I Choose Hope Inc
EIN: 452929606 · Fayetteville, AR · NTEE: B83
| Metric | Value |
|---|---|
| Total Expenses | $638 |
| Net Assets | $268 |
Is I Choose Hope Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About I Choose Hope Inc
I Choose Hope Inc (EIN: 452929606) is a nonprofit organization based in Fayetteville, AR, classified under NTEE code B83. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of I Choose Hope Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
I Choose Hope Inc is a micro nonprofit that has been operating for 13 years, with 9 years of IRS 990 filings on record (2011–2019).
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $500 |
| Total Expenses | $638 |
| Surplus / Deficit | $-138 |
| Total Assets | $268 |
| Net Assets | $268 |
| Operating Margin | -27.6% |
| Months of Reserves | 5.0 months |
Financial Health Grade: B
In 2019, I Choose Hope Inc reported a deficit of $138 with expenses exceeding revenue, holds 5.0 months of operating reserves (adequate).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -81.8% | -92.0% | -34.0% |
| 2018 | -80.9% | -19.6% | -92.8% |
| 2017 | -33.8% | -57.1% | +377.2% |
| 2016 | +13.4% | +4.5% | -54.8% |
| 2015 | -0.2% | +17.7% | -53.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for I Choose Hope 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 I Choose Hope 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $138, with expenses exceeding revenue.
Frequently Asked Questions about I Choose Hope Inc
Is I Choose Hope Inc a legitimate charity?
I Choose Hope Inc (EIN: 452929606) is a registered tax-exempt nonprofit based in Arkansas. It has 9 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does I Choose Hope Inc spend its money?
I Choose Hope Inc reported its financials in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to I Choose Hope Inc tax-deductible?
I Choose Hope Inc is registered as a tax-exempt nonprofit (EIN: 452929606). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is I Choose Hope Inc located?
I Choose Hope Inc is headquartered in Fayetteville, Arkansas and files with the IRS under EIN 452929606. It is classified under NTEE code B83.
How many years of IRS 990 filings does I Choose Hope Inc have?
I Choose Hope Inc has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for I Choose Hope Inc showing financial trends over 9 years of public records:
Total assets increased by 26700% over the same period, from $1 to $268. In its most recent filing year (2019), I Choose Hope Inc reported a deficit of $138, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $500 | $638 | $268 | $0 | — | View 990 |
| 2018 | $3K | $8K | $406 | $0 | — | View 990 |
| 2017 | $14K | $10K | $6K | $0 | — | — |
| 2016 | $22K | $23K | $1K | $0 | — | View 990 |
| 2015 | $19K | $22K | $3K | $0 | — | View 990 |
| 2014 | $19K | $19K | $6K | $0 | — | View 990 |
| 2013 | $12K | $9K | $5K | $0 | — | View 990 |
| 2012 | $2K | $15 | $2K | $0 | — | View 990 |
| 2011 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $500, expenses of $638, and assets of $268 (revenue -81.8% year-over-year).
- 2018: Revenue of $3K, expenses of $8K, and assets of $406 (revenue -80.9% year-over-year).
- 2017: Revenue of $14K, expenses of $10K, and assets of $6K (revenue -33.8% year-over-year).
- 2016: Revenue of $22K, expenses of $23K, and assets of $1K (revenue +13.4% year-over-year).
- 2015: Revenue of $19K, expenses of $22K, and assets of $3K (revenue -0.2% year-over-year).
- 2014: Revenue of $19K, expenses of $19K, and assets of $6K (revenue +62.7% year-over-year).
- 2013: Revenue of $12K, expenses of $9K, and assets of $5K (revenue +459.9% year-over-year).
- 2012: Revenue of $2K, expenses of $15, and assets of $2K.
- 2011: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for I Choose Hope Inc:
Data Sources and Methodology
This transparency report for I Choose Hope 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.