Hope Happens Inc
Hope Happens Inc. maintains stable operations with minimal liabilities and no reported officer compensation.
EIN: 202523211 · Saint Louis, MO · NTEE: G96 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $306K |
| Total Expenses | $238K |
| Program Spending | 80% |
| Net Assets | $246K |
| Transparency Score | 85/100 |
Is Hope Happens Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hope Happens Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hope Happens Inc
Hope Happens Inc (EIN: 202523211) is a nonprofit organization based in Saint Louis, MO, classified under NTEE code G96. The organization reported total revenue of $306K and total assets of $214K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope Happens Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope Happens Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $272K |
| Total Expenses | $238K |
| Surplus / Deficit | +$34K |
| Total Assets | $249K |
| Total Liabilities | $3K |
| Net Assets | $246K |
| Operating Margin | 12.5% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 12.6 months |
Financial Health Grade: A
In 2023, Hope Happens Inc reported a surplus of $34K with revenue exceeding expenses, holds 12.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hope Happens Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.5% | +5.7% | +16.7% |
| 2022 | -37.3% | -19.5% | -15.1% |
| 2021 | +21.3% | +21.6% | +8.0% |
| 2020 | -7.2% | -18.5% | +6.9% |
| 2019 | -14.1% | -18.6% | -7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Happens 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 Happens 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $34K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
Hope Happens Inc. consistently reports 0% officer compensation across all available filings, indicating a volunteer-led executive team or extremely low executive salaries relative to the organization's size and revenue, which is highly favorable for donor trust.
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 Happens Inc's IRS 990 filings:
- Occasional deficits where expenses exceed revenue (e.g., 202212: Expenses $225,285 vs. Revenue $186,931)
- Lack of detailed functional expense breakdown in public filings makes precise efficiency analysis difficult
Strengths
The following positive indicators were identified for Hope Happens Inc:
- Consistent IRS 990 filing history (13 filings) demonstrates strong transparency and compliance.
- Zero reported officer compensation across all filings, indicating efficient use of funds at the leadership level.
- Very low liabilities (e.g., $3,439 in 2023) suggest a fiscally conservative approach and minimal debt.
- Stable asset base (e.g., $249,280 in 2023) provides a cushion for operations.
- Positive net income in the most recent filing (202312: Revenue $272,042, Expenses $238,021).
Frequently Asked Questions about Hope Happens Inc
Is Hope Happens Inc a legitimate charity?
Hope Happens Inc (EIN: 202523211) is a registered tax-exempt nonprofit based in Missouri. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $306K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Hope Happens Inc spend its money?
Hope Happens Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hope Happens Inc tax-deductible?
Hope Happens Inc is registered as a tax-exempt nonprofit (EIN: 202523211). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hope Happens Inc's spending goes to programs?
Hope Happens Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hope Happens Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hope Happens Inc is above average for NTEE category G96 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hope Happens Inc located?
Hope Happens Inc is headquartered in Saint Louis, Missouri and files with the IRS under EIN 202523211. It is classified under NTEE code G96.
How many years of IRS 990 filings does Hope Happens Inc have?
Hope Happens Inc has 13 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 $306K in total revenue.
Is Hope Happens Inc. financially stable?
Yes, Hope Happens Inc. appears financially stable, maintaining a consistent asset base (e.g., $249,280 in 2023) and very low liabilities (e.g., $3,439 in 2023), indicating prudent financial management despite fluctuating annual revenues and expenses.
How much of my donation goes to programs?
Based on typical small nonprofit structures and the lack of officer compensation, an estimated 80% of funds likely go directly to programs, with the remaining 20% covering administrative and fundraising costs.
Does Hope Happens Inc. pay its executives?
No, the IRS 990 filings for Hope Happens Inc. consistently report 0% officer compensation, suggesting that executive leadership is either volunteer-based or compensated at a level not requiring disclosure as officer compensation.
Has Hope Happens Inc. grown its revenue recently?
Revenue has fluctuated, but the latest reported revenue of $272,042 in 2023 is an increase from $186,931 in 2022, indicating recent growth after a dip.
Filing History
IRS 990 filing history for Hope Happens Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hope Happens Inc's revenue has declined by 53.1%, moving from $580K to $272K. Total assets decreased by 22.7% over the same period, from $322K to $249K. Total functional expenses fell by 58.8%, from $577K to $238K. In its most recent filing year (2023), Hope Happens Inc reported a surplus of $34K, with revenue exceeding expenses. The organization holds $3K in liabilities against $249K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $246K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $272K | $238K | $249K | $3K | — | — |
| 2022 | $187K | $225K | $214K | $2K | — | View 990 |
| 2021 | $298K | $280K | $252K | $1K | — | View 990 |
| 2020 | $246K | $230K | $233K | $1K | — | View 990 |
| 2019 | $265K | $282K | $218K | $2K | — | View 990 |
| 2018 | $308K | $347K | $236K | $2K | — | View 990 |
| 2017 | $289K | $315K | $273K | $6K | — | View 990 |
| 2016 | $346K | $310K | $294K | $0 | — | View 990 |
| 2015 | $331K | $382K | $258K | $21 | — | View 990 |
| 2014 | $362K | $361K | $310K | $1K | — | View 990 |
| 2013 | $362K | $299K | $308K | $0 | — | View 990 |
| 2012 | $393K | $467K | $248K | $3K | — | View 990 |
| 2011 | $580K | $577K | $322K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $272K, expenses of $238K, and assets of $249K (revenue +45.5% year-over-year).
- 2022: Revenue of $187K, expenses of $225K, and assets of $214K (revenue -37.3% year-over-year).
- 2021: Revenue of $298K, expenses of $280K, and assets of $252K (revenue +21.3% year-over-year).
- 2020: Revenue of $246K, expenses of $230K, and assets of $233K (revenue -7.2% year-over-year).
- 2019: Revenue of $265K, expenses of $282K, and assets of $218K (revenue -14.1% year-over-year).
- 2018: Revenue of $308K, expenses of $347K, and assets of $236K (revenue +6.8% year-over-year).
- 2017: Revenue of $289K, expenses of $315K, and assets of $273K (revenue -16.5% year-over-year).
- 2016: Revenue of $346K, expenses of $310K, and assets of $294K (revenue +4.4% year-over-year).
- 2015: Revenue of $331K, expenses of $382K, and assets of $258K (revenue -8.6% year-over-year).
- 2014: Revenue of $362K, expenses of $361K, and assets of $310K (revenue +0.2% year-over-year).
- 2013: Revenue of $362K, expenses of $299K, and assets of $308K (revenue -7.9% year-over-year).
- 2012: Revenue of $393K, expenses of $467K, and assets of $248K (revenue -32.2% year-over-year).
- 2011: Revenue of $580K, expenses of $577K, and assets of $322K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope Happens Inc:
Data Sources and Methodology
This transparency report for Hope Happens 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.