Hope For Developmental Disabilities
EIN: 264126717 · Hillsdale, MI · NTEE: P82
| Metric | Value |
|---|---|
| Total Revenue | $199K |
| Total Expenses | $190K |
| Net Assets | $302K |
Is Hope For Developmental Disabilities Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hope For Developmental Disabilities
Hope For Developmental Disabilities (EIN: 264126717) is a nonprofit organization based in Hillsdale, MI, classified under NTEE code P82. The organization reported total revenue of $199K and total assets of $300K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope For Developmental Disabilities's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope For Developmental Disabilities is a small nonprofit that has been operating for 17 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $185K |
| Total Expenses | $190K |
| Surplus / Deficit | $-4,219 |
| Total Assets | $306K |
| Total Liabilities | $5K |
| Net Assets | $302K |
| Operating Margin | -2.3% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 19.4 months |
Financial Health Grade: B
In 2023, Hope For Developmental Disabilities reported a deficit of $4K with expenses exceeding revenue, holds 19.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Hope For Developmental Disabilities's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.5% | +68.2% | -0.5% |
| 2022 | +22.1% | +32.8% | +23.8% |
| 2021 | +67.2% | +50.3% | +28.7% |
| 2020 | -40.2% | +44.9% | +18.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hope For Developmental Disabilities 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 For Developmental Disabilities 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 deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.5%.
Frequently Asked Questions about Hope For Developmental Disabilities
Is Hope For Developmental Disabilities a legitimate charity?
Hope For Developmental Disabilities (EIN: 264126717) is a registered tax-exempt nonprofit based in Michigan. It has 5 years of IRS 990 filings on record. Total revenue: $199K. No red flags identified. Financial health grade: B.
How does Hope For Developmental Disabilities spend its money?
Hope For Developmental Disabilities reported $199K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hope For Developmental Disabilities tax-deductible?
Hope For Developmental Disabilities is registered as a tax-exempt nonprofit (EIN: 264126717). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hope For Developmental Disabilities located?
Hope For Developmental Disabilities is headquartered in Hillsdale, Michigan and files with the IRS under EIN 264126717. It is classified under NTEE code P82.
How many years of IRS 990 filings does Hope For Developmental Disabilities have?
Hope For Developmental Disabilities has 5 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 $199K in total revenue.
Filing History
IRS 990 filing history for Hope For Developmental Disabilities showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Hope For Developmental Disabilities's revenue has grown by 32.3%, moving from $140K to $185K. Total assets increased by 87.9% over the same period, from $163K to $306K. Total functional expenses rose by 386.6%, from $39K to $190K. In its most recent filing year (2023), Hope For Developmental Disabilities reported a deficit of $4K, with expenses exceeding revenue. The organization holds $5K in liabilities against $306K in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $302K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $185K | $190K | $306K | $5K | — | View 990 |
| 2022 | $171K | $113K | $308K | $2K | — | View 990 |
| 2021 | $140K | $85K | $249K | $754 | — | — |
| 2020 | $84K | $56K | $193K | $497 | — | — |
| 2019 | $140K | $39K | $163K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $185K, expenses of $190K, and assets of $306K (revenue +8.5% year-over-year).
- 2022: Revenue of $171K, expenses of $113K, and assets of $308K (revenue +22.1% year-over-year).
- 2021: Revenue of $140K, expenses of $85K, and assets of $249K (revenue +67.2% year-over-year).
- 2020: Revenue of $84K, expenses of $56K, and assets of $193K (revenue -40.2% year-over-year).
- 2019: Revenue of $140K, expenses of $39K, and assets of $163K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope For Developmental Disabilities:
Data Sources and Methodology
This transparency report for Hope For Developmental Disabilities 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.