Home Of Hope International Inc

Home Of Hope International Inc shows revenue growth but inconsistent financial performance with deficit spending in recent years and no reported officer compensation.

EIN: 200966471 · Bonita Spgs, FL · NTEE: P730 · Updated: 2026-03-28

$624KRevenue
$113KAssets
75/100Mission Score (Good)
P730

About Home Of Hope International Inc

Home Of Hope International Inc (EIN: 200966471) is a nonprofit organization based in Bonita Spgs, FL, classified under NTEE code P730. The organization reported total revenue of $624K and total assets of $113K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Home Of Hope International Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Home Of Hope International Inc demonstrates a mixed financial picture. While the organization has shown significant revenue growth over the past decade, peaking at $946,421 in 2022, it also reported expenses exceeding revenue in several periods, notably in 2022 where expenses were $1,083,078 against revenues of $946,421. This indicates a deficit spending trend in some years, which could impact long-term sustainability if not managed. The organization consistently reports zero liabilities and zero officer compensation, which are positive indicators of financial stability and a commitment to directing funds towards its mission rather than executive salaries. The organization's assets have fluctuated, reaching a high of $397,867 in 2021 before dropping to $216,418 in 2022. The absence of officer compensation across all reported periods is a strong point for transparency and efficiency, suggesting that leadership is either volunteer-based or compensated through other means not reported as officer compensation on the 990. However, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency beyond the lack of executive pay. The significant revenue volatility, including a year with zero reported revenue and expenses (2020), warrants further investigation to understand the underlying operational stability. Overall, Home Of Hope International Inc appears to be a lean organization with a focus on its mission, as evidenced by the lack of executive compensation. However, the inconsistent financial performance, particularly the deficit spending in recent years and the unexplained zero activity in 2020, suggests potential operational challenges or reporting inconsistencies that could impact its long-term financial health and transparency. Further details on program spending versus administrative and fundraising costs would provide a clearer picture of its efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Home Of Hope International Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Home Of Hope International Inc 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through non-officer roles, which is a strong positive for directing funds to the mission.

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 Home Of Hope International Inc's IRS 990 filings:

Strengths

The following positive indicators were identified for Home Of Hope International Inc:

Frequently Asked Questions about Home Of Hope International Inc

Why did Home Of Hope International Inc report zero revenue and expenses in 2020?

The 2020 filing shows $0 revenue and $0 expenses, which is unusual for an active nonprofit and could indicate a reporting anomaly, a temporary cessation of activities, or a change in filing requirements for that period.

How does Home Of Hope International Inc cover its expenses when revenue is less than expenses, as seen in 2022?

In 2022, expenses ($1,083,078) exceeded revenue ($946,421) by $136,657. This deficit spending would typically be covered by drawing down on accumulated assets or reserves from prior profitable years, or potentially through unreported funding sources.

What is the long-term sustainability outlook given the fluctuating revenues and occasional deficit spending?

The fluctuating revenues and periods of deficit spending, such as in 2022, suggest potential challenges to long-term financial sustainability if not managed effectively. Consistent revenue generation and expense control are crucial for stability.

Filing History

IRS 990 filing history for Home Of Hope International Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2010–2022), Home Of Hope International Inc's revenue has grown by 1456.4%, moving from $61K to $946K. Total assets increased by 272.4% over the same period, from $58K to $216K. Total functional expenses rose by 4232%, from $25K to $1.1M. In its most recent filing year (2022), Home Of Hope International Inc reported a deficit of $137K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2022 $946K $1.1M $216K $0
2021 $759K $570K $398K $0 View 990
2020 $0 $0 $84K $0 View 990
2019 $611K $621K $84K $0 View 990
2018 $599K $578K $93K $0 View 990
2017 $501K $490K $73K $0 View 990
2016 $331K $333K $62K $0 View 990
2015 $55K $60K $63K $0 View 990
2014 $41K $46K $68K $0 View 990
2013 $141K $138K $73K $0 View 990
2012 $178K $189K $70K $0 View 990
2011 $80K $57K $81K $0 View 990
2010 $61K $25K $58K $0 View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Home Of Hope International 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.

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