Last Hope Inc
EIN: 721313365 · New Orleans, LA
| Metric | Value |
|---|---|
| Total Expenses | $251K |
| Net Assets | $164K |
Is Last 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 Last Hope Inc
Last Hope Inc (EIN: 721313365) is a nonprofit organization based in New Orleans, LA. 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 Last Hope Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Last Hope Inc is a micro nonprofit, with 5 years of IRS 990 filings on record (2010–2014). Revenue has grown at a compound annual rate of -71.2%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $251K |
| Surplus / Deficit | $-249,671 |
| Total Assets | $166K |
| Total Liabilities | $2K |
| Net Assets | $164K |
| Operating Margin | -19429.6% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 7.9 months |
Financial Health Grade: B
In 2014, Last Hope Inc reported a deficit of $250K with expenses exceeding revenue, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 5 years of filings (2010–2014), Last Hope Inc's revenue has declined at a compound annual growth rate (CAGR) of -71.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -99.8% | +16.0% | -59.9% |
| 2013 | +267.9% | +29.0% | +633.5% |
| 2012 | +0.3% | -1.0% | -9.0% |
| 2011 | -13.2% | -6.7% | -17.3% |
AI Analysis Pending
AI enrichment for Last 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 Last 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $250K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.1%.
Frequently Asked Questions about Last Hope Inc
Is Last Hope Inc a legitimate charity?
Last Hope Inc (EIN: 721313365) is a registered tax-exempt nonprofit based in Louisiana. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Last Hope Inc spend its money?
Last Hope Inc reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Last Hope Inc tax-deductible?
Last Hope Inc is registered as a tax-exempt nonprofit (EIN: 721313365). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Last Hope Inc located?
Last Hope Inc is headquartered in New Orleans, Louisiana and files with the IRS under EIN 721313365.
How many years of IRS 990 filings does Last Hope Inc have?
Last Hope Inc has 5 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 Last Hope Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2010–2014), Last Hope Inc's revenue has declined by 99.3%, moving from $186K to $1K. Total assets increased by 121.3% over the same period, from $75K to $166K. Total functional expenses rose by 38.2%, from $182K to $251K. In its most recent filing year (2014), Last Hope Inc reported a deficit of $250K, with expenses exceeding revenue. The organization holds $2K in liabilities against $166K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $164K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $1K | $251K | $166K | $2K | — | View 990 |
| 2013 | $596K | $216K | $413K | $0 | — | View 990 |
| 2012 | $162K | $168K | $56K | $26K | — | View 990 |
| 2011 | $162K | $169K | $62K | $26K | — | View 990 |
| 2010 | $186K | $182K | $75K | $26K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $1K, expenses of $251K, and assets of $166K (revenue -99.8% year-over-year).
- 2013: Revenue of $596K, expenses of $216K, and assets of $413K (revenue +267.9% year-over-year).
- 2012: Revenue of $162K, expenses of $168K, and assets of $56K (revenue +0.3% year-over-year).
- 2011: Revenue of $162K, expenses of $169K, and assets of $62K (revenue -13.2% year-over-year).
- 2010: Revenue of $186K, expenses of $182K, and assets of $75K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Last Hope Inc:
Data Sources and Methodology
This transparency report for Last 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.