Nethope Inc
Nethope Inc. shows volatile revenue and expenses but consistent 0% reported officer compensation.
EIN: 201782011 · Falls Church, VA · NTEE: M02 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.5M |
| Total Expenses | $5.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $16.3M |
| Transparency Score | 80/100 |
Is Nethope Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nethope Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nethope Inc
Nethope Inc (EIN: 201782011) is a nonprofit organization based in Falls Church, VA, classified under NTEE code M02. The organization reported total revenue of $6.5M and total assets of $14.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nethope Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nethope Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.1M |
| Total Expenses | $5.8M |
| Surplus / Deficit | $-1,701,804 |
| Total Assets | $17.4M |
| Total Liabilities | $1.2M |
| Net Assets | $16.3M |
| Operating Margin | -41.8% |
| Debt-to-Asset Ratio | 6.6% |
| Months of Reserves | 36.3 months |
Financial Health Grade: B
In 2023, Nethope Inc reported a deficit of $1.7M with expenses exceeding revenue, holds 36.3 months of operating reserves (strong position), has a debt-to-asset ratio of 6.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nethope Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -79.1% | +62.7% | -7.4% |
| 2022 | +336.7% | -9.1% | +643.7% |
| 2021 | -24.6% | -40.1% | -7.4% |
| 2020 | -22.0% | -24.3% | -11.7% |
| 2019 | -17.5% | -8.4% | -19.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Nethope Inc with a Mission Score of 80 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Nethope 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.6%.
Executive Compensation Analysis
Nethope Inc. consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with annual revenues ranging from $4 million to $19 million. This suggests either a fully volunteer executive leadership or that compensation is reported under different categories, warranting further investigation for complete transparency.
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 Nethope Inc's IRS 990 filings:
- Consistent 0% reported officer compensation, which is highly unusual for an organization of this scale and could indicate a lack of transparency in reporting executive benefits or compensation structures.
- Significant year-over-year revenue volatility (e.g., $19.49M in 2022 to $4.07M in 2023), which can make long-term financial planning and sustainability challenging.
- Operating deficits in multiple years (e.g., 2023, 2020, 2019, 2018, 2017), indicating that expenses sometimes exceed incoming revenue.
Strengths
The following positive indicators were identified for Nethope Inc:
- Strong asset growth over the past decade, from $2.87M in 2014 to $17.44M in 2023, indicating effective asset management or significant capital accumulation.
- Low reported administrative and fundraising costs, assuming the 0% officer compensation is genuinely reflective of executive pay, allowing more funds for programs.
- Consistent filing of IRS 990 forms over 13 periods, demonstrating a commitment to regulatory compliance and public disclosure.
Frequently Asked Questions about Nethope Inc
Is Nethope Inc a legitimate charity?
Nethope Inc (EIN: 201782011) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.5M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Nethope Inc spend its money?
Nethope Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Nethope Inc tax-deductible?
Nethope Inc is registered as a tax-exempt nonprofit (EIN: 201782011). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nethope Inc CEO make?
Nethope Inc's highest-compensated officer earns $4 annually. The organization reported $6.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Nethope Inc's spending goes to programs?
Nethope Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Nethope Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Nethope Inc is above average for NTEE category M02 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nethope Inc located?
Nethope Inc is headquartered in Falls Church, Virginia and files with the IRS under EIN 201782011. It is classified under NTEE code M02.
How many years of IRS 990 filings does Nethope Inc have?
Nethope Inc has 13 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 $6.5M in total revenue.
Is Nethope Inc. a good charity?
Nethope Inc. exhibits strong program spending potential given its 0% reported officer compensation and significant asset growth. However, the extreme volatility in revenue and expenses, coupled with the unusual 0% officer compensation, suggests a need for donors to understand the underlying operational model and funding sources more deeply.
How does Nethope Inc. manage its executive compensation?
All available IRS 990 filings for Nethope Inc. report 0% officer compensation. This is an uncommon practice for an organization of its size and financial activity, suggesting that executive roles may be volunteer, or compensation is categorized differently, which could impact transparency.
What caused the significant revenue fluctuation in 2022-2023?
Nethope Inc. experienced a revenue surge to $19.49 million in 2022, followed by a sharp decline to $4.07 million in 2023. This significant fluctuation could be due to large, one-time grants, project-specific funding, or changes in funding cycles, and would require further detail from the organization to fully understand.
Is Nethope Inc. financially stable given its expense-to-revenue ratios?
While Nethope Inc. has periods where expenses exceed revenue (e.g., 2023: $5.77M expenses vs. $4.07M revenue), its substantial asset base ($17.44M in 2023) and history of significant revenue years suggest a degree of financial resilience. However, consistent operating deficits could be a concern if not offset by prior surpluses or restricted funds.
Filing History
IRS 990 filing history for Nethope Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nethope Inc's revenue has declined by 1%, moving from $4.1M to $4.1M. Total assets increased by 1185.1% over the same period, from $1.4M to $17.4M. Total functional expenses rose by 41.6%, from $4.1M to $5.8M. In its most recent filing year (2023), Nethope Inc reported a deficit of $1.7M, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $17.4M in assets (debt-to-asset ratio: 6.6%), resulting in net assets of $16.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.1M | $5.8M | $17.4M | $1.2M | — | View 990 |
| 2022 | $19.5M | $3.5M | $18.8M | $846K | — | View 990 |
| 2021 | $4.5M | $3.9M | $2.5M | $488K | — | View 990 |
| 2020 | $5.9M | $6.5M | $2.7M | $1.2M | — | View 990 |
| 2019 | $7.6M | $8.6M | $3.1M | $1.0M | — | View 990 |
| 2018 | $9.2M | $9.4M | $3.8M | $713K | — | View 990 |
| 2017 | $9.2M | $9.6M | $5.2M | $1.9M | — | View 990 |
| 2016 | $9.3M | $7.9M | $8.7M | $4.9M | — | View 990 |
| 2015 | $14.1M | $13.8M | $3.7M | $1.3M | — | View 990 |
| 2014 | $7.4M | $6.1M | $2.9M | $802K | — | View 990 |
| 2013 | $6.5M | $6.4M | $2.0M | $1.3M | — | View 990 |
| 2012 | $5.6M | $5.3M | $1.7M | $1.1M | — | View 990 |
| 2011 | $4.1M | $4.1M | $1.4M | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.1M, expenses of $5.8M, and assets of $17.4M (revenue -79.1% year-over-year).
- 2022: Revenue of $19.5M, expenses of $3.5M, and assets of $18.8M (revenue +336.7% year-over-year).
- 2021: Revenue of $4.5M, expenses of $3.9M, and assets of $2.5M (revenue -24.6% year-over-year).
- 2020: Revenue of $5.9M, expenses of $6.5M, and assets of $2.7M (revenue -22.0% year-over-year).
- 2019: Revenue of $7.6M, expenses of $8.6M, and assets of $3.1M (revenue -17.5% year-over-year).
- 2018: Revenue of $9.2M, expenses of $9.4M, and assets of $3.8M (revenue +0.2% year-over-year).
- 2017: Revenue of $9.2M, expenses of $9.6M, and assets of $5.2M (revenue -1.2% year-over-year).
- 2016: Revenue of $9.3M, expenses of $7.9M, and assets of $8.7M (revenue -34.2% year-over-year).
- 2015: Revenue of $14.1M, expenses of $13.8M, and assets of $3.7M (revenue +90.6% year-over-year).
- 2014: Revenue of $7.4M, expenses of $6.1M, and assets of $2.9M (revenue +13.9% year-over-year).
- 2013: Revenue of $6.5M, expenses of $6.4M, and assets of $2.0M (revenue +16.9% year-over-year).
- 2012: Revenue of $5.6M, expenses of $5.3M, and assets of $1.7M (revenue +35.4% year-over-year).
- 2011: Revenue of $4.1M, expenses of $4.1M, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nethope Inc:
Data Sources and Methodology
This transparency report for Nethope 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.