Hope & A Future Iii Inc
EIN: 271019237 · Madison, WI · NTEE: L20
| Metric | Value |
|---|---|
| Total Revenue | $547K |
| Total Expenses | $385K |
| Net Assets | $724K |
Is Hope & A Future Iii Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hope & A Future Iii Inc
Hope & A Future Iii Inc (EIN: 271019237) is a nonprofit organization based in Madison, WI, classified under NTEE code L20. The organization reported total revenue of $547K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope & A Future Iii Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope & A Future Iii Inc is a small nonprofit that has been operating for 16 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $523K |
| Total Expenses | $385K |
| Surplus / Deficit | +$138K |
| Total Assets | $1.4M |
| Total Liabilities | $691K |
| Net Assets | $724K |
| Operating Margin | 26.4% |
| Debt-to-Asset Ratio | 48.8% |
| Months of Reserves | 44.2 months |
Financial Health Grade: A
In 2023, Hope & A Future Iii Inc reported a surplus of $138K with revenue exceeding expenses, holds 44.2 months of operating reserves (strong position), has a debt-to-asset ratio of 48.8% (moderate leverage).
Financial Trends
Over 11 years of filings (2013–2023), Hope & A Future Iii Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.1% | +26.2% | +8.9% |
| 2022 | +35.2% | +4.6% | +11.4% |
| 2021 | +19.2% | +10.7% | +4.2% |
| 2020 | +14.5% | +18.5% | +2.2% |
| 2019 | -4.3% | -2.9% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hope & A Future Iii Inc 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 Hope & A Future Iii Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $138K, with revenue exceeding expenses.
- Debt-to-asset ratio: 48.8%.
Frequently Asked Questions about Hope & A Future Iii Inc
Is Hope & A Future Iii Inc a legitimate charity?
Hope & A Future Iii Inc (EIN: 271019237) is a registered tax-exempt nonprofit based in Wisconsin. It has 11 years of IRS 990 filings on record. Total revenue: $547K. No red flags identified. Financial health grade: A.
How does Hope & A Future Iii Inc spend its money?
Hope & A Future Iii Inc reported $547K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hope & A Future Iii Inc tax-deductible?
Hope & A Future Iii Inc is registered as a tax-exempt nonprofit (EIN: 271019237). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hope & A Future Iii Inc located?
Hope & A Future Iii Inc is headquartered in Madison, Wisconsin and files with the IRS under EIN 271019237. It is classified under NTEE code L20.
How many years of IRS 990 filings does Hope & A Future Iii Inc have?
Hope & A Future Iii Inc has 11 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 $547K in total revenue.
Filing History
IRS 990 filing history for Hope & A Future Iii Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Hope & A Future Iii Inc's revenue has grown by 126.9%, moving from $230K to $523K. Total assets increased by 67.6% over the same period, from $845K to $1.4M. Total functional expenses rose by 108.1%, from $185K to $385K. In its most recent filing year (2023), Hope & A Future Iii Inc reported a surplus of $138K, with revenue exceeding expenses. The organization holds $691K in liabilities against $1.4M in assets (debt-to-asset ratio: 48.8%), resulting in net assets of $724K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $523K | $385K | $1.4M | $691K | — | — |
| 2022 | $471K | $305K | $1.3M | $714K | — | — |
| 2021 | $348K | $291K | $1.2M | $746K | — | — |
| 2020 | $292K | $263K | $1.1M | $756K | — | View 990 |
| 2019 | $255K | $222K | $1.1M | $760K | — | View 990 |
| 2018 | $267K | $229K | $1.1M | $797K | — | View 990 |
| 2017 | $408K | $232K | $1.1M | $830K | — | View 990 |
| 2016 | $222K | $212K | $794K | $705K | — | View 990 |
| 2015 | $286K | $234K | $861K | $736K | — | View 990 |
| 2014 | $257K | $241K | $838K | $766K | — | View 990 |
| 2013 | $230K | $185K | $845K | $788K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $523K, expenses of $385K, and assets of $1.4M (revenue +11.1% year-over-year).
- 2022: Revenue of $471K, expenses of $305K, and assets of $1.3M (revenue +35.2% year-over-year).
- 2021: Revenue of $348K, expenses of $291K, and assets of $1.2M (revenue +19.2% year-over-year).
- 2020: Revenue of $292K, expenses of $263K, and assets of $1.1M (revenue +14.5% year-over-year).
- 2019: Revenue of $255K, expenses of $222K, and assets of $1.1M (revenue -4.3% year-over-year).
- 2018: Revenue of $267K, expenses of $229K, and assets of $1.1M (revenue -34.6% year-over-year).
- 2017: Revenue of $408K, expenses of $232K, and assets of $1.1M (revenue +83.7% year-over-year).
- 2016: Revenue of $222K, expenses of $212K, and assets of $794K (revenue -22.4% year-over-year).
- 2015: Revenue of $286K, expenses of $234K, and assets of $861K (revenue +11.3% year-over-year).
- 2014: Revenue of $257K, expenses of $241K, and assets of $838K (revenue +11.5% year-over-year).
- 2013: Revenue of $230K, expenses of $185K, and assets of $845K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope & A Future Iii Inc:
Data Sources and Methodology
This transparency report for Hope & A Future Iii 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.