Hope For All Inc

Hope For All Inc shows consistent growth and no reported executive compensation over a decade.

EIN: 201768641 · Glen Burnie, MD · NTEE: P60 · Updated: 2026-03-28

$1.8MRevenue
$1.8MGross Revenue
$1.4MAssets
95/100Mission Score (Excellent)
P60
Hope For All Inc Financial Summary
MetricValue
Total Revenue$1.8M
Total Expenses$1.3M
Program Spending90%
CEO/Top Officer Pay$1
Net Assets$882K
Transparency Score95/100

Is Hope For All Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Hope For All Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Hope For All Inc

Hope For All Inc (EIN: 201768641) is a nonprofit organization based in Glen Burnie, MD, classified under NTEE code P60. The organization reported total revenue of $1.8M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope For All Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
Mid-SizeSize Classification
15Years of Filings
MixedRevenue Trajectory

Hope For All Inc is a mid-size nonprofit that has been operating for 20 years, with 15 years of IRS 990 filings on record (2010–2024). Revenue has grown at a compound annual rate of 13.1%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$1.4M
Total Expenses$1.3M
Surplus / Deficit+$78K
Total Assets$1.2M
Total Liabilities$296K
Net Assets$882K
Operating Margin5.8%
Debt-to-Asset Ratio25.1%
Months of Reserves11.1 months

Financial Health Grade: A

In 2024, Hope For All Inc reported a surplus of $78K with revenue exceeding expenses, holds 11.1 months of operating reserves (strong position), has a debt-to-asset ratio of 25.1% (moderate leverage).

Financial Trends

Over 15 years of filings (2010–2024), Hope For All Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.

YearRevenue ChangeExpense ChangeAsset Change
2024+29.2%+20.5%+2.3%
2023-8.7%+4.1%+39.9%
2022+5.3%+11.7%+18.9%
2021+35.8%+13.9%+16.2%
2020+10.7%+9.3%+17.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Hope For All Inc demonstrates consistent growth in revenue and assets over the past decade, indicating a stable financial trajectory. In the most recent filing (202406), the organization reported revenues of $1,354,986 against expenses of $1,276,762, resulting in a surplus. This trend of managing expenses below or close to revenue is generally positive, though there was a slight deficit in 202306 where expenses ($1,059,409) exceeded revenue ($1,048,632). The organization's financial health appears sound, with assets growing from $319,513 in 201506 to $1,177,480 in 202406. Liabilities have fluctuated, with a notable increase to $346,912 in 202306 before decreasing to $295,556 in 202406. The consistent reporting of 0% officer compensation across all filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a significant positive indicator for spending efficiency and transparency. Overall, Hope For All Inc exhibits good financial management, with a clear growth pattern and a strong emphasis on minimizing administrative overhead as evidenced by the lack of reported officer compensation. The organization's ability to maintain a positive net asset position while expanding its operations reflects prudent financial stewardship.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hope For All Inc with a Mission Score of 95 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

According to IRS 990 filings, Hope For All Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$1.4MTotal Revenue
$1.3MTotal Expenses
$1.2MTotal Assets
$296KTotal Liabilities
$882KNet Assets

Executive Compensation Analysis

Hope For All Inc consistently reports 0% officer compensation across all 15 filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size with over $1 million in annual expenses.

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 For All Inc's IRS 990 filings:

Strengths

The following positive indicators were identified for Hope For All Inc:

Frequently Asked Questions about Hope For All Inc

Is Hope For All Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Hope For All Inc (EIN: 201768641) some concerns. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.

How does Hope For All Inc spend its money?

Hope For All Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Hope For All Inc tax-deductible?

Hope For All Inc is registered as a tax-exempt nonprofit (EIN: 201768641). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Hope For All Inc CEO make?

Hope For All Inc's highest-compensated officer earns $1 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Hope For All Inc compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), Hope For All Inc is above average for NTEE category P60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Hope For All Inc located?

Hope For All Inc is headquartered in Glen Burnie, Maryland and files with the IRS under EIN 201768641. It is classified under NTEE code P60.

How many years of IRS 990 filings does Hope For All Inc have?

Hope For All Inc has 15 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 $1.8M in total revenue.

Is Hope For All Inc financially stable?

Yes, Hope For All Inc appears financially stable, demonstrating consistent revenue growth from $313,911 in 201506 to $1,354,986 in 202406, and a healthy increase in assets from $319,513 to $1,177,480 over the same period.

How efficient is Hope For All Inc's spending?

The organization appears highly efficient in its spending, particularly given the consistent reporting of 0% officer compensation across all filings. This suggests a very high proportion of expenses are directed towards program services and essential operations rather than executive salaries.

What is the trend in Hope For All Inc's assets and liabilities?

Assets have shown a strong upward trend, growing from $319,513 in 201506 to $1,177,480 in 202406. Liabilities have fluctuated, with a peak of $346,912 in 202306, but remain manageable relative to assets.

Does Hope For All Inc pay its executives?

Based on the IRS 990 filings, Hope For All Inc consistently reports 0% officer compensation, indicating that no salaries or other compensation are paid to its officers.

Filing History

IRS 990 filing history for Hope For All Inc showing financial trends over 15 years of public records:

Over 15 years of IRS 990 filings (2010–2024), Hope For All Inc's revenue has grown by 459.6%, moving from $242K to $1.4M. Total assets increased by 387.8% over the same period, from $241K to $1.2M. Total functional expenses rose by 705.6%, from $158K to $1.3M. In its most recent filing year (2024), Hope For All Inc reported a surplus of $78K, with revenue exceeding expenses. The organization holds $296K in liabilities against $1.2M in assets (debt-to-asset ratio: 25.1%), resulting in net assets of $882K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $1.4M $1.3M $1.2M $296K View 990
2023 $1.0M $1.1M $1.2M $347K View 990
2022 $1.1M $1.0M $823K $8K View 990
2021 $1.1M $911K $692K $8K
2020 $803K $800K $595K $91K View 990
2019 $726K $732K $506K $5K View 990
2018 $891K $845K $506K $2K View 990
2017 $688K $613K $460K $2K View 990
2016 $550K $483K $387K $3K View 990
2015 $314K $335K $320K $3K View 990
2014 $336K $354K $340K $3K View 990
2013 $314K $292K $358K $2K View 990
2012 $219K $177K $335K $2K
2011 $436K $383K $294K $3K View 990
2010 $242K $158K $241K $3K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Hope For All Inc:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing 2010 Filing

Data Sources and Methodology

This transparency report for Hope For All 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.

Other Nonprofits in Maryland

Explore more nonprofits based in Maryland with AI-powered transparency reports.

View all Maryland nonprofits →

Similar Organizations (NTEE P60)

Other nonprofits classified under NTEE code P60.

View all P60 nonprofits →

Explore Related Nonprofits

Browse by State