Honduras Hope
Honduras Hope consistently spends more than it earns, drawing down assets.
EIN: 161722583 · Franconia, NH · NTEE: P80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $93K |
| Total Expenses | $105K |
| Program Spending | 85% |
| Net Assets | $26K |
| Transparency Score | 75/100 |
Is Honduras Hope Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Honduras Hope directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Honduras Hope
Honduras Hope (EIN: 161722583) is a nonprofit organization based in Franconia, NH, classified under NTEE code P80. The organization reported total revenue of $93K and total assets of $24K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Honduras Hope's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Honduras Hope is a micro 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 -2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $99K |
| Total Expenses | $105K |
| Surplus / Deficit | $-6,315 |
| Total Assets | $26K |
| Net Assets | $26K |
| Operating Margin | -6.4% |
| Months of Reserves | 3.0 months |
Financial Health Grade: B
In 2023, Honduras Hope reported a deficit of $6K with expenses exceeding revenue, holds 3.0 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Honduras Hope's revenue has declined at a compound annual growth rate (CAGR) of -2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.1% | +4.0% | -19.4% |
| 2022 | -6.5% | +12.0% | -21.4% |
| 2021 | +1.5% | -0.3% | +0.1% |
| 2020 | +1.5% | -11.6% | -11.2% |
| 2019 | -11.0% | +2.1% | -21.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Honduras Hope 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, Honduras Hope 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 $6K, with expenses exceeding revenue.
Executive Compensation Analysis
Honduras Hope consistently reports 0% officer compensation across all available filings, indicating a volunteer-led or extremely lean executive structure, which is commendable for maximizing funds for its 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 Honduras Hope's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) in multiple recent years (e.g., 2023, 2022, 2019, 2017, 2014).
- Declining asset base from $59,019 in 2018 to $26,278 in 2023, indicating reliance on reserves.
Strengths
The following positive indicators were identified for Honduras Hope:
- Zero reported officer compensation across all filings, indicating a highly efficient or volunteer-led executive structure.
- Consistent revenue generation around $90,000-$100,000 annually over a decade, showing stable donor support.
- Low liabilities, with $0 reported in 2023 and 2022, indicating good financial management of debt.
Frequently Asked Questions about Honduras Hope
Is Honduras Hope a legitimate charity?
Based on AI analysis of IRS 990 filings, Honduras Hope (EIN: 161722583) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Honduras Hope spend its money?
Honduras Hope directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Honduras Hope tax-deductible?
Honduras Hope is registered as a tax-exempt nonprofit (EIN: 161722583). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Honduras Hope's spending goes to programs?
Honduras Hope directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Honduras Hope compare to similar nonprofits?
With a transparency score of 75/100 (Good), Honduras Hope is above average for NTEE category P80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Honduras Hope located?
Honduras Hope is headquartered in Franconia, New Hampshire and files with the IRS under EIN 161722583. It is classified under NTEE code P80.
How many years of IRS 990 filings does Honduras Hope have?
Honduras Hope 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 $93K in total revenue.
Is Honduras Hope financially sustainable?
The organization has frequently reported expenses exceeding revenue in recent years (e.g., 2023, 2022, 2019, 2017, 2014), leading to a decline in assets from $59,019 in 2018 to $26,278 in 2023. This trend suggests potential long-term sustainability challenges if not addressed.
How does Honduras Hope manage its administrative costs?
With 0% officer compensation reported across all filings, Honduras Hope appears to have very low administrative overhead related to executive salaries, suggesting a highly efficient or volunteer-driven administrative model.
What is the trend in Honduras Hope's assets?
Honduras Hope's assets have generally declined since 2018, from a peak of $59,019 to $26,278 in 2023, indicating that the organization has been using its reserves to cover operational deficits.
Filing History
IRS 990 filing history for Honduras Hope showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Honduras Hope's revenue has declined by 22.7%, moving from $127K to $99K. Total assets decreased by 67% over the same period, from $80K to $26K. Total functional expenses rose by 24.6%, from $84K to $105K. In its most recent filing year (2023), Honduras Hope reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $99K | $105K | $26K | $0 | — | View 990 |
| 2022 | $92K | $101K | $33K | $0 | — | View 990 |
| 2021 | $98K | $90K | $41K | $0 | — | View 990 |
| 2020 | $97K | $90K | $41K | $8K | — | — |
| 2019 | $95K | $102K | $47K | $20K | — | View 990 |
| 2018 | $107K | $100K | $59K | $26K | — | View 990 |
| 2017 | $83K | $97K | $31K | $4K | — | — |
| 2016 | $102K | $81K | $43K | $3K | — | View 990 |
| 2015 | $109K | $108K | $22K | $3K | — | View 990 |
| 2014 | $94K | $104K | $18K | $984 | — | View 990 |
| 2013 | $76K | $79K | $28K | $1K | — | View 990 |
| 2012 | $65K | $85K | $16K | $0 | — | View 990 |
| 2011 | $127K | $84K | $80K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $99K, expenses of $105K, and assets of $26K (revenue +7.1% year-over-year).
- 2022: Revenue of $92K, expenses of $101K, and assets of $33K (revenue -6.5% year-over-year).
- 2021: Revenue of $98K, expenses of $90K, and assets of $41K (revenue +1.5% year-over-year).
- 2020: Revenue of $97K, expenses of $90K, and assets of $41K (revenue +1.5% year-over-year).
- 2019: Revenue of $95K, expenses of $102K, and assets of $47K (revenue -11.0% year-over-year).
- 2018: Revenue of $107K, expenses of $100K, and assets of $59K (revenue +28.8% year-over-year).
- 2017: Revenue of $83K, expenses of $97K, and assets of $31K (revenue -18.6% year-over-year).
- 2016: Revenue of $102K, expenses of $81K, and assets of $43K (revenue -6.3% year-over-year).
- 2015: Revenue of $109K, expenses of $108K, and assets of $22K (revenue +15.8% year-over-year).
- 2014: Revenue of $94K, expenses of $104K, and assets of $18K (revenue +24.5% year-over-year).
- 2013: Revenue of $76K, expenses of $79K, and assets of $28K (revenue +16.3% year-over-year).
- 2012: Revenue of $65K, expenses of $85K, and assets of $16K (revenue -48.9% year-over-year).
- 2011: Revenue of $127K, expenses of $84K, and assets of $80K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Honduras Hope:
Data Sources and Methodology
This transparency report for Honduras Hope 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.