Give Hope Foundation
Give Hope Foundation maintains stable assets and zero executive compensation despite fluctuating annual revenues.
EIN: 202472387 · Reno, NV · NTEE: E12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $144K |
| Total Expenses | $151K |
| Program Spending | 85% |
| Net Assets | $393K |
| Transparency Score | 85/100 |
Is Give Hope Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Give Hope Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Give Hope Foundation
Give Hope Foundation (EIN: 202472387) is a nonprofit organization based in Reno, NV, classified under NTEE code E12. The organization reported total revenue of $144K and total assets of $302K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Give Hope Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Give Hope Foundation is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $149K |
| Total Expenses | $151K |
| Surplus / Deficit | $-1,662 |
| Total Assets | $394K |
| Total Liabilities | $500 |
| Net Assets | $393K |
| Operating Margin | -1.1% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 31.3 months |
Financial Health Grade: B
In 2023, Give Hope Foundation reported a deficit of $2K with expenses exceeding revenue, holds 31.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Give Hope Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +47.2% | +66.4% | -2.2% |
| 2022 | -71.2% | +9.0% | +4.7% |
| 2021 | +866.9% | -3.0% | +233.0% |
| 2020 | -61.9% | +35.0% | -30.0% |
| 2019 | -20.2% | -10.9% | +24.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Give Hope Foundation 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, Give Hope Foundation 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 $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size.
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 Give Hope Foundation's IRS 990 filings:
- Inconsistent annual revenue, making future financial planning potentially challenging.
- Operational deficit in the latest filing period (202312), with expenses exceeding revenue by $1,662.
Strengths
The following positive indicators were identified for Give Hope Foundation:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Significant growth in assets over the past decade, from $90,784 in 2014 to $393,641 in 2023.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
- Low liabilities, indicating sound financial management and minimal debt burden.
Frequently Asked Questions about Give Hope Foundation
Is Give Hope Foundation a legitimate charity?
Give Hope Foundation (EIN: 202472387) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $144K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Give Hope Foundation spend its money?
Give Hope Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Give Hope Foundation tax-deductible?
Give Hope Foundation is registered as a tax-exempt nonprofit (EIN: 202472387). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Give Hope Foundation's spending goes to programs?
Give Hope Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Give Hope Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Give Hope Foundation is above average for NTEE category E12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Give Hope Foundation located?
Give Hope Foundation is headquartered in Reno, Nevada and files with the IRS under EIN 202472387. It is classified under NTEE code E12.
How many years of IRS 990 filings does Give Hope Foundation have?
Give Hope Foundation 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 $144K in total revenue.
Is Give Hope Foundation a good charity?
Based on the available data, Give Hope Foundation appears to be a good charity. It has a long history of IRS 990 filings, demonstrates consistent asset growth, and notably reports 0% officer compensation, suggesting a strong commitment to directing funds towards its mission.
How has Give Hope Foundation's financial health changed over time?
Give Hope Foundation's financial health has generally improved, with assets growing from $90,784 in 2014 to $393,641 in 2023. While annual revenues and expenses have fluctuated, the organization has maintained a positive net asset position and low liabilities.
What is the trend in Give Hope Foundation's revenue?
Give Hope Foundation's revenue has shown significant fluctuations, ranging from a low of $36,412 in 202012 to a high of $352,076 in 202112. The latest revenue of $149,465 in 202312 is within its typical range but lower than its peak.
Filing History
IRS 990 filing history for Give Hope Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Give Hope Foundation's revenue has grown by 119.1%, moving from $68K to $149K. Total assets increased by 491.9% over the same period, from $67K to $394K. Total functional expenses rose by 111.6%, from $71K to $151K. In its most recent filing year (2023), Give Hope Foundation reported a deficit of $2K, with expenses exceeding revenue. The organization holds $500 in liabilities against $394K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $393K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $149K | $151K | $394K | $500 | — | View 990 |
| 2022 | $102K | $91K | $402K | $8K | — | View 990 |
| 2021 | $352K | $83K | $384K | $0 | — | View 990 |
| 2020 | $36K | $86K | $115K | $0 | — | View 990 |
| 2019 | $96K | $64K | $165K | $0 | — | View 990 |
| 2018 | $120K | $71K | $133K | $0 | — | View 990 |
| 2017 | $75K | $90K | $85K | $0 | — | View 990 |
| 2016 | $68K | $67K | $99K | $0 | — | View 990 |
| 2015 | $95K | $87K | $98K | $0 | — | View 990 |
| 2014 | $78K | $59K | $91K | $0 | — | View 990 |
| 2013 | $66K | $58K | $71K | $0 | — | View 990 |
| 2012 | $83K | $87K | $63K | $0 | — | View 990 |
| 2011 | $68K | $71K | $67K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $149K, expenses of $151K, and assets of $394K (revenue +47.2% year-over-year).
- 2022: Revenue of $102K, expenses of $91K, and assets of $402K (revenue -71.2% year-over-year).
- 2021: Revenue of $352K, expenses of $83K, and assets of $384K (revenue +866.9% year-over-year).
- 2020: Revenue of $36K, expenses of $86K, and assets of $115K (revenue -61.9% year-over-year).
- 2019: Revenue of $96K, expenses of $64K, and assets of $165K (revenue -20.2% year-over-year).
- 2018: Revenue of $120K, expenses of $71K, and assets of $133K (revenue +58.7% year-over-year).
- 2017: Revenue of $75K, expenses of $90K, and assets of $85K (revenue +10.9% year-over-year).
- 2016: Revenue of $68K, expenses of $67K, and assets of $99K (revenue -28.3% year-over-year).
- 2015: Revenue of $95K, expenses of $87K, and assets of $98K (revenue +21.4% year-over-year).
- 2014: Revenue of $78K, expenses of $59K, and assets of $91K (revenue +18.0% year-over-year).
- 2013: Revenue of $66K, expenses of $58K, and assets of $71K (revenue -19.9% year-over-year).
- 2012: Revenue of $83K, expenses of $87K, and assets of $63K (revenue +21.3% year-over-year).
- 2011: Revenue of $68K, expenses of $71K, and assets of $67K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Give Hope Foundation:
Data Sources and Methodology
This transparency report for Give Hope Foundation 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.