Hope Reins Healing Inc
EIN: 863106646 · Leeds, UT · NTEE: E86
| Metric | Value |
|---|---|
| Total Revenue | $103K |
| Total Expenses | $119K |
| Net Assets | $3K |
Is Hope Reins Healing 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 Reins Healing Inc
Hope Reins Healing Inc (EIN: 863106646) is a nonprofit organization based in Leeds, UT, classified under NTEE code E86. The organization reported total revenue of $103K and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope Reins Healing Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope Reins Healing Inc is a small nonprofit that has been operating for 5 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -23.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $110K |
| Total Expenses | $119K |
| Surplus / Deficit | $-9,106 |
| Total Assets | $3K |
| Net Assets | $3K |
| Operating Margin | -8.3% |
| Months of Reserves | 0.3 months |
Financial Health Grade: C
In 2023, Hope Reins Healing Inc reported a deficit of $9K with expenses exceeding revenue, holds 0.3 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2022–2023), Hope Reins Healing Inc's revenue has declined at a compound annual growth rate (CAGR) of -23.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.8% | -16.4% | -78.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1500 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hope Reins Healing 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 Reins Healing 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
Frequently Asked Questions about Hope Reins Healing Inc
Is Hope Reins Healing Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hope Reins Healing Inc (EIN: 863106646) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hope Reins Healing Inc spend its money?
Detailed spending breakdown data is not yet available for Hope Reins Healing Inc. Check back for updated IRS 990 analysis.
Are donations to Hope Reins Healing Inc tax-deductible?
Hope Reins Healing Inc is registered as a tax-exempt nonprofit (EIN: 863106646). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hope Reins Healing Inc located?
Hope Reins Healing Inc is headquartered in Leeds, Utah and files with the IRS under EIN 863106646. It is classified under NTEE code E86.
How many years of IRS 990 filings does Hope Reins Healing Inc have?
Hope Reins Healing Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $103K in total revenue.
Filing History
IRS 990 filing history for Hope Reins Healing Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Hope Reins Healing Inc's revenue has declined by 23.8%, moving from $144K to $110K. Total assets decreased by 78% over the same period, from $12K to $3K. Total functional expenses fell by 16.4%, from $142K to $119K. In its most recent filing year (2023), Hope Reins Healing Inc reported a deficit of $9K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $110K | $119K | $3K | $0 | — | View 990 |
| 2022 | $144K | $142K | $12K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope Reins Healing Inc:
Data Sources and Methodology
This transparency report for Hope Reins Healing 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.