Hope Bridge
EIN: 921734347 · Hartville, OH · NTEE: P30
| Metric | Value |
|---|---|
| Total Revenue | $709K |
| Total Expenses | $364K |
| Net Assets | $173K |
Is Hope Bridge Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hope Bridge
Hope Bridge (EIN: 921734347) is a nonprofit organization based in Hartville, OH, classified under NTEE code P30. The organization reported total revenue of $709K and total assets of $279K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope Bridge's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope Bridge is a small nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2023–2024). Revenue has grown at a compound annual rate of 1592.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $507K |
| Total Expenses | $364K |
| Surplus / Deficit | +$143K |
| Total Assets | $174K |
| Total Liabilities | $2K |
| Net Assets | $173K |
| Operating Margin | 28.2% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 5.7 months |
Financial Health Grade: A
In 2024, Hope Bridge reported a surplus of $143K with revenue exceeding expenses, holds 5.7 months of operating reserves (adequate), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 2 years of filings (2023–2024), Hope Bridge's revenue has grown at a compound annual growth rate (CAGR) of 1592.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +1592.1% | +102260.4% | +488.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hope Bridge 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 Bridge 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 surplus of $143K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Frequently Asked Questions about Hope Bridge
Is Hope Bridge a legitimate charity?
Based on AI analysis of IRS 990 filings, Hope Bridge (EIN: 921734347) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hope Bridge spend its money?
Detailed spending breakdown data is not yet available for Hope Bridge. Check back for updated IRS 990 analysis.
Are donations to Hope Bridge tax-deductible?
Hope Bridge is registered as a tax-exempt nonprofit (EIN: 921734347). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hope Bridge located?
Hope Bridge is headquartered in Hartville, Ohio and files with the IRS under EIN 921734347. It is classified under NTEE code P30.
How many years of IRS 990 filings does Hope Bridge have?
Hope Bridge has 2 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 $709K in total revenue.
Filing History
IRS 990 filing history for Hope Bridge showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2023–2024), Hope Bridge's revenue has grown by 1592.1%, moving from $30K to $507K. Total assets increased by 488.1% over the same period, from $30K to $174K. Total functional expenses rose by 102260.4%, from $356 to $364K. In its most recent filing year (2024), Hope Bridge reported a surplus of $143K, with revenue exceeding expenses. The organization holds $2K in liabilities against $174K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $173K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $507K | $364K | $174K | $2K | — | — |
| 2023 | $30K | $356 | $30K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope Bridge:
Data Sources and Methodology
This transparency report for Hope Bridge 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.