Mission Of Hope
Mission Of Hope shows consistent revenue growth and strong asset accumulation with zero officer compensation.
EIN: 161650924 · Hardy, AR · NTEE: X20 · Updated: 2026-03-28
Is Mission Of Hope Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mission Of Hope directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mission Of Hope
Mission Of Hope (EIN: 161650924) is a nonprofit organization based in Hardy, AR, classified under NTEE code X20. The organization reported total revenue of $197K and total assets of $550K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mission Of Hope's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mission Of Hope is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $185K |
| Total Expenses | $159K |
| Surplus / Deficit | +$26K |
| Total Assets | $535K |
| Net Assets | $535K |
| Operating Margin | 14.3% |
| Months of Reserves | 40.5 months |
Financial Health Grade: A
In 2023, Mission Of Hope reported a surplus of $26K with revenue exceeding expenses, holds 40.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Mission Of Hope's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.8% | +54.1% | +367.0% |
| 2022 | +20.1% | +30.4% | +25.5% |
| 2021 | +40.4% | -5.4% | +41.6% |
| 2020 | -30.6% | -18.5% | -3.0% |
| 2019 | -11.4% | -14.8% | +9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2003 |
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 Mission Of Hope with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Mission Of Hope allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $26K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size with assets exceeding $500,000.
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.
Strengths
The following positive indicators were identified for Mission Of Hope:
- Consistent revenue growth, from $78,045 in 2014 to $185,020 in 2023.
- Significant asset accumulation, growing from $52,621 in 2014 to $534,668 in 2023.
- Zero officer compensation reported across all filings, indicating volunteer leadership.
- Very low or zero liabilities, demonstrating sound financial management.
- Expenses consistently lower than revenue in recent years, leading to surpluses.
Frequently Asked Questions about Mission Of Hope
Is Mission Of Hope a legitimate charity?
Based on AI analysis of IRS 990 filings, Mission Of Hope (EIN: 161650924) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Mission Of Hope spend its money?
Mission Of Hope directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mission Of Hope tax-deductible?
Mission Of Hope is registered as a tax-exempt nonprofit (EIN: 161650924). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Mission Of Hope a good charity?
Based on the financial data, Mission Of Hope appears to be a very good charity. It exhibits strong financial health, consistent growth, minimal liabilities, and a highly efficient operational model with no officer compensation.
How has Mission Of Hope's financial health changed over time?
Mission Of Hope has shown significant financial improvement, with revenue growing from $78,045 in 2014 to $185,020 in 2023, and assets increasing dramatically from $52,621 to $534,668 over the same period, indicating robust growth and stability.
What is Mission Of Hope's approach to executive compensation?
Mission Of Hope has a highly efficient approach to executive compensation, reporting 0% officer compensation in all available filings, meaning its leadership serves on a volunteer basis.
Does Mission Of Hope have significant liabilities?
No, Mission Of Hope consistently reports very low or zero liabilities across all available filings, indicating strong financial management and minimal debt.
Filing History
IRS 990 filing history for Mission Of Hope showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mission Of Hope's revenue has grown by 93.5%, moving from $96K to $185K. Total assets increased by 915.5% over the same period, from $53K to $535K. Total functional expenses rose by 79.7%, from $88K to $159K. In its most recent filing year (2023), Mission Of Hope reported a surplus of $26K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $185K | $159K | $535K | $0 | — | View 990 |
| 2022 | $127K | $103K | $114K | $6K | — | View 990 |
| 2021 | $106K | $79K | $91K | $6K | — | — |
| 2020 | $75K | $83K | $64K | $6K | — | View 990 |
| 2019 | $108K | $102K | $66K | $25 | — | View 990 |
| 2018 | $122K | $120K | $60K | $0 | — | View 990 |
| 2017 | $97K | $92K | $58K | $-25 | — | View 990 |
| 2016 | $88K | $86K | $53K | $25 | — | View 990 |
| 2015 | $87K | $89K | $51K | $-25 | — | View 990 |
| 2014 | $78K | $81K | $53K | $-25 | — | View 990 |
| 2013 | $89K | $88K | $57K | $1K | — | View 990 |
| 2012 | $87K | $85K | $55K | $-25 | — | View 990 |
| 2011 | $96K | $88K | $53K | $46 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $185K, expenses of $159K, and assets of $535K (revenue +45.8% year-over-year).
- 2022: Revenue of $127K, expenses of $103K, and assets of $114K (revenue +20.1% year-over-year).
- 2021: Revenue of $106K, expenses of $79K, and assets of $91K (revenue +40.4% year-over-year).
- 2020: Revenue of $75K, expenses of $83K, and assets of $64K (revenue -30.6% year-over-year).
- 2019: Revenue of $108K, expenses of $102K, and assets of $66K (revenue -11.4% year-over-year).
- 2018: Revenue of $122K, expenses of $120K, and assets of $60K (revenue +26.4% year-over-year).
- 2017: Revenue of $97K, expenses of $92K, and assets of $58K (revenue +9.9% year-over-year).
- 2016: Revenue of $88K, expenses of $86K, and assets of $53K (revenue +1.1% year-over-year).
- 2015: Revenue of $87K, expenses of $89K, and assets of $51K (revenue +11.8% year-over-year).
- 2014: Revenue of $78K, expenses of $81K, and assets of $53K (revenue -12.1% year-over-year).
- 2013: Revenue of $89K, expenses of $88K, and assets of $57K (revenue +2.4% year-over-year).
- 2012: Revenue of $87K, expenses of $85K, and assets of $55K (revenue -9.3% year-over-year).
- 2011: Revenue of $96K, expenses of $88K, and assets of $53K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mission Of Hope:
Data Sources and Methodology
This transparency report for Mission Of Hope 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.