Hopkinton Village Inc
Hopkinton Village Inc: Strong Asset Growth, Low Revenue, and High Liabilities
EIN: 222543688 · Hope Valley, RI · NTEE: L21 · Updated: 2026-04-04
About Hopkinton Village Inc
Hopkinton Village Inc (EIN: 222543688) is a nonprofit organization based in Hope Valley, RI, classified under NTEE code L21. The organization reported total revenue of $515K and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hopkinton Village Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hopkinton Village Inc with a Mission Score of 65 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Hopkinton Village Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings.
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 Hopkinton Village Inc's IRS 990 filings:
- Revenue of $514,886 in 2024 is significantly lower than total assets of $5,191,468, indicating a reliance on non-operating income or prior contributions.
- Liabilities of $280,584 in 2024 represent a substantial portion of the annual revenue, raising concerns about financial flexibility.
- The 'c0%' in the financial data is unclear and could indicate missing or unstated information regarding compensation or other key metrics.
Strengths
The following positive indicators were identified for Hopkinton Village Inc:
- Consistent and substantial growth in assets from $3,470,134 in 2013 to $5,191,468 in 2024 demonstrates strong financial stewardship and investment.
- The organization has maintained a positive asset base over the entire period, indicating long-term financial stability.
Frequently Asked Questions about Hopkinton Village Inc
What does Hopkinton Village Inc do?
Hopkinton Village Inc is a nonprofit organization in the Housing & Shelter sector, located in Hope Valley, Rhode Island. It is classified under NTEE code L21.
How much revenue does Hopkinton Village Inc have?
Hopkinton Village Inc reported total revenue of $514,886. Based on 10 IRS 990 filings on record.
What are Hopkinton Village Inc's total assets?
Hopkinton Village Inc holds total assets of $5,191,468 as reported in IRS 990 filings.
Where is Hopkinton Village Inc located?
Hopkinton Village Inc is based in Hope Valley, Rhode Island.
What is Hopkinton Village Inc's EIN?
Hopkinton Village Inc's Employer Identification Number (EIN) is 222543688. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Hopkinton Village Inc?
Hopkinton Village Inc is classified under NTEE code L21 (Housing & Shelter).
Is Hopkinton Village Inc a registered 501(c)(3)?
Yes, Hopkinton Village Inc is recognized as a tax-exempt organization by the IRS. EIN: 222543688.
Does Hopkinton Village Inc file IRS Form 990?
Yes, Hopkinton Village Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Hopkinton Village Inc's revenue in 2024?
In the 202406 filing period, Hopkinton Village Inc reported total revenue of $514,886, total expenses of $27,366, and net assets of $5,191,468.
Is Hopkinton Village Inc's revenue growing or declining?
Hopkinton Village Inc's revenue is growing. Revenue went from $167,455 (201906) to $514,886 (202406), a +207.5% change. Based on 10 filings on record.
What is Hopkinton Village Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Hopkinton Village Inc covers tax period 202406. It shows revenue of $514,886, expenses of $27,366, total assets of $5,191,468, and liabilities of $280,584.
How much does Hopkinton Village Inc spend on programs vs administration?
Based on IRS 990 analysis, Hopkinton Village Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Hopkinton Village Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Hopkinton Village Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Hopkinton Village Inc?
The following concerns were identified: Revenue of $514,886 in 2024 is significantly lower than total assets of $5,191,468, indicating a reliance on non-operating income or prior contributions.. Liabilities of $280,584 in 2024 represent a substantial portion of the annual revenue, raising concerns about financial flexibility.. The 'c0%' in the financial data is unclear and could indicate missing or unstated information regarding compensation or other key metrics.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Hopkinton Village Inc's strengths?
Positive indicators for Hopkinton Village Inc include: Consistent and substantial growth in assets from $3,470,134 in 2013 to $5,191,468 in 2024 demonstrates strong financial stewardship and investment.. The organization has maintained a positive asset base over the entire period, indicating long-term financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Hopkinton Village Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the significant asset growth and relatively low revenue, what is the primary source of funding for Hopkinton Village Inc, and how does it sustain its operations?
The data suggests a strong reliance on investment income, capital gains, or large, infrequent donations rather than consistent program-generated revenue, which would need further investigation through detailed income statements.
What is the nature of the 'l' (liabilities) reported, and how does it impact the organization's long-term financial health, especially with the increase from $643,886 in 2013 to $280,584 in 2024?
The liabilities have actually decreased significantly from $643,886 in 2013 to $280,584 in 2024, which is a positive trend, indicating improved financial health and reduced debt burden over time.
Filing History
IRS 990 filing history for Hopkinton Village Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2010–2024), Hopkinton Village Inc's revenue has grown by 6280.2%, moving from $8K to $515K. Total assets increased by 70.8% over the same period, from $3.0M to $5.2M. Total functional expenses rose by 3213.1%, from $826 to $27K. In its most recent filing year (2024), Hopkinton Village Inc reported a surplus of $488K, with revenue exceeding expenses. The organization holds $281K in liabilities against $5.2M in assets (debt-to-asset ratio: 5.4%), resulting in net assets of $4.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $515K | $27K | $5.2M | $281K | — | — |
| 2019 | $167K | $10K | $4.6M | $1.3M | — | View 990 |
| 2018 | $190K | $8K | $4.3M | $1.1M | — | — |
| 2017 | $188K | $5K | $4.0M | $1.0M | — | View 990 |
| 2016 | $9K | $4K | $3.8M | $922K | — | View 990 |
| 2015 | $5K | $3K | $3.6M | $819K | — | View 990 |
| 2014 | $1K | $620 | $3.5M | $721K | — | View 990 |
| 2013 | $111K | $620 | $3.5M | $644K | — | View 990 |
| 2012 | $31K | $845 | $3.3M | $539K | — | View 990 |
| 2010 | $8K | $826 | $3.0M | $374K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $515K, expenses of $27K, and assets of $5.2M (revenue +207.5% year-over-year).
- 2019: Revenue of $167K, expenses of $10K, and assets of $4.6M (revenue -11.8% year-over-year).
- 2018: Revenue of $190K, expenses of $8K, and assets of $4.3M (revenue +0.9% year-over-year).
- 2017: Revenue of $188K, expenses of $5K, and assets of $4.0M (revenue +2072.8% year-over-year).
- 2016: Revenue of $9K, expenses of $4K, and assets of $3.8M (revenue +69.3% year-over-year).
- 2015: Revenue of $5K, expenses of $3K, and assets of $3.6M (revenue +250.1% year-over-year).
- 2014: Revenue of $1K, expenses of $620, and assets of $3.5M (revenue -98.7% year-over-year).
- 2013: Revenue of $111K, expenses of $620, and assets of $3.5M (revenue +263.1% year-over-year).
- 2012: Revenue of $31K, expenses of $845, and assets of $3.3M (revenue +280.3% year-over-year).
- 2010: Revenue of $8K, expenses of $826, and assets of $3.0M.
Data Sources and Methodology
This transparency report for Hopkinton Village 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.