New Hope Manor Inc
New Hope Manor Inc. consistently reports 0% officer compensation amidst growing assets and increasing liabilities.
EIN: 141536234 · Barryville, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.5M |
| Total Expenses | $4.5M |
| Program Spending | 85% |
| Net Assets | $3.6M |
| Transparency Score | 90/100 |
Is New Hope Manor Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Hope Manor Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New Hope Manor Inc
New Hope Manor Inc (EIN: 141536234) is a nonprofit organization based in Barryville, NY. The organization reported total revenue of $4.5M and total assets of $5.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hope Manor Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hope Manor Inc is a mid-size nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.2M |
| Total Expenses | $4.5M |
| Surplus / Deficit | $-273,862 |
| Total Assets | $6.2M |
| Total Liabilities | $2.6M |
| Net Assets | $3.6M |
| Operating Margin | -6.5% |
| Debt-to-Asset Ratio | 41.4% |
| Months of Reserves | 16.6 months |
Financial Health Grade: B
In 2023, New Hope Manor Inc reported a deficit of $274K with expenses exceeding revenue, holds 16.6 months of operating reserves (strong position), has a debt-to-asset ratio of 41.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Hope Manor Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.9% | +15.9% | +1.9% |
| 2022 | +25.1% | +19.0% | +14.4% |
| 2021 | +6.2% | +11.7% | -5.5% |
| 2020 | -15.6% | -10.2% | -16.6% |
| 2019 | +16.0% | +6.0% | +3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1946 |
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 New Hope Manor Inc with a Mission Score of 90 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, New Hope Manor 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 $274K, with expenses exceeding revenue.
- Debt-to-asset ratio: 41.4%.
Executive Compensation Analysis
New Hope Manor Inc. consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a highly unusual and positive financial practice, suggesting all funds are directed towards operational and programmatic expenses.
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 Manor Inc's IRS 990 filings:
- Significant increase in liabilities over time without clear explanation in provided data.
Strengths
The following positive indicators were identified for New Hope Manor Inc:
- Consistent reporting of 0% officer compensation, indicating strong resource allocation to mission.
- Healthy and growing asset base, reaching $6,206,426 in 202312.
- Consistent filing of IRS Form 990s over 13 periods, demonstrating transparency and compliance.
- Revenue growth from $2,485,808 in 2014 to $4,219,237 in 2023, indicating expanding operations or funding.
Frequently Asked Questions about New Hope Manor Inc
Is New Hope Manor Inc a legitimate charity?
New Hope Manor Inc (EIN: 141536234) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $4.5M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does New Hope Manor Inc spend its money?
New Hope Manor Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New Hope Manor Inc tax-deductible?
New Hope Manor Inc is registered as a tax-exempt nonprofit (EIN: 141536234). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Hope Manor Inc's spending goes to programs?
New Hope Manor Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New Hope Manor Inc located?
New Hope Manor Inc is headquartered in Barryville, New York and files with the IRS under EIN 141536234.
How many years of IRS 990 filings does New Hope Manor Inc have?
New Hope Manor 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 $4.5M in total revenue.
How does New Hope Manor Inc. manage its executive leadership without officer compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be provided by volunteers, through a management agreement with another entity, or that compensation is structured in a way that does not fall under 'officer compensation' as defined by the IRS for Form 990, Part VII. Further investigation into their governance and compensation policies would be needed.
What is the nature of the significant increase in liabilities from $372,850 in 2016 to $2,567,559 in 2023?
The substantial increase in liabilities warrants further investigation. It could be due to long-term debt for facility expansion, program-related payables, or other financial obligations. Understanding the composition of these liabilities is crucial for assessing long-term financial risk.
Is New Hope Manor Inc. financially sustainable given recent operational deficits?
While the 202312 filing shows a slight operational deficit ($4,219,237 revenue vs. $4,493,099 expenses), the organization has a healthy asset base of $6,206,426. The deficits are not consistently large and have been offset by surpluses in other years (e.g., 201912). The overall trend suggests a managed financial position, but consistent deficits could impact long-term sustainability if not addressed.
Filing History
IRS 990 filing history for New Hope Manor Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Hope Manor Inc's revenue has grown by 93.2%, moving from $2.2M to $4.2M. Total assets increased by 5.9% over the same period, from $5.9M to $6.2M. Total functional expenses rose by 101.6%, from $2.2M to $4.5M. In its most recent filing year (2023), New Hope Manor Inc reported a deficit of $274K, with expenses exceeding revenue. The organization holds $2.6M in liabilities against $6.2M in assets (debt-to-asset ratio: 41.4%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.2M | $4.5M | $6.2M | $2.6M | — | — |
| 2022 | $3.9M | $3.9M | $6.1M | $2.2M | — | View 990 |
| 2021 | $3.1M | $3.3M | $5.3M | $1.4M | — | View 990 |
| 2020 | $2.9M | $2.9M | $5.6M | $1.4M | — | — |
| 2019 | $3.5M | $3.3M | $6.8M | $2.5M | — | View 990 |
| 2018 | $3.0M | $3.1M | $6.5M | $2.5M | — | View 990 |
| 2017 | $2.9M | $3.0M | $5.4M | $918K | — | View 990 |
| 2016 | $2.6M | $2.7M | $5.0M | $373K | — | View 990 |
| 2015 | $2.5M | $2.7M | $5.0M | $248K | — | View 990 |
| 2014 | $2.5M | $2.6M | $5.2M | $254K | — | View 990 |
| 2013 | $2.4M | $2.6M | $5.3M | $276K | — | View 990 |
| 2012 | $2.3M | $2.4M | $5.5M | $268K | — | View 990 |
| 2011 | $2.2M | $2.2M | $5.9M | $535K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.2M, expenses of $4.5M, and assets of $6.2M (revenue +8.9% year-over-year).
- 2022: Revenue of $3.9M, expenses of $3.9M, and assets of $6.1M (revenue +25.1% year-over-year).
- 2021: Revenue of $3.1M, expenses of $3.3M, and assets of $5.3M (revenue +6.2% year-over-year).
- 2020: Revenue of $2.9M, expenses of $2.9M, and assets of $5.6M (revenue -15.6% year-over-year).
- 2019: Revenue of $3.5M, expenses of $3.3M, and assets of $6.8M (revenue +16.0% year-over-year).
- 2018: Revenue of $3.0M, expenses of $3.1M, and assets of $6.5M (revenue +3.5% year-over-year).
- 2017: Revenue of $2.9M, expenses of $3.0M, and assets of $5.4M (revenue +10.1% year-over-year).
- 2016: Revenue of $2.6M, expenses of $2.7M, and assets of $5.0M (revenue +2.9% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.7M, and assets of $5.0M (revenue +2.0% year-over-year).
- 2014: Revenue of $2.5M, expenses of $2.6M, and assets of $5.2M (revenue +1.8% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.6M, and assets of $5.3M (revenue +5.6% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.4M, and assets of $5.5M (revenue +5.9% year-over-year).
- 2011: Revenue of $2.2M, expenses of $2.2M, and assets of $5.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hope Manor Inc:
Data Sources and Methodology
This transparency report for New Hope Manor 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.