Hope Everlasting Ministry
EIN: 455035199 · Trussville, AL · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $393K |
| Total Expenses | $242K |
| Net Assets | $944K |
Is Hope Everlasting Ministry Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hope Everlasting Ministry
Hope Everlasting Ministry (EIN: 455035199) is a nonprofit organization based in Trussville, AL, classified under NTEE code X20. The organization reported total revenue of $393K and total assets of $944K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope Everlasting Ministry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope Everlasting Ministry is a small nonprofit that has been operating for 12 years, with 6 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 12.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $393K |
| Total Expenses | $242K |
| Surplus / Deficit | +$151K |
| Total Assets | $944K |
| Net Assets | $944K |
| Operating Margin | 38.5% |
| Months of Reserves | 46.9 months |
Financial Health Grade: A
In 2023, Hope Everlasting Ministry reported a surplus of $151K with revenue exceeding expenses, holds 46.9 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2016–2023), Hope Everlasting Ministry's revenue has grown at a compound annual growth rate (CAGR) of 12.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.8% | -53.9% | +17.8% |
| 2022 | +5.8% | +63.7% | +71.7% |
| 2021 | +82.9% | +90.9% | +1974.6% |
| 2018 | +10.7% | -7.5% | +69.1% |
| 2017 | -6.1% | -8.8% | -22.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hope Everlasting Ministry 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 Everlasting Ministry 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 $151K, with revenue exceeding expenses.
Frequently Asked Questions about Hope Everlasting Ministry
Is Hope Everlasting Ministry a legitimate charity?
Hope Everlasting Ministry (EIN: 455035199) is a registered tax-exempt nonprofit based in Alabama. It has 6 years of IRS 990 filings on record. Total revenue: $393K. No red flags identified. Financial health grade: A.
How does Hope Everlasting Ministry spend its money?
Hope Everlasting Ministry reported $393K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hope Everlasting Ministry tax-deductible?
Hope Everlasting Ministry is registered as a tax-exempt nonprofit (EIN: 455035199). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hope Everlasting Ministry located?
Hope Everlasting Ministry is headquartered in Trussville, Alabama and files with the IRS under EIN 455035199. It is classified under NTEE code X20.
How many years of IRS 990 filings does Hope Everlasting Ministry have?
Hope Everlasting Ministry 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. The most recent filing shows $393K in total revenue.
Filing History
IRS 990 filing history for Hope Everlasting Ministry showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2016–2023), Hope Everlasting Ministry's revenue has grown by 131.1%, moving from $170K to $393K. Total assets increased by 5410% over the same period, from $17K to $944K. Total functional expenses rose by 21.6%, from $199K to $242K. In its most recent filing year (2023), Hope Everlasting Ministry reported a surplus of $151K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $393K | $242K | $944K | $0 | — | — |
| 2022 | $342K | $524K | $802K | $0 | — | View 990 |
| 2021 | $323K | $320K | $467K | $201K | — | — |
| 2018 | $177K | $168K | $23K | $0 | — | View 990 |
| 2017 | $160K | $181K | $13K | $0 | — | View 990 |
| 2016 | $170K | $199K | $17K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $393K, expenses of $242K, and assets of $944K (revenue +14.8% year-over-year).
- 2022: Revenue of $342K, expenses of $524K, and assets of $802K (revenue +5.8% year-over-year).
- 2021: Revenue of $323K, expenses of $320K, and assets of $467K (revenue +82.9% year-over-year).
- 2018: Revenue of $177K, expenses of $168K, and assets of $23K (revenue +10.7% year-over-year).
- 2017: Revenue of $160K, expenses of $181K, and assets of $13K (revenue -6.1% year-over-year).
- 2016: Revenue of $170K, expenses of $199K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope Everlasting Ministry:
Data Sources and Methodology
This transparency report for Hope Everlasting Ministry 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.