Hope Community Development Agency
Hope Community Development Agency reports zero revenue and assets, indicating potential operational dormancy after a significant decline in financial activity.
EIN: 204105073 · Biloxi, MS · NTEE: M20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $56K |
| Program Spending | 75% |
| Net Assets | $293K |
| Transparency Score | 20/100 |
Is Hope Community Development Agency Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hope Community Development Agency directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hope Community Development Agency
Hope Community Development Agency (EIN: 204105073) is a nonprofit organization based in Biloxi, MS, classified under NTEE code M20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope Community Development Agency's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope Community Development Agency is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2010–2019). Revenue has grown at a compound annual rate of -37.3%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $45K |
| Total Expenses | $56K |
| Surplus / Deficit | $-11,170 |
| Total Assets | $568K |
| Total Liabilities | $275K |
| Net Assets | $293K |
| Operating Margin | -24.7% |
| Debt-to-Asset Ratio | 48.4% |
| Months of Reserves | 121.0 months |
Financial Health Grade: B
In 2019, Hope Community Development Agency reported a deficit of $11K with expenses exceeding revenue, holds 121.0 months of operating reserves (strong position), has a debt-to-asset ratio of 48.4% (moderate leverage).
Financial Trends
Over 10 years of filings (2010–2019), Hope Community Development Agency's revenue has declined at a compound annual growth rate (CAGR) of -37.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +26.4% | -55.5% | -3.3% |
| 2018 | -93.3% | -61.9% | -13.8% |
| 2017 | +1850.0% | +374.7% | -17.9% |
| 2016 | -88.7% | -89.9% | -5.0% |
| 2015 | -51.9% | -57.5% | -33.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Hope Community Development Agency with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Hope Community Development Agency allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 48.4%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, suggesting that the organization's leadership is either entirely volunteer-based or that compensation is not reported in this category, which is unusual for an organization that historically managed millions in revenue.
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 Hope Community Development Agency's IRS 990 filings:
- Zero revenue and assets in the latest filing, indicating potential dormancy.
- Significant and rapid decline in revenue from over $4 million in 2012 to $0.
- Expenses frequently exceeded revenue in recent active years (e.g., 2019, 2018, 2016, 2015, 2014).
Strengths
The following positive indicators were identified for Hope Community Development Agency:
- Historically managed significant financial resources, indicating past capacity for large-scale projects.
- Consistent reporting of 0% officer compensation, suggesting low administrative overhead related to executive salaries.
Frequently Asked Questions about Hope Community Development Agency
Is Hope Community Development Agency a legitimate charity?
Hope Community Development Agency (EIN: 204105073) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 20/100. It has 10 years of IRS 990 filings on record. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Hope Community Development Agency spend its money?
Hope Community Development Agency directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Hope Community Development Agency tax-deductible?
Hope Community Development Agency is registered as a tax-exempt nonprofit (EIN: 204105073). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hope Community Development Agency's spending goes to programs?
Hope Community Development Agency directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hope Community Development Agency compare to similar nonprofits?
With a transparency score of 20/100 (Poor), Hope Community Development Agency is below average for NTEE category M20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hope Community Development Agency located?
Hope Community Development Agency is headquartered in Biloxi, Mississippi and files with the IRS under EIN 204105073. It is classified under NTEE code M20.
How many years of IRS 990 filings does Hope Community Development Agency have?
Hope Community Development Agency has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Hope Community Development Agency still operational?
The latest available data showing $0 in revenue and assets strongly suggests the organization may no longer be actively operating or has significantly scaled down its activities.
What caused the drastic decline in revenue and assets?
The provided data does not specify the reasons for the decline from multi-million dollar revenues in 2012-2013 to $0 in the latest period, but it warrants further investigation into the organization's strategic decisions or external factors.
How did the organization manage to operate with 0% officer compensation during its peak revenue years?
The consistent reporting of 0% officer compensation is unusual for an organization handling millions in revenue and expenses, suggesting a unique operational model or reporting structure.
Filing History
IRS 990 filing history for Hope Community Development Agency showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2010–2019), Hope Community Development Agency's revenue has declined by 98.5%, moving from $3.0M to $45K. Total assets decreased by 69.2% over the same period, from $1.8M to $568K. Total functional expenses fell by 98%, from $2.9M to $56K. In its most recent filing year (2019), Hope Community Development Agency reported a deficit of $11K, with expenses exceeding revenue. The organization holds $275K in liabilities against $568K in assets (debt-to-asset ratio: 48.4%), resulting in net assets of $293K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $45K | $56K | $568K | $275K | — | View 990 |
| 2018 | $36K | $127K | $588K | $283K | — | View 990 |
| 2017 | $532K | $333K | $682K | $287K | — | View 990 |
| 2016 | $27K | $70K | $830K | $634K | — | View 990 |
| 2015 | $241K | $694K | $873K | $635K | — | View 990 |
| 2014 | $501K | $1.6M | $1.3M | $686K | — | View 990 |
| 2013 | $2.3M | $2.1M | $2.6M | $922K | — | View 990 |
| 2012 | $4.1M | $3.7M | $2.3M | $872K | — | View 990 |
| 2011 | $3.7M | $3.8M | $1.7M | $718K | — | View 990 |
| 2010 | $3.0M | $2.9M | $1.8M | $721K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $45K, expenses of $56K, and assets of $568K (revenue +26.4% year-over-year).
- 2018: Revenue of $36K, expenses of $127K, and assets of $588K (revenue -93.3% year-over-year).
- 2017: Revenue of $532K, expenses of $333K, and assets of $682K (revenue +1850.0% year-over-year).
- 2016: Revenue of $27K, expenses of $70K, and assets of $830K (revenue -88.7% year-over-year).
- 2015: Revenue of $241K, expenses of $694K, and assets of $873K (revenue -51.9% year-over-year).
- 2014: Revenue of $501K, expenses of $1.6M, and assets of $1.3M (revenue -78.2% year-over-year).
- 2013: Revenue of $2.3M, expenses of $2.1M, and assets of $2.6M (revenue -44.1% year-over-year).
- 2012: Revenue of $4.1M, expenses of $3.7M, and assets of $2.3M (revenue +10.1% year-over-year).
- 2011: Revenue of $3.7M, expenses of $3.8M, and assets of $1.7M (revenue +23.4% year-over-year).
- 2010: Revenue of $3.0M, expenses of $2.9M, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope Community Development Agency:
Data Sources and Methodology
This transparency report for Hope Community Development Agency 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.