Give Hope 2 Kids
EIN: 421668231 · Waconia, MN · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $325K |
| Total Expenses | $299K |
| Net Assets | $839K |
Is Give Hope 2 Kids Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Give Hope 2 Kids
Give Hope 2 Kids (EIN: 421668231) is a nonprofit organization based in Waconia, MN, classified under NTEE code Q33. The organization reported total revenue of $325K and total assets of $993K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Give Hope 2 Kids's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Give Hope 2 Kids 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 8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $326K |
| Total Expenses | $299K |
| Surplus / Deficit | +$27K |
| Total Assets | $982K |
| Total Liabilities | $143K |
| Net Assets | $839K |
| Operating Margin | 8.2% |
| Debt-to-Asset Ratio | 14.5% |
| Months of Reserves | 39.3 months |
Financial Health Grade: A
In 2023, Give Hope 2 Kids reported a surplus of $27K with revenue exceeding expenses, holds 39.3 months of operating reserves (strong position), has a debt-to-asset ratio of 14.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Give Hope 2 Kids's revenue has grown at a compound annual growth rate (CAGR) of 8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.0% | +9.0% | +0.8% |
| 2022 | +3.9% | +8.9% | +1.4% |
| 2021 | +15.3% | +15.4% | +3.7% |
| 2020 | -4.6% | +11.0% | +30.8% |
| 2019 | +6.3% | +1.4% | +8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Give Hope 2 Kids 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 Give Hope 2 Kids 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 surplus of $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.5%.
Frequently Asked Questions about Give Hope 2 Kids
Is Give Hope 2 Kids a legitimate charity?
Based on AI analysis of IRS 990 filings, Give Hope 2 Kids (EIN: 421668231) insufficient data. 0 red flags identified, 0 strengths noted.
How does Give Hope 2 Kids spend its money?
Detailed spending breakdown data is not yet available for Give Hope 2 Kids. Check back for updated IRS 990 analysis.
Are donations to Give Hope 2 Kids tax-deductible?
Give Hope 2 Kids is registered as a tax-exempt nonprofit (EIN: 421668231). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Give Hope 2 Kids located?
Give Hope 2 Kids is headquartered in Waconia, Minnesota and files with the IRS under EIN 421668231. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Give Hope 2 Kids have?
Give Hope 2 Kids 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 $325K in total revenue.
Filing History
IRS 990 filing history for Give Hope 2 Kids showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Give Hope 2 Kids's revenue has grown by 153.9%, moving from $128K to $326K. Total assets increased by 248.4% over the same period, from $282K to $982K. Total functional expenses rose by 256.4%, from $84K to $299K. In its most recent filing year (2023), Give Hope 2 Kids reported a surplus of $27K, with revenue exceeding expenses. The organization holds $143K in liabilities against $982K in assets (debt-to-asset ratio: 14.5%), resulting in net assets of $839K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $326K | $299K | $982K | $143K | — | — |
| 2022 | $323K | $275K | $974K | $162K | — | View 990 |
| 2021 | $311K | $252K | $961K | $197K | — | View 990 |
| 2020 | $270K | $219K | $927K | $221K | — | — |
| 2019 | $283K | $197K | $709K | $54K | — | View 990 |
| 2018 | $266K | $194K | $656K | $88K | — | View 990 |
| 2017 | $308K | $179K | $503K | $6K | — | View 990 |
| 2016 | $160K | $143K | $373K | $5K | — | View 990 |
| 2015 | $166K | $123K | $369K | $4K | — | View 990 |
| 2014 | $190K | $157K | $337K | $520 | — | View 990 |
| 2013 | $168K | $157K | $304K | $780 | — | View 990 |
| 2012 | $157K | $112K | $327K | $384 | — | View 990 |
| 2011 | $128K | $84K | $282K | $273 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $326K, expenses of $299K, and assets of $982K (revenue +1.0% year-over-year).
- 2022: Revenue of $323K, expenses of $275K, and assets of $974K (revenue +3.9% year-over-year).
- 2021: Revenue of $311K, expenses of $252K, and assets of $961K (revenue +15.3% year-over-year).
- 2020: Revenue of $270K, expenses of $219K, and assets of $927K (revenue -4.6% year-over-year).
- 2019: Revenue of $283K, expenses of $197K, and assets of $709K (revenue +6.3% year-over-year).
- 2018: Revenue of $266K, expenses of $194K, and assets of $656K (revenue -13.7% year-over-year).
- 2017: Revenue of $308K, expenses of $179K, and assets of $503K (revenue +92.5% year-over-year).
- 2016: Revenue of $160K, expenses of $143K, and assets of $373K (revenue -3.4% year-over-year).
- 2015: Revenue of $166K, expenses of $123K, and assets of $369K (revenue -12.4% year-over-year).
- 2014: Revenue of $190K, expenses of $157K, and assets of $337K (revenue +13.1% year-over-year).
- 2013: Revenue of $168K, expenses of $157K, and assets of $304K (revenue +6.6% year-over-year).
- 2012: Revenue of $157K, expenses of $112K, and assets of $327K (revenue +22.4% year-over-year).
- 2011: Revenue of $128K, expenses of $84K, and assets of $282K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Give Hope 2 Kids:
Data Sources and Methodology
This transparency report for Give Hope 2 Kids 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.