New Hope Baptist Church
EIN: 411504758 · Saint Paul, MN · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $290K |
| Total Expenses | $367K |
| Net Assets | $2.3M |
Is New Hope Baptist Church Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Hope Baptist Church
New Hope Baptist Church (EIN: 411504758) is a nonprofit organization based in Saint Paul, MN, classified under NTEE code X20. The organization reported total revenue of $290K and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hope Baptist Church's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hope Baptist Church is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $432K |
| Total Expenses | $367K |
| Surplus / Deficit | +$65K |
| Total Assets | $2.4M |
| Total Liabilities | $111K |
| Net Assets | $2.3M |
| Operating Margin | 14.9% |
| Debt-to-Asset Ratio | 4.6% |
| Months of Reserves | 78.8 months |
Financial Health Grade: A
In 2023, New Hope Baptist Church reported a surplus of $65K with revenue exceeding expenses, holds 78.8 months of operating reserves (strong position), has a debt-to-asset ratio of 4.6% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), New Hope Baptist Church's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.3% | -2.2% | +0.4% |
| 2022 | -30.2% | -13.1% | -2.7% |
| 2021 | +26.3% | -10.9% | +1.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Hope Baptist Church 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 New Hope Baptist Church 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $65K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.6%.
Frequently Asked Questions about New Hope Baptist Church
Is New Hope Baptist Church a legitimate charity?
New Hope Baptist Church (EIN: 411504758) is a registered tax-exempt nonprofit based in Minnesota. It has 4 years of IRS 990 filings on record. Total revenue: $290K. No red flags identified. Financial health grade: A.
How does New Hope Baptist Church spend its money?
New Hope Baptist Church reported $290K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to New Hope Baptist Church tax-deductible?
New Hope Baptist Church is registered as a tax-exempt nonprofit (EIN: 411504758). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Hope Baptist Church located?
New Hope Baptist Church is headquartered in Saint Paul, Minnesota and files with the IRS under EIN 411504758. It is classified under NTEE code X20.
How many years of IRS 990 filings does New Hope Baptist Church have?
New Hope Baptist Church has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $290K in total revenue.
Filing History
IRS 990 filing history for New Hope Baptist Church showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), New Hope Baptist Church's revenue has grown by 7.9%, moving from $400K to $432K. Total assets decreased by 1% over the same period, from $2.4M to $2.4M. Total functional expenses fell by 24.3%, from $485K to $367K. In its most recent filing year (2023), New Hope Baptist Church reported a surplus of $65K, with revenue exceeding expenses. The organization holds $111K in liabilities against $2.4M in assets (debt-to-asset ratio: 4.6%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $432K | $367K | $2.4M | $111K | — | View 990 |
| 2022 | $353K | $375K | $2.4M | $0 | — | View 990 |
| 2021 | $506K | $432K | $2.5M | $0 | — | View 990 |
| 2020 | $400K | $485K | $2.4M | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $432K, expenses of $367K, and assets of $2.4M (revenue +22.3% year-over-year).
- 2022: Revenue of $353K, expenses of $375K, and assets of $2.4M (revenue -30.2% year-over-year).
- 2021: Revenue of $506K, expenses of $432K, and assets of $2.5M (revenue +26.3% year-over-year).
- 2020: Revenue of $400K, expenses of $485K, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hope Baptist Church:
Data Sources and Methodology
This transparency report for New Hope Baptist Church 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.