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

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.

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.

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 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.

Year	Revenue	Expenses	Assets	Liabilities	Officer 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.

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.