One Hope Vision Ministries
EIN: 581996497 · Owasso, OK · NTEE: X21Z
| Metric | Value |
|---|---|
| Total Revenue | $583K |
| Total Expenses | $159K |
| Net Assets | $2.6M |
Is One Hope Vision Ministries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About One Hope Vision Ministries
One Hope Vision Ministries (EIN: 581996497) is a nonprofit organization based in Owasso, OK, classified under NTEE code X21Z. The organization reported total revenue of $583K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of One Hope Vision Ministries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
One Hope Vision Ministries is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $269K |
| Total Expenses | $159K |
| Surplus / Deficit | +$110K |
| Total Assets | $2.8M |
| Total Liabilities | $240K |
| Net Assets | $2.6M |
| Operating Margin | 40.8% |
| Debt-to-Asset Ratio | 8.5% |
| Months of Reserves | 211.9 months |
Financial Health Grade: A
In 2023, One Hope Vision Ministries reported a surplus of $110K with revenue exceeding expenses, holds 211.9 months of operating reserves (strong position), has a debt-to-asset ratio of 8.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), One Hope Vision Ministries's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +76.4% | +8.6% | +40.6% |
| 2022 | -44.5% | -45.0% | -0.4% |
| 2021 | -73.5% | -74.9% | -1.3% |
| 2020 | -21.7% | -16.0% | +30.4% |
| 2019 | +206.7% | +225.7% | +39.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for One Hope Vision Ministries 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 One Hope Vision Ministries 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 $110K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.5%.
Frequently Asked Questions about One Hope Vision Ministries
Is One Hope Vision Ministries a legitimate charity?
Based on AI analysis of IRS 990 filings, One Hope Vision Ministries (EIN: 581996497) insufficient data. 0 red flags identified, 0 strengths noted.
How does One Hope Vision Ministries spend its money?
Detailed spending breakdown data is not yet available for One Hope Vision Ministries. Check back for updated IRS 990 analysis.
Are donations to One Hope Vision Ministries tax-deductible?
One Hope Vision Ministries is registered as a tax-exempt nonprofit (EIN: 581996497). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is One Hope Vision Ministries located?
One Hope Vision Ministries is headquartered in Owasso, Oklahoma and files with the IRS under EIN 581996497. It is classified under NTEE code X21Z.
How many years of IRS 990 filings does One Hope Vision Ministries have?
One Hope Vision Ministries 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 $583K in total revenue.
Filing History
IRS 990 filing history for One Hope Vision Ministries showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), One Hope Vision Ministries's revenue has declined by 18.9%, moving from $332K to $269K. Total assets increased by 133.9% over the same period, from $1.2M to $2.8M. Total functional expenses fell by 50%, from $319K to $159K. In its most recent filing year (2023), One Hope Vision Ministries reported a surplus of $110K, with revenue exceeding expenses. The organization holds $240K in liabilities against $2.8M in assets (debt-to-asset ratio: 8.5%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $269K | $159K | $2.8M | $240K | — | View 990 |
| 2022 | $153K | $147K | $2.0M | $240K | — | View 990 |
| 2021 | $275K | $267K | $2.0M | $254K | — | View 990 |
| 2020 | $1.0M | $1.1M | $2.0M | $354K | — | View 990 |
| 2019 | $1.3M | $1.3M | $1.6M | $567K | — | View 990 |
| 2018 | $433K | $388K | $1.1M | $921K | — | View 990 |
| 2017 | $402K | $346K | $1.0M | $890K | — | View 990 |
| 2016 | $287K | $327K | $1.1M | $1.0M | — | View 990 |
| 2015 | $314K | $308K | $1.1M | $971K | — | View 990 |
| 2014 | $304K | $277K | $1.1M | $928K | — | View 990 |
| 2013 | $254K | $255K | $1.0M | $864K | — | View 990 |
| 2012 | $317K | $315K | $1.0M | $719K | — | View 990 |
| 2011 | $332K | $319K | $1.2M | $959K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $269K, expenses of $159K, and assets of $2.8M (revenue +76.4% year-over-year).
- 2022: Revenue of $153K, expenses of $147K, and assets of $2.0M (revenue -44.5% year-over-year).
- 2021: Revenue of $275K, expenses of $267K, and assets of $2.0M (revenue -73.5% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.1M, and assets of $2.0M (revenue -21.7% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $1.6M (revenue +206.7% year-over-year).
- 2018: Revenue of $433K, expenses of $388K, and assets of $1.1M (revenue +7.7% year-over-year).
- 2017: Revenue of $402K, expenses of $346K, and assets of $1.0M (revenue +39.9% year-over-year).
- 2016: Revenue of $287K, expenses of $327K, and assets of $1.1M (revenue -8.6% year-over-year).
- 2015: Revenue of $314K, expenses of $308K, and assets of $1.1M (revenue +3.2% year-over-year).
- 2014: Revenue of $304K, expenses of $277K, and assets of $1.1M (revenue +19.7% year-over-year).
- 2013: Revenue of $254K, expenses of $255K, and assets of $1.0M (revenue -19.8% year-over-year).
- 2012: Revenue of $317K, expenses of $315K, and assets of $1.0M (revenue -4.7% year-over-year).
- 2011: Revenue of $332K, expenses of $319K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for One Hope Vision Ministries:
Data Sources and Methodology
This transparency report for One Hope Vision Ministries 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.