Global Hope Partners
EIN: 871179283 · Bloomingdale, IL · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $750K |
| Total Expenses | $747K |
| Net Assets | $555K |
Is Global Hope Partners Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Global Hope Partners
Global Hope Partners (EIN: 871179283) is a nonprofit organization based in Bloomingdale, IL, classified under NTEE code Q33. The organization reported total revenue of $750K and total assets of $474K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Global Hope Partners's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Global Hope Partners is a small nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2022–2024). Revenue has grown at a compound annual rate of -7.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $617K |
| Total Expenses | $747K |
| Surplus / Deficit | $-130,524 |
| Total Assets | $559K |
| Total Liabilities | $4K |
| Net Assets | $555K |
| Operating Margin | -21.2% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 9.0 months |
Financial Health Grade: B
In 2024, Global Hope Partners reported a deficit of $131K with expenses exceeding revenue, holds 9.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 3 years of filings (2022–2024), Global Hope Partners's revenue has declined at a compound annual growth rate (CAGR) of -7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -4.4% | +27.2% | -19.0% |
| 2023 | -9.6% | +580.4% | +9.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Global Hope Partners 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 Global Hope Partners 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $131K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.7%.
Frequently Asked Questions about Global Hope Partners
Is Global Hope Partners a legitimate charity?
Global Hope Partners (EIN: 871179283) is a registered tax-exempt nonprofit based in Illinois. It has 3 years of IRS 990 filings on record. Total revenue: $750K. No red flags identified. Financial health grade: B.
How does Global Hope Partners spend its money?
Global Hope Partners reported $750K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Global Hope Partners tax-deductible?
Global Hope Partners is registered as a tax-exempt nonprofit (EIN: 871179283). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Global Hope Partners located?
Global Hope Partners is headquartered in Bloomingdale, Illinois and files with the IRS under EIN 871179283. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Global Hope Partners have?
Global Hope Partners has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $750K in total revenue.
Filing History
IRS 990 filing history for Global Hope Partners showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2022–2024), Global Hope Partners's revenue has declined by 13.6%, moving from $714K to $617K. Total assets decreased by 11.5% over the same period, from $632K to $559K. Total functional expenses rose by 765.7%, from $86K to $747K. In its most recent filing year (2024), Global Hope Partners reported a deficit of $131K, with expenses exceeding revenue. The organization holds $4K in liabilities against $559K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $555K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $617K | $747K | $559K | $4K | — | — |
| 2023 | $646K | $587K | $690K | $4K | — | View 990 |
| 2022 | $714K | $86K | $632K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $617K, expenses of $747K, and assets of $559K (revenue -4.4% year-over-year).
- 2023: Revenue of $646K, expenses of $587K, and assets of $690K (revenue -9.6% year-over-year).
- 2022: Revenue of $714K, expenses of $86K, and assets of $632K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Global Hope Partners:
Data Sources and Methodology
This transparency report for Global Hope Partners 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.