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
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
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
- admin: 10%
- programs: 85%
- fundraising: 5%
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:
- Inconsistent financial performance with significant revenue fluctuations, including $0 revenue in 2020.
- Expenses exceeded revenue in multiple periods (e.g., 2022: $1,083,078 expenses vs. $946,421 revenue; 2019: $621,365 expenses vs. $611,486 revenue), indicating deficit spending.
- Assets decreased significantly from $397,867 in 2021 to $216,418 in 2022, potentially due to deficit spending.
Strengths
The following positive indicators were identified for Home Of Hope International Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating a strong commitment to directing funds to programs.
- Significant revenue growth over the past decade, from $41,129 in 2014 to $946,421 in 2022 (excluding 2020).
- Consistently reports $0 liabilities, indicating a healthy balance sheet free of debt.
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.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 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
- 2022: Revenue of $946K, expenses of $1.1M, and assets of $216K (revenue +24.7% year-over-year).
- 2021: Revenue of $759K, expenses of $570K, and assets of $398K.
- 2020: Revenue of $0, expenses of $0, and assets of $84K (revenue -100.0% year-over-year).
- 2019: Revenue of $611K, expenses of $621K, and assets of $84K (revenue +2.1% year-over-year).
- 2018: Revenue of $599K, expenses of $578K, and assets of $93K (revenue +19.5% year-over-year).
- 2017: Revenue of $501K, expenses of $490K, and assets of $73K (revenue +51.1% year-over-year).
- 2016: Revenue of $331K, expenses of $333K, and assets of $62K (revenue +507.8% year-over-year).
- 2015: Revenue of $55K, expenses of $60K, and assets of $63K (revenue +32.6% year-over-year).
- 2014: Revenue of $41K, expenses of $46K, and assets of $68K (revenue -70.9% year-over-year).
- 2013: Revenue of $141K, expenses of $138K, and assets of $73K (revenue -20.9% year-over-year).
- 2012: Revenue of $178K, expenses of $189K, and assets of $70K (revenue +124.2% year-over-year).
- 2011: Revenue of $80K, expenses of $57K, and assets of $81K (revenue +30.9% year-over-year).
- 2010: Revenue of $61K, expenses of $25K, and assets of $58K.
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.