Michele's Hope Inc
EIN: 464738652 · Lillian, AL
| Metric | Value |
|---|---|
| Total Expenses | $15K |
| Net Assets | $23K |
Is Michele's 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 Michele's Hope Inc
Michele's Hope Inc (EIN: 464738652) is a nonprofit organization based in Lillian, AL. 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 Michele's Hope Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Michele's Hope Inc is a micro nonprofit, with 2 years of IRS 990 filings on record (2014–2015). Revenue has grown at a compound annual rate of 217.5%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $34K |
| Total Expenses | $15K |
| Surplus / Deficit | +$19K |
| Total Assets | $23K |
| Net Assets | $23K |
| Operating Margin | 55.6% |
| Months of Reserves | 18.5 months |
Financial Health Grade: A
In 2015, Michele's Hope Inc reported a surplus of $19K with revenue exceeding expenses, holds 18.5 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2014–2015), Michele's Hope Inc's revenue has grown at a compound annual growth rate (CAGR) of 217.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +217.5% | +138.0% | +433.2% |
AI Analysis Pending
AI enrichment for Michele's 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 Michele's 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
Frequently Asked Questions about Michele's Hope Inc
Is Michele's Hope Inc a legitimate charity?
Michele's Hope Inc (EIN: 464738652) is a registered tax-exempt nonprofit based in Alabama. It has 2 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Michele's Hope Inc spend its money?
Michele's Hope Inc reported its financials in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Michele's Hope Inc tax-deductible?
Michele's Hope Inc is registered as a tax-exempt nonprofit (EIN: 464738652). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Michele's Hope Inc located?
Michele's Hope Inc is headquartered in Lillian, Alabama and files with the IRS under EIN 464738652.
How many years of IRS 990 filings does Michele's Hope Inc have?
Michele's Hope Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Michele's Hope Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2014–2015), Michele's Hope Inc's revenue has grown by 217.5%, moving from $11K to $34K. Total assets increased by 433.2% over the same period, from $4K to $23K. Total functional expenses rose by 138%, from $6K to $15K. In its most recent filing year (2015), Michele's Hope Inc reported a surplus of $19K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $34K | $15K | $23K | $0 | — | View 990 |
| 2014 | $11K | $6K | $4K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Michele's Hope Inc:
Data Sources and Methodology
This transparency report for Michele's 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.