Hope Counseling Services Of Chapel Hill
EIN: 814254901 · Durham, NC · NTEE: F30
| Metric | Value |
|---|---|
| Total Revenue | $495K |
| Total Expenses | $519K |
| Net Assets | $90K |
Is Hope Counseling Services Of Chapel Hill Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hope Counseling Services Of Chapel Hill
Hope Counseling Services Of Chapel Hill (EIN: 814254901) is a nonprofit organization based in Durham, NC, classified under NTEE code F30. The organization reported total revenue of $495K and total assets of $137K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope Counseling Services Of Chapel Hill's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope Counseling Services Of Chapel Hill is a small nonprofit that has been operating for 10 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 81.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $459K |
| Total Expenses | $519K |
| Surplus / Deficit | $-60,314 |
| Total Assets | $167K |
| Total Liabilities | $77K |
| Net Assets | $90K |
| Operating Margin | -13.1% |
| Debt-to-Asset Ratio | 46.2% |
| Months of Reserves | 3.8 months |
Financial Health Grade: B
In 2023, Hope Counseling Services Of Chapel Hill reported a deficit of $60K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 46.2% (moderate leverage).
Financial Trends
Over 7 years of filings (2017–2023), Hope Counseling Services Of Chapel Hill's revenue has grown at a compound annual growth rate (CAGR) of 81.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.1% | +40.2% | -8.2% |
| 2022 | +21.6% | +49.5% | +8.9% |
| 2021 | +38.0% | +30.1% | +53.9% |
| 2020 | +86.6% | +56.2% | +40.9% |
| 2019 | +15.9% | +250.2% | -0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hope Counseling Services Of Chapel Hill 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 Counseling Services Of Chapel Hill 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 deficit of $60K, with expenses exceeding revenue.
- Debt-to-asset ratio: 46.2%.
Frequently Asked Questions about Hope Counseling Services Of Chapel Hill
Is Hope Counseling Services Of Chapel Hill a legitimate charity?
Hope Counseling Services Of Chapel Hill (EIN: 814254901) is a registered tax-exempt nonprofit based in North Carolina. It has 7 years of IRS 990 filings on record. Total revenue: $495K. No red flags identified. Financial health grade: B.
How does Hope Counseling Services Of Chapel Hill spend its money?
Hope Counseling Services Of Chapel Hill reported $495K in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hope Counseling Services Of Chapel Hill tax-deductible?
Hope Counseling Services Of Chapel Hill is registered as a tax-exempt nonprofit (EIN: 814254901). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hope Counseling Services Of Chapel Hill located?
Hope Counseling Services Of Chapel Hill is headquartered in Durham, North Carolina and files with the IRS under EIN 814254901. It is classified under NTEE code F30.
How many years of IRS 990 filings does Hope Counseling Services Of Chapel Hill have?
Hope Counseling Services Of Chapel Hill has 7 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 $495K in total revenue.
Filing History
IRS 990 filing history for Hope Counseling Services Of Chapel Hill showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Hope Counseling Services Of Chapel Hill's revenue has grown by 3456.4%, moving from $13K to $459K. Total assets increased by 1480.4% over the same period, from $11K to $167K. Total functional expenses rose by 17370.8%, from $3K to $519K. In its most recent filing year (2023), Hope Counseling Services Of Chapel Hill reported a deficit of $60K, with expenses exceeding revenue. The organization holds $77K in liabilities against $167K in assets (debt-to-asset ratio: 46.2%), resulting in net assets of $90K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $459K | $519K | $167K | $77K | — | View 990 |
| 2022 | $367K | $371K | $181K | $32K | — | View 990 |
| 2021 | $302K | $248K | $167K | $13K | — | — |
| 2020 | $219K | $190K | $108K | $9K | — | View 990 |
| 2019 | $117K | $122K | $77K | $5K | — | View 990 |
| 2018 | $101K | $35K | $77K | $1K | — | View 990 |
| 2017 | $13K | $3K | $11K | $604 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $459K, expenses of $519K, and assets of $167K (revenue +25.1% year-over-year).
- 2022: Revenue of $367K, expenses of $371K, and assets of $181K (revenue +21.6% year-over-year).
- 2021: Revenue of $302K, expenses of $248K, and assets of $167K (revenue +38.0% year-over-year).
- 2020: Revenue of $219K, expenses of $190K, and assets of $108K (revenue +86.6% year-over-year).
- 2019: Revenue of $117K, expenses of $122K, and assets of $77K (revenue +15.9% year-over-year).
- 2018: Revenue of $101K, expenses of $35K, and assets of $77K (revenue +682.6% year-over-year).
- 2017: Revenue of $13K, expenses of $3K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope Counseling Services Of Chapel Hill:
Data Sources and Methodology
This transparency report for Hope Counseling Services Of Chapel Hill 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.