Future And Hope Inc
Future And Hope Inc maintains strong financial health with growing assets and zero liabilities, reporting no officer compensation.
EIN: 204705409 · Jerome, ID · NTEE: P31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $276K |
| Total Expenses | $378K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.9M |
| Transparency Score | 92/100 |
Is Future And Hope Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Future And Hope Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Future And Hope Inc
Future And Hope Inc (EIN: 204705409) is a nonprofit organization based in Jerome, ID, classified under NTEE code P31. The organization reported total revenue of $276K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Future And Hope Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Future And Hope Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $407K |
| Total Expenses | $378K |
| Surplus / Deficit | +$29K |
| Total Assets | $1.9M |
| Net Assets | $1.9M |
| Operating Margin | 7.1% |
| Months of Reserves | 61.5 months |
Financial Health Grade: A
In 2023, Future And Hope Inc reported a surplus of $29K with revenue exceeding expenses, holds 61.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Future And Hope Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +48.4% | +186.2% | +1.5% |
| 2022 | +10.7% | +19.9% | +8.0% |
| 2021 | +1.1% | -41.3% | +8.4% |
| 2020 | -33.3% | -2.6% | +3.6% |
| 2019 | +128.4% | +124.2% | +12.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Future And Hope Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Future And Hope Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $29K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with nearly $2 million in assets and over $400,000 in annual revenue. This suggests either a fully volunteer-led executive team or that compensation is structured in a way not reported as officer compensation on the 990, which warrants further inquiry for complete transparency.
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 Future And Hope Inc's IRS 990 filings:
- 0% officer compensation reported across all filings, which is unusual for an organization of this size and could indicate compensation is reported in other categories or a fully volunteer executive team, warranting further clarification.
Strengths
The following positive indicators were identified for Future And Hope Inc:
- Strong and consistently growing asset base, reaching $1,936,384 in 2023.
- Zero reported liabilities across all 13 filings, indicating excellent financial stability.
- Consistent history of expenses being significantly lower than revenue, allowing for asset growth.
- 13 years of consistent IRS 990 filings, demonstrating strong transparency and compliance.
- Reported 0% officer compensation, suggesting a high dedication to mission and efficient use of funds.
Frequently Asked Questions about Future And Hope Inc
Is Future And Hope Inc a legitimate charity?
Future And Hope Inc (EIN: 204705409) is a registered tax-exempt nonprofit based in Idaho. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $276K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Future And Hope Inc spend its money?
Future And Hope Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Future And Hope Inc tax-deductible?
Future And Hope Inc is registered as a tax-exempt nonprofit (EIN: 204705409). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Future And Hope Inc CEO make?
Future And Hope Inc's highest-compensated officer earns $2 annually. The organization reported $276K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Future And Hope Inc's spending goes to programs?
Future And Hope Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Future And Hope Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Future And Hope Inc is above average for NTEE category P31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Future And Hope Inc located?
Future And Hope Inc is headquartered in Jerome, Idaho and files with the IRS under EIN 204705409. It is classified under NTEE code P31.
How many years of IRS 990 filings does Future And Hope Inc have?
Future And Hope Inc has 13 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 $276K in total revenue.
Is Future And Hope Inc a good charity?
Based on the available IRS 990 data, Future And Hope Inc appears to be a financially sound and efficient charity. It boasts a strong asset base, zero liabilities, and a history of low expenses relative to revenue, allowing for consistent asset growth. The reported 0% officer compensation is a significant positive for donor confidence, suggesting a high dedication to mission over personal gain.
How has Future And Hope Inc's financial health changed over time?
Future And Hope Inc has shown consistent financial growth. Its assets have steadily increased from $708,308 in 2014 to $1,936,384 in 2023. Revenue has fluctuated year-to-year but generally trended upwards, with expenses typically well below revenue, contributing to this asset accumulation. Liabilities have remained at $0 throughout its filing history.
What is the organization's spending efficiency?
The organization demonstrates strong spending efficiency. For example, in 2022, expenses were $131,970 against revenues of $273,943, indicating that a significant portion of revenue was not consumed by operational costs. In 2023, expenses were $377,648 against revenues of $406,577, showing a higher but still efficient spending ratio, with a surplus of nearly $29,000.
Does Future And Hope Inc pay its officers?
According to all available IRS 990 filings, Future And Hope Inc reports 0% officer compensation. This indicates that either the organization's officers are entirely volunteer-based, or their compensation is structured and reported in a category other than 'officer compensation' on the 990 form.
Filing History
IRS 990 filing history for Future And Hope Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Future And Hope Inc's revenue has grown by 131.4%, moving from $176K to $407K. Total assets increased by 308.8% over the same period, from $474K to $1.9M. Total functional expenses rose by 441.7%, from $70K to $378K. In its most recent filing year (2023), Future And Hope Inc reported a surplus of $29K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $407K | $378K | $1.9M | $0 | — | — |
| 2022 | $274K | $132K | $1.9M | $0 | — | — |
| 2021 | $247K | $110K | $1.8M | $0 | — | View 990 |
| 2020 | $245K | $188K | $1.6M | $0 | — | View 990 |
| 2019 | $367K | $193K | $1.6M | $0 | — | View 990 |
| 2018 | $161K | $86K | $1.4M | $0 | — | View 990 |
| 2017 | $385K | $136K | $1.3M | $0 | — | View 990 |
| 2016 | $280K | $125K | $1.1M | $0 | — | View 990 |
| 2015 | $307K | $98K | $918K | $0 | — | View 990 |
| 2014 | $240K | $120K | $708K | $0 | — | View 990 |
| 2013 | $194K | $105K | $588K | $0 | — | View 990 |
| 2012 | $178K | $152K | $499K | $0 | — | View 990 |
| 2011 | $176K | $70K | $474K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $407K, expenses of $378K, and assets of $1.9M (revenue +48.4% year-over-year).
- 2022: Revenue of $274K, expenses of $132K, and assets of $1.9M (revenue +10.7% year-over-year).
- 2021: Revenue of $247K, expenses of $110K, and assets of $1.8M (revenue +1.1% year-over-year).
- 2020: Revenue of $245K, expenses of $188K, and assets of $1.6M (revenue -33.3% year-over-year).
- 2019: Revenue of $367K, expenses of $193K, and assets of $1.6M (revenue +128.4% year-over-year).
- 2018: Revenue of $161K, expenses of $86K, and assets of $1.4M (revenue -58.3% year-over-year).
- 2017: Revenue of $385K, expenses of $136K, and assets of $1.3M (revenue +37.5% year-over-year).
- 2016: Revenue of $280K, expenses of $125K, and assets of $1.1M (revenue -8.7% year-over-year).
- 2015: Revenue of $307K, expenses of $98K, and assets of $918K (revenue +27.8% year-over-year).
- 2014: Revenue of $240K, expenses of $120K, and assets of $708K (revenue +23.8% year-over-year).
- 2013: Revenue of $194K, expenses of $105K, and assets of $588K (revenue +9.2% year-over-year).
- 2012: Revenue of $178K, expenses of $152K, and assets of $499K (revenue +1.1% year-over-year).
- 2011: Revenue of $176K, expenses of $70K, and assets of $474K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Future And Hope Inc:
Data Sources and Methodology
This transparency report for Future And Hope Inc 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.