Love And Hope Foundation
Love And Hope Foundation shows consistent financial stability with growing assets and no reported liabilities.
EIN: 208671516 · Lithia Spgs, GA · NTEE: Q33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $472K |
| Total Expenses | $300K |
| Program Spending | 80% |
| Net Assets | $137K |
| Transparency Score | 85/100 |
Is Love And Hope Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Love And Hope Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Love And Hope Foundation
Love And Hope Foundation (EIN: 208671516) is a nonprofit organization based in Lithia Spgs, GA, classified under NTEE code Q33. The organization reported total revenue of $472K and total assets of $200K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Love And Hope Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Love And Hope Foundation is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $343K |
| Total Expenses | $300K |
| Surplus / Deficit | +$43K |
| Total Assets | $137K |
| Net Assets | $137K |
| Operating Margin | 12.4% |
| Months of Reserves | 5.5 months |
Financial Health Grade: A
In 2023, Love And Hope Foundation reported a surplus of $43K with revenue exceeding expenses, holds 5.5 months of operating reserves (adequate).
Financial Trends
Over 12 years of filings (2011–2023), Love And Hope Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +65.1% | +22.8% | +41.7% |
| 2022 | -34.5% | +7.6% | -27.5% |
| 2021 | +52.0% | +35.1% | +203.8% |
| 2020 | -30.7% | -43.5% | +1091.7% |
| 2019 | +167.0% | +168.8% | +90.8% |
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 Love And Hope Foundation with a Mission Score of 85 out of 100 (Excellent). 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: 80%
- fundraising: 5%
According to IRS 990 filings, Love And Hope Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 surplus of $43K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through non-officer channels, which can contribute to lower overhead costs.
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 Love And Hope Foundation's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data makes precise spending efficiency analysis difficult.
Strengths
The following positive indicators were identified for Love And Hope Foundation:
- Consistent positive net assets and growing asset base, reaching $137,191 in 2023.
- Zero reported liabilities across all available filings, indicating strong financial health.
- Consistent reporting of 0% officer compensation, suggesting low administrative overhead.
- Long history of IRS 990 filings (12 filings), demonstrating transparency and accountability.
- Positive net income in most recent periods, such as $42,537 in 2023 ($342,999 revenue - $300,462 expenses).
Frequently Asked Questions about Love And Hope Foundation
Is Love And Hope Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Love And Hope Foundation (EIN: 208671516) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Love And Hope Foundation spend its money?
Love And Hope Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Love And Hope Foundation tax-deductible?
Love And Hope Foundation is registered as a tax-exempt nonprofit (EIN: 208671516). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Love And Hope Foundation's spending goes to programs?
Love And Hope Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Love And Hope Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Love And Hope Foundation is above average for NTEE category Q33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Love And Hope Foundation located?
Love And Hope Foundation is headquartered in Lithia Spgs, Georgia and files with the IRS under EIN 208671516. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Love And Hope Foundation have?
Love And Hope Foundation has 12 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 $472K in total revenue.
Is Love And Hope Foundation financially stable?
Yes, the organization appears financially stable. They consistently report positive net assets, with assets growing from $96,850 in 2022 to $137,191 in 2023, and have reported zero liabilities across all available filings.
Does Love And Hope Foundation pay its officers?
Based on the IRS 990 filings, Love And Hope Foundation consistently reports 0% officer compensation, indicating that officers are not compensated through traditional salary means reported on these forms.
How has Love And Hope Foundation's revenue trended?
Revenue has fluctuated over the years, with a notable increase from $207,812 in 2022 to $342,999 in 2023, and a peak of $589,566 in 2013, demonstrating a capacity for significant fundraising.
What is the organization's asset growth like?
The organization has shown significant asset growth in recent years, increasing from $3,692 in 2019 to $137,191 in 2023, indicating a strengthening financial position.
Filing History
IRS 990 filing history for Love And Hope Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Love And Hope Foundation's revenue has grown by 130.2%, moving from $149K to $343K. Total assets increased by 19782.8% over the same period, from $690 to $137K. Total functional expenses rose by 95.9%, from $153K to $300K. In its most recent filing year (2023), Love And Hope Foundation reported a surplus of $43K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $343K | $300K | $137K | $0 | — | — |
| 2022 | $208K | $245K | $97K | $0 | — | View 990 |
| 2021 | $317K | $227K | $134K | $0 | — | View 990 |
| 2020 | $209K | $168K | $44K | $0 | — | View 990 |
| 2019 | $301K | $298K | $4K | $0 | — | View 990 |
| 2017 | $113K | $111K | $2K | $0 | — | View 990 |
| 2016 | $178K | $179K | $117 | $0 | — | View 990 |
| 2015 | $142K | $144K | $1K | $0 | — | View 990 |
| 2014 | $321K | $460K | $3K | $0 | — | View 990 |
| 2013 | $590K | $438K | $5K | $0 | — | View 990 |
| 2012 | $172K | $168K | $5K | $0 | — | View 990 |
| 2011 | $149K | $153K | $690 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $343K, expenses of $300K, and assets of $137K (revenue +65.1% year-over-year).
- 2022: Revenue of $208K, expenses of $245K, and assets of $97K (revenue -34.5% year-over-year).
- 2021: Revenue of $317K, expenses of $227K, and assets of $134K (revenue +52.0% year-over-year).
- 2020: Revenue of $209K, expenses of $168K, and assets of $44K (revenue -30.7% year-over-year).
- 2019: Revenue of $301K, expenses of $298K, and assets of $4K (revenue +167.0% year-over-year).
- 2017: Revenue of $113K, expenses of $111K, and assets of $2K (revenue -36.6% year-over-year).
- 2016: Revenue of $178K, expenses of $179K, and assets of $117 (revenue +24.9% year-over-year).
- 2015: Revenue of $142K, expenses of $144K, and assets of $1K (revenue -55.7% year-over-year).
- 2014: Revenue of $321K, expenses of $460K, and assets of $3K (revenue -45.5% year-over-year).
- 2013: Revenue of $590K, expenses of $438K, and assets of $5K (revenue +242.4% year-over-year).
- 2012: Revenue of $172K, expenses of $168K, and assets of $5K (revenue +15.6% year-over-year).
- 2011: Revenue of $149K, expenses of $153K, and assets of $690.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Love And Hope Foundation:
Data Sources and Methodology
This transparency report for Love And Hope Foundation 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.