Hope4 Recovery
EIN: 822997643 · Berlin, MD · NTEE: F22
| Metric | Value |
|---|---|
| Total Revenue | $744K |
| Total Expenses | $581K |
| Net Assets | $133K |
Is Hope4 Recovery Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hope4 Recovery
Hope4 Recovery (EIN: 822997643) is a nonprofit organization based in Berlin, MD, classified under NTEE code F22. The organization reported total revenue of $744K and total assets of $826K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hope4 Recovery's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hope4 Recovery is a small nonprofit that has been operating for 8 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 48.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $592K |
| Total Expenses | $581K |
| Surplus / Deficit | +$11K |
| Total Assets | $768K |
| Total Liabilities | $635K |
| Net Assets | $133K |
| Operating Margin | 1.8% |
| Debt-to-Asset Ratio | 82.7% |
| Months of Reserves | 15.9 months |
Financial Health Grade: A
In 2023, Hope4 Recovery reported a surplus of $11K with revenue exceeding expenses, holds 15.9 months of operating reserves (strong position), has a debt-to-asset ratio of 82.7% (high leverage).
Financial Trends
Over 5 years of filings (2019–2023), Hope4 Recovery's revenue has grown at a compound annual growth rate (CAGR) of 48.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +83.9% | +72.5% | +4.2% |
| 2022 | +39.2% | +116.0% | +32.9% |
| 2021 | +20.4% | -6.8% | +18.6% |
| 2020 | +59.7% | +33.8% | +10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hope4 Recovery 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 Hope4 Recovery 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 surplus of $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 82.7%.
Frequently Asked Questions about Hope4 Recovery
Is Hope4 Recovery a legitimate charity?
Based on AI analysis of IRS 990 filings, Hope4 Recovery (EIN: 822997643) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hope4 Recovery spend its money?
Detailed spending breakdown data is not yet available for Hope4 Recovery. Check back for updated IRS 990 analysis.
Are donations to Hope4 Recovery tax-deductible?
Hope4 Recovery is registered as a tax-exempt nonprofit (EIN: 822997643). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hope4 Recovery located?
Hope4 Recovery is headquartered in Berlin, Maryland and files with the IRS under EIN 822997643. It is classified under NTEE code F22.
How many years of IRS 990 filings does Hope4 Recovery have?
Hope4 Recovery 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 $744K in total revenue.
Filing History
IRS 990 filing history for Hope4 Recovery showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Hope4 Recovery's revenue has grown by 392.2%, moving from $120K to $592K. Total assets increased by 80.6% over the same period, from $425K to $768K. Total functional expenses rose by 364.9%, from $125K to $581K. In its most recent filing year (2023), Hope4 Recovery reported a surplus of $11K, with revenue exceeding expenses. The organization holds $635K in liabilities against $768K in assets (debt-to-asset ratio: 82.7%), resulting in net assets of $133K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $592K | $581K | $768K | $635K | — | — |
| 2022 | $322K | $337K | $737K | $644K | — | — |
| 2021 | $231K | $156K | $555K | $446K | — | View 990 |
| 2020 | $192K | $167K | $468K | $435K | — | — |
| 2019 | $120K | $125K | $425K | $417K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $592K, expenses of $581K, and assets of $768K (revenue +83.9% year-over-year).
- 2022: Revenue of $322K, expenses of $337K, and assets of $737K (revenue +39.2% year-over-year).
- 2021: Revenue of $231K, expenses of $156K, and assets of $555K (revenue +20.4% year-over-year).
- 2020: Revenue of $192K, expenses of $167K, and assets of $468K (revenue +59.7% year-over-year).
- 2019: Revenue of $120K, expenses of $125K, and assets of $425K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hope4 Recovery:
Data Sources and Methodology
This transparency report for Hope4 Recovery 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.