Hope Helps Inc
Hope Helps Inc consistently operates near break-even with no reported officer compensation.
EIN: 208490916 · Oviedo, FL · NTEE: P20 · Updated: 2026-03-28
About Hope Helps Inc
Hope Helps Inc (EIN: 208490916) is a nonprofit organization based in Oviedo, FL, classified under NTEE code P20. The organization reported total revenue of $3.4M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope Helps Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hope Helps Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Hope Helps Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Hope Helps Inc reports 0% officer compensation across all available filings, suggesting that its executive leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly unusual for an organization of its size with annual revenues exceeding $2 million.
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 Helps Inc's IRS 990 filings:
- No reported officer compensation, which is unusual for an organization of this size and could indicate a need for further clarity on leadership compensation structure.
Strengths
The following positive indicators were identified for Hope Helps Inc:
- Consistent financial filings (13 filings available) demonstrating transparency.
- Healthy asset base, consistently around $2 million in recent years, providing financial stability.
- No reported officer compensation, indicating a highly efficient or volunteer-driven leadership model.
- Consistent revenue growth over the past decade, suggesting expanding impact and donor support.
- Generally operates near break-even, indicating responsible financial management.
Frequently Asked Questions about Hope Helps Inc
Is Hope Helps Inc a good charity?
Based on its consistent program spending, healthy asset base, and lack of reported officer compensation, Hope Helps Inc appears to be a very good charity, demonstrating strong financial stewardship and a clear focus on its mission.
How does Hope Helps Inc fund its operations without officer compensation?
The filings indicate 0% officer compensation, which suggests that executive leadership may be entirely volunteer, or compensated through other means not categorized as 'officer compensation' on the 990. This is a strong indicator of efficiency but could also warrant further investigation into the organizational structure.
What is the trend in Hope Helps Inc's revenue and expenses?
Hope Helps Inc has shown a general upward trend in both revenue and expenses over the past decade, growing from approximately $1.7 million in revenue in 2014 to over $2.7 million in 2023, indicating expansion of its operations.
Filing History
IRS 990 filing history for Hope Helps Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hope Helps Inc's revenue has grown by 46.4%, moving from $1.9M to $2.7M. Total assets increased by 912.2% over the same period, from $199K to $2.0M. Total functional expenses rose by 52.3%, from $1.9M to $2.8M. In its most recent filing year (2023), Hope Helps Inc reported a deficit of $120K, with expenses exceeding revenue. The organization holds $626K in liabilities against $2.0M in assets (debt-to-asset ratio: 31.2%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $2.8M | $2.0M | $626K | — | View 990 |
| 2022 | $2.5M | $2.5M | $2.1M | $638K | — | View 990 |
| 2021 | $2.1M | $1.9M | $2.2M | $659K | — | View 990 |
| 2020 | $1.8M | $1.6M | $2.1M | $676K | — | View 990 |
| 2019 | $2.2M | $2.2M | $1.8M | $603K | — | View 990 |
| 2018 | $1.9M | $1.9M | $1.8M | $628K | — | View 990 |
| 2017 | $1.9M | $1.8M | $1.7M | $646K | — | View 990 |
| 2016 | $2.3M | $1.7M | $1.8M | $803K | — | View 990 |
| 2015 | $1.9M | $1.9M | $757K | $381K | — | View 990 |
| 2014 | $1.8M | $1.6M | $635K | $324K | — | View 990 |
| 2013 | $1.7M | $1.7M | $184K | $17K | — | View 990 |
| 2012 | $1.9M | $1.9M | $180K | $15K | — | View 990 |
| 2011 | $1.9M | $1.9M | $199K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $2.8M, and assets of $2.0M (revenue +9.9% year-over-year).
- 2022: Revenue of $2.5M, expenses of $2.5M, and assets of $2.1M (revenue +15.3% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.9M, and assets of $2.2M (revenue +19.3% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.6M, and assets of $2.1M (revenue -18.8% year-over-year).
- 2019: Revenue of $2.2M, expenses of $2.2M, and assets of $1.8M (revenue +14.1% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.9M, and assets of $1.8M (revenue +3.1% year-over-year).
- 2017: Revenue of $1.9M, expenses of $1.8M, and assets of $1.7M (revenue -19.6% year-over-year).
- 2016: Revenue of $2.3M, expenses of $1.7M, and assets of $1.8M (revenue +21.7% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.9M, and assets of $757K (revenue +8.9% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.6M, and assets of $635K (revenue +3.2% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.7M, and assets of $184K (revenue -9.1% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.9M, and assets of $180K (revenue +1.5% year-over-year).
- 2011: Revenue of $1.9M, expenses of $1.9M, and assets of $199K.
Data Sources and Methodology
This transparency report for Hope Helps 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.