Hope Center Usa
EIN: 873003753 · Lake Zurich, IL · NTEE: P80
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $813K |
| Net Assets | $232K |
Is Hope Center Usa Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hope Center Usa
Hope Center Usa (EIN: 873003753) is a nonprofit organization based in Lake Zurich, IL, classified under NTEE code P80. The organization reported total revenue of $1.2M and total assets of $578K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope Center Usa's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope Center Usa is a mid-size nonprofit that has been operating for 4 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $813K |
| Surplus / Deficit | +$232K |
| Total Assets | $277K |
| Total Liabilities | $45K |
| Net Assets | $232K |
| Operating Margin | 22.2% |
| Debt-to-Asset Ratio | 16.3% |
| Months of Reserves | 4.1 months |
Financial Health Grade: A
In 2023, Hope Center Usa reported a surplus of $232K with revenue exceeding expenses, holds 4.1 months of operating reserves (adequate), has a debt-to-asset ratio of 16.3% (very low leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hope Center Usa 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 Center Usa 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 $232K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.3%.
Frequently Asked Questions about Hope Center Usa
Is Hope Center Usa a legitimate charity?
Based on AI analysis of IRS 990 filings, Hope Center Usa (EIN: 873003753) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hope Center Usa spend its money?
Detailed spending breakdown data is not yet available for Hope Center Usa. Check back for updated IRS 990 analysis.
Are donations to Hope Center Usa tax-deductible?
Hope Center Usa is registered as a tax-exempt nonprofit (EIN: 873003753). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hope Center Usa located?
Hope Center Usa is headquartered in Lake Zurich, Illinois and files with the IRS under EIN 873003753. It is classified under NTEE code P80.
Filing History
IRS 990 filing history for Hope Center Usa showing financial trends over 1 year of public records:
In its most recent filing year (2023), Hope Center Usa reported a surplus of $232K, with revenue exceeding expenses. The organization holds $45K in liabilities against $277K in assets (debt-to-asset ratio: 16.3%), resulting in net assets of $232K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $813K | $277K | $45K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope Center Usa:
Data Sources and Methodology
This transparency report for Hope Center Usa 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.