Partners Of Hope International
Partners Of Hope International faces significant financial deficits and growing liabilities despite zero officer compensation.
EIN: 201497657 · Lake City, FL · NTEE: Q33 · Updated: 2026-03-28
About Partners Of Hope International
Partners Of Hope International (EIN: 201497657) is a nonprofit organization based in Lake City, FL, classified under NTEE code Q33. The organization reported total revenue of $547K and total assets of $835K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Partners Of Hope International's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Partners Of Hope International with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Partners Of Hope International allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is not drawing salaries, which is highly commendable for an organization of its size with latest revenue of $546,628.
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 Partners Of Hope International's IRS 990 filings:
- Consistent operating deficits (e.g., $628,184 expenses vs. $435,926 revenue in 2023).
- Liabilities significantly exceeding assets ($1,528,621 liabilities vs. $942,002 assets in 2023).
- Rapid increase in liabilities over time (from $61,341 in 2015 to $1,528,621 in 2023).
Strengths
The following positive indicators were identified for Partners Of Hope International:
- Zero officer compensation reported across all filings, indicating strong commitment to mission.
- Consistent filing of IRS 990 forms (13 filings), demonstrating transparency.
- Growth in assets over the long term, from $11,101 in 2014 to $942,002 in 2023, despite recent dips.
Frequently Asked Questions about Partners Of Hope International
Is Partners Of Hope International financially sustainable?
The organization's financial sustainability is a concern, as expenses have consistently exceeded revenue in recent years (e.g., $628,184 expenses vs. $435,926 revenue in 2023), leading to growing liabilities that surpassed assets in 2023 ($1,528,621 liabilities vs. $942,002 assets).
How does Partners Of Hope International manage its liabilities?
The organization's liabilities have significantly increased, reaching $1,528,621 in 2023, which is a substantial rise from $61,341 in 2015. This growth in liabilities, especially when exceeding assets, suggests a need for careful management and a clear plan to address this debt.
What is the trend in the organization's revenue and expenses?
While revenue has fluctuated, it has generally been outpaced by expenses in most recent years. For example, in 2022, revenue was $440,387 while expenses were $494,766, and in 2020, revenue was $253,010 against expenses of $509,455, indicating a consistent operating deficit.
Filing History
IRS 990 filing history for Partners Of Hope International showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Partners Of Hope International's revenue has grown by 99.1%, moving from $219K to $436K. Total functional expenses rose by 181.5%, from $223K to $628K. In its most recent filing year (2023), Partners Of Hope International reported a deficit of $192K, with expenses exceeding revenue. The organization holds $1.5M in liabilities against $942K in assets (debt-to-asset ratio: 162.3%), resulting in net assets of $-586,619.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $436K | $628K | $942K | $1.5M | — | — |
| 2022 | $440K | $495K | $1.3M | $1.6M | — | — |
| 2021 | $385K | $478K | $792K | $1.1M | — | View 990 |
| 2020 | $253K | $509K | $817K | $998K | — | — |
| 2019 | $347K | $464K | $856K | $781K | — | View 990 |
| 2018 | $268K | $373K | $798K | $605K | — | View 990 |
| 2017 | $114K | $165K | $629K | $332K | — | View 990 |
| 2016 | $132K | $159K | $523K | $174K | — | View 990 |
| 2015 | $510K | $103K | $436K | $61K | — | View 990 |
| 2014 | $87K | $99K | $11K | $43K | — | View 990 |
| 2013 | $100K | $103K | $24K | $44K | — | View 990 |
| 2012 | $158K | $139K | $32K | $49K | — | View 990 |
| 2011 | $219K | $223K | $-31,638 | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $436K, expenses of $628K, and assets of $942K (revenue -1.0% year-over-year).
- 2022: Revenue of $440K, expenses of $495K, and assets of $1.3M (revenue +14.3% year-over-year).
- 2021: Revenue of $385K, expenses of $478K, and assets of $792K (revenue +52.3% year-over-year).
- 2020: Revenue of $253K, expenses of $509K, and assets of $817K (revenue -27.0% year-over-year).
- 2019: Revenue of $347K, expenses of $464K, and assets of $856K (revenue +29.1% year-over-year).
- 2018: Revenue of $268K, expenses of $373K, and assets of $798K (revenue +135.0% year-over-year).
- 2017: Revenue of $114K, expenses of $165K, and assets of $629K (revenue -13.4% year-over-year).
- 2016: Revenue of $132K, expenses of $159K, and assets of $523K (revenue -74.1% year-over-year).
- 2015: Revenue of $510K, expenses of $103K, and assets of $436K (revenue +485.9% year-over-year).
- 2014: Revenue of $87K, expenses of $99K, and assets of $11K (revenue -13.3% year-over-year).
- 2013: Revenue of $100K, expenses of $103K, and assets of $24K (revenue -36.3% year-over-year).
- 2012: Revenue of $158K, expenses of $139K, and assets of $32K (revenue -28.0% year-over-year).
- 2011: Revenue of $219K, expenses of $223K, and assets of $-31,638.
Data Sources and Methodology
This transparency report for Partners Of Hope International 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.