Hope Honoring Opportunities For Personal Empowerment
Hope Honoring Opportunities For Personal Empowerment consistently directs funds to programs with no reported officer compensation.
EIN: 201063694 · Ankeny, IA · NTEE: P50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.2 |
| Net Assets | $379K |
| Transparency Score | 92/100 |
Is Hope Honoring Opportunities For Personal Empowerment Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hope Honoring Opportunities For Personal Empowerment directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hope Honoring Opportunities For Personal Empowerment
Hope Honoring Opportunities For Personal Empowerment (EIN: 201063694) is a nonprofit organization based in Ankeny, IA, classified under NTEE code P50. The organization reported total revenue of $1.4M and total assets of $760K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope Honoring Opportunities For Personal Empowerment's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope Honoring Opportunities For Personal Empowerment is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$56K |
| Total Assets | $566K |
| Total Liabilities | $187K |
| Net Assets | $379K |
| Operating Margin | 4.4% |
| Debt-to-Asset Ratio | 33.1% |
| Months of Reserves | 5.6 months |
Financial Health Grade: A
In 2024, Hope Honoring Opportunities For Personal Empowerment reported a surplus of $56K with revenue exceeding expenses, holds 5.6 months of operating reserves (adequate), has a debt-to-asset ratio of 33.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Hope Honoring Opportunities For Personal Empowerment's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -2.3% | -6.5% | +9.8% |
| 2023 | +5.3% | +10.8% | +24.7% |
| 2022 | +9.3% | +17.0% | +20.8% |
| 2021 | +25.6% | +10.2% | -4.3% |
| 2020 | +2.2% | +5.9% | +68.5% |
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 Honoring Opportunities For Personal Empowerment with a Mission Score of 92 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 Honoring Opportunities For Personal Empowerment 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $56K, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a highly positive sign for a nonprofit of its size, with revenues exceeding $1.2 million annually.
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.
Strengths
The following positive indicators were identified for Hope Honoring Opportunities For Personal Empowerment:
- Consistent revenue growth from $791,041 in 2015 to $1,262,395 in 2024.
- 0% officer compensation reported across all filings, indicating high efficiency.
- Strong program spending ratio, directing the vast majority of expenses to mission-related activities.
- Healthy asset growth, from $193,860 in 2015 to $565,965 in 2024, outpacing liabilities.
- Regular and consistent IRS 990 filing history, demonstrating transparency and compliance.
Frequently Asked Questions about Hope Honoring Opportunities For Personal Empowerment
Is Hope Honoring Opportunities For Personal Empowerment a legitimate charity?
Based on AI analysis of IRS 990 filings, Hope Honoring Opportunities For Personal Empowerment (EIN: 201063694) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Hope Honoring Opportunities For Personal Empowerment spend its money?
Hope Honoring Opportunities For Personal Empowerment directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hope Honoring Opportunities For Personal Empowerment tax-deductible?
Hope Honoring Opportunities For Personal Empowerment is registered as a tax-exempt nonprofit (EIN: 201063694). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hope Honoring Opportunities For Personal Empowerment CEO make?
Hope Honoring Opportunities For Personal Empowerment's highest-compensated officer earns $1.2 annually. The organization reported $1.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hope Honoring Opportunities For Personal Empowerment's spending goes to programs?
Hope Honoring Opportunities For Personal Empowerment directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hope Honoring Opportunities For Personal Empowerment compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Hope Honoring Opportunities For Personal Empowerment is above average for NTEE category P50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hope Honoring Opportunities For Personal Empowerment located?
Hope Honoring Opportunities For Personal Empowerment is headquartered in Ankeny, Iowa and files with the IRS under EIN 201063694. It is classified under NTEE code P50.
How many years of IRS 990 filings does Hope Honoring Opportunities For Personal Empowerment have?
Hope Honoring Opportunities For Personal Empowerment 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 $1.4M in total revenue.
Is Hope Honoring Opportunities For Personal Empowerment a good charity?
Based on its IRS 990 data, HOPE appears to be a very good charity. It consistently allocates a high percentage of its budget to program services, demonstrates steady financial growth, and reports no officer compensation, indicating strong financial stewardship and a focus on its mission.
How has the organization's revenue grown over time?
HOPE has shown consistent revenue growth, increasing from $791,041 in 2015 to $1,262,395 in 2024, representing a significant increase in its financial capacity over the decade.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, meaning no officers received salaries from the organization. This is a strong indicator of financial efficiency and a commitment to maximizing program spending.
Filing History
IRS 990 filing history for Hope Honoring Opportunities For Personal Empowerment showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Hope Honoring Opportunities For Personal Empowerment's revenue has grown by 51.4%, moving from $834K to $1.3M. Total assets increased by 234.7% over the same period, from $169K to $566K. Total functional expenses rose by 49.7%, from $806K to $1.2M. In its most recent filing year (2024), Hope Honoring Opportunities For Personal Empowerment reported a surplus of $56K, with revenue exceeding expenses. The organization holds $187K in liabilities against $566K in assets (debt-to-asset ratio: 33.1%), resulting in net assets of $379K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.3M | $1.2M | $566K | $187K | — | View 990 |
| 2023 | $1.3M | $1.3M | $515K | $197K | — | — |
| 2022 | $1.2M | $1.2M | $413K | $87K | — | View 990 |
| 2021 | $1.1M | $995K | $342K | $72K | — | View 990 |
| 2020 | $894K | $903K | $358K | $216K | — | View 990 |
| 2019 | $875K | $852K | $212K | $62K | — | View 990 |
| 2018 | $767K | $784K | $200K | $72K | — | — |
| 2017 | $805K | $764K | $213K | $68K | — | View 990 |
| 2016 | $788K | $769K | $190K | $86K | — | View 990 |
| 2015 | $791K | $772K | $194K | $110K | — | View 990 |
| 2014 | $838K | $825K | $208K | $144K | — | View 990 |
| 2013 | $883K | $869K | $210K | $159K | — | View 990 |
| 2012 | $834K | $806K | $169K | $132K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.3M, expenses of $1.2M, and assets of $566K (revenue -2.3% year-over-year).
- 2023: Revenue of $1.3M, expenses of $1.3M, and assets of $515K (revenue +5.3% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $413K (revenue +9.3% year-over-year).
- 2021: Revenue of $1.1M, expenses of $995K, and assets of $342K (revenue +25.6% year-over-year).
- 2020: Revenue of $894K, expenses of $903K, and assets of $358K (revenue +2.2% year-over-year).
- 2019: Revenue of $875K, expenses of $852K, and assets of $212K (revenue +14.1% year-over-year).
- 2018: Revenue of $767K, expenses of $784K, and assets of $200K (revenue -4.8% year-over-year).
- 2017: Revenue of $805K, expenses of $764K, and assets of $213K (revenue +2.2% year-over-year).
- 2016: Revenue of $788K, expenses of $769K, and assets of $190K (revenue -0.3% year-over-year).
- 2015: Revenue of $791K, expenses of $772K, and assets of $194K (revenue -5.6% year-over-year).
- 2014: Revenue of $838K, expenses of $825K, and assets of $208K (revenue -5.1% year-over-year).
- 2013: Revenue of $883K, expenses of $869K, and assets of $210K (revenue +5.9% year-over-year).
- 2012: Revenue of $834K, expenses of $806K, and assets of $169K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope Honoring Opportunities For Personal Empowerment:
Data Sources and Methodology
This transparency report for Hope Honoring Opportunities For Personal Empowerment 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.