Hope For Kids Inc
Hope For Kids Inc maintains consistent revenue and reports no officer compensation.
EIN: 208903301 · Schwenksville, PA · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $716K |
| Program Spending | 80% |
| Net Assets | $67K |
| Transparency Score | 85/100 |
Is Hope For Kids Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hope For Kids Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hope For Kids Inc
Hope For Kids Inc (EIN: 208903301) is a nonprofit organization based in Schwenksville, PA, classified under NTEE code O50. The organization reported total revenue of $1.1M and total assets of $340K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope For Kids Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope For Kids Inc is a mid-size nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $849K |
| Total Expenses | $716K |
| Surplus / Deficit | +$133K |
| Total Assets | $415K |
| Total Liabilities | $348K |
| Net Assets | $67K |
| Operating Margin | 15.7% |
| Debt-to-Asset Ratio | 83.8% |
| Months of Reserves | 7.0 months |
Financial Health Grade: A
In 2022, Hope For Kids Inc reported a surplus of $133K with revenue exceeding expenses, holds 7.0 months of operating reserves (strong position), has a debt-to-asset ratio of 83.8% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), Hope For Kids Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -5.6% | -8.6% | +51.1% |
| 2021 | +41.4% | +37.5% | -8.7% |
| 2020 | -26.8% | -34.4% | -27.7% |
| 2019 | +4.2% | -12.5% | +136.2% |
| 2018 | +9.4% | +18.3% | -23.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 For Kids 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Hope For Kids Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $133K, with revenue exceeding expenses.
- Debt-to-asset ratio: 83.8%.
Executive Compensation Analysis
Hope For Kids Inc consistently reports 0% officer compensation across all available filings, indicating that no portion of its revenue is allocated to executive salaries. This suggests a strong commitment to directing all funds towards its programs and operational costs, which is highly favorable for donor confidence.
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 Kids Inc's IRS 990 filings:
- Occasional deficit spending years (e.g., 2018 expenses of $993,541 against revenue of $834,393)
Strengths
The following positive indicators were identified for Hope For Kids Inc:
- Consistent revenue generation, averaging over $800,000 annually
- Zero officer compensation reported across all filings, indicating high efficiency and mission focus
- Long history of IRS 990 filings (12 filings), demonstrating transparency
- Positive net income in most recent reported periods (e.g., 2022 revenue $849,158 vs. expenses $716,238)
Frequently Asked Questions about Hope For Kids Inc
Is Hope For Kids Inc a legitimate charity?
Hope For Kids Inc (EIN: 208903301) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.1M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Hope For Kids Inc spend its money?
Hope For Kids Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hope For Kids Inc tax-deductible?
Hope For Kids Inc is registered as a tax-exempt nonprofit (EIN: 208903301). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hope For Kids Inc's spending goes to programs?
Hope For Kids Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hope For Kids Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hope For Kids 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 For Kids Inc located?
Hope For Kids Inc is headquartered in Schwenksville, Pennsylvania and files with the IRS under EIN 208903301. It is classified under NTEE code O50.
How many years of IRS 990 filings does Hope For Kids Inc have?
Hope For Kids Inc has 12 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 $1.1M in total revenue.
Is Hope For Kids Inc financially stable?
Yes, Hope For Kids Inc appears generally stable. While there have been years with expenses exceeding revenue (e.g., 2018 and 2017), the organization has consistently generated significant revenue, with the latest reported revenue at $1,072,014 and assets of $340,004, indicating a resilient financial base.
How does Hope For Kids Inc manage executive compensation?
Hope For Kids Inc reports 0% officer compensation in all available IRS 990 filings, meaning no funds are used for executive salaries. This is a strong positive indicator of the organization's dedication to its mission.
Has Hope For Kids Inc grown over time?
Financially, Hope For Kids Inc has shown growth in its latest reported revenue of $1,072,014 compared to previous years, which typically ranged from $600,000 to $900,000. Assets have also fluctuated but show an upward trend from earlier periods.
Filing History
IRS 990 filing history for Hope For Kids Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Hope For Kids Inc's revenue has grown by 40.5%, moving from $604K to $849K. Total assets increased by 491.1% over the same period, from $70K to $415K. Total functional expenses rose by 11.3%, from $644K to $716K. In its most recent filing year (2022), Hope For Kids Inc reported a surplus of $133K, with revenue exceeding expenses. The organization holds $348K in liabilities against $415K in assets (debt-to-asset ratio: 83.8%), resulting in net assets of $67K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $849K | $716K | $415K | $348K | — | — |
| 2021 | $899K | $784K | $275K | $195K | — | View 990 |
| 2020 | $636K | $570K | $301K | $308K | — | View 990 |
| 2019 | $869K | $869K | $416K | $454K | — | View 990 |
| 2018 | $834K | $994K | $176K | $257K | — | View 990 |
| 2017 | $763K | $840K | $229K | $148K | — | View 990 |
| 2016 | $879K | $786K | $298K | $139K | — | View 990 |
| 2015 | $807K | $791K | $271K | $174K | — | View 990 |
| 2014 | $851K | $795K | $238K | $156K | — | View 990 |
| 2013 | $857K | $763K | $147K | $121K | — | View 990 |
| 2012 | $634K | $692K | $48K | $117K | — | View 990 |
| 2011 | $604K | $644K | $70K | $81K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $849K, expenses of $716K, and assets of $415K (revenue -5.6% year-over-year).
- 2021: Revenue of $899K, expenses of $784K, and assets of $275K (revenue +41.4% year-over-year).
- 2020: Revenue of $636K, expenses of $570K, and assets of $301K (revenue -26.8% year-over-year).
- 2019: Revenue of $869K, expenses of $869K, and assets of $416K (revenue +4.2% year-over-year).
- 2018: Revenue of $834K, expenses of $994K, and assets of $176K (revenue +9.4% year-over-year).
- 2017: Revenue of $763K, expenses of $840K, and assets of $229K (revenue -13.2% year-over-year).
- 2016: Revenue of $879K, expenses of $786K, and assets of $298K (revenue +8.9% year-over-year).
- 2015: Revenue of $807K, expenses of $791K, and assets of $271K (revenue -5.2% year-over-year).
- 2014: Revenue of $851K, expenses of $795K, and assets of $238K (revenue -0.7% year-over-year).
- 2013: Revenue of $857K, expenses of $763K, and assets of $147K (revenue +35.2% year-over-year).
- 2012: Revenue of $634K, expenses of $692K, and assets of $48K (revenue +4.9% year-over-year).
- 2011: Revenue of $604K, expenses of $644K, and assets of $70K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope For Kids Inc:
Data Sources and Methodology
This transparency report for Hope For Kids 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.