New Hope Community Service Center
EIN: 363831298 · Chicago, IL · NTEE: F50Z
| Metric | Value |
|---|---|
| Total Revenue | $629K |
| Total Expenses | $826K |
| Net Assets | $-252,478 |
Is New Hope Community Service Center 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 Community Service Center
New Hope Community Service Center (EIN: 363831298) is a nonprofit organization based in Chicago, IL, classified under NTEE code F50Z. The organization reported total revenue of $629K and total assets of $41K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hope Community Service Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hope Community Service Center is a small nonprofit that has been operating for 33 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -3.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $840K |
| Total Expenses | $826K |
| Surplus / Deficit | +$14K |
| Total Assets | $246K |
| Total Liabilities | $499K |
| Net Assets | $-252,478 |
| Operating Margin | 1.6% |
| Debt-to-Asset Ratio | 202.6% |
| Months of Reserves | 3.6 months |
Financial Health Grade: A
In 2022, New Hope Community Service Center reported a surplus of $14K with revenue exceeding expenses, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 202.6% (high leverage).
Financial Trends
Over 12 years of filings (2011–2022), New Hope Community Service Center's revenue has declined at a compound annual growth rate (CAGR) of -3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +114.1% | -16.8% | +36.8% |
| 2021 | -76.8% | -29.5% | -79.4% |
| 2020 | +3.0% | +34.4% | +38.7% |
| 2019 | +248.9% | +81.6% | +381.6% |
| 2018 | +123.6% | +156.9% | -7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Hope Community Service Center 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 Community Service Center 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 202.6%.
Frequently Asked Questions about New Hope Community Service Center
Is New Hope Community Service Center a legitimate charity?
New Hope Community Service Center (EIN: 363831298) is a registered tax-exempt nonprofit based in Illinois. It has 12 years of IRS 990 filings on record. Total revenue: $629K. No red flags identified. Financial health grade: A.
How does New Hope Community Service Center spend its money?
New Hope Community Service Center reported $629K in total revenue in IRS 990 filings. 12 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 Community Service Center tax-deductible?
New Hope Community Service Center is registered as a tax-exempt nonprofit (EIN: 363831298). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Hope Community Service Center located?
New Hope Community Service Center is headquartered in Chicago, Illinois and files with the IRS under EIN 363831298. It is classified under NTEE code F50Z.
How many years of IRS 990 filings does New Hope Community Service Center have?
New Hope Community Service Center has 12 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 $629K in total revenue.
Filing History
IRS 990 filing history for New Hope Community Service Center showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), New Hope Community Service Center's revenue has declined by 31.9%, moving from $1.2M to $840K. Total assets increased by 81.1% over the same period, from $136K to $246K. Total functional expenses fell by 27.6%, from $1.1M to $826K. In its most recent filing year (2022), New Hope Community Service Center reported a surplus of $14K, with revenue exceeding expenses. The organization holds $499K in liabilities against $246K in assets (debt-to-asset ratio: 202.6%), resulting in net assets of $-252,478.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $840K | $826K | $246K | $499K | — | View 990 |
| 2021 | $392K | $992K | $180K | $446K | — | View 990 |
| 2020 | $1.7M | $1.4M | $875K | $150K | — | View 990 |
| 2019 | $1.6M | $1.0M | $631K | $186K | — | View 990 |
| 2018 | $470K | $577K | $131K | $277K | — | View 990 |
| 2017 | $210K | $225K | $142K | $169K | — | View 990 |
| 2016 | $0 | $215K | $85K | $86K | — | View 990 |
| 2015 | $1.7M | $1.8M | $103K | $83K | — | View 990 |
| 2014 | $2.2M | $2.3M | $374K | $316K | — | View 990 |
| 2013 | $1.7M | $1.7M | $116K | $45K | — | View 990 |
| 2012 | $1.3M | $1.3M | $151K | $40K | — | View 990 |
| 2011 | $1.2M | $1.1M | $136K | $32K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $840K, expenses of $826K, and assets of $246K (revenue +114.1% year-over-year).
- 2021: Revenue of $392K, expenses of $992K, and assets of $180K (revenue -76.8% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.4M, and assets of $875K (revenue +3.0% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.0M, and assets of $631K (revenue +248.9% year-over-year).
- 2018: Revenue of $470K, expenses of $577K, and assets of $131K (revenue +123.6% year-over-year).
- 2017: Revenue of $210K, expenses of $225K, and assets of $142K.
- 2016: Revenue of $0, expenses of $215K, and assets of $85K (revenue -100.0% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.8M, and assets of $103K (revenue -22.9% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.3M, and assets of $374K (revenue +31.3% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.7M, and assets of $116K (revenue +31.9% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.3M, and assets of $151K (revenue +4.9% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.1M, and assets of $136K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hope Community Service Center:
Data Sources and Methodology
This transparency report for New Hope Community Service Center 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.