Hope Homes Inc
EIN: 843874775 · Springfield, MO · NTEE: F20
About Hope Homes Inc
Hope Homes Inc (EIN: 843874775) is a nonprofit organization based in Springfield, MO, classified under NTEE code F20. The organization reported total revenue of $232K and total assets of $28K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope Homes Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Hope Homes Inc 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 Homes Inc 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.
Filing History
IRS 990 filing history for Hope Homes Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2019–2022), Hope Homes Inc's revenue has grown by 2523.7%, moving from $8K to $214K. Total assets increased by 2121.7% over the same period, from $1K to $28K. Total functional expenses rose by 2784.8%, from $9K to $258K. In its most recent filing year (2022), Hope Homes Inc reported a deficit of $44K, with expenses exceeding revenue. The organization holds $79K in liabilities against $28K in assets (debt-to-asset ratio: 279.4%), resulting in net assets of $-50,606.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $214K | $258K | $28K | $79K | — | — |
| 2021 | $215K | $173K | $58K | $65K | — | — |
| 2019 | $8K | $9K | $1K | $0 | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $214K, expenses of $258K, and assets of $28K (revenue -0.8% year-over-year).
- 2021: Revenue of $215K, expenses of $173K, and assets of $58K (revenue +2544.1% year-over-year).
- 2019: Revenue of $8K, expenses of $9K, and assets of $1K.
Data Sources and Methodology
This transparency report for Hope Homes 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.