Kids Inspiring Faith At Hope Rising Preschool
EIN: 271751656 · Wylie, TX · NTEE: B21
| Metric | Value |
|---|---|
| Total Revenue | $875K |
| Total Expenses | $878K |
| Net Assets | $136K |
Is Kids Inspiring Faith At Hope Rising Preschool Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kids Inspiring Faith At Hope Rising Preschool
Kids Inspiring Faith At Hope Rising Preschool (EIN: 271751656) is a nonprofit organization based in Wylie, TX, classified under NTEE code B21. The organization reported total revenue of $875K and total assets of $93K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kids Inspiring Faith At Hope Rising Preschool's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kids Inspiring Faith At Hope Rising Preschool is a small nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 11.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $868K |
| Total Expenses | $878K |
| Surplus / Deficit | $-10,505 |
| Total Assets | $136K |
| Net Assets | $136K |
| Operating Margin | -1.2% |
| Months of Reserves | 1.9 months |
Financial Health Grade: C
In 2024, Kids Inspiring Faith At Hope Rising Preschool reported a deficit of $11K with expenses exceeding revenue, holds 1.9 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2012–2024), Kids Inspiring Faith At Hope Rising Preschool's revenue has grown at a compound annual growth rate (CAGR) of 11.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +11.5% | +18.3% | -7.6% |
| 2023 | +48.1% | +57.0% | +33.2% |
| 2022 | +76.0% | +39.1% | +92.0% |
| 2021 | +57.7% | +53.0% | -10.7% |
| 2020 | -35.5% | -22.3% | +82.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kids Inspiring Faith At Hope Rising Preschool 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 Kids Inspiring Faith At Hope Rising Preschool 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
Frequently Asked Questions about Kids Inspiring Faith At Hope Rising Preschool
Is Kids Inspiring Faith At Hope Rising Preschool a legitimate charity?
Based on AI analysis of IRS 990 filings, Kids Inspiring Faith At Hope Rising Preschool (EIN: 271751656) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kids Inspiring Faith At Hope Rising Preschool spend its money?
Detailed spending breakdown data is not yet available for Kids Inspiring Faith At Hope Rising Preschool. Check back for updated IRS 990 analysis.
Are donations to Kids Inspiring Faith At Hope Rising Preschool tax-deductible?
Kids Inspiring Faith At Hope Rising Preschool is registered as a tax-exempt nonprofit (EIN: 271751656). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kids Inspiring Faith At Hope Rising Preschool located?
Kids Inspiring Faith At Hope Rising Preschool is headquartered in Wylie, Texas and files with the IRS under EIN 271751656. It is classified under NTEE code B21.
How many years of IRS 990 filings does Kids Inspiring Faith At Hope Rising Preschool have?
Kids Inspiring Faith At Hope Rising Preschool 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 $875K in total revenue.
Filing History
IRS 990 filing history for Kids Inspiring Faith At Hope Rising Preschool showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Kids Inspiring Faith At Hope Rising Preschool's revenue has grown by 251.2%, moving from $247K to $868K. Total assets increased by 401.1% over the same period, from $27K to $136K. Total functional expenses rose by 308.8%, from $215K to $878K. In its most recent filing year (2024), Kids Inspiring Faith At Hope Rising Preschool reported a deficit of $11K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $868K | $878K | $136K | $0 | — | — |
| 2023 | $778K | $742K | $147K | $738 | — | View 990 |
| 2022 | $526K | $473K | $110K | $72 | — | View 990 |
| 2021 | $299K | $340K | $57K | $73K | — | View 990 |
| 2020 | $189K | $222K | $64K | $39K | — | — |
| 2019 | $294K | $286K | $35K | $0 | — | View 990 |
| 2018 | $319K | $326K | $28K | $0 | — | — |
| 2017 | $293K | $276K | $34K | $0 | — | View 990 |
| 2016 | $276K | $271K | $18K | $0 | — | View 990 |
| 2015 | $248K | $241K | $12K | $0 | — | View 990 |
| 2014 | $320K | $317K | $6K | $0 | — | View 990 |
| 2013 | $277K | $302K | $2K | $0 | — | View 990 |
| 2012 | $247K | $215K | $27K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $868K, expenses of $878K, and assets of $136K (revenue +11.5% year-over-year).
- 2023: Revenue of $778K, expenses of $742K, and assets of $147K (revenue +48.1% year-over-year).
- 2022: Revenue of $526K, expenses of $473K, and assets of $110K (revenue +76.0% year-over-year).
- 2021: Revenue of $299K, expenses of $340K, and assets of $57K (revenue +57.7% year-over-year).
- 2020: Revenue of $189K, expenses of $222K, and assets of $64K (revenue -35.5% year-over-year).
- 2019: Revenue of $294K, expenses of $286K, and assets of $35K (revenue -8.0% year-over-year).
- 2018: Revenue of $319K, expenses of $326K, and assets of $28K (revenue +9.0% year-over-year).
- 2017: Revenue of $293K, expenses of $276K, and assets of $34K (revenue +6.1% year-over-year).
- 2016: Revenue of $276K, expenses of $271K, and assets of $18K (revenue +11.2% year-over-year).
- 2015: Revenue of $248K, expenses of $241K, and assets of $12K (revenue -22.5% year-over-year).
- 2014: Revenue of $320K, expenses of $317K, and assets of $6K (revenue +15.4% year-over-year).
- 2013: Revenue of $277K, expenses of $302K, and assets of $2K (revenue +12.3% year-over-year).
- 2012: Revenue of $247K, expenses of $215K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kids Inspiring Faith At Hope Rising Preschool:
Data Sources and Methodology
This transparency report for Kids Inspiring Faith At Hope Rising Preschool 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.