Hope Extreme Inc
Hope Extreme Inc. consistently operates with a surplus and zero officer compensation, growing assets to nearly $1 million.
EIN: 205871523 · Bourg, LA · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $345K |
| Total Expenses | $232K |
| Program Spending | 85% |
| Net Assets | $725K |
| Transparency Score | 85/100 |
Is Hope Extreme Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hope Extreme Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hope Extreme Inc
Hope Extreme Inc (EIN: 205871523) is a nonprofit organization based in Bourg, LA, classified under NTEE code O50. The organization reported total revenue of $345K and total assets of $983K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope Extreme Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope Extreme Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $340K |
| Total Expenses | $232K |
| Surplus / Deficit | +$109K |
| Total Assets | $967K |
| Total Liabilities | $242K |
| Net Assets | $725K |
| Operating Margin | 31.9% |
| Debt-to-Asset Ratio | 25.0% |
| Months of Reserves | 50.1 months |
Financial Health Grade: A
In 2023, Hope Extreme Inc reported a surplus of $109K with revenue exceeding expenses, holds 50.1 months of operating reserves (strong position), has a debt-to-asset ratio of 25.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hope Extreme Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.1% | -1.0% | +9.8% |
| 2022 | -14.4% | +4.3% | -1.8% |
| 2021 | +27.5% | +29.8% | +2.6% |
| 2020 | -9.8% | -2.9% | +3.1% |
| 2019 | -4.4% | -0.7% | +5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Extreme Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Hope Extreme Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $109K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.0%.
Executive Compensation Analysis
Hope Extreme Inc. reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly unusual for an organization of its size 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 Extreme Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data makes full spending efficiency assessment difficult.
- Unusually low liabilities relative to assets in recent years could indicate conservative financial management or specific funding structures.
Strengths
The following positive indicators were identified for Hope Extreme Inc:
- Consistent revenue growth, from $79,890 in 2017 to $340,310 in 2023.
- Consistent operating surpluses, with revenues exceeding expenses in most reported periods.
- Zero officer compensation reported, suggesting high volunteer involvement or efficient use of funds.
- Significant asset growth, from $596,200 in 2014 to $966,943 in 2023, indicating financial stability.
- Decreasing liabilities over recent years, improving the organization's net asset position.
Frequently Asked Questions about Hope Extreme Inc
Is Hope Extreme Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hope Extreme Inc (EIN: 205871523) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Hope Extreme Inc spend its money?
Hope Extreme Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hope Extreme Inc tax-deductible?
Hope Extreme Inc is registered as a tax-exempt nonprofit (EIN: 205871523). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hope Extreme Inc's spending goes to programs?
Hope Extreme Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hope Extreme Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hope Extreme Inc is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hope Extreme Inc located?
Hope Extreme Inc is headquartered in Bourg, Louisiana and files with the IRS under EIN 205871523. It is classified under NTEE code O50.
How many years of IRS 990 filings does Hope Extreme Inc have?
Hope Extreme Inc has 13 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 $345K in total revenue.
How does Hope Extreme Inc. manage to operate with 0% officer compensation?
The IRS 990 filings consistently show 0% officer compensation, suggesting that key leadership roles are either unpaid volunteers or compensated through mechanisms not reported in this section, which is a significant factor in their financial efficiency.
What are the specific programs Hope Extreme Inc. funds with its revenue?
While the NTEE code O50 indicates 'Youth Development, Services, and Recreation', the provided financial data does not detail the specific programs or services delivered by Hope Extreme Inc. Further investigation into their mission statement and annual reports would be necessary.
What is the organization's strategy for managing its growing assets?
Hope Extreme Inc. has consistently grown its assets, reaching $966,943 in 2023. This indicates a strategy of building reserves, which could be for future program expansion, endowment building, or capital projects, providing long-term financial stability.
Filing History
IRS 990 filing history for Hope Extreme Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hope Extreme Inc's revenue has grown by 162.7%, moving from $130K to $340K. Total assets increased by 312.4% over the same period, from $234K to $967K. Total functional expenses rose by 167.9%, from $87K to $232K. In its most recent filing year (2023), Hope Extreme Inc reported a surplus of $109K, with revenue exceeding expenses. The organization holds $242K in liabilities against $967K in assets (debt-to-asset ratio: 25.0%), resulting in net assets of $725K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $340K | $232K | $967K | $242K | — | View 990 |
| 2022 | $243K | $234K | $880K | $264K | — | View 990 |
| 2021 | $284K | $224K | $896K | $289K | — | — |
| 2020 | $223K | $173K | $874K | $325K | — | View 990 |
| 2019 | $247K | $178K | $847K | $348K | — | View 990 |
| 2018 | $258K | $179K | $806K | $377K | — | View 990 |
| 2017 | $80K | $170K | $754K | $404K | — | View 990 |
| 2016 | $193K | $191K | $855K | $415K | — | View 990 |
| 2015 | $197K | $171K | $623K | $184K | — | View 990 |
| 2014 | $271K | $160K | $596K | $183K | — | View 990 |
| 2013 | $162K | $129K | $305K | $3K | — | View 990 |
| 2012 | $145K | $110K | $271K | $2K | — | View 990 |
| 2011 | $130K | $87K | $234K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $340K, expenses of $232K, and assets of $967K (revenue +40.1% year-over-year).
- 2022: Revenue of $243K, expenses of $234K, and assets of $880K (revenue -14.4% year-over-year).
- 2021: Revenue of $284K, expenses of $224K, and assets of $896K (revenue +27.5% year-over-year).
- 2020: Revenue of $223K, expenses of $173K, and assets of $874K (revenue -9.8% year-over-year).
- 2019: Revenue of $247K, expenses of $178K, and assets of $847K (revenue -4.4% year-over-year).
- 2018: Revenue of $258K, expenses of $179K, and assets of $806K (revenue +222.8% year-over-year).
- 2017: Revenue of $80K, expenses of $170K, and assets of $754K (revenue -58.5% year-over-year).
- 2016: Revenue of $193K, expenses of $191K, and assets of $855K (revenue -2.2% year-over-year).
- 2015: Revenue of $197K, expenses of $171K, and assets of $623K (revenue -27.4% year-over-year).
- 2014: Revenue of $271K, expenses of $160K, and assets of $596K (revenue +67.6% year-over-year).
- 2013: Revenue of $162K, expenses of $129K, and assets of $305K (revenue +11.4% year-over-year).
- 2012: Revenue of $145K, expenses of $110K, and assets of $271K (revenue +12.1% year-over-year).
- 2011: Revenue of $130K, expenses of $87K, and assets of $234K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope Extreme Inc:
Data Sources and Methodology
This transparency report for Hope Extreme 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.