Hopexchange Inc

Hopexchange Inc experiences volatile revenue and expenses, with no reported officer compensation.

EIN: 204643206 · Scio, OR · NTEE: S32 · Updated: 2026-03-28

$1.4MRevenue

$133KAssets

75/100Mission Score (Good)

S32

About Hopexchange Inc

Hopexchange Inc (EIN: 204643206) is a nonprofit organization based in Scio, OR, classified under NTEE code S32. The organization reported total revenue of $1.4M and total assets of $133K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hopexchange Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Hopexchange Inc demonstrates inconsistent financial performance over the past decade, with significant fluctuations in both revenue and expenses. For instance, revenue jumped from $37,042 in 2017 to $1,292,964 in 2018, and then decreased to $559,569 in 2019 before rising again. The latest filing (202306) shows expenses ($1,433,314) exceeding revenue ($1,064,962), resulting in a deficit for that period. This pattern of revenue volatility and occasional deficits suggests potential challenges in maintaining stable operations or funding. 

The organization's asset base has also varied considerably, from a low of $136,614 in 2023 to a high of $484,381 in 2022. The current asset level of $132,801 is relatively low compared to its latest annual expenses, which could indicate limited reserves for future operations or unexpected needs. A notable positive is the consistent reporting of 0% officer compensation across all available filings, which speaks to a commitment to direct resources towards the mission rather than executive salaries. 

While the lack of officer compensation is a strong indicator of financial prudence at the leadership level, the overall financial health is impacted by the revenue instability and the recent operating deficit. Further analysis of the functional expense breakdown (program, administrative, fundraising) would be necessary to fully assess spending efficiency, as this data is not provided in the summary. However, the consistent lack of executive compensation suggests a focus on minimizing overhead in that area.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hopexchange Inc with a Mission Score of 75 out of 100 (Good). 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: 80%
fundraising: 10%

According to IRS 990 filings, Hopexchange Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Hopexchange Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is a strong positive for resource allocation.

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.

Red Flags

The following concerns were identified during AI analysis of Hopexchange Inc's IRS 990 filings:

Significant revenue volatility year-over-year, making financial planning challenging.
Latest filing (202306) shows expenses ($1,433,314) significantly exceeding revenue ($1,064,962), indicating an operating deficit.
Relatively low asset base ($132,801) compared to annual expenses, potentially limiting financial resilience.

Strengths

The following positive indicators were identified for Hopexchange Inc:

Consistent reporting of 0% officer compensation across all filings, indicating efficient use of funds at the leadership level.
Demonstrates ability to raise substantial funds in certain periods, with revenue exceeding $1 million in multiple years.
NTEE code S32 (International Development, Relief Services) suggests a focus on impactful programs.

Frequently Asked Questions about Hopexchange Inc

Is Hopexchange Inc financially stable given its fluctuating revenue?

The organization's revenue has been highly volatile, ranging from $37,042 to over $1.2 million in different years. This inconsistency, coupled with the latest filing showing expenses exceeding revenue by over $368,000, suggests potential financial instability.

How does the lack of officer compensation impact the organization?

The consistent reporting of 0% officer compensation is a significant strength, indicating that all leadership is likely volunteer-based or compensated through other means not reported as officer compensation, allowing more funds to be directed towards programs.

What is the trend in the organization's assets?

Assets have fluctuated significantly, from a low of $136,614 in 2023 to a high of $484,381 in 2022. The current asset level of $132,801 is relatively low compared to its annual expenses, suggesting limited financial reserves.

Filing History

IRS 990 filing history for Hopexchange Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Hopexchange Inc's revenue has grown by 71.1%, moving from $623K to $1.1M. Total assets decreased by 75.1% over the same period, from $549K to $137K. Total functional expenses rose by 1610.1%, from $84K to $1.4M. In its most recent filing year (2023), Hopexchange Inc reported a deficit of $368K, with expenses exceeding revenue. The organization holds $21K in liabilities against $137K in assets (debt-to-asset ratio: 15.1%), resulting in net assets of $116K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.1M	$1.4M	$137K	$21K	—	—
2022	$461K	$359K	$484K	$0	—	View 990
2021	$943K	$710K	$469K	$87K	—	View 990
2020	$777K	$646K	$176K	$27K	—	View 990
2019	$560K	$682K	$214K	$114K	—	View 990
2018	$1.3M	$1.3M	$485K	$263K	—	View 990
2017	$37K	$152K	$208K	$149	—	—
2016	$683K	$600K	$323K	$0	—	View 990
2015	$1.1M	$1.0M	$240K	$0	—	View 990
2014	$102K	$166K	$198K	$0	—	View 990
2013	$83K	$485K	$222K	$0	—	View 990
2012	$516K	$441K	$624K	$0	—	View 990
2011	$623K	$84K	$549K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.1M, expenses of $1.4M, and assets of $137K (revenue +130.9% year-over-year).
2022: Revenue of $461K, expenses of $359K, and assets of $484K (revenue -51.1% year-over-year).
2021: Revenue of $943K, expenses of $710K, and assets of $469K (revenue +21.3% year-over-year).
2020: Revenue of $777K, expenses of $646K, and assets of $176K (revenue +38.9% year-over-year).
2019: Revenue of $560K, expenses of $682K, and assets of $214K (revenue -56.7% year-over-year).
2018: Revenue of $1.3M, expenses of $1.3M, and assets of $485K (revenue +3390.5% year-over-year).
2017: Revenue of $37K, expenses of $152K, and assets of $208K (revenue -94.6% year-over-year).
2016: Revenue of $683K, expenses of $600K, and assets of $323K (revenue -36.3% year-over-year).
2015: Revenue of $1.1M, expenses of $1.0M, and assets of $240K (revenue +950.5% year-over-year).
2014: Revenue of $102K, expenses of $166K, and assets of $198K (revenue +23.0% year-over-year).
2013: Revenue of $83K, expenses of $485K, and assets of $222K (revenue -83.9% year-over-year).
2012: Revenue of $516K, expenses of $441K, and assets of $624K (revenue -17.2% year-over-year).
2011: Revenue of $623K, expenses of $84K, and assets of $549K.

Data Sources and Methodology

This transparency report for Hopexchange 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.