Llangollen Hope House
Llangollen Hope House consistently operates at a deficit, with liabilities exceeding assets.
EIN: 205896098 · Wilmington, DE · NTEE: L20 · Updated: 2026-03-28
Is Llangollen Hope House Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Llangollen Hope House directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Llangollen Hope House
Llangollen Hope House (EIN: 205896098) is a nonprofit organization based in Wilmington, DE, classified under NTEE code L20. The organization reported total revenue of $41K and total assets of $512K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Llangollen Hope House's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Llangollen Hope House is a micro 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 -2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $41K |
| Total Expenses | $68K |
| Surplus / Deficit | $-27,200 |
| Total Assets | $512K |
| Total Liabilities | $741K |
| Net Assets | $-228,638 |
| Operating Margin | -66.3% |
| Debt-to-Asset Ratio | 144.7% |
| Months of Reserves | 90.1 months |
Financial Health Grade: C
In 2023, Llangollen Hope House reported a deficit of $27K with expenses exceeding revenue, holds 90.1 months of operating reserves (strong position), has a debt-to-asset ratio of 144.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Llangollen Hope House's revenue has declined at a compound annual growth rate (CAGR) of -2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.8% | -8.7% | -4.5% |
| 2022 | +18.0% | -7.1% | +1.6% |
| 2021 | +5.4% | +8.6% | -3.3% |
| 2020 | +15.5% | -1.3% | -4.8% |
| 2019 | -22.4% | +19.5% | -4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Llangollen Hope House with a Mission Score of 35 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Llangollen Hope House allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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:
- The organization reported a deficit of $27K, with expenses exceeding revenue.
- Debt-to-asset ratio: 144.7%.
Executive Compensation Analysis
Executive compensation is reported at 0% for all available periods, indicating that no officers received compensation, which is a positive sign for minimizing administrative overhead related to leadership salaries.
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 Llangollen Hope House's IRS 990 filings:
- Consistent operating deficits (e.g., $41,012 revenue vs. $68,212 expenses in 2023)
- Liabilities consistently exceed assets (e.g., $740,682 liabilities vs. $512,044 assets in 2023)
- Declining asset base over the past decade (from $645,649 in 2014 to $512,044 in 2023)
- Revenue has decreased over the past decade (from $56,670 in 2014 to $41,012 in 2023)
Strengths
The following positive indicators were identified for Llangollen Hope House:
- 0% officer compensation reported across all available filings, indicating no executive pay burden.
Frequently Asked Questions about Llangollen Hope House
Is Llangollen Hope House a legitimate charity?
Based on AI analysis of IRS 990 filings, Llangollen Hope House (EIN: 205896098) significant concerns. Mission Score: 35/100. 4 red flags identified, 1 strength noted.
How does Llangollen Hope House spend its money?
Llangollen Hope House directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Llangollen Hope House tax-deductible?
Llangollen Hope House is registered as a tax-exempt nonprofit (EIN: 205896098). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Llangollen Hope House a good charity?
Based on the financial data, Llangollen Hope House faces significant financial challenges, consistently spending more than it earns and having liabilities that exceed its assets. While officer compensation is 0%, the persistent operating deficits raise concerns about its long-term sustainability and ability to effectively deliver on its mission.
Why are expenses consistently higher than revenue?
The IRS 990 filings show a consistent trend where annual expenses surpass revenue. For example, in 2023, revenue was $41,012 while expenses were $68,212. This pattern has been observed for at least the past decade, indicating a structural imbalance in the organization's financial model.
What is the organization's net asset position?
Llangollen Hope House has a negative net asset position. In 2023, assets were $512,044 and liabilities were $740,682, resulting in a deficit of $228,638. This trend of liabilities exceeding assets has been consistent across all reported periods.
How has the organization's financial health changed over the past decade?
Over the past decade, Llangollen Hope House has seen a decline in both revenue and assets, while liabilities have remained high. Revenue decreased from $56,670 in 2014 to $41,012 in 2023, and assets decreased from $645,649 to $512,044 in the same period. Expenses have generally remained high relative to revenue, leading to persistent deficits.
Filing History
IRS 990 filing history for Llangollen Hope House showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Llangollen Hope House's revenue has declined by 23%, moving from $53K to $41K. Total assets decreased by 25.5% over the same period, from $688K to $512K. Total functional expenses rose by 10.7%, from $62K to $68K. In its most recent filing year (2023), Llangollen Hope House reported a deficit of $27K, with expenses exceeding revenue. The organization holds $741K in liabilities against $512K in assets (debt-to-asset ratio: 144.7%), resulting in net assets of $-228,638.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $41K | $68K | $512K | $741K | — | — |
| 2022 | $63K | $75K | $536K | $738K | — | View 990 |
| 2021 | $53K | $80K | $528K | $718K | — | — |
| 2020 | $51K | $74K | $546K | $709K | — | — |
| 2019 | $44K | $75K | $573K | $713K | — | View 990 |
| 2018 | $56K | $63K | $601K | $709K | — | View 990 |
| 2017 | $58K | $68K | $614K | $716K | — | View 990 |
| 2016 | $61K | $66K | $624K | $716K | — | View 990 |
| 2015 | $52K | $74K | $629K | $716K | — | View 990 |
| 2014 | $57K | $69K | $646K | $711K | — | View 990 |
| 2013 | $51K | $71K | $658K | $712K | — | View 990 |
| 2012 | $65K | $67K | $680K | $713K | — | View 990 |
| 2011 | $53K | $62K | $688K | $719K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $41K, expenses of $68K, and assets of $512K (revenue -34.8% year-over-year).
- 2022: Revenue of $63K, expenses of $75K, and assets of $536K (revenue +18.0% year-over-year).
- 2021: Revenue of $53K, expenses of $80K, and assets of $528K (revenue +5.4% year-over-year).
- 2020: Revenue of $51K, expenses of $74K, and assets of $546K (revenue +15.5% year-over-year).
- 2019: Revenue of $44K, expenses of $75K, and assets of $573K (revenue -22.4% year-over-year).
- 2018: Revenue of $56K, expenses of $63K, and assets of $601K (revenue -3.3% year-over-year).
- 2017: Revenue of $58K, expenses of $68K, and assets of $614K (revenue -4.9% year-over-year).
- 2016: Revenue of $61K, expenses of $66K, and assets of $624K (revenue +18.4% year-over-year).
- 2015: Revenue of $52K, expenses of $74K, and assets of $629K (revenue -8.5% year-over-year).
- 2014: Revenue of $57K, expenses of $69K, and assets of $646K (revenue +10.5% year-over-year).
- 2013: Revenue of $51K, expenses of $71K, and assets of $658K (revenue -21.1% year-over-year).
- 2012: Revenue of $65K, expenses of $67K, and assets of $680K (revenue +22.0% year-over-year).
- 2011: Revenue of $53K, expenses of $62K, and assets of $688K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Llangollen Hope House:
Data Sources and Methodology
This transparency report for Llangollen Hope House 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.