Hope House Of Mcalester Inc
Hope House Of Mcalester Inc shows strong asset growth and no reported executive compensation, but faced a deficit in its latest fiscal year.
EIN: 208588399 · Mcalester, OK · NTEE: L410 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $246K |
| Total Expenses | $298K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.1M |
| Transparency Score | 88/100 |
Is Hope House Of Mcalester Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hope House Of Mcalester Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hope House Of Mcalester Inc
Hope House Of Mcalester Inc (EIN: 208588399) is a nonprofit organization based in Mcalester, OK, classified under NTEE code L410. The organization reported total revenue of $246K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope House Of Mcalester Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope House Of Mcalester Inc is a small nonprofit that has been operating for 18 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $256K |
| Total Expenses | $298K |
| Surplus / Deficit | $-41,649 |
| Total Assets | $1.1M |
| Total Liabilities | $4K |
| Net Assets | $1.1M |
| Operating Margin | -16.3% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 45.4 months |
Financial Health Grade: B
In 2023, Hope House Of Mcalester Inc reported a deficit of $42K with expenses exceeding revenue, holds 45.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Hope House Of Mcalester Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.4% | +20.7% | -3.7% |
| 2022 | +9.5% | +26.2% | +11.2% |
| 2021 | -27.2% | +0.2% | +15.0% |
| 2020 | +451.4% | +230.6% | +39.4% |
| 2019 | -57.0% | -65.8% | +3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 House Of Mcalester Inc with a Mission Score of 88 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 House Of Mcalester 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $42K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received reportable compensation, which is highly commendable for an organization of this size with assets exceeding $1 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 House Of Mcalester Inc's IRS 990 filings:
- Expenses exceeded revenue in the latest fiscal year (2023), leading to a deficit of $41,649.
Strengths
The following positive indicators were identified for Hope House Of Mcalester Inc:
- Consistent asset growth, reaching $1,125,723 in 2023.
- Extremely low liabilities across all reported periods, indicating strong financial management.
- 0% reported officer compensation in all available filings, demonstrating high efficiency and dedication of resources to the mission.
- Consistent filing of IRS Form 990s, indicating good transparency and accountability.
- Strong program focus implied by the absence of executive compensation and low liabilities.
Frequently Asked Questions about Hope House Of Mcalester Inc
Is Hope House Of Mcalester Inc a legitimate charity?
Hope House Of Mcalester Inc (EIN: 208588399) is a registered tax-exempt nonprofit based in Oklahoma. Our AI analysis gives it a Mission Score of 88/100. It has 14 years of IRS 990 filings on record. Total revenue: $246K. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Hope House Of Mcalester Inc spend its money?
Hope House Of Mcalester Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hope House Of Mcalester Inc tax-deductible?
Hope House Of Mcalester Inc is registered as a tax-exempt nonprofit (EIN: 208588399). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hope House Of Mcalester Inc CEO make?
Hope House Of Mcalester Inc's highest-compensated officer earns $1 annually. The organization reported $246K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hope House Of Mcalester Inc's spending goes to programs?
Hope House Of Mcalester Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hope House Of Mcalester Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Hope House Of Mcalester Inc is above average for NTEE category L410 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hope House Of Mcalester Inc located?
Hope House Of Mcalester Inc is headquartered in Mcalester, Oklahoma and files with the IRS under EIN 208588399. It is classified under NTEE code L410.
How many years of IRS 990 filings does Hope House Of Mcalester Inc have?
Hope House Of Mcalester Inc has 14 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 $246K in total revenue.
Is Hope House Of Mcalester Inc a good charity?
Based on the available data, Hope House Of Mcalester Inc appears to be a good charity. It demonstrates strong financial health with growing assets, very low liabilities, and a commendable record of 0% officer compensation, suggesting efficient use of funds for its mission.
What caused the deficit in 2023?
In 2023, Hope House Of Mcalester Inc reported expenses of $297,661 against revenues of $256,012, resulting in a deficit. The specific causes are not detailed in the summary data but could be due to increased program demand, higher operational costs, or a temporary dip in donations.
How has the organization's revenue trended?
Revenue has fluctuated significantly, from a low of $82,482 in 2019 to a high of $454,825 in 2020. The latest revenue of $256,012 in 2023 is lower than the previous two years ($362,399 in 2022 and $331,026 in 2021), indicating some variability in funding.
Filing History
IRS 990 filing history for Hope House Of Mcalester Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Hope House Of Mcalester Inc's revenue has grown by 71.2%, moving from $150K to $256K. Total assets increased by 75.8% over the same period, from $640K to $1.1M. Total functional expenses rose by 90.6%, from $156K to $298K. In its most recent filing year (2023), Hope House Of Mcalester Inc reported a deficit of $42K, with expenses exceeding revenue. The organization holds $4K in liabilities against $1.1M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $256K | $298K | $1.1M | $4K | — | — |
| 2022 | $362K | $247K | $1.2M | $6K | — | View 990 |
| 2021 | $331K | $196K | $1.1M | $3K | — | View 990 |
| 2020 | $455K | $195K | $914K | $2K | — | — |
| 2019 | $82K | $59K | $656K | $3K | — | View 990 |
| 2019 | $192K | $172K | $631K | $2K | — | View 990 |
| 2018 | $238K | $213K | $613K | $3K | — | View 990 |
| 2017 | $210K | $203K | $587K | $3K | — | View 990 |
| 2016 | $179K | $215K | $579K | $2K | — | View 990 |
| 2015 | $252K | $217K | $616K | $3K | — | View 990 |
| 2014 | $212K | $210K | $582K | $3K | — | View 990 |
| 2013 | $168K | $195K | $579K | $2K | — | View 990 |
| 2012 | $149K | $182K | $607K | $2K | — | View 990 |
| 2011 | $150K | $156K | $640K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $256K, expenses of $298K, and assets of $1.1M (revenue -29.4% year-over-year).
- 2022: Revenue of $362K, expenses of $247K, and assets of $1.2M (revenue +9.5% year-over-year).
- 2021: Revenue of $331K, expenses of $196K, and assets of $1.1M (revenue -27.2% year-over-year).
- 2020: Revenue of $455K, expenses of $195K, and assets of $914K (revenue +451.4% year-over-year).
- 2019: Revenue of $82K, expenses of $59K, and assets of $656K (revenue -57.0% year-over-year).
- 2019: Revenue of $192K, expenses of $172K, and assets of $631K (revenue -19.4% year-over-year).
- 2018: Revenue of $238K, expenses of $213K, and assets of $613K (revenue +13.2% year-over-year).
- 2017: Revenue of $210K, expenses of $203K, and assets of $587K (revenue +17.8% year-over-year).
- 2016: Revenue of $179K, expenses of $215K, and assets of $579K (revenue -29.0% year-over-year).
- 2015: Revenue of $252K, expenses of $217K, and assets of $616K (revenue +18.9% year-over-year).
- 2014: Revenue of $212K, expenses of $210K, and assets of $582K (revenue +26.1% year-over-year).
- 2013: Revenue of $168K, expenses of $195K, and assets of $579K (revenue +12.6% year-over-year).
- 2012: Revenue of $149K, expenses of $182K, and assets of $607K (revenue -0.3% year-over-year).
- 2011: Revenue of $150K, expenses of $156K, and assets of $640K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope House Of Mcalester Inc:
Data Sources and Methodology
This transparency report for Hope House Of Mcalester 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.