New Hope Water Corporation 125 Johnson Ave
EIN: 820386518 · Lenore, ID · NTEE: Y22
| Metric | Value |
|---|---|
| Total Revenue | $65K |
| Total Expenses | $76K |
| Net Assets | $610K |
Is New Hope Water Corporation 125 Johnson Ave 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 Water Corporation 125 Johnson Ave
New Hope Water Corporation 125 Johnson Ave (EIN: 820386518) is a nonprofit organization based in Lenore, ID, classified under NTEE code Y22. The organization reported total revenue of $65K and total assets of $910K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hope Water Corporation 125 Johnson Ave's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Hope Water Corporation 125 Johnson Ave is a micro nonprofit that has been operating for 15 years, with 3 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $61K |
| Total Expenses | $76K |
| Surplus / Deficit | $-14,835 |
| Total Assets | $929K |
| Total Liabilities | $318K |
| Net Assets | $610K |
| Operating Margin | -24.4% |
| Debt-to-Asset Ratio | 34.3% |
| Months of Reserves | 147.6 months |
Financial Health Grade: B
In 2023, New Hope Water Corporation 125 Johnson Ave reported a deficit of $15K with expenses exceeding revenue, holds 147.6 months of operating reserves (strong position), has a debt-to-asset ratio of 34.3% (moderate leverage).
Financial Trends
Over 3 years of filings (2017–2023), New Hope Water Corporation 125 Johnson Ave's revenue has declined at a compound annual growth rate (CAGR) of -10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.4% | +17.7% | -1.7% |
| 2022 | -48.8% | +1.3% | -11.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Hope Water Corporation 125 Johnson Ave 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 Water Corporation 125 Johnson Ave 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 deficit of $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 34.3%.
Frequently Asked Questions about New Hope Water Corporation 125 Johnson Ave
Is New Hope Water Corporation 125 Johnson Ave a legitimate charity?
Based on AI analysis of IRS 990 filings, New Hope Water Corporation 125 Johnson Ave (EIN: 820386518) insufficient data. 0 red flags identified, 0 strengths noted.
How does New Hope Water Corporation 125 Johnson Ave spend its money?
Detailed spending breakdown data is not yet available for New Hope Water Corporation 125 Johnson Ave. Check back for updated IRS 990 analysis.
Are donations to New Hope Water Corporation 125 Johnson Ave tax-deductible?
New Hope Water Corporation 125 Johnson Ave is registered as a tax-exempt nonprofit (EIN: 820386518). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Hope Water Corporation 125 Johnson Ave located?
New Hope Water Corporation 125 Johnson Ave is headquartered in Lenore, Idaho and files with the IRS under EIN 820386518. It is classified under NTEE code Y22.
How many years of IRS 990 filings does New Hope Water Corporation 125 Johnson Ave have?
New Hope Water Corporation 125 Johnson Ave has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $65K in total revenue.
Filing History
IRS 990 filing history for New Hope Water Corporation 125 Johnson Ave showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2017–2023), New Hope Water Corporation 125 Johnson Ave's revenue has declined by 47%, moving from $115K to $61K. Total assets decreased by 13.4% over the same period, from $1.1M to $929K. Total functional expenses rose by 19.2%, from $63K to $76K. In its most recent filing year (2023), New Hope Water Corporation 125 Johnson Ave reported a deficit of $15K, with expenses exceeding revenue. The organization holds $318K in liabilities against $929K in assets (debt-to-asset ratio: 34.3%), resulting in net assets of $610K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $61K | $76K | $929K | $318K | — | — |
| 2022 | $59K | $64K | $945K | $319K | — | — |
| 2017 | $115K | $63K | $1.1M | $349K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $61K, expenses of $76K, and assets of $929K (revenue +3.4% year-over-year).
- 2022: Revenue of $59K, expenses of $64K, and assets of $945K (revenue -48.8% year-over-year).
- 2017: Revenue of $115K, expenses of $63K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Hope Water Corporation 125 Johnson Ave:
Data Sources and Methodology
This transparency report for New Hope Water Corporation 125 Johnson Ave 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.