Hope Movement Center Nfp
EIN: 872984336 · Groveland, FL · NTEE: X21Z
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $1.0M |
| Net Assets | $-29,178 |
Is Hope Movement Center Nfp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hope Movement Center Nfp
Hope Movement Center Nfp (EIN: 872984336) is a nonprofit organization based in Groveland, FL, classified under NTEE code X21Z. The organization reported total revenue of $1.0M and total assets of $478K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope Movement Center Nfp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope Movement Center Nfp is a mid-size nonprofit that has been operating for 28 years.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-29,178 |
| Total Assets | $107 |
| Total Liabilities | $29K |
| Net Assets | $-29,178 |
| Operating Margin | -2.9% |
| Debt-to-Asset Ratio | 27369.2% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2022, Hope Movement Center Nfp reported a deficit of $29K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 27369.2% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hope Movement Center Nfp 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 Movement Center Nfp 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $29K, with expenses exceeding revenue.
- Debt-to-asset ratio: 27369.2%.
Frequently Asked Questions about Hope Movement Center Nfp
Is Hope Movement Center Nfp a legitimate charity?
Based on AI analysis of IRS 990 filings, Hope Movement Center Nfp (EIN: 872984336) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hope Movement Center Nfp spend its money?
Detailed spending breakdown data is not yet available for Hope Movement Center Nfp. Check back for updated IRS 990 analysis.
Are donations to Hope Movement Center Nfp tax-deductible?
Hope Movement Center Nfp is registered as a tax-exempt nonprofit (EIN: 872984336). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hope Movement Center Nfp located?
Hope Movement Center Nfp is headquartered in Groveland, Florida and files with the IRS under EIN 872984336. It is classified under NTEE code X21Z.
Filing History
IRS 990 filing history for Hope Movement Center Nfp showing financial trends over 1 year of public records:
In its most recent filing year (2022), Hope Movement Center Nfp reported a deficit of $29K, with expenses exceeding revenue. The organization holds $29K in liabilities against $107 in assets (debt-to-asset ratio: 27369.2%), resulting in net assets of $-29,178.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.0M | $1.0M | $107 | $29K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope Movement Center Nfp:
Data Sources and Methodology
This transparency report for Hope Movement Center Nfp 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.