71.2% |
| 2016 | +98.1% | +26.8% | +20.0% |
| 2015 | -49.2% | +4.9% | -33.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Family 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 Family 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $203, with revenue exceeding expenses.
Frequently Asked Questions about Family Hope
Is Family Hope a legitimate charity?
Based on AI analysis of IRS 990 filings, Family Hope (EIN: 455051108) insufficient data. 0 red flags identified, 0 strengths noted.
How does Family Hope spend its money?
Detailed spending breakdown data is not yet available for Family Hope. Check back for updated IRS 990 analysis.
Are donations to Family Hope tax-deductible?
Family Hope is registered as a tax-exempt nonprofit (EIN: 455051108). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Family Hope located?
Family Hope is headquartered in Scarborough, Maine and files with the IRS under EIN 455051108. It is classified under NTEE code E86.
How many years of IRS 990 filings does Family Hope have?
Family Hope has 8 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 Family Hope showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2012–2019), Family Hope's revenue has declined by 94.5%, moving from $52K to $3K. Total assets decreased by 96.3% over the same period, from $14K to $525. Total functional expenses fell by 92.9%, from $38K to $3K. In its most recent filing year (2019), Family Hope reported a surplus of $203, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $3K | $3K | $525 | $0 | — | View 990 |
| 2018 | $18K | $38K | $525 | $203 | — | View 990 |
| 2017 | $39K | $89K | $20K | $0 | — | View 990 |
| 2016 | $142K | $130K | $71K | $43 | — | View 990 |
| 2015 | $72K | $102K | $59K | $647 | — | View 990 |
| 2014 | $141K | $98K | $89K | $32 | — | View 990 |
| 2013 | $120K | $89K | $45K | $0 | — | View 990 |
| 2012 | $52K | $38K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $3K, expenses of $3K, and assets of $525 (revenue -84.0% year-over-year).
- 2018: Revenue of $18K, expenses of $38K, and assets of $525 (revenue -54.3% year-over-year).
- 2017: Revenue of $39K, expenses of $89K, and assets of $20K (revenue -72.4% year-over-year).
- 2016: Revenue of $142K, expenses of $130K, and assets of $71K (revenue +98.1% year-over-year).
- 2015: Revenue of $72K, expenses of $102K, and assets of $59K (revenue -49.2% year-over-year).
- 2014: Revenue of $141K, expenses of $98K, and assets of $89K (revenue +17.3% year-over-year).
- 2013: Revenue of $120K, expenses of $89K, and assets of $45K (revenue +132.1% year-over-year).
- 2012: Revenue of $52K, expenses of $38K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Hope:
Data Sources and Methodology
This transparency report for Family 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.