Hope Rising For Children Inc
Hope Rising For Children Inc maintains strong asset growth and zero liabilities with volunteer leadership.
EIN: 141853676 · Washington, DC · NTEE: P33 · Updated: 2026-03-28
Is Hope Rising For Children Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hope Rising For Children Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hope Rising For Children Inc
Hope Rising For Children Inc (EIN: 141853676) is a nonprofit organization based in Washington, DC, classified under NTEE code P33. The organization reported total revenue of $35K and total assets of $313K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope Rising For Children Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope Rising For Children Inc is a micro nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $62K |
| Total Expenses | $38K |
| Surplus / Deficit | +$24K |
| Total Assets | $311K |
| Net Assets | $311K |
| Operating Margin | 38.8% |
| Months of Reserves | 98.3 months |
Financial Health Grade: A
In 2022, Hope Rising For Children Inc reported a surplus of $24K with revenue exceeding expenses, holds 98.3 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Hope Rising For Children Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -5.2% | -4.2% | +8.4% |
| 2021 | -8.3% | -36.2% | +9.9% |
| 2020 | +23.8% | +47.5% | +3.7% |
| 2019 | -2.6% | -13.1% | +6.6% |
| 2018 | -25.6% | -26.1% | +4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Rising For Children Inc with a Mission Score of 85 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: 90%
- fundraising: 0%
According to IRS 990 filings, Hope Rising For Children Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $24K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through means not categorized as officer compensation on the 990, which is highly favorable for a small organization of this size.
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 Rising For Children Inc:
- Consistent asset growth from $146,160 in 2013 to $311,219 in 2022, indicating strong financial stewardship.
- Zero reported liabilities across all 12 filings, demonstrating excellent financial health and no debt.
- 0% officer compensation reported in all filings, suggesting highly efficient use of funds for programs.
- Consistent filing history of 12 IRS 990 forms, indicating good transparency.
- Positive net assets maintained throughout the entire filing history, showing financial resilience.
Frequently Asked Questions about Hope Rising For Children Inc
Is Hope Rising For Children Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hope Rising For Children Inc (EIN: 141853676) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Hope Rising For Children Inc spend its money?
Hope Rising For Children Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hope Rising For Children Inc tax-deductible?
Hope Rising For Children Inc is registered as a tax-exempt nonprofit (EIN: 141853676). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Hope Rising For Children Inc manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization relies heavily on volunteer leadership or that any compensation is structured in a way that it is not reported as officer compensation on the IRS 990 forms. This is a significant factor in their financial efficiency.
What is the trend in Hope Rising For Children Inc's revenue?
Revenue has fluctuated over the years, peaking at $95,127 in 2014 and showing a recent decline to $35,421 in the latest period. Despite this, the organization has consistently maintained positive net assets.
What is the organization's financial stability given its asset growth?
Hope Rising For Children Inc demonstrates strong financial stability, with assets growing from $146,160 in 2013 to $311,219 in 2022, and consistently reporting $0 in liabilities. This indicates a healthy financial position and prudent management.
Filing History
IRS 990 filing history for Hope Rising For Children Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Hope Rising For Children Inc's revenue has grown by 7.1%, moving from $58K to $62K. Total assets increased by 166.7% over the same period, from $117K to $311K. Total functional expenses fell by 32.2%, from $56K to $38K. In its most recent filing year (2022), Hope Rising For Children Inc reported a surplus of $24K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $62K | $38K | $311K | $0 | — | — |
| 2021 | $65K | $40K | $287K | $0 | — | — |
| 2020 | $71K | $62K | $261K | $0 | — | View 990 |
| 2019 | $58K | $42K | $252K | $0 | — | View 990 |
| 2018 | $59K | $48K | $237K | $0 | — | View 990 |
| 2017 | $79K | $66K | $226K | $0 | — | — |
| 2016 | $56K | $63K | $212K | $0 | — | View 990 |
| 2015 | $72K | $46K | $219K | $0 | — | View 990 |
| 2014 | $95K | $49K | $192K | $0 | — | View 990 |
| 2013 | $22K | $18K | $146K | $0 | — | View 990 |
| 2012 | $39K | $14K | $142K | $0 | — | View 990 |
| 2011 | $58K | $56K | $117K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $62K, expenses of $38K, and assets of $311K (revenue -5.2% year-over-year).
- 2021: Revenue of $65K, expenses of $40K, and assets of $287K (revenue -8.3% year-over-year).
- 2020: Revenue of $71K, expenses of $62K, and assets of $261K (revenue +23.8% year-over-year).
- 2019: Revenue of $58K, expenses of $42K, and assets of $252K (revenue -2.6% year-over-year).
- 2018: Revenue of $59K, expenses of $48K, and assets of $237K (revenue -25.6% year-over-year).
- 2017: Revenue of $79K, expenses of $66K, and assets of $226K (revenue +41.4% year-over-year).
- 2016: Revenue of $56K, expenses of $63K, and assets of $212K (revenue -22.4% year-over-year).
- 2015: Revenue of $72K, expenses of $46K, and assets of $219K (revenue -23.8% year-over-year).
- 2014: Revenue of $95K, expenses of $49K, and assets of $192K (revenue +324.3% year-over-year).
- 2013: Revenue of $22K, expenses of $18K, and assets of $146K (revenue -42.3% year-over-year).
- 2012: Revenue of $39K, expenses of $14K, and assets of $142K (revenue -32.9% year-over-year).
- 2011: Revenue of $58K, expenses of $56K, and assets of $117K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope Rising For Children Inc:
Data Sources and Methodology
This transparency report for Hope Rising For Children 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.