Ladders Of Hope Usa Inc
EIN: 383863090 · Fennville, MI · NTEE: P40
| Metric | Value |
|---|---|
| Total Revenue | $286K |
| Total Expenses | $250K |
| Net Assets | $259K |
Is Ladders Of Hope Usa Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ladders Of Hope Usa Inc
Ladders Of Hope Usa Inc (EIN: 383863090) is a nonprofit organization based in Fennville, MI, classified under NTEE code P40. The organization reported total revenue of $286K and total assets of $272K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ladders Of Hope Usa Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ladders Of Hope Usa Inc is a small nonprofit that has been operating for 13 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $315K |
| Total Expenses | $250K |
| Surplus / Deficit | +$65K |
| Total Assets | $259K |
| Net Assets | $259K |
| Operating Margin | 20.6% |
| Months of Reserves | 12.4 months |
Financial Health Grade: A
In 2023, Ladders Of Hope Usa Inc reported a surplus of $65K with revenue exceeding expenses, holds 12.4 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2020–2023), Ladders Of Hope Usa Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.2% | -2.7% | +33.3% |
| 2022 | +4.3% | +8.3% | +15.6% |
| 2021 | -4.6% | -4.2% | +25.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ladders Of Hope Usa 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 Ladders Of Hope Usa 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 $65K, with revenue exceeding expenses.
Frequently Asked Questions about Ladders Of Hope Usa Inc
Is Ladders Of Hope Usa Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ladders Of Hope Usa Inc (EIN: 383863090) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ladders Of Hope Usa Inc spend its money?
Detailed spending breakdown data is not yet available for Ladders Of Hope Usa Inc. Check back for updated IRS 990 analysis.
Are donations to Ladders Of Hope Usa Inc tax-deductible?
Ladders Of Hope Usa Inc is registered as a tax-exempt nonprofit (EIN: 383863090). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ladders Of Hope Usa Inc located?
Ladders Of Hope Usa Inc is headquartered in Fennville, Michigan and files with the IRS under EIN 383863090. It is classified under NTEE code P40.
How many years of IRS 990 filings does Ladders Of Hope Usa Inc have?
Ladders Of Hope Usa Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $286K in total revenue.
Filing History
IRS 990 filing history for Ladders Of Hope Usa Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Ladders Of Hope Usa Inc's revenue has grown by 10.6%, moving from $285K to $315K. Total assets increased by 93.5% over the same period, from $134K to $259K. Total functional expenses rose by 0.9%, from $248K to $250K. In its most recent filing year (2023), Ladders Of Hope Usa Inc reported a surplus of $65K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $315K | $250K | $259K | $0 | — | — |
| 2022 | $283K | $257K | $195K | $0 | — | View 990 |
| 2021 | $272K | $237K | $168K | $0 | — | View 990 |
| 2020 | $285K | $248K | $134K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $315K, expenses of $250K, and assets of $259K (revenue +11.2% year-over-year).
- 2022: Revenue of $283K, expenses of $257K, and assets of $195K (revenue +4.3% year-over-year).
- 2021: Revenue of $272K, expenses of $237K, and assets of $168K (revenue -4.6% year-over-year).
- 2020: Revenue of $285K, expenses of $248K, and assets of $134K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ladders Of Hope Usa Inc:
Data Sources and Methodology
This transparency report for Ladders Of Hope Usa 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.