Pattys Hope
EIN: 475606392 · Henrico, VA · NTEE: P40
| Metric | Value |
|---|---|
| Total Revenue | $243K |
| Total Expenses | $97K |
| Net Assets | $112K |
Is Pattys Hope Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pattys Hope
Pattys Hope (EIN: 475606392) is a nonprofit organization based in Henrico, VA, classified under NTEE code P40. The organization reported total revenue of $243K and total assets of $87K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pattys Hope's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pattys Hope is a small nonprofit that has been operating for 11 years, with 5 years of IRS 990 filings on record (2015–2022). Revenue has grown at a compound annual rate of 118.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $102K |
| Total Expenses | $97K |
| Surplus / Deficit | +$5K |
| Total Assets | $112K |
| Net Assets | $112K |
| Operating Margin | 4.8% |
| Months of Reserves | 13.9 months |
Financial Health Grade: A
In 2022, Pattys Hope reported a surplus of $5K with revenue exceeding expenses, holds 13.9 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2015–2022), Pattys Hope's revenue has grown at a compound annual growth rate (CAGR) of 118.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -20.6% | +85.7% | +4.5% |
| 2021 | +98.6% | -11.9% | +241.6% |
| 2020 | -17.2% | -1.8% | +20.3% |
| 2019 | +18036.0% | +14978.0% | +87026.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pattys Hope 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 Pattys Hope 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
Frequently Asked Questions about Pattys Hope
Is Pattys Hope a legitimate charity?
Pattys Hope (EIN: 475606392) is a registered tax-exempt nonprofit based in Virginia. It has 5 years of IRS 990 filings on record. Total revenue: $243K. No red flags identified. Financial health grade: A.
How does Pattys Hope spend its money?
Pattys Hope reported $243K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Pattys Hope tax-deductible?
Pattys Hope is registered as a tax-exempt nonprofit (EIN: 475606392). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pattys Hope located?
Pattys Hope is headquartered in Henrico, Virginia and files with the IRS under EIN 475606392. It is classified under NTEE code P40.
How many years of IRS 990 filings does Pattys Hope have?
Pattys Hope has 5 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 $243K in total revenue.
Filing History
IRS 990 filing history for Pattys Hope showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2015–2022), Pattys Hope's revenue has grown by 23583.3%, moving from $430 to $102K. Total assets increased by 374320% over the same period, from $30 to $112K. Total functional expenses rose by 24142.8%, from $400 to $97K. In its most recent filing year (2022), Pattys Hope reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $102K | $97K | $112K | $0 | — | View 990 |
| 2021 | $128K | $52K | $107K | $0 | — | View 990 |
| 2020 | $65K | $59K | $31K | $0 | — | — |
| 2019 | $78K | $60K | $26K | $0 | — | View 990 |
| 2015 | $430 | $400 | $30 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $102K, expenses of $97K, and assets of $112K (revenue -20.6% year-over-year).
- 2021: Revenue of $128K, expenses of $52K, and assets of $107K (revenue +98.6% year-over-year).
- 2020: Revenue of $65K, expenses of $59K, and assets of $31K (revenue -17.2% year-over-year).
- 2019: Revenue of $78K, expenses of $60K, and assets of $26K (revenue +18036.0% year-over-year).
- 2015: Revenue of $430, expenses of $400, and assets of $30.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pattys Hope:
Data Sources and Methodology
This transparency report for Pattys Hope 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.