Hopelawn Engine Co 1
EIN: 273779691 · Hopelawn, NJ · NTEE: M24
| Metric | Value |
|---|---|
| Total Revenue | $259K |
| Total Expenses | $189K |
| Net Assets | $91K |
Is Hopelawn Engine Co 1 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hopelawn Engine Co 1
Hopelawn Engine Co 1 (EIN: 273779691) is a nonprofit organization based in Hopelawn, NJ, classified under NTEE code M24. The organization reported total revenue of $259K and total assets of $104K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hopelawn Engine Co 1's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hopelawn Engine Co 1 is a small nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $246K |
| Total Expenses | $189K |
| Surplus / Deficit | +$57K |
| Total Assets | $91K |
| Net Assets | $91K |
| Operating Margin | 23.0% |
| Months of Reserves | 5.7 months |
Financial Health Grade: A
In 2023, Hopelawn Engine Co 1 reported a surplus of $57K with revenue exceeding expenses, holds 5.7 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Hopelawn Engine Co 1's revenue has grown at a compound annual growth rate (CAGR) of 14.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.7% | +16.8% | +1.5% |
| 2022 | +7.2% | -0.1% | +367.4% |
| 2021 | +11.2% | +12.2% | +20.0% |
| 2020 | +2.9% | -1.5% | +34.9% |
| 2019 | -1.5% | +3.2% | -16.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hopelawn Engine Co 1 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 Hopelawn Engine Co 1 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 $57K, with revenue exceeding expenses.
Frequently Asked Questions about Hopelawn Engine Co 1
Is Hopelawn Engine Co 1 a legitimate charity?
Hopelawn Engine Co 1 (EIN: 273779691) is a registered tax-exempt nonprofit based in New Jersey. It has 13 years of IRS 990 filings on record. Total revenue: $259K. No red flags identified. Financial health grade: A.
How does Hopelawn Engine Co 1 spend its money?
Hopelawn Engine Co 1 reported $259K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hopelawn Engine Co 1 tax-deductible?
Hopelawn Engine Co 1 is registered as a tax-exempt nonprofit (EIN: 273779691). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hopelawn Engine Co 1 located?
Hopelawn Engine Co 1 is headquartered in Hopelawn, New Jersey and files with the IRS under EIN 273779691. It is classified under NTEE code M24.
How many years of IRS 990 filings does Hopelawn Engine Co 1 have?
Hopelawn Engine Co 1 has 13 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 $259K in total revenue.
Filing History
IRS 990 filing history for Hopelawn Engine Co 1 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hopelawn Engine Co 1's revenue has grown by 399.6%, moving from $49K to $246K. Total assets increased by 77.4% over the same period, from $51K to $91K. Total functional expenses rose by 352.2%, from $42K to $189K. In its most recent filing year (2023), Hopelawn Engine Co 1 reported a surplus of $57K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $246K | $189K | $91K | $0 | — | View 990 |
| 2022 | $177K | $162K | $89K | $55K | — | View 990 |
| 2021 | $165K | $162K | $19K | $0 | — | View 990 |
| 2020 | $149K | $145K | $16K | $0 | — | — |
| 2019 | $144K | $147K | $12K | $0 | — | View 990 |
| 2018 | $147K | $142K | $14K | $0 | — | View 990 |
| 2017 | $141K | $144K | $10K | $0 | — | View 990 |
| 2016 | $148K | $161K | $13K | $309 | — | View 990 |
| 2015 | $137K | $164K | $26K | $311 | — | View 990 |
| 2014 | $129K | $136K | $55K | $1K | — | View 990 |
| 2013 | $148K | $137K | $62K | $1K | — | View 990 |
| 2012 | $76K | $78K | $49K | $0 | — | View 990 |
| 2011 | $49K | $42K | $51K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $246K, expenses of $189K, and assets of $91K (revenue +38.7% year-over-year).
- 2022: Revenue of $177K, expenses of $162K, and assets of $89K (revenue +7.2% year-over-year).
- 2021: Revenue of $165K, expenses of $162K, and assets of $19K (revenue +11.2% year-over-year).
- 2020: Revenue of $149K, expenses of $145K, and assets of $16K (revenue +2.9% year-over-year).
- 2019: Revenue of $144K, expenses of $147K, and assets of $12K (revenue -1.5% year-over-year).
- 2018: Revenue of $147K, expenses of $142K, and assets of $14K (revenue +4.4% year-over-year).
- 2017: Revenue of $141K, expenses of $144K, and assets of $10K (revenue -5.2% year-over-year).
- 2016: Revenue of $148K, expenses of $161K, and assets of $13K (revenue +8.1% year-over-year).
- 2015: Revenue of $137K, expenses of $164K, and assets of $26K (revenue +6.5% year-over-year).
- 2014: Revenue of $129K, expenses of $136K, and assets of $55K (revenue -12.7% year-over-year).
- 2013: Revenue of $148K, expenses of $137K, and assets of $62K (revenue +94.5% year-over-year).
- 2012: Revenue of $76K, expenses of $78K, and assets of $49K (revenue +54.1% year-over-year).
- 2011: Revenue of $49K, expenses of $42K, and assets of $51K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hopelawn Engine Co 1:
Data Sources and Methodology
This transparency report for Hopelawn Engine Co 1 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.