Hrs True Hope

Hrs True Hope shows consistent revenue and asset growth with no reported officer compensation over ten years.

EIN: 205347588 · Georgetown, TX · NTEE: T50 · Updated: 2026-03-28

$812KRevenue
$546KAssets
88/100Mission Score (Excellent)
T50

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Hrs True Hope Financial Summary
MetricValue
Total Revenue$812K
Total Expenses$652K
Program Spending85%
Net Assets$514K
Transparency Score88/100

Search Intent Cockpit

Hrs True Hope Form 990, Revenue, CEO Pay, and IRS Filing Signals

Hrs True Hope is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Hrs True Hope in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $762K and expenses of $652K.

Revenue and Expenses

Hrs True Hope reported $762K in revenue and $652K in expenses, a surplus of $110K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

88/100 mission score, 2 red flags, and 5 strengths are shown from structured and AI review.

Is Hrs True Hope Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
10Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Hrs True Hope Expense Deployment
Program services$554K (85%)

Across stored filings, Hrs True Hope shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Hrs True Hope Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade A10 stored filing years
Peer contextCompare with At&T Corp Management & Nonrepresent Employees Postretirement WelfareTexas and Philanthropy context

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Hrs True Hope directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Hrs True Hope

Hrs True Hope (EIN: 205347588) is a nonprofit organization based in Georgetown, TX, classified under NTEE code T50. The organization reported total revenue of $812K and total assets of $546K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hrs True Hope's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

18Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Hrs True Hope is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 24.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$762K
Total Expenses$652K
Surplus / Deficit+$110K
Total Assets$514K
Total Liabilities$650
Net Assets$514K
Operating Margin14.5%
Debt-to-Asset Ratio0.1%
Months of Reserves9.5 months

Financial Health Grade: A

In 2023, Hrs True Hope reported a surplus of $110K with revenue exceeding expenses, holds 9.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).

Financial Trends

Over 10 years of filings (2014–2023), Hrs True Hope's revenue has grown at a compound annual growth rate (CAGR) of 24.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023+14.2%+38.2%+27.5%
2022+34.6%+13.3%+94.4%
2021+62.0%+23.0%+61.9%
2020-35.5%-43.9%-20.2%
2019-17.1%+83.1%-44.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2008

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Hrs True Hope demonstrates a consistent pattern of growth in revenue and assets over the past decade, indicating increasing capacity and donor support. In the latest filing (202312), the organization reported revenue of $762,026 against expenses of $651,622, resulting in a surplus that contributes to asset growth. The organization's assets have grown significantly from $9,065 in 2014 to $514,462 in 2023, suggesting sound financial management and accumulation of resources. The absence of reported officer compensation across all filings indicates a volunteer-led or very lean executive structure, which can be a positive sign for donor confidence regarding administrative costs. While the overall financial trend is positive, a detailed breakdown of expenses (program, administrative, fundraising) is not provided in the summary data, making it challenging to fully assess spending efficiency. However, the consistent surpluses in most years, particularly the substantial surplus of $195,886 in 2022 ($667,539 revenue vs. $471,653 expenses), suggest that the organization is generally operating within its means and building reserves. The significant increase in liabilities to $650 in 2023, after years of reporting $0, warrants a closer look in the full 990 filing to understand its nature and impact. Regarding transparency, the consistent filing of IRS Form 990s over ten years is a strong indicator of compliance and public accountability. The lack of officer compensation reported across all filings enhances the perception of transparency and dedication to mission, as it suggests resources are not being diverted to high executive salaries. To further enhance transparency, providing a clear breakdown of program versus administrative and fundraising expenses would be beneficial for donors.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Hrs True Hope with a Mission Score of 88 out of 100 (Excellent). 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: 85%
  • fundraising: 5%

According to IRS 990 filings, Hrs True Hope allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$762KTotal Revenue
$652KTotal Expenses
$514KTotal Assets
$650Total Liabilities
$514KNet Assets
  • The organization reported a surplus of $110K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.1%.

Executive Compensation Analysis

Hrs True Hope has consistently reported 0% officer compensation across all ten years of available filings, indicating a volunteer-led executive team or that compensation falls below reporting thresholds, which is highly favorable for donor perception of efficiency.

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 Hrs True Hope's IRS 990 filings:

  • Lack of detailed expense breakdown (program vs. admin vs. fundraising) in summary data
  • Increase in liabilities to $650 in 2023 after years of reporting $0, warrants further investigation

Strengths

The following positive indicators were identified for Hrs True Hope:

  • Consistent revenue growth over a decade (from $103,981 in 2014 to $762,026 in 2023)
  • Significant asset growth, indicating strong financial management and capacity building (from $9,065 in 2014 to $514,462 in 2023)
  • No reported officer compensation across all ten filings, suggesting high efficiency and dedication to mission
  • Consistent filing of IRS 990s, demonstrating transparency and compliance
  • Generally operating with surpluses, indicating fiscal responsibility

Frequently Asked Questions about Hrs True Hope

Is Hrs True Hope a legitimate charity?

Hrs True Hope (EIN: 205347588) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 88/100. It has 10 years of IRS 990 filings on record. Total revenue: $812K. 2 red flags identified. 5 strengths noted. Financial health grade: A.

How does Hrs True Hope spend its money?

Hrs True Hope directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Hrs True Hope tax-deductible?

Hrs True Hope is registered as a tax-exempt nonprofit (EIN: 205347588). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Hrs True Hope's spending goes to programs?

Hrs True Hope directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Hrs True Hope compare to similar nonprofits?

With a transparency score of 88/100 (Excellent), Hrs True Hope is above average for NTEE category T50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Hrs True Hope located?

Hrs True Hope is headquartered in Georgetown, Texas and files with the IRS under EIN 205347588. It is classified under NTEE code T50.

How many years of IRS 990 filings does Hrs True Hope have?

Hrs True Hope has 10 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 $812K in total revenue.

Is Hrs True Hope financially stable?

Yes, Hrs True Hope appears financially stable, demonstrating consistent revenue growth from $103,981 in 2014 to $762,026 in 2023, and a significant increase in assets from $9,065 to $514,462 over the same period. They have generally operated with surpluses, building reserves.

How has Hrs True Hope's revenue changed over time?

Hrs True Hope has experienced substantial revenue growth, increasing from $103,981 in 2014 to $762,026 in 2023, representing an increase of over 600% in a decade.

Does Hrs True Hope pay its officers?

Based on the provided IRS 990 data, Hrs True Hope has reported 0% officer compensation for all ten years of filings, suggesting that officers are either unpaid volunteers or their compensation is below the reporting threshold.

What is the trend in Hrs True Hope's assets?

Hrs True Hope's assets have shown a strong upward trend, growing from $9,065 in 2014 to $514,462 in 2023, indicating successful accumulation of resources and financial health.

Filing History

IRS 990 filing history for Hrs True Hope showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2014–2023), Hrs True Hope's revenue has grown by 632.9%, moving from $104K to $762K. Total assets increased by 5575.3% over the same period, from $9K to $514K. Total functional expenses rose by 564.7%, from $98K to $652K. In its most recent filing year (2023), Hrs True Hope reported a surplus of $110K, with revenue exceeding expenses. The organization holds $650 in liabilities against $514K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $514K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $762K $652K $514K $650
2022 $668K $472K $403K $0 View 990
2021 $496K $416K $208K $0 View 990
2020 $306K $338K $128K $0
2019 $475K $604K $161K $0 View 990
2018 $573K $330K $290K $0 View 990
2017 $246K $256K $47K $0 View 990
2016 $246K $197K $57K $0 View 990
2015 $104K $105K $8K $0 View 990
2014 $104K $98K $9K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $762K, expenses of $652K, and assets of $514K (revenue +14.2% year-over-year).
  • 2022: Revenue of $668K, expenses of $472K, and assets of $403K (revenue +34.6% year-over-year).
  • 2021: Revenue of $496K, expenses of $416K, and assets of $208K (revenue +62.0% year-over-year).
  • 2020: Revenue of $306K, expenses of $338K, and assets of $128K (revenue -35.5% year-over-year).
  • 2019: Revenue of $475K, expenses of $604K, and assets of $161K (revenue -17.1% year-over-year).
  • 2018: Revenue of $573K, expenses of $330K, and assets of $290K (revenue +132.7% year-over-year).
  • 2017: Revenue of $246K, expenses of $256K, and assets of $47K (revenue +0.1% year-over-year).
  • 2016: Revenue of $246K, expenses of $197K, and assets of $57K (revenue +137.1% year-over-year).
  • 2015: Revenue of $104K, expenses of $105K, and assets of $8K (revenue -0.3% year-over-year).
  • 2014: Revenue of $104K, expenses of $98K, and assets of $9K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Hrs True Hope:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing

Data Sources and Methodology

This transparency report for Hrs True Hope 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.

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