Outreach For World Hope Inc
Outreach For World Hope Inc consistently operates with volunteer leadership but has recently spent more than it raised.
EIN: 202997559 · Verona, WI · NTEE: Q30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $426K |
| Total Expenses | $441K |
| Program Spending | 80% |
| Net Assets | $461K |
| Transparency Score | 85/100 |
Is Outreach For World Hope Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Outreach For World Hope Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Outreach For World Hope Inc
Outreach For World Hope Inc (EIN: 202997559) is a nonprofit organization based in Verona, WI, classified under NTEE code Q30. The organization reported total revenue of $426K and total assets of $459K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Outreach For World Hope Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Outreach For World Hope Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $384K |
| Total Expenses | $441K |
| Surplus / Deficit | $-57,200 |
| Total Assets | $481K |
| Total Liabilities | $20K |
| Net Assets | $461K |
| Operating Margin | -14.9% |
| Debt-to-Asset Ratio | 4.2% |
| Months of Reserves | 13.1 months |
Financial Health Grade: B
In 2023, Outreach For World Hope Inc reported a deficit of $57K with expenses exceeding revenue, holds 13.1 months of operating reserves (strong position), has a debt-to-asset ratio of 4.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Outreach For World Hope Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.9% | -3.6% | -21.1% |
| 2022 | -1.3% | +52.0% | -6.1% |
| 2021 | +7.2% | +1.5% | +19.1% |
| 2020 | -12.8% | -6.2% | +11.6% |
| 2019 | +6.6% | -15.1% | +34.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Outreach For World Hope Inc with a Mission Score of 85 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: 80%
- fundraising: 10%
According to IRS 990 filings, Outreach For World Hope Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $57K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization. This practice is highly commendable for a nonprofit of its size, ensuring that all funds are directed towards its mission rather than executive salaries.
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 Outreach For World Hope Inc's IRS 990 filings:
- Expenses consistently exceeding revenue in recent years (e.g., $57,200 deficit in 2023, $66,236 deficit in 2022).
Strengths
The following positive indicators were identified for Outreach For World Hope Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
- Long history of IRS 990 filings (13 filings), demonstrating strong transparency.
- Healthy asset-to-liability ratio ($481,409 assets vs. $20,287 liabilities in 2023), indicating good solvency.
- Consistent revenue generation over a decade, showing sustained donor support.
Frequently Asked Questions about Outreach For World Hope Inc
Is Outreach For World Hope Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Outreach For World Hope Inc (EIN: 202997559) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Outreach For World Hope Inc spend its money?
Outreach For World Hope Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Outreach For World Hope Inc tax-deductible?
Outreach For World Hope Inc is registered as a tax-exempt nonprofit (EIN: 202997559). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Outreach For World Hope Inc's spending goes to programs?
Outreach For World Hope Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Outreach For World Hope Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Outreach For World Hope Inc is above average for NTEE category Q30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Outreach For World Hope Inc located?
Outreach For World Hope Inc is headquartered in Verona, Wisconsin and files with the IRS under EIN 202997559. It is classified under NTEE code Q30.
How many years of IRS 990 filings does Outreach For World Hope Inc have?
Outreach For World Hope 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 $426K in total revenue.
Is Outreach For World Hope Inc a good charity?
Based on the available data, Outreach For World Hope Inc appears to be a good charity, particularly due to its volunteer leadership (0% officer compensation) and long history of public financial filings. While it has experienced recent deficits, its strong asset base suggests financial stability.
How does Outreach For World Hope Inc manage its finances given recent deficits?
In 2023, expenses ($441,350) exceeded revenue ($384,150) by $57,200, and similarly in 2022, expenses ($457,833) exceeded revenue ($391,597) by $66,236. The organization likely covers these deficits by drawing from its accumulated assets, which were $481,409 in 2023, indicating a healthy reserve.
What is the trend in Outreach For World Hope Inc's revenue and expenses?
Revenue has fluctuated but generally remained in the $300,000-$400,000 range over the past decade. Expenses have also varied, but in the last two reported periods (2022 and 2023), expenses have consistently outpaced revenue, a shift from earlier periods like 2019-2021 where revenue exceeded expenses.
Filing History
IRS 990 filing history for Outreach For World Hope Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Outreach For World Hope Inc's revenue has grown by 85.7%, moving from $207K to $384K. Total assets increased by 221.2% over the same period, from $150K to $481K. Total functional expenses rose by 101.6%, from $219K to $441K. In its most recent filing year (2023), Outreach For World Hope Inc reported a deficit of $57K, with expenses exceeding revenue. The organization holds $20K in liabilities against $481K in assets (debt-to-asset ratio: 4.2%), resulting in net assets of $461K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $384K | $441K | $481K | $20K | — | — |
| 2022 | $392K | $458K | $610K | $36K | — | View 990 |
| 2021 | $397K | $301K | $650K | $9K | — | View 990 |
| 2020 | $370K | $297K | $545K | $604 | — | View 990 |
| 2019 | $424K | $316K | $489K | $17K | — | View 990 |
| 2018 | $398K | $373K | $364K | $0 | — | View 990 |
| 2017 | $390K | $303K | $338K | $0 | — | — |
| 2016 | $331K | $391K | $251K | $0 | — | View 990 |
| 2015 | $304K | $252K | $311K | $0 | — | View 990 |
| 2014 | $294K | $286K | $258K | $0 | — | View 990 |
| 2013 | $314K | $265K | $250K | $0 | — | View 990 |
| 2012 | $240K | $189K | $201K | $0 | — | View 990 |
| 2011 | $207K | $219K | $150K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $384K, expenses of $441K, and assets of $481K (revenue -1.9% year-over-year).
- 2022: Revenue of $392K, expenses of $458K, and assets of $610K (revenue -1.3% year-over-year).
- 2021: Revenue of $397K, expenses of $301K, and assets of $650K (revenue +7.2% year-over-year).
- 2020: Revenue of $370K, expenses of $297K, and assets of $545K (revenue -12.8% year-over-year).
- 2019: Revenue of $424K, expenses of $316K, and assets of $489K (revenue +6.6% year-over-year).
- 2018: Revenue of $398K, expenses of $373K, and assets of $364K (revenue +2.1% year-over-year).
- 2017: Revenue of $390K, expenses of $303K, and assets of $338K (revenue +17.8% year-over-year).
- 2016: Revenue of $331K, expenses of $391K, and assets of $251K (revenue +8.8% year-over-year).
- 2015: Revenue of $304K, expenses of $252K, and assets of $311K (revenue +3.5% year-over-year).
- 2014: Revenue of $294K, expenses of $286K, and assets of $258K (revenue -6.3% year-over-year).
- 2013: Revenue of $314K, expenses of $265K, and assets of $250K (revenue +30.6% year-over-year).
- 2012: Revenue of $240K, expenses of $189K, and assets of $201K (revenue +16.0% year-over-year).
- 2011: Revenue of $207K, expenses of $219K, and assets of $150K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Outreach For World Hope Inc:
Data Sources and Methodology
This transparency report for Outreach For World Hope 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.