Key Of Hope

Key Of Hope consistently spends more than it earns, operating at a deficit in most recent years.

EIN: 208117872 · Auburn Hills, MI · NTEE: Q30 · Updated: 2026-03-28

$199KRevenue
$192KGross Revenue
$164KAssets
70/100Mission Score (Good)
Q30
Key Of Hope Financial Summary
MetricValue
Total Revenue$199K
Total Expenses$1.2M
Program Spending85%
Net Assets$133K
Transparency Score70/100

Search Intent Cockpit

Key Of Hope Form 990, Revenue, CEO Pay, and IRS Filing Signals

Key Of 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 Key Of Hope in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $1.1M and expenses of $1.2M.

Revenue and Expenses

Key Of Hope reported $1.1M in revenue and $1.2M in expenses, a deficit of $42K.

Executive Compensation

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

Charity Score and Red Flags

70/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.

Is Key Of 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
13Stored 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

Key Of Hope Expense Deployment
Program services$995K (85%)

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

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Key Of Hope Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade C13 stored filing years
Peer contextCompare with American Academy Of Podiatric Practice ManagementMichigan and Category Q context

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

About Key Of Hope

Key Of Hope (EIN: 208117872) is a nonprofit organization based in Auburn Hills, MI, classified under NTEE code Q30. The organization reported total revenue of $199K and total assets of $164K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Key Of Hope's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Key Of Hope is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.1M
Total Expenses$1.2M
Surplus / Deficit$-42,401
Total Assets$171K
Total Liabilities$38K
Net Assets$133K
Operating Margin-3.8%
Debt-to-Asset Ratio22.1%
Months of Reserves1.8 months

Financial Health Grade: C

In 2023, Key Of Hope reported a deficit of $42K with expenses exceeding revenue, holds 1.8 months of operating reserves (limited), has a debt-to-asset ratio of 22.1% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Key Of Hope's revenue has grown at a compound annual growth rate (CAGR) of 11.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023+15.0%+16.6%-30.4%
2022-22.6%-24.7%-14.0%
2021+74.7%+100.3%+1.9%
2020-8.5%-21.6%+26.9%
2019-3.7%-6.9%-16.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

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

AI Transparency Report

Key Of Hope demonstrates consistent operational deficits in recent years, with expenses exceeding revenue in 7 out of the last 10 reported periods. For instance, in 2023, expenses were $1,170,110 against revenues of $1,127,709, indicating a deficit of over $42,000. This trend suggests a reliance on prior reserves or other funding mechanisms to cover operational costs. While the organization has maintained assets, their value has fluctuated, decreasing from a high of $380,513 in 2015 to $170,762 in 2023. The consistent reporting of 0% officer compensation across all filings is a positive indicator of financial transparency and a commitment to directing funds towards the mission rather than executive salaries. However, the sustained operational deficits warrant closer examination to ensure long-term financial stability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Key Of Hope with a Mission Score of 70 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: 85%
  • fundraising: 5%

According to IRS 990 filings, Key Of 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:

$1.1MTotal Revenue
$1.2MTotal Expenses
$171KTotal Assets
$38KTotal Liabilities
$133KNet Assets
  • The organization reported a deficit of $42K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 22.1%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers or directors received compensation from the organization, 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 Key Of Hope's IRS 990 filings:

  • Consistent operational deficits (expenses exceeding revenue in 7 of 10 years)
  • Declining asset base over the past decade

Strengths

The following positive indicators were identified for Key Of Hope:

  • 0% officer compensation reported across all filings, indicating efficient use of funds for mission
  • Long history of IRS 990 filings (13 filings), suggesting transparency
  • Significant revenue generation, exceeding $1 million in 2021, 2022, and 2023

Frequently Asked Questions about Key Of Hope

Is Key Of Hope a legitimate charity?

Key Of Hope (EIN: 208117872) is a registered tax-exempt nonprofit based in Michigan. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $199K. 2 red flags identified. 3 strengths noted. Financial health grade: C.

How does Key Of Hope spend its money?

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

Are donations to Key Of Hope tax-deductible?

Key Of Hope is registered as a tax-exempt nonprofit (EIN: 208117872). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Key Of Hope's spending goes to programs?

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

How does Key Of Hope compare to similar nonprofits?

With a transparency score of 70/100 (Good), Key Of Hope is above average for NTEE category Q30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Key Of Hope located?

Key Of Hope is headquartered in Auburn Hills, Michigan and files with the IRS under EIN 208117872. It is classified under NTEE code Q30.

How many years of IRS 990 filings does Key Of Hope have?

Key Of Hope has 13 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 $199K in total revenue.

Is Key Of Hope financially sustainable given its consistent deficits?

Key Of Hope has reported expenses exceeding revenue in 7 of the last 10 years, including a $42,401 deficit in 2023. This pattern raises concerns about long-term financial sustainability if not addressed by increased revenue or reduced expenses.

How does Key Of Hope cover its operational deficits?

The consistent deficits suggest the organization is either drawing down on accumulated assets or relying on other non-operating income sources not detailed in the summary to cover the gap between expenses and revenue.

What is the trend in Key Of Hope's asset base?

Key Of Hope's assets have generally declined over the past decade, from a high of $380,513 in 2015 to $170,762 in 2023, which could be a consequence of covering operational deficits.

Filing History

IRS 990 filing history for Key Of Hope showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Key Of Hope's revenue has grown by 271.7%, moving from $303K to $1.1M. Total assets increased by 224% over the same period, from $53K to $171K. Total functional expenses rose by 304.8%, from $289K to $1.2M. In its most recent filing year (2023), Key Of Hope reported a deficit of $42K, with expenses exceeding revenue. The organization holds $38K in liabilities against $171K in assets (debt-to-asset ratio: 22.1%), resulting in net assets of $133K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.1M $1.2M $171K $38K
2022 $981K $1.0M $245K $70K View 990
2021 $1.3M $1.3M $285K $87K View 990
2020 $725K $665K $280K $17K
2019 $793K $849K $221K $18K View 990
2018 $823K $911K $264K $5K View 990
2017 $861K $874K $351K $4K
2016 $648K $669K $364K $5K View 990
2015 $767K $588K $381K $0 View 990
2014 $477K $516K $216K $14K View 990
2013 $589K $454K $242K $832 View 990
2012 $337K $279K $106K $181 View 990
2011 $303K $289K $53K $4K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $1.1M, expenses of $1.2M, and assets of $171K (revenue +15.0% year-over-year).
  • 2022: Revenue of $981K, expenses of $1.0M, and assets of $245K (revenue -22.6% year-over-year).
  • 2021: Revenue of $1.3M, expenses of $1.3M, and assets of $285K (revenue +74.7% year-over-year).
  • 2020: Revenue of $725K, expenses of $665K, and assets of $280K (revenue -8.5% year-over-year).
  • 2019: Revenue of $793K, expenses of $849K, and assets of $221K (revenue -3.7% year-over-year).
  • 2018: Revenue of $823K, expenses of $911K, and assets of $264K (revenue -4.4% year-over-year).
  • 2017: Revenue of $861K, expenses of $874K, and assets of $351K (revenue +32.8% year-over-year).
  • 2016: Revenue of $648K, expenses of $669K, and assets of $364K (revenue -15.5% year-over-year).
  • 2015: Revenue of $767K, expenses of $588K, and assets of $381K (revenue +60.9% year-over-year).
  • 2014: Revenue of $477K, expenses of $516K, and assets of $216K (revenue -19.0% year-over-year).
  • 2013: Revenue of $589K, expenses of $454K, and assets of $242K (revenue +74.9% year-over-year).
  • 2012: Revenue of $337K, expenses of $279K, and assets of $106K (revenue +10.9% year-over-year).
  • 2011: Revenue of $303K, expenses of $289K, and assets of $53K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Key Of Hope:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Key Of 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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