Hope Elephants Inc
Hope Elephants Inc. reports zero revenue and assets in its latest filing, indicating potential inactivity or closure after years of declining finances.
EIN: 203853992 · Camden, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $13K |
| Program Spending | 70% |
| Net Assets | $307K |
| Transparency Score | 30/100 |
Search Intent Cockpit
Hope Elephants Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Hope Elephants Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Hope Elephants Inc in one place.
Form 990 Filing Summary
6 filing years are available, with latest revenue of $848 and expenses of $13K.
Revenue and Expenses
Hope Elephants Inc reported $848 in revenue and $13K in expenses, a deficit of $12K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
30/100 mission score, 4 red flags, and 2 strengths are shown from structured and AI review.
Is Hope Elephants Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $9K (70%) |
Across stored filings, Hope Elephants Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Significant Concerns | Good filing record; 4 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade C | 6 stored filing years |
| Peer context | Compare with Maine Composite Materials Applied Technology Development Center | Maine and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Maine Composite Materials Applied Technology Development Center →All Maine nonprofits
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Camden, ME nonprofitsFollow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Verify
Significant Concerns. Check deductibility, filings, and red flags.
2Understand money
70% of spending goes to programs.
3Compare
Benchmark against Maine Composite Materials Applied Technology Development Center.
4Decide
Build a shortlist, compare alternatives, and review the latest filing before giving.
Alternative Shopping
Similar Nonprofits Donors Should Compare
Crabtree Neck Land Trust
Hancock, ME · $836K revenue · Score 95/100
Compare side-by-sideAmerican Legion Post 0019 Thomas W Cole Post
Sanford, ME · $1.1M revenue · Score 85/100
Compare side-by-sideAgamenticus Yacht Club Of York
York Harbor, ME · $325K revenue · Score 85/100
Compare side-by-sideAmerican Legion
Winslow, ME · $226K revenue · Score 85/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Hope Elephants Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Hope Elephants Inc
Hope Elephants Inc (EIN: 203853992) is a nonprofit organization based in Camden, ME. 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 Elephants Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope Elephants Inc is a micro nonprofit, with 6 years of IRS 990 filings on record (2012–2016). Revenue has grown at a compound annual rate of -72.8%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $848 |
| Total Expenses | $13K |
| Surplus / Deficit | $-12,450 |
| Total Assets | $646K |
| Total Liabilities | $340K |
| Net Assets | $307K |
| Operating Margin | -1468.2% |
| Debt-to-Asset Ratio | 52.6% |
| Months of Reserves | 583.1 months |
Financial Health Grade: C
In 2016, Hope Elephants Inc reported a deficit of $12K with expenses exceeding revenue, holds 583.1 months of operating reserves (strong position), has a debt-to-asset ratio of 52.6% (high leverage).
Financial Trends
Over 6 years of filings (2012–2016), Hope Elephants Inc's revenue has declined at a compound annual growth rate (CAGR) of -72.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -92.4% | -50.5% | -5.1% |
| 2015 | -98.1% | -91.1% | -3.6% |
| 2014 | +80.6% | -24.1% | +70.5% |
| 2013 | +295.9% | +447.2% | +8.0% |
| 2012 | -46.4% | +38.9% | +4.1% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hope Elephants Inc with a Mission Score of 30 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Hope Elephants Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 52.6%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, suggesting a volunteer-led organization or one with no paid executives, which is unusual for an organization that once managed significant assets and 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 Elephants Inc's IRS 990 filings:
- Zero revenue and assets in the latest filing, indicating potential cessation of operations.
- Consistent deficit spending in recent years (e.g., 2016: $848 revenue vs. $13,298 expenses).
- Significant decline in revenue from a peak of $595,118 in 2014 to $0 in the latest period.
- Unknown NTEE code, which can obscure the organization's specific charitable purpose.
Strengths
The following positive indicators were identified for Hope Elephants Inc:
- Consistent reporting of 0% officer compensation, suggesting a lean or volunteer-driven leadership structure.
- History of managing significant assets (up to $706,199 in 2014) and revenue, indicating past operational capacity.
Frequently Asked Questions about Hope Elephants Inc
Is Hope Elephants Inc a legitimate charity?
Hope Elephants Inc (EIN: 203853992) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 30/100. It has 6 years of IRS 990 filings on record. 4 red flags identified. 2 strengths noted. Financial health grade: C.
How does Hope Elephants Inc spend its money?
Hope Elephants Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Hope Elephants Inc tax-deductible?
Hope Elephants Inc is registered as a tax-exempt nonprofit (EIN: 203853992). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hope Elephants Inc's spending goes to programs?
Hope Elephants Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Hope Elephants Inc located?
Hope Elephants Inc is headquartered in Camden, Maine and files with the IRS under EIN 203853992.
How many years of IRS 990 filings does Hope Elephants Inc have?
Hope Elephants Inc has 6 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 Elephants Inc. still operational?
Based on the latest filing showing $0 in revenue and assets, it is highly probable that Hope Elephants Inc. is no longer actively operational or is in the process of dissolution.
What caused the significant decline in revenue and assets?
The provided data does not specify the reasons for the decline, but the trend shows a sharp drop in revenue from $595,118 in 2014 to $848 in 2016, culminating in $0 in the latest period. This could be due to a loss of funding sources, completion of a specific project, or other operational challenges.
How did the organization manage to operate with consistent deficits?
The organization likely drew down its assets to cover expenses when revenue was insufficient, as seen by the decrease in assets from $706,199 in 2014 to $646,152 in 2016, and eventually to $0.
Filing History
IRS 990 filing history for Hope Elephants Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2016), Hope Elephants Inc's revenue has declined by 99.5%, moving from $155K to $848. Total assets increased by 75.5% over the same period, from $368K to $646K. Total functional expenses fell by 74.7%, from $53K to $13K. In its most recent filing year (2016), Hope Elephants Inc reported a deficit of $12K, with expenses exceeding revenue. The organization holds $340K in liabilities against $646K in assets (debt-to-asset ratio: 52.6%), resulting in net assets of $307K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $848 | $13K | $646K | $340K | — | View 990 |
| 2015 | $11K | $27K | $681K | $362K | — | View 990 |
| 2014 | $595K | $303K | $706K | $372K | — | View 990 |
| 2013 | $330K | $400K | $414K | $371K | — | View 990 |
| 2012 | $83K | $73K | $383K | $270K | — | View 990 |
| 2012 | $155K | $53K | $368K | $265K | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $848, expenses of $13K, and assets of $646K (revenue -92.4% year-over-year).
- 2015: Revenue of $11K, expenses of $27K, and assets of $681K (revenue -98.1% year-over-year).
- 2014: Revenue of $595K, expenses of $303K, and assets of $706K (revenue +80.6% year-over-year).
- 2013: Revenue of $330K, expenses of $400K, and assets of $414K (revenue +295.9% year-over-year).
- 2012: Revenue of $83K, expenses of $73K, and assets of $383K (revenue -46.4% year-over-year).
- 2012: Revenue of $155K, expenses of $53K, and assets of $368K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope Elephants Inc:
Data Sources and Methodology
This transparency report for Hope Elephants Inc 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.