House Of Hope And Restoration Inc
EIN: 923875650 · Brundidge, AL · NTEE: P43
| Metric | Value |
|---|---|
| Total Revenue | $55K |
| Total Expenses | $14K |
| Net Assets | $160K |
Is House Of Hope And Restoration Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About House Of Hope And Restoration Inc
House Of Hope And Restoration Inc (EIN: 923875650) is a nonprofit organization based in Brundidge, AL, classified under NTEE code P43. The organization reported total revenue of $55K and total assets of $159K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of House Of Hope And Restoration Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
House Of Hope And Restoration Inc is a micro nonprofit that has been operating for 3 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $173K |
| Total Expenses | $14K |
| Surplus / Deficit | +$160K |
| Total Assets | $160K |
| Total Liabilities | $81 |
| Net Assets | $160K |
| Operating Margin | 92.2% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 141.1 months |
Financial Health Grade: A
In 2023, House Of Hope And Restoration Inc reported a surplus of $160K with revenue exceeding expenses, holds 141.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for House Of Hope And Restoration 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 House Of Hope And Restoration 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 surplus of $160K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about House Of Hope And Restoration Inc
Is House Of Hope And Restoration Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, House Of Hope And Restoration Inc (EIN: 923875650) insufficient data. 0 red flags identified, 0 strengths noted.
How does House Of Hope And Restoration Inc spend its money?
Detailed spending breakdown data is not yet available for House Of Hope And Restoration Inc. Check back for updated IRS 990 analysis.
Are donations to House Of Hope And Restoration Inc tax-deductible?
House Of Hope And Restoration Inc is registered as a tax-exempt nonprofit (EIN: 923875650). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is House Of Hope And Restoration Inc located?
House Of Hope And Restoration Inc is headquartered in Brundidge, Alabama and files with the IRS under EIN 923875650. It is classified under NTEE code P43.
Filing History
IRS 990 filing history for House Of Hope And Restoration Inc showing financial trends over 1 year of public records:
In its most recent filing year (2023), House Of Hope And Restoration Inc reported a surplus of $160K, with revenue exceeding expenses. The organization holds $81 in liabilities against $160K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $160K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $173K | $14K | $160K | $81 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for House Of Hope And Restoration Inc:
Data Sources and Methodology
This transparency report for House Of Hope And Restoration 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.