New Hope For Children

New Hope For Children faces significant financial instability with consistent operating deficits and growing liabilities.

EIN: 20491267 · Dover, NH · NTEE: P31 · Updated: 2026-03-28

$157KRevenue
$87KAssets
35/100Mission Score (Poor)
P31

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New Hope For Children Financial Summary
MetricValue
Total Revenue$157K
Total Expenses$296K
Program Spending70%
Net Assets$-365,965
Transparency Score35/100

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New Hope For Children Form 990, Revenue, CEO Pay, and IRS Filing Signals

New Hope For Children is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around New Hope For Children in one place.

Form 990 Filing Summary

12 filing years are available, with latest revenue of $164K and expenses of $296K.

Revenue and Expenses

New Hope For Children reported $164K in revenue and $296K in expenses, a deficit of $133K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

35/100 mission score, 4 red flags, and 2 strengths are shown from structured and AI review.

Is New Hope For Children Legit?

Significant Concerns

GoodFiling Consistency
GoodSpending Efficiency
ModerateTransparency
4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
70%Program Expense
$0Grants Paid
12Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

New Hope For Children Expense Deployment
Program services$207K (70%)

Across stored filings, New Hope For Children shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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New Hope For Children Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySignificant ConcernsGood filing record; 4 red flags identified
Mission spend70% to programsGood
Financial durabilityGrade D12 stored filing years
Peer contextCompare with Hellenic Society Paideia Of New HampshireNew Hampshire and Human Services context

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New Hope For Children directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.

About New Hope For Children

New Hope For Children (EIN: 20491267) is a nonprofit organization based in Dover, NH, classified under NTEE code P31. The organization reported total revenue of $157K and total assets of $87K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hope For Children's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

30Years Operating
SmallSize Classification
12Years of Filings
MixedRevenue Trajectory

New Hope For Children is a small nonprofit that has been operating for 30 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$164K
Total Expenses$296K
Surplus / Deficit$-132,577
Total Assets$65K
Total Liabilities$431K
Net Assets$-365,965
Operating Margin-81.0%
Debt-to-Asset Ratio659.2%
Months of Reserves2.7 months

Financial Health Grade: D

In 2023, New Hope For Children reported a deficit of $133K with expenses exceeding revenue, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 659.2% (high leverage).

Financial Trends

Over 12 years of filings (2011–2023), New Hope For Children's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023+1.5%+1.3%-71.1%
2022-37.3%+5.2%+282.3%
2021+27.3%-4.1%-49.8%
2020-5.8%+36.4%+301.5%
2019-6.3%-7.2%+102.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1996

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

New Hope For Children exhibits concerning financial trends over recent years. In 2023, the organization reported expenses of $296,170 against revenues of $163,593, indicating a significant operating deficit. This pattern of expenses consistently exceeding revenue is evident in multiple recent filings, such as 2022 ($292,463 expenses vs. $161,213 revenue) and 2021 ($278,110 expenses vs. $256,970 revenue). This sustained deficit spending has led to a substantial increase in liabilities, reaching $431,411 in 2023, far outweighing its assets of $65,446. The organization's financial health appears precarious, with liabilities growing dramatically from $22,175 in 2019 to over $400,000 in recent years. While officer compensation has consistently been reported as 0%, which is a positive for donor confidence in executive pay, the overall financial instability raises questions about the long-term sustainability and impact of its programs. The lack of detailed expense breakdowns in the provided data makes it difficult to assess spending efficiency beyond the top-line figures, but the consistent operating losses are a major concern.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New Hope For Children with a Mission Score of 35 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 20%
  • programs: 70%
  • fundraising: 10%

According to IRS 990 filings, New Hope For Children allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$164KTotal Revenue
$296KTotal Expenses
$65KTotal Assets
$431KTotal Liabilities
$-365,965Net Assets
  • The organization reported a deficit of $133K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 659.2%.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees are receiving salaries, which is a positive for minimizing overhead in this area.

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 New Hope For Children's IRS 990 filings:

  • Consistent operating deficits (e.g., $163,593 revenue vs. $296,170 expenses in 2023).
  • Rapidly increasing liabilities ($22,175 in 2019 to $431,411 in 2023).
  • Liabilities significantly exceed assets ($431,411 liabilities vs. $65,446 assets in 2023).
  • Negative net assets in recent years, indicating insolvency.

Strengths

The following positive indicators were identified for New Hope For Children:

  • 0% officer compensation reported across all available filings, indicating no executive salaries.
  • Long filing history (12 filings), suggesting consistent reporting.

Frequently Asked Questions about New Hope For Children

Is New Hope For Children a legitimate charity?

New Hope For Children (EIN: 20491267) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 35/100. It has 12 years of IRS 990 filings on record. Total revenue: $157K. 4 red flags identified. 2 strengths noted. Financial health grade: D.

How does New Hope For Children spend its money?

New Hope For Children directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.

Are donations to New Hope For Children tax-deductible?

New Hope For Children is registered as a tax-exempt nonprofit (EIN: 20491267). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of New Hope For Children's spending goes to programs?

New Hope For Children directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.

How does New Hope For Children compare to similar nonprofits?

With a transparency score of 35/100 (Poor), New Hope For Children is below average for NTEE category P31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is New Hope For Children located?

New Hope For Children is headquartered in Dover, New Hampshire and files with the IRS under EIN 20491267. It is classified under NTEE code P31.

How many years of IRS 990 filings does New Hope For Children have?

New Hope For Children 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 $157K in total revenue.

Is New Hope For Children a good charity?

Based on the financial data, New Hope For Children is facing significant financial challenges, with expenses consistently exceeding revenue and liabilities growing substantially. While officer compensation is 0%, the overall financial health raises concerns about its long-term sustainability and ability to effectively deliver on its mission.

Why are liabilities so high?

Liabilities have dramatically increased from $22,175 in 2019 to $431,411 in 2023. This surge in liabilities, coupled with consistent operating deficits, suggests the organization may be accumulating debt to cover its operational expenses.

How does the organization cover its expenses if revenue is lower?

The consistent gap between expenses and revenue, such as $296,170 in expenses versus $163,593 in revenue in 2023, indicates the organization is likely drawing down on assets or incurring debt to cover its operational costs, as evidenced by the significant increase in liabilities.

What is the trend in assets?

Assets have fluctuated, reaching a high of $226,562 in 2022 but then dropping to $65,446 in 2023. This volatility, especially the recent decline, combined with high liabilities, suggests a weakening financial position.

Filing History

IRS 990 filing history for New Hope For Children showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2023), New Hope For Children's revenue has grown by 129%, moving from $71K to $164K. Total assets increased by 0.5% over the same period, from $65K to $65K. Total functional expenses rose by 622.6%, from $41K to $296K. In its most recent filing year (2023), New Hope For Children reported a deficit of $133K, with expenses exceeding revenue. The organization holds $431K in liabilities against $65K in assets (debt-to-asset ratio: 659.2%), resulting in net assets of $-365,965.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $164K $296K $65K $431K
2022 $161K $292K $227K $460K View 990
2021 $257K $278K $59K $161K View 990
2020 $202K $290K $118K $199K
2019 $214K $213K $29K $22K View 990
2018 $229K $229K $15K $9K View 990
2017 $129K $131K $15K $9K View 990
2016 $29K $32K $8K $0 View 990
2015 $8K $20K $10K $0 View 990
2014 $24K $26K $25K $4K View 990
2013 $25K $38K $43K $39K View 990
2011 $71K $41K $65K $34K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $164K, expenses of $296K, and assets of $65K (revenue +1.5% year-over-year).
  • 2022: Revenue of $161K, expenses of $292K, and assets of $227K (revenue -37.3% year-over-year).
  • 2021: Revenue of $257K, expenses of $278K, and assets of $59K (revenue +27.3% year-over-year).
  • 2020: Revenue of $202K, expenses of $290K, and assets of $118K (revenue -5.8% year-over-year).
  • 2019: Revenue of $214K, expenses of $213K, and assets of $29K (revenue -6.3% year-over-year).
  • 2018: Revenue of $229K, expenses of $229K, and assets of $15K (revenue +77.9% year-over-year).
  • 2017: Revenue of $129K, expenses of $131K, and assets of $15K (revenue +350.9% year-over-year).
  • 2016: Revenue of $29K, expenses of $32K, and assets of $8K (revenue +259.9% year-over-year).
  • 2015: Revenue of $8K, expenses of $20K, and assets of $10K (revenue -67.6% year-over-year).
  • 2014: Revenue of $24K, expenses of $26K, and assets of $25K (revenue -3.5% year-over-year).
  • 2013: Revenue of $25K, expenses of $38K, and assets of $43K (revenue -64.6% year-over-year).
  • 2011: Revenue of $71K, expenses of $41K, and assets of $65K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for New Hope For Children:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2011 Filing

Data Sources and Methodology

This transparency report for New Hope For Children 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.

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