Hope Yucatan Inc
EIN: 463327562 · Duluth, GA · NTEE: Q21
| Metric | Value |
|---|---|
| Total Revenue | $500K |
| Total Expenses | $317K |
| Net Assets | $1K |
Is Hope Yucatan 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 Yucatan Inc
Hope Yucatan Inc (EIN: 463327562) is a nonprofit organization based in Duluth, GA, classified under NTEE code Q21. The organization reported total revenue of $500K and total assets of $233K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope Yucatan Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope Yucatan Inc is a small nonprofit that has been operating for 11 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 16.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $315K |
| Total Expenses | $317K |
| Surplus / Deficit | $-2,321 |
| Total Assets | $1K |
| Net Assets | $1K |
| Operating Margin | -0.7% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2023, Hope Yucatan Inc reported a deficit of $2K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 5 years of filings (2019–2023), Hope Yucatan Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +47.9% | +47.4% | +4.9% |
| 2022 | -1.1% | +4.0% | -92.2% |
| 2021 | -9.4% | -17.6% | -47.0% |
| 2020 | +38.2% | +53.9% | +213.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hope Yucatan 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 Yucatan 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 $2K, with expenses exceeding revenue.
Frequently Asked Questions about Hope Yucatan Inc
Is Hope Yucatan Inc a legitimate charity?
Hope Yucatan Inc (EIN: 463327562) is a registered tax-exempt nonprofit based in Georgia. It has 5 years of IRS 990 filings on record. Total revenue: $500K. No red flags identified. Financial health grade: C.
How does Hope Yucatan Inc spend its money?
Hope Yucatan Inc reported $500K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hope Yucatan Inc tax-deductible?
Hope Yucatan Inc is registered as a tax-exempt nonprofit (EIN: 463327562). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hope Yucatan Inc located?
Hope Yucatan Inc is headquartered in Duluth, Georgia and files with the IRS under EIN 463327562. It is classified under NTEE code Q21.
How many years of IRS 990 filings does Hope Yucatan Inc have?
Hope Yucatan Inc has 5 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 $500K in total revenue.
Filing History
IRS 990 filing history for Hope Yucatan Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Hope Yucatan Inc's revenue has grown by 83.3%, moving from $172K to $315K. Total assets decreased by 86.4% over the same period, from $9K to $1K. Total functional expenses rose by 94.5%, from $163K to $317K. In its most recent filing year (2023), Hope Yucatan Inc reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $315K | $317K | $1K | $0 | — | View 990 |
| 2022 | $213K | $215K | $1K | $0 | — | View 990 |
| 2021 | $215K | $207K | $14K | $11K | — | View 990 |
| 2020 | $237K | $251K | $27K | $32K | — | View 990 |
| 2019 | $172K | $163K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $315K, expenses of $317K, and assets of $1K (revenue +47.9% year-over-year).
- 2022: Revenue of $213K, expenses of $215K, and assets of $1K (revenue -1.1% year-over-year).
- 2021: Revenue of $215K, expenses of $207K, and assets of $14K (revenue -9.4% year-over-year).
- 2020: Revenue of $237K, expenses of $251K, and assets of $27K (revenue +38.2% year-over-year).
- 2019: Revenue of $172K, expenses of $163K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope Yucatan Inc:
Data Sources and Methodology
This transparency report for Hope Yucatan 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.