Hope Forty One Ten
EIN: 821587674 · Saraland, AL · NTEE: T12
| Metric | Value |
|---|---|
| Total Revenue | $3K |
| Total Expenses | $6K |
| Net Assets | $5K |
Is Hope Forty One Ten Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hope Forty One Ten
Hope Forty One Ten (EIN: 821587674) is a nonprofit organization based in Saraland, AL, classified under NTEE code T12. The organization reported total revenue of $3K and total assets of $2K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope Forty One Ten's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope Forty One Ten is a micro nonprofit that has been operating for 5 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -84.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $6K |
| Surplus / Deficit | $-3,970 |
| Total Assets | $5K |
| Net Assets | $5K |
| Operating Margin | -233.5% |
| Months of Reserves | 9.5 months |
Financial Health Grade: B
In 2023, Hope Forty One Ten reported a deficit of $4K with expenses exceeding revenue, holds 9.5 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), Hope Forty One Ten's revenue has declined at a compound annual growth rate (CAGR) of -84.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -84.1% | -19.3% | -46.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Forty One Ten 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 Forty One Ten 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.
Frequently Asked Questions about Hope Forty One Ten
Is Hope Forty One Ten a legitimate charity?
Based on AI analysis of IRS 990 filings, Hope Forty One Ten (EIN: 821587674) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hope Forty One Ten spend its money?
Detailed spending breakdown data is not yet available for Hope Forty One Ten. Check back for updated IRS 990 analysis.
Are donations to Hope Forty One Ten tax-deductible?
Hope Forty One Ten is registered as a tax-exempt nonprofit (EIN: 821587674). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hope Forty One Ten located?
Hope Forty One Ten is headquartered in Saraland, Alabama and files with the IRS under EIN 821587674. It is classified under NTEE code T12.
How many years of IRS 990 filings does Hope Forty One Ten have?
Hope Forty One Ten has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $3K in total revenue.
Filing History
IRS 990 filing history for Hope Forty One Ten showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Hope Forty One Ten's revenue has declined by 84.1%, moving from $11K to $2K. Total assets decreased by 46.9% over the same period, from $8K to $5K. Total functional expenses fell by 19.3%, from $7K to $6K. In its most recent filing year (2023), Hope Forty One Ten reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2K | $6K | $5K | $0 | — | View 990 |
| 2022 | $11K | $7K | $8K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope Forty One Ten:
Data Sources and Methodology
This transparency report for Hope Forty One Ten 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.