Hope Cancer Resources
EIN: 710595593 · Springdale, AR · NTEE: E300
| Metric | Value |
|---|---|
| Total Revenue | $4.8M |
| Total Expenses | $4.3M |
| Net Assets | $294K |
Is Hope Cancer Resources Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hope Cancer Resources
Hope Cancer Resources (EIN: 710595593) is a nonprofit organization based in Springdale, AR, classified under NTEE code E300. The organization reported total revenue of $4.8M and total assets of $535K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope Cancer Resources's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope Cancer Resources is a mid-size nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.3M |
| Total Expenses | $4.3M |
| Surplus / Deficit | +$84K |
| Total Assets | $559K |
| Total Liabilities | $265K |
| Net Assets | $294K |
| Operating Margin | 1.9% |
| Debt-to-Asset Ratio | 47.3% |
| Months of Reserves | 1.6 months |
Financial Health Grade: A
In 2023, Hope Cancer Resources reported a surplus of $84K with revenue exceeding expenses, holds 1.6 months of operating reserves (limited), has a debt-to-asset ratio of 47.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hope Cancer Resources's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.5% | +6.1% | +13.4% |
| 2022 | +11.5% | +10.8% | +18.8% |
| 2021 | +4.1% | +10.2% | +12.7% |
| 2020 | +9.9% | +3.0% | +96.1% |
| 2019 | -5.5% | -6.3% | -15.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hope Cancer Resources 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 Cancer Resources 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 $84K, with revenue exceeding expenses.
- Debt-to-asset ratio: 47.3%.
Frequently Asked Questions about Hope Cancer Resources
Is Hope Cancer Resources a legitimate charity?
Hope Cancer Resources (EIN: 710595593) is a registered tax-exempt nonprofit based in Arkansas. It has 13 years of IRS 990 filings on record. Total revenue: $4.8M. No red flags identified. Financial health grade: A.
How does Hope Cancer Resources spend its money?
Hope Cancer Resources reported $4.8M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hope Cancer Resources tax-deductible?
Hope Cancer Resources is registered as a tax-exempt nonprofit (EIN: 710595593). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hope Cancer Resources located?
Hope Cancer Resources is headquartered in Springdale, Arkansas and files with the IRS under EIN 710595593. It is classified under NTEE code E300.
How many years of IRS 990 filings does Hope Cancer Resources have?
Hope Cancer Resources 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 $4.8M in total revenue.
Filing History
IRS 990 filing history for Hope Cancer Resources showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hope Cancer Resources's revenue has grown by 60.4%, moving from $2.7M to $4.3M. Total assets increased by 247.9% over the same period, from $161K to $559K. Total functional expenses rose by 57.9%, from $2.7M to $4.3M. In its most recent filing year (2023), Hope Cancer Resources reported a surplus of $84K, with revenue exceeding expenses. The organization holds $265K in liabilities against $559K in assets (debt-to-asset ratio: 47.3%), resulting in net assets of $294K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.3M | $4.3M | $559K | $265K | — | — |
| 2022 | $4.0M | $4.0M | $493K | $283K | — | View 990 |
| 2021 | $3.6M | $3.6M | $415K | $233K | — | View 990 |
| 2020 | $3.5M | $3.3M | $368K | $190K | — | — |
| 2019 | $3.2M | $3.2M | $188K | $206K | — | View 990 |
| 2018 | $3.3M | $3.4M | $223K | $220K | — | View 990 |
| 2017 | $3.2M | $3.1M | $254K | $198K | — | View 990 |
| 2016 | $2.9M | $2.9M | $243K | $223K | — | View 990 |
| 2015 | $2.6M | $2.6M | $120K | $164K | — | View 990 |
| 2014 | $2.3M | $2.4M | $99K | $149K | — | View 990 |
| 2013 | $2.2M | $2.3M | $172K | $114K | — | View 990 |
| 2012 | $2.4M | $2.4M | $224K | $103K | — | View 990 |
| 2011 | $2.7M | $2.7M | $161K | $96K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.3M, expenses of $4.3M, and assets of $559K (revenue +7.5% year-over-year).
- 2022: Revenue of $4.0M, expenses of $4.0M, and assets of $493K (revenue +11.5% year-over-year).
- 2021: Revenue of $3.6M, expenses of $3.6M, and assets of $415K (revenue +4.1% year-over-year).
- 2020: Revenue of $3.5M, expenses of $3.3M, and assets of $368K (revenue +9.9% year-over-year).
- 2019: Revenue of $3.2M, expenses of $3.2M, and assets of $188K (revenue -5.5% year-over-year).
- 2018: Revenue of $3.3M, expenses of $3.4M, and assets of $223K (revenue +5.8% year-over-year).
- 2017: Revenue of $3.2M, expenses of $3.1M, and assets of $254K (revenue +7.7% year-over-year).
- 2016: Revenue of $2.9M, expenses of $2.9M, and assets of $243K (revenue +11.1% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.6M, and assets of $120K (revenue +14.1% year-over-year).
- 2014: Revenue of $2.3M, expenses of $2.4M, and assets of $99K (revenue +3.3% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.3M, and assets of $172K (revenue -7.5% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.4M, and assets of $224K (revenue -10.3% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.7M, and assets of $161K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope Cancer Resources:
Data Sources and Methodology
This transparency report for Hope Cancer Resources 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.