Fort Worth Hope Center
Fort Worth Hope Center consistently operates near break-even with no reported officer compensation.
EIN: 10801061 · Fort Worth, TX · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.9M |
| Total Expenses | $7.3M |
| Program Spending | 85% |
| Net Assets | $438K |
| Transparency Score | 85/100 |
Is Fort Worth Hope Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fort Worth Hope Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fort Worth Hope Center
Fort Worth Hope Center (EIN: 10801061) is a nonprofit organization based in Fort Worth, TX, classified under NTEE code P20. The organization reported total revenue of $9.9M and total assets of $512K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fort Worth Hope Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fort Worth Hope Center is a mid-size nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.2M |
| Total Expenses | $7.3M |
| Surplus / Deficit | $-84,052 |
| Total Assets | $607K |
| Total Liabilities | $169K |
| Net Assets | $438K |
| Operating Margin | -1.2% |
| Debt-to-Asset Ratio | 27.9% |
| Months of Reserves | 1.0 months |
Financial Health Grade: C
In 2023, Fort Worth Hope Center reported a deficit of $84K with expenses exceeding revenue, holds 1.0 months of operating reserves (limited), has a debt-to-asset ratio of 27.9% (moderate leverage).
Financial Trends
Over 14 years of filings (2009–2023), Fort Worth Hope Center's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -36.3% | -36.5% | -14.3% |
| 2022 | +128.5% | +138.6% | -19.3% |
| 2021 | +6.7% | +4.5% | +15.7% |
| 2020 | +9.2% | +7.1% | +33.0% |
| 2019 | -8.6% | -5.2% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fort Worth Hope Center with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Fort Worth Hope Center allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $84K, with expenses exceeding revenue.
- Debt-to-asset ratio: 27.9%.
Executive Compensation Analysis
Fort Worth Hope Center consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual for an organization of its size with annual revenues often exceeding several million dollars.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Fort Worth Hope Center's IRS 990 filings:
- Significant year-over-year revenue fluctuations could indicate unstable funding sources or program variability.
- Increasing liabilities in recent years, from $40,668 in 2019 to $169,177 in 2023, warrants monitoring.
Strengths
The following positive indicators were identified for Fort Worth Hope Center:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds to mission.
- Long and consistent IRS 990 filing history (14 filings), demonstrating transparency and compliance.
- Expenses consistently track revenue, suggesting tight financial management and avoiding significant deficits.
- Healthy asset-to-liability ratio (e.g., 3.59:1 in 2023), indicating financial stability.
Frequently Asked Questions about Fort Worth Hope Center
Is Fort Worth Hope Center a legitimate charity?
Fort Worth Hope Center (EIN: 10801061) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $9.9M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Fort Worth Hope Center spend its money?
Fort Worth Hope Center directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Fort Worth Hope Center tax-deductible?
Fort Worth Hope Center is registered as a tax-exempt nonprofit (EIN: 10801061). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fort Worth Hope Center's spending goes to programs?
Fort Worth Hope Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fort Worth Hope Center compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Fort Worth Hope Center is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fort Worth Hope Center located?
Fort Worth Hope Center is headquartered in Fort Worth, Texas and files with the IRS under EIN 10801061. It is classified under NTEE code P20.
How many years of IRS 990 filings does Fort Worth Hope Center have?
Fort Worth Hope Center has 14 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 $9.9M in total revenue.
Is Fort Worth Hope Center a good charity?
Based on the provided data, Fort Worth Hope Center exhibits strong indicators of a good charity, particularly due to its consistent reporting of 0% officer compensation and a history of operating close to its revenue, suggesting efficient use of funds. However, a full assessment would benefit from detailed functional expense breakdowns.
How has Fort Worth Hope Center's revenue trended over time?
Fort Worth Hope Center's revenue has shown significant fluctuation, ranging from a low of $3,334,701 in 2017 to a high of $11,268,790 in 2022, and settling at $7,179,847 in 2023. This indicates variability in funding or operational scale year-to-year.
What is the organization's asset-to-liability ratio?
In 2023, Fort Worth Hope Center had assets of $607,036 and liabilities of $169,177, resulting in an asset-to-liability ratio of approximately 3.59:1, which indicates a healthy financial position where assets significantly cover liabilities.
Filing History
IRS 990 filing history for Fort Worth Hope Center showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2009–2023), Fort Worth Hope Center's revenue has grown by 137.1%, moving from $3.0M to $7.2M. Total assets increased by 1.4% over the same period, from $599K to $607K. Total functional expenses rose by 135.9%, from $3.1M to $7.3M. In its most recent filing year (2023), Fort Worth Hope Center reported a deficit of $84K, with expenses exceeding revenue. The organization holds $169K in liabilities against $607K in assets (debt-to-asset ratio: 27.9%), resulting in net assets of $438K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.2M | $7.3M | $607K | $169K | — | — |
| 2022 | $11.3M | $11.4M | $708K | $184K | — | View 990 |
| 2021 | $4.9M | $4.8M | $877K | $180K | — | View 990 |
| 2020 | $4.6M | $4.6M | $758K | $196K | — | View 990 |
| 2019 | $4.2M | $4.3M | $570K | $41K | — | View 990 |
| 2018 | $4.6M | $4.5M | $579K | $44K | — | View 990 |
| 2017 | $3.3M | $3.4M | $416K | $42K | — | — |
| 2016 | $4.1M | $4.1M | $507K | $26K | — | View 990 |
| 2015 | $3.4M | $3.4M | $485K | $8K | — | View 990 |
| 2014 | $3.9M | $4.0M | $476K | $1K | — | View 990 |
| 2013 | $3.8M | $3.8M | $517K | $3K | — | View 990 |
| 2012 | $4.4M | $4.4M | $515K | $334 | — | View 990 |
| 2011 | $4.8M | $4.9M | $454K | $0 | — | View 990 |
| 2009 | $3.0M | $3.1M | $599K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.2M, expenses of $7.3M, and assets of $607K (revenue -36.3% year-over-year).
- 2022: Revenue of $11.3M, expenses of $11.4M, and assets of $708K (revenue +128.5% year-over-year).
- 2021: Revenue of $4.9M, expenses of $4.8M, and assets of $877K (revenue +6.7% year-over-year).
- 2020: Revenue of $4.6M, expenses of $4.6M, and assets of $758K (revenue +9.2% year-over-year).
- 2019: Revenue of $4.2M, expenses of $4.3M, and assets of $570K (revenue -8.6% year-over-year).
- 2018: Revenue of $4.6M, expenses of $4.5M, and assets of $579K (revenue +38.8% year-over-year).
- 2017: Revenue of $3.3M, expenses of $3.4M, and assets of $416K (revenue -19.4% year-over-year).
- 2016: Revenue of $4.1M, expenses of $4.1M, and assets of $507K (revenue +21.1% year-over-year).
- 2015: Revenue of $3.4M, expenses of $3.4M, and assets of $485K (revenue -13.6% year-over-year).
- 2014: Revenue of $3.9M, expenses of $4.0M, and assets of $476K (revenue +3.9% year-over-year).
- 2013: Revenue of $3.8M, expenses of $3.8M, and assets of $517K (revenue -14.3% year-over-year).
- 2012: Revenue of $4.4M, expenses of $4.4M, and assets of $515K (revenue -7.6% year-over-year).
- 2011: Revenue of $4.8M, expenses of $4.9M, and assets of $454K (revenue +58.4% year-over-year).
- 2009: Revenue of $3.0M, expenses of $3.1M, and assets of $599K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fort Worth Hope Center:
Data Sources and Methodology
This transparency report for Fort Worth Hope Center 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.