Hope Homeless Outreach Providing Encouragement
EIN: 711033219 · Longmont, CO · NTEE: P85
| Metric | Value |
|---|---|
| Total Revenue | $1.6M |
| Total Expenses | $1.3M |
| Net Assets | $412K |
Is Hope Homeless Outreach Providing Encouragement Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hope Homeless Outreach Providing Encouragement
Hope Homeless Outreach Providing Encouragement (EIN: 711033219) is a nonprofit organization based in Longmont, CO, classified under NTEE code P85. The organization reported total revenue of $1.6M and total assets of $570K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope Homeless Outreach Providing Encouragement's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope Homeless Outreach Providing Encouragement is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$56K |
| Total Assets | $660K |
| Total Liabilities | $248K |
| Net Assets | $412K |
| Operating Margin | 4.2% |
| Debt-to-Asset Ratio | 37.6% |
| Months of Reserves | 6.2 months |
Financial Health Grade: A
In 2023, Hope Homeless Outreach Providing Encouragement reported a surplus of $56K with revenue exceeding expenses, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 37.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hope Homeless Outreach Providing Encouragement's revenue has grown at a compound annual growth rate (CAGR) of 14.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.8% | -10.3% | +54.1% |
| 2022 | +4.2% | +4.2% | -22.4% |
| 2021 | +13.4% | +51.5% | -20.6% |
| 2020 | +57.3% | +43.7% | +29.5% |
| 2019 | -28.2% | -23.5% | +14.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hope Homeless Outreach Providing Encouragement 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 Homeless Outreach Providing Encouragement 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 surplus of $56K, with revenue exceeding expenses.
- Debt-to-asset ratio: 37.6%.
Frequently Asked Questions about Hope Homeless Outreach Providing Encouragement
Is Hope Homeless Outreach Providing Encouragement a legitimate charity?
Hope Homeless Outreach Providing Encouragement (EIN: 711033219) is a registered tax-exempt nonprofit based in Colorado. It has 13 years of IRS 990 filings on record. Total revenue: $1.6M. No red flags identified. Financial health grade: A.
How does Hope Homeless Outreach Providing Encouragement spend its money?
Hope Homeless Outreach Providing Encouragement reported $1.6M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hope Homeless Outreach Providing Encouragement tax-deductible?
Hope Homeless Outreach Providing Encouragement is registered as a tax-exempt nonprofit (EIN: 711033219). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hope Homeless Outreach Providing Encouragement located?
Hope Homeless Outreach Providing Encouragement is headquartered in Longmont, Colorado and files with the IRS under EIN 711033219. It is classified under NTEE code P85.
How many years of IRS 990 filings does Hope Homeless Outreach Providing Encouragement have?
Hope Homeless Outreach Providing Encouragement 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 $1.6M in total revenue.
Filing History
IRS 990 filing history for Hope Homeless Outreach Providing Encouragement showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hope Homeless Outreach Providing Encouragement's revenue has grown by 417.8%, moving from $258K to $1.3M. Total assets increased by 321.9% over the same period, from $157K to $660K. Total functional expenses rose by 401.3%, from $256K to $1.3M. In its most recent filing year (2023), Hope Homeless Outreach Providing Encouragement reported a surplus of $56K, with revenue exceeding expenses. The organization holds $248K in liabilities against $660K in assets (debt-to-asset ratio: 37.6%), resulting in net assets of $412K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.3M | $660K | $248K | — | — |
| 2022 | $1.3M | $1.4M | $429K | $72K | — | View 990 |
| 2021 | $1.2M | $1.4M | $553K | $32K | — | View 990 |
| 2020 | $1.1M | $906K | $696K | $16K | — | — |
| 2019 | $680K | $630K | $537K | $22K | — | View 990 |
| 2018 | $947K | $824K | $468K | $4K | — | View 990 |
| 2017 | $677K | $726K | $350K | $7K | — | View 990 |
| 2016 | $767K | $663K | $402K | $10K | — | View 990 |
| 2015 | $430K | $374K | $288K | $0 | — | View 990 |
| 2014 | $522K | $502K | $232K | $0 | — | View 990 |
| 2013 | $579K | $544K | $212K | $0 | — | View 990 |
| 2012 | $447K | $426K | $177K | $0 | — | View 990 |
| 2011 | $258K | $256K | $157K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.3M, and assets of $660K (revenue +5.8% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.4M, and assets of $429K (revenue +4.2% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.4M, and assets of $553K (revenue +13.4% year-over-year).
- 2020: Revenue of $1.1M, expenses of $906K, and assets of $696K (revenue +57.3% year-over-year).
- 2019: Revenue of $680K, expenses of $630K, and assets of $537K (revenue -28.2% year-over-year).
- 2018: Revenue of $947K, expenses of $824K, and assets of $468K (revenue +39.7% year-over-year).
- 2017: Revenue of $677K, expenses of $726K, and assets of $350K (revenue -11.7% year-over-year).
- 2016: Revenue of $767K, expenses of $663K, and assets of $402K (revenue +78.4% year-over-year).
- 2015: Revenue of $430K, expenses of $374K, and assets of $288K (revenue -17.6% year-over-year).
- 2014: Revenue of $522K, expenses of $502K, and assets of $232K (revenue -9.8% year-over-year).
- 2013: Revenue of $579K, expenses of $544K, and assets of $212K (revenue +29.5% year-over-year).
- 2012: Revenue of $447K, expenses of $426K, and assets of $177K (revenue +72.9% year-over-year).
- 2011: Revenue of $258K, expenses of $256K, and assets of $157K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope Homeless Outreach Providing Encouragement:
Data Sources and Methodology
This transparency report for Hope Homeless Outreach Providing Encouragement 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.