Hope In Action Inc
EIN: 465470090 · Prattville, AL
Is Hope In Action Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hope In Action Inc
Hope In Action Inc (EIN: 465470090) is a nonprofit organization based in Prattville, AL. The organization reported total revenue of $174K and total assets of $1K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope In Action 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 In Action 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 In Action 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.
Frequently Asked Questions about Hope In Action Inc
Is Hope In Action Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hope In Action Inc (EIN: 465470090) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hope In Action Inc spend its money?
Detailed spending breakdown data is not yet available for Hope In Action Inc. Check back for updated IRS 990 analysis.
Are donations to Hope In Action Inc tax-deductible?
Hope In Action Inc is registered as a tax-exempt nonprofit (EIN: 465470090). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Hope In Action Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Hope In Action Inc's revenue has grown by 133.7%, moving from $81K to $188K. Total assets increased by 963.1% over the same period, from $420 to $4K. Total functional expenses rose by 128.9%, from $80K to $183K. In its most recent filing year (2023), Hope In Action Inc reported a surplus of $5K, with revenue exceeding expenses. The organization holds $58K in liabilities against $4K in assets (debt-to-asset ratio: 1293.3%), resulting in net assets of $-53,279.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $188K | $183K | $4K | $58K | — | — |
| 2022 | $198K | $201K | $7K | $65K | — | View 990 |
| 2021 | $213K | $226K | $16K | $71K | — | View 990 |
| 2020 | $222K | $243K | $25K | $68K | — | — |
| 2019 | $249K | $254K | $1K | $22K | — | View 990 |
| 2018 | $254K | $262K | $2K | $18K | — | View 990 |
| 2017 | $249K | $242K | $3K | $11K | — | View 990 |
| 2016 | $234K | $250K | $3K | $18K | — | View 990 |
| 2015 | $153K | $153K | $378 | $0 | — | View 990 |
| 2014 | $81K | $80K | $420 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $188K, expenses of $183K, and assets of $4K (revenue -4.9% year-over-year).
- 2022: Revenue of $198K, expenses of $201K, and assets of $7K (revenue -7.2% year-over-year).
- 2021: Revenue of $213K, expenses of $226K, and assets of $16K (revenue -4.0% year-over-year).
- 2020: Revenue of $222K, expenses of $243K, and assets of $25K (revenue -10.7% year-over-year).
- 2019: Revenue of $249K, expenses of $254K, and assets of $1K (revenue -2.2% year-over-year).
- 2018: Revenue of $254K, expenses of $262K, and assets of $2K (revenue +2.1% year-over-year).
- 2017: Revenue of $249K, expenses of $242K, and assets of $3K (revenue +6.4% year-over-year).
- 2016: Revenue of $234K, expenses of $250K, and assets of $3K (revenue +53.0% year-over-year).
- 2015: Revenue of $153K, expenses of $153K, and assets of $378 (revenue +90.1% year-over-year).
- 2014: Revenue of $81K, expenses of $80K, and assets of $420.
Data Sources and Methodology
This transparency report for Hope In Action 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.