Friends Of Our Lady Of Hope Parishin Moscow Association
Friends Of Our Lady Of Hope Parishin Moscow Association faces severe financial deficits and asset depletion.
EIN: 208916342 · Providence, RI · NTEE: X12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $496K |
| Program Spending | 70% |
| Net Assets | $30K |
| Transparency Score | 30/100 |
Is Friends Of Our Lady Of Hope Parishin Moscow Association Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Our Lady Of Hope Parishin Moscow Association directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Friends Of Our Lady Of Hope Parishin Moscow Association
Friends Of Our Lady Of Hope Parishin Moscow Association (EIN: 208916342) is a nonprofit organization based in Providence, RI, classified under NTEE code X12. 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 Friends Of Our Lady Of Hope Parishin Moscow Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Our Lady Of Hope Parishin Moscow Association is a micro nonprofit that has been operating for 18 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17K |
| Total Expenses | $496K |
| Surplus / Deficit | $-478,995 |
| Total Assets | $30K |
| Net Assets | $30K |
| Operating Margin | -2812.7% |
| Months of Reserves | 0.7 months |
Financial Health Grade: C
In 2023, Friends Of Our Lady Of Hope Parishin Moscow Association reported a deficit of $479K with expenses exceeding revenue, holds 0.7 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2010–2023), Friends Of Our Lady Of Hope Parishin Moscow Association's revenue has declined at a compound annual growth rate (CAGR) of -10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +275.1% | +821.6% | -94.2% |
| 2022 | +86.0% | -6.1% | -8.8% |
| 2021 | -78.8% | -28.5% | -9.0% |
| 2020 | -74.8% | -94.4% | -10.2% |
| 2019 | +20.3% | +129733.9% | -66.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Friends Of Our Lady Of Hope Parishin Moscow Association with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Friends Of Our Lady Of Hope Parishin Moscow Association allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $479K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is unpaid, which is commendable for a nonprofit of its size, especially given its financial struggles.
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 Friends Of Our Lady Of Hope Parishin Moscow Association's IRS 990 filings:
- Consistent and significant operating deficits (e.g., $17,030 revenue vs. $496,025 expenses in 202312).
- Dramatic decline in assets from over $2 million to under $30,000 in five years.
- Revenue generation appears insufficient to cover operational costs.
- Lack of detailed expense breakdown prevents a thorough analysis of spending efficiency.
Strengths
The following positive indicators were identified for Friends Of Our Lady Of Hope Parishin Moscow Association:
- No reported officer compensation, indicating a volunteer-led or unpaid leadership.
Frequently Asked Questions about Friends Of Our Lady Of Hope Parishin Moscow Association
Is Friends Of Our Lady Of Hope Parishin Moscow Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Our Lady Of Hope Parishin Moscow Association (EIN: 208916342) significant concerns. Mission Score: 30/100. 4 red flags identified, 1 strength noted.
How does Friends Of Our Lady Of Hope Parishin Moscow Association spend its money?
Friends Of Our Lady Of Hope Parishin Moscow Association directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of Our Lady Of Hope Parishin Moscow Association tax-deductible?
Friends Of Our Lady Of Hope Parishin Moscow Association is registered as a tax-exempt nonprofit (EIN: 208916342). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of Our Lady Of Hope Parishin Moscow Association's spending goes to programs?
Friends Of Our Lady Of Hope Parishin Moscow Association directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Friends Of Our Lady Of Hope Parishin Moscow Association compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Friends Of Our Lady Of Hope Parishin Moscow Association is below average for NTEE category X12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Our Lady Of Hope Parishin Moscow Association located?
Friends Of Our Lady Of Hope Parishin Moscow Association is headquartered in Providence, Rhode Island and files with the IRS under EIN 208916342. It is classified under NTEE code X12.
How many years of IRS 990 filings does Friends Of Our Lady Of Hope Parishin Moscow Association have?
Friends Of Our Lady Of Hope Parishin Moscow Association 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.
Is Friends Of Our Lady Of Hope Parishin Moscow Association financially sustainable?
Based on the provided data, the organization is not financially sustainable, consistently spending significantly more than it earns, as evidenced by $496,025 in expenses against $17,030 in revenue in 202312.
What caused the dramatic decline in assets?
The data shows a sharp decline in assets from over $2 million in 201812 to under $30,000 in 202312. Without more detailed financial statements, the specific causes (e.g., asset sales, significant program spending, investment losses) cannot be determined, but it represents a major change in the organization's financial structure.
How does the organization cover its large deficits?
The consistent and large deficits suggest the organization is either drawing down on reserves (which are now largely depleted), receiving undisclosed non-cash contributions, or facing significant financial distress. The asset depletion is a clear indicator of how past deficits may have been covered.
Filing History
IRS 990 filing history for Friends Of Our Lady Of Hope Parishin Moscow Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Friends Of Our Lady Of Hope Parishin Moscow Association's revenue has declined by 77.3%, moving from $75K to $17K. Total assets decreased by 98.3% over the same period, from $1.8M to $30K. Total functional expenses rose by 1760.4%, from $27K to $496K. In its most recent filing year (2023), Friends Of Our Lady Of Hope Parishin Moscow Association reported a deficit of $479K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17K | $496K | $30K | $0 | — | — |
| 2022 | $5K | $54K | $509K | $0 | — | View 990 |
| 2021 | $2K | $57K | $558K | $0 | — | View 990 |
| 2020 | $12K | $80K | $613K | $0 | — | — |
| 2019 | $46K | $1.4M | $682K | $0 | — | View 990 |
| 2018 | $38K | $1K | $2.1M | $0 | — | View 990 |
| 2017 | $59K | $38K | $2.0M | $0 | — | View 990 |
| 2016 | $16K | $1K | $2.0M | $0 | — | View 990 |
| 2015 | $11K | $1K | $2.0M | $0 | — | View 990 |
| 2014 | $7K | $295 | $2.0M | $0 | — | View 990 |
| 2013 | $81K | $376 | $2.0M | $0 | — | View 990 |
| 2012 | $69K | $2K | $1.9M | $0 | — | View 990 |
| 2011 | $57K | $626 | $1.8M | $0 | — | View 990 |
| 2010 | $75K | $27K | $1.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17K, expenses of $496K, and assets of $30K (revenue +275.1% year-over-year).
- 2022: Revenue of $5K, expenses of $54K, and assets of $509K (revenue +86.0% year-over-year).
- 2021: Revenue of $2K, expenses of $57K, and assets of $558K (revenue -78.8% year-over-year).
- 2020: Revenue of $12K, expenses of $80K, and assets of $613K (revenue -74.8% year-over-year).
- 2019: Revenue of $46K, expenses of $1.4M, and assets of $682K (revenue +20.3% year-over-year).
- 2018: Revenue of $38K, expenses of $1K, and assets of $2.1M (revenue -35.5% year-over-year).
- 2017: Revenue of $59K, expenses of $38K, and assets of $2.0M (revenue +264.0% year-over-year).
- 2016: Revenue of $16K, expenses of $1K, and assets of $2.0M (revenue +46.3% year-over-year).
- 2015: Revenue of $11K, expenses of $1K, and assets of $2.0M (revenue +53.2% year-over-year).
- 2014: Revenue of $7K, expenses of $295, and assets of $2.0M (revenue -91.1% year-over-year).
- 2013: Revenue of $81K, expenses of $376, and assets of $2.0M (revenue +17.1% year-over-year).
- 2012: Revenue of $69K, expenses of $2K, and assets of $1.9M (revenue +21.2% year-over-year).
- 2011: Revenue of $57K, expenses of $626, and assets of $1.8M (revenue -24.1% year-over-year).
- 2010: Revenue of $75K, expenses of $27K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Our Lady Of Hope Parishin Moscow Association:
Data Sources and Methodology
This transparency report for Friends Of Our Lady Of Hope Parishin Moscow Association 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.