Hope Filled Rooms Inc
EIN: 853387962 · Leeds, AL · NTEE: P20
Is Hope Filled Rooms Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hope Filled Rooms Inc
Hope Filled Rooms Inc (EIN: 853387962) is a nonprofit organization based in Leeds, AL, classified under NTEE code P20. The organization reported total revenue of $100K and total assets of $256K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope Filled Rooms Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope Filled Rooms Inc is a micro nonprofit that has been operating for 5 years, with 2 years of IRS 990 filings on record (2021–2022). Revenue has grown at a compound annual rate of -19.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $126K |
| Total Expenses | $26K |
| Surplus / Deficit | +$100K |
| Total Assets | $286K |
| Net Assets | $286K |
| Operating Margin | 79.3% |
| Months of Reserves | 132.0 months |
Financial Health Grade: A
In 2022, Hope Filled Rooms Inc reported a surplus of $100K with revenue exceeding expenses, holds 132.0 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2021–2022), Hope Filled Rooms Inc's revenue has declined at a compound annual growth rate (CAGR) of -19.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -19.5% | +83.5% | +53.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hope Filled Rooms Inc 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 Filled Rooms Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $100K, with revenue exceeding expenses.
Frequently Asked Questions about Hope Filled Rooms Inc
Is Hope Filled Rooms Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hope Filled Rooms Inc (EIN: 853387962) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hope Filled Rooms Inc spend its money?
Detailed spending breakdown data is not yet available for Hope Filled Rooms Inc. Check back for updated IRS 990 analysis.
Are donations to Hope Filled Rooms Inc tax-deductible?
Hope Filled Rooms Inc is registered as a tax-exempt nonprofit (EIN: 853387962). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Hope Filled Rooms Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2022), Hope Filled Rooms Inc's revenue has declined by 19.5%, moving from $156K to $126K. Total assets increased by 53.6% over the same period, from $186K to $286K. Total functional expenses rose by 83.5%, from $14K to $26K. In its most recent filing year (2022), Hope Filled Rooms Inc reported a surplus of $100K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $126K | $26K | $286K | $0 | — | View 990 |
| 2021 | $156K | $14K | $186K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope Filled Rooms Inc:
Data Sources and Methodology
This transparency report for Hope Filled Rooms 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.