Mt Hope Sanctuary Inc
Mt Hope Sanctuary Inc experienced a significant operating deficit in its latest fiscal year, drawing down assets.
EIN: 200457770 · Mcpherson, KS · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $114K |
| Total Expenses | $185K |
| Program Spending | 85% |
| Net Assets | $215K |
| Transparency Score | 75/100 |
Is Mt Hope Sanctuary Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mt Hope Sanctuary Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mt Hope Sanctuary Inc
Mt Hope Sanctuary Inc (EIN: 200457770) is a nonprofit organization based in Mcpherson, KS, classified under NTEE code P20. The organization reported total revenue of $114K and total assets of $215K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mt Hope Sanctuary Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mt Hope Sanctuary Inc is a small nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2012–2022). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $99K |
| Total Expenses | $185K |
| Surplus / Deficit | $-86,526 |
| Total Assets | $215K |
| Net Assets | $215K |
| Operating Margin | -87.6% |
| Months of Reserves | 13.9 months |
Financial Health Grade: B
In 2022, Mt Hope Sanctuary Inc reported a deficit of $87K with expenses exceeding revenue, holds 13.9 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2012–2022), Mt Hope Sanctuary Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -51.8% | +62.4% | -28.7% |
| 2021 | +69.9% | -3.9% | +38.2% |
| 2020 | -5.0% | -3.1% | -4.5% |
| 2019 | +0.4% | +4.9% | -3.2% |
| 2018 | +15.2% | -27.6% | -5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Mt Hope Sanctuary Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Mt Hope Sanctuary Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $87K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is highly favorable for donor confidence and resource allocation to programs.
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 Mt Hope Sanctuary Inc's IRS 990 filings:
- Significant operating deficit in the latest fiscal year ($86,526 in 202206)
- Decline in total assets from $301,249 in 202106 to $214,723 in 202206
- Large year-over-year increase in expenses (from $114,112 to $185,330) without a corresponding revenue increase in 202206
Strengths
The following positive indicators were identified for Mt Hope Sanctuary Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission
- Zero liabilities reported in the last two fiscal periods (202206 and 202106)
- History of maintaining assets well above annual revenue, providing some financial cushion
Frequently Asked Questions about Mt Hope Sanctuary Inc
Is Mt Hope Sanctuary Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Mt Hope Sanctuary Inc (EIN: 200457770) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Mt Hope Sanctuary Inc spend its money?
Mt Hope Sanctuary Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mt Hope Sanctuary Inc tax-deductible?
Mt Hope Sanctuary Inc is registered as a tax-exempt nonprofit (EIN: 200457770). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mt Hope Sanctuary Inc's spending goes to programs?
Mt Hope Sanctuary Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mt Hope Sanctuary Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Mt Hope Sanctuary Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mt Hope Sanctuary Inc located?
Mt Hope Sanctuary Inc is headquartered in Mcpherson, Kansas and files with the IRS under EIN 200457770. It is classified under NTEE code P20.
How many years of IRS 990 filings does Mt Hope Sanctuary Inc have?
Mt Hope Sanctuary Inc has 11 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 $114K in total revenue.
Is Mt Hope Sanctuary Inc financially stable given the recent deficit?
While the organization reported a significant deficit of $86,526 in 202206 (Expenses $185,330 - Revenue $98,804), it also reported $214,723 in assets and $0 liabilities. This suggests it has reserves to cover the deficit, but sustained deficits would be concerning.
What caused the large increase in expenses in 202206?
The provided data does not detail the specific categories of expenses. However, total expenses jumped from $114,112 in 202106 to $185,330 in 202206, an increase of over 62%, which is a significant change that would warrant further investigation into the detailed Form 990.
How does the organization fund its operations without officer compensation?
The consistent reporting of 0% officer compensation suggests that leadership may be volunteer-based or compensated through other means not classified as officer compensation on the 990, or that the organization operates with minimal paid staff at the executive level.
Filing History
IRS 990 filing history for Mt Hope Sanctuary Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2022), Mt Hope Sanctuary Inc's revenue has grown by 3%, moving from $96K to $99K. Total assets decreased by 29.7% over the same period, from $305K to $215K. Total functional expenses rose by 66.6%, from $111K to $185K. In its most recent filing year (2022), Mt Hope Sanctuary Inc reported a deficit of $87K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $99K | $185K | $215K | $0 | — | — |
| 2021 | $205K | $114K | $301K | $0 | — | — |
| 2020 | $121K | $119K | $218K | $8K | — | — |
| 2019 | $127K | $123K | $228K | $20K | — | View 990 |
| 2018 | $127K | $117K | $236K | $32K | — | View 990 |
| 2017 | $110K | $161K | $249K | $56K | — | View 990 |
| 2016 | $113K | $122K | $269K | $24K | — | View 990 |
| 2015 | $73K | $67K | $283K | $29K | — | View 990 |
| 2014 | $76K | $88K | $291K | $42K | — | View 990 |
| 2013 | $141K | $129K | $297K | $37K | — | View 990 |
| 2012 | $96K | $111K | $305K | $57K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $99K, expenses of $185K, and assets of $215K (revenue -51.8% year-over-year).
- 2021: Revenue of $205K, expenses of $114K, and assets of $301K (revenue +69.9% year-over-year).
- 2020: Revenue of $121K, expenses of $119K, and assets of $218K (revenue -5.0% year-over-year).
- 2019: Revenue of $127K, expenses of $123K, and assets of $228K (revenue +0.4% year-over-year).
- 2018: Revenue of $127K, expenses of $117K, and assets of $236K (revenue +15.2% year-over-year).
- 2017: Revenue of $110K, expenses of $161K, and assets of $249K (revenue -2.5% year-over-year).
- 2016: Revenue of $113K, expenses of $122K, and assets of $269K (revenue +54.7% year-over-year).
- 2015: Revenue of $73K, expenses of $67K, and assets of $283K (revenue -3.8% year-over-year).
- 2014: Revenue of $76K, expenses of $88K, and assets of $291K (revenue -46.3% year-over-year).
- 2013: Revenue of $141K, expenses of $129K, and assets of $297K (revenue +47.3% year-over-year).
- 2012: Revenue of $96K, expenses of $111K, and assets of $305K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mt Hope Sanctuary Inc:
Data Sources and Methodology
This transparency report for Mt Hope Sanctuary 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.