New Hope Transition Center Inc
EIN: 262998420 · Twin Falls, ID · NTEE: P990
| Metric | Value |
|---|---|
| Total Revenue | $109K |
| Total Expenses | $20K |
| Net Assets | $864K |
Is New Hope Transition Center Inc 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 Transition Center Inc
New Hope Transition Center Inc (EIN: 262998420) is a nonprofit organization based in Twin Falls, ID, classified under NTEE code P990. The organization reported total revenue of $109K and total assets of $967K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hope Transition Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hope Transition Center Inc is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 24.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $816K |
| Total Expenses | $20K |
| Surplus / Deficit | +$796K |
| Total Assets | $864K |
| Net Assets | $864K |
| Operating Margin | 97.6% |
| Months of Reserves | 529.5 months |
Financial Health Grade: A
In 2023, New Hope Transition Center Inc reported a surplus of $796K with revenue exceeding expenses, holds 529.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), New Hope Transition Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 24.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +833.8% | -66.7% | +719.0% |
| 2022 | +80.6% | +15.9% | +37.1% |
| 2021 | -8.6% | +3.7% | -3.0% |
| 2020 | -24.6% | +4.8% | +5.3% |
| 2019 | -11.8% | -26.0% | +45.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Hope Transition Center Inc 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 Transition Center Inc 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 $796K, with revenue exceeding expenses.
Frequently Asked Questions about New Hope Transition Center Inc
Is New Hope Transition Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hope Transition Center Inc (EIN: 262998420) insufficient data. 0 red flags identified, 0 strengths noted.
How does New Hope Transition Center Inc spend its money?
Detailed spending breakdown data is not yet available for New Hope Transition Center Inc. Check back for updated IRS 990 analysis.
Are donations to New Hope Transition Center Inc tax-deductible?
New Hope Transition Center Inc is registered as a tax-exempt nonprofit (EIN: 262998420). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Hope Transition Center Inc located?
New Hope Transition Center Inc is headquartered in Twin Falls, Idaho and files with the IRS under EIN 262998420. It is classified under NTEE code P990.
How many years of IRS 990 filings does New Hope Transition Center Inc have?
New Hope Transition Center 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 $109K in total revenue.
Filing History
IRS 990 filing history for New Hope Transition Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Hope Transition Center Inc's revenue has grown by 1282.4%, moving from $59K to $816K. Total assets increased by 5606.6% over the same period, from $15K to $864K. Total functional expenses fell by 57.8%, from $46K to $20K. In its most recent filing year (2023), New Hope Transition Center Inc reported a surplus of $796K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $816K | $20K | $864K | $0 | — | — |
| 2022 | $87K | $59K | $105K | $0 | — | View 990 |
| 2021 | $48K | $51K | $77K | $0 | — | View 990 |
| 2020 | $53K | $49K | $79K | $0 | — | — |
| 2019 | $70K | $47K | $75K | $0 | — | View 990 |
| 2018 | $80K | $63K | $52K | $0 | — | View 990 |
| 2017 | $66K | $68K | $35K | $0 | — | View 990 |
| 2016 | $66K | $75K | $38K | $0 | — | View 990 |
| 2015 | $73K | $71K | $46K | $0 | — | View 990 |
| 2014 | $67K | $57K | $45K | $0 | — | View 990 |
| 2013 | $72K | $59K | $35K | $0 | — | View 990 |
| 2012 | $72K | $65K | $23K | $0 | — | View 990 |
| 2011 | $59K | $46K | $15K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $816K, expenses of $20K, and assets of $864K (revenue +833.8% year-over-year).
- 2022: Revenue of $87K, expenses of $59K, and assets of $105K (revenue +80.6% year-over-year).
- 2021: Revenue of $48K, expenses of $51K, and assets of $77K (revenue -8.6% year-over-year).
- 2020: Revenue of $53K, expenses of $49K, and assets of $79K (revenue -24.6% year-over-year).
- 2019: Revenue of $70K, expenses of $47K, and assets of $75K (revenue -11.8% year-over-year).
- 2018: Revenue of $80K, expenses of $63K, and assets of $52K (revenue +20.2% year-over-year).
- 2017: Revenue of $66K, expenses of $68K, and assets of $35K (revenue +0.2% year-over-year).
- 2016: Revenue of $66K, expenses of $75K, and assets of $38K (revenue -9.1% year-over-year).
- 2015: Revenue of $73K, expenses of $71K, and assets of $46K (revenue +9.1% year-over-year).
- 2014: Revenue of $67K, expenses of $57K, and assets of $45K (revenue -7.0% year-over-year).
- 2013: Revenue of $72K, expenses of $59K, and assets of $35K (revenue -1.0% year-over-year).
- 2012: Revenue of $72K, expenses of $65K, and assets of $23K (revenue +22.6% year-over-year).
- 2011: Revenue of $59K, expenses of $46K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hope Transition Center Inc:
Data Sources and Methodology
This transparency report for New Hope Transition Center 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.