Fob Hope
EIN: 813325838 · Puyallup, WA · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $641K |
| Total Expenses | $676K |
| Net Assets | $-171,639 |
Is Fob Hope Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fob Hope
Fob Hope (EIN: 813325838) is a nonprofit organization based in Puyallup, WA, classified under NTEE code P20. The organization reported total revenue of $641K and total assets of $47K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fob Hope's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fob Hope is a small nonprofit that has been operating for 9 years, with 3 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 39.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $641K |
| Total Expenses | $676K |
| Surplus / Deficit | $-35,002 |
| Total Assets | $47K |
| Total Liabilities | $219K |
| Net Assets | $-171,639 |
| Operating Margin | -5.5% |
| Debt-to-Asset Ratio | 464.8% |
| Months of Reserves | 0.8 months |
Financial Health Grade: D
In 2023, Fob Hope reported a deficit of $35K with expenses exceeding revenue, holds 0.8 months of operating reserves (limited), has a debt-to-asset ratio of 464.8% (high leverage).
Financial Trends
Over 3 years of filings (2020–2023), Fob Hope's revenue has grown at a compound annual growth rate (CAGR) of 39.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +164.5% | +178.9% | -85.0% |
| 2021 | +2.8% | +11.7% | +27.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fob 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 Fob 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 $35K, with expenses exceeding revenue.
- Debt-to-asset ratio: 464.8%.
Frequently Asked Questions about Fob Hope
Is Fob Hope a legitimate charity?
Fob Hope (EIN: 813325838) is a registered tax-exempt nonprofit based in Washington. It has 3 years of IRS 990 filings on record. Total revenue: $641K. No red flags identified. Financial health grade: D.
How does Fob Hope spend its money?
Fob Hope reported $641K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fob Hope tax-deductible?
Fob Hope is registered as a tax-exempt nonprofit (EIN: 813325838). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fob Hope located?
Fob Hope is headquartered in Puyallup, Washington and files with the IRS under EIN 813325838. It is classified under NTEE code P20.
How many years of IRS 990 filings does Fob Hope have?
Fob Hope has 3 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 $641K in total revenue.
Filing History
IRS 990 filing history for Fob Hope showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2020–2023), Fob Hope's revenue has grown by 171.8%, moving from $236K to $641K. Total assets decreased by 80.9% over the same period, from $246K to $47K. Total functional expenses rose by 211.5%, from $217K to $676K. In its most recent filing year (2023), Fob Hope reported a deficit of $35K, with expenses exceeding revenue. The organization holds $219K in liabilities against $47K in assets (debt-to-asset ratio: 464.8%), resulting in net assets of $-171,639.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $641K | $676K | $47K | $219K | — | — |
| 2021 | $242K | $242K | $313K | $313K | — | — |
| 2020 | $236K | $217K | $246K | $188K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $641K, expenses of $676K, and assets of $47K (revenue +164.5% year-over-year).
- 2021: Revenue of $242K, expenses of $242K, and assets of $313K (revenue +2.8% year-over-year).
- 2020: Revenue of $236K, expenses of $217K, and assets of $246K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fob Hope:
Data Sources and Methodology
This transparency report for Fob 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.