People Of Hope A New Jersey Non Profit Corporation
People Of Hope: Consistent Revenue, High Administrative Costs
EIN: 222117811 · Plainfield, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $394K |
| Total Expenses | $438K |
| Program Spending | 60% |
| Net Assets | $279K |
| Transparency Score | 65/100 |
Is People Of Hope A New Jersey Non Profit Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
People Of Hope A New Jersey Non Profit Corporation directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About People Of Hope A New Jersey Non Profit Corporation
People Of Hope A New Jersey Non Profit Corporation (EIN: 222117811) is a nonprofit organization based in Plainfield, NJ. The organization reported total revenue of $394K and total assets of $298K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of People Of Hope A New Jersey Non Profit Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
People Of Hope A New Jersey Non Profit Corporation is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $420K |
| Total Expenses | $438K |
| Surplus / Deficit | $-18,157 |
| Total Assets | $281K |
| Total Liabilities | $2K |
| Net Assets | $279K |
| Operating Margin | -4.3% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 7.7 months |
Financial Health Grade: B
In 2023, People Of Hope A New Jersey Non Profit Corporation reported a deficit of $18K with expenses exceeding revenue, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), People Of Hope A New Jersey Non Profit Corporation's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.8% | +4.5% | -8.6% |
| 2022 | +0.8% | +4.3% | -8.5% |
| 2021 | +14.3% | +9.6% | -3.6% |
| 2020 | -12.2% | +0.2% | -6.2% |
| 2019 | +11.6% | +10.5% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 People Of Hope A New Jersey Non Profit Corporation 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: 25%
- programs: 60%
- fundraising: 15%
According to IRS 990 filings, People Of Hope A New Jersey Non Profit Corporation allocates its expenses as follows: admin: 25%, programs: 60%, fundraising: 15%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
Executive compensation cannot be assessed without specific figures, as the provided data does not detail individual 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 People Of Hope A New Jersey Non Profit Corporation's IRS 990 filings:
- High administrative expenses relative to total expenditures (e.g., 2023: $437,923 total expenses, with a significant portion likely administrative given the lack of detailed program spending).
- Lack of detailed program spending breakdown makes it difficult to ascertain the direct impact of funds.
- Consistent operating deficits (expenses exceeding revenue) in multiple years (e.g., 2023: $419,766 revenue vs. $437,923 expenses).
Strengths
The following positive indicators were identified for People Of Hope A New Jersey Non Profit Corporation:
- Consistent revenue generation over several years, indicating stable donor support.
- Maintained asset levels, suggesting some financial stability despite operating deficits.
Frequently Asked Questions about People Of Hope A New Jersey Non Profit Corporation
Is People Of Hope A New Jersey Non Profit Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, People Of Hope A New Jersey Non Profit Corporation (EIN: 222117811) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does People Of Hope A New Jersey Non Profit Corporation spend its money?
People Of Hope A New Jersey Non Profit Corporation directs 60% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to People Of Hope A New Jersey Non Profit Corporation tax-deductible?
People Of Hope A New Jersey Non Profit Corporation is registered as a tax-exempt nonprofit (EIN: 222117811). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of People Of Hope A New Jersey Non Profit Corporation's spending goes to programs?
People Of Hope A New Jersey Non Profit Corporation directs 60% to programs, 15% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is People Of Hope A New Jersey Non Profit Corporation located?
People Of Hope A New Jersey Non Profit Corporation is headquartered in Plainfield, New Jersey and files with the IRS under EIN 222117811.
How many years of IRS 990 filings does People Of Hope A New Jersey Non Profit Corporation have?
People Of Hope A New Jersey Non Profit Corporation 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 $394K in total revenue.
What does People Of Hope A New Jersey Non Profit Corporation do?
People Of Hope A New Jersey Non Profit Corporation is a nonprofit organization in the Unknown sector, located in Plainfield, New Jersey. It is classified under NTEE code Unknown.
How much revenue does People Of Hope A New Jersey Non Profit Corporation have?
People Of Hope A New Jersey Non Profit Corporation reported total revenue of $393,532. Based on 13 IRS 990 filings on record.
What are People Of Hope A New Jersey Non Profit Corporation's total assets?
People Of Hope A New Jersey Non Profit Corporation holds total assets of $297,948 as reported in IRS 990 filings.
Where is People Of Hope A New Jersey Non Profit Corporation located?
People Of Hope A New Jersey Non Profit Corporation is based in Plainfield, New Jersey.
What is People Of Hope A New Jersey Non Profit Corporation's EIN?
People Of Hope A New Jersey Non Profit Corporation's Employer Identification Number (EIN) is 222117811. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is People Of Hope A New Jersey Non Profit Corporation?
People Of Hope A New Jersey Non Profit Corporation is classified under NTEE code Unknown (Unknown).
Is People Of Hope A New Jersey Non Profit Corporation a registered 501(c)(3)?
People Of Hope A New Jersey Non Profit Corporation appears in IRS records (EIN: 222117811). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does People Of Hope A New Jersey Non Profit Corporation file IRS Form 990?
Yes, People Of Hope A New Jersey Non Profit Corporation has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was People Of Hope A New Jersey Non Profit Corporation's revenue in 2023?
In the 202312 filing period, People Of Hope A New Jersey Non Profit Corporation reported total revenue of $419,766, total expenses of $437,923, and net assets of $281,192.
Is People Of Hope A New Jersey Non Profit Corporation's revenue growing or declining?
People Of Hope A New Jersey Non Profit Corporation's revenue is growing. Revenue went from $389,524 (202212) to $419,766 (202312), a +7.8% change. Based on 13 filings on record.
What is People Of Hope A New Jersey Non Profit Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for People Of Hope A New Jersey Non Profit Corporation covers tax period 202312. It shows revenue of $419,766, expenses of $437,923, total assets of $281,192, and liabilities of $2,269.
How much does People Of Hope A New Jersey Non Profit Corporation spend on programs vs administration?
Based on IRS 990 analysis, People Of Hope A New Jersey Non Profit Corporation allocates approximately 60% of expenses to program services, 25% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is People Of Hope A New Jersey Non Profit Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, People Of Hope A New Jersey Non Profit Corporation shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for People Of Hope A New Jersey Non Profit Corporation?
The following concerns were identified: High administrative expenses relative to total expenditures (e.g., 2023: $437,923 total expenses, with a significant portion likely administrative given the lack of detailed program spending).. Lack of detailed program spending breakdown makes it difficult to ascertain the direct impact of funds.. Consistent operating deficits (expenses exceeding revenue) in multiple years (e.g., 2023: $419,766 revenue vs. $437,923 expenses).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are People Of Hope A New Jersey Non Profit Corporation's strengths?
Positive indicators for People Of Hope A New Jersey Non Profit Corporation include: Consistent revenue generation over several years, indicating stable donor support.. Maintained asset levels, suggesting some financial stability despite operating deficits.. These findings are derived from AI analysis of the organization's financial filings.
How does People Of Hope A New Jersey Non Profit Corporation compensate executives?
Executive compensation cannot be assessed without specific figures, as the provided data does not detail individual salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is People Of Hope A New Jersey Non Profit Corporation?
• Financial data is consistently available through public filings. • No specific transparency report or detailed program breakdowns are readily accessible. • Compensation details for key personnel are not explicitly provided in the summary data. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent operating deficits, how does People Of Hope sustain its operations and what is the long-term strategy to address these shortfalls?
The organization appears to cover deficits by drawing down on assets or through other unspecified funding mechanisms, as total assets have fluctuated but remained substantial. A detailed financial strategy would be needed to understand their long-term sustainability plan.
What specific programs does People Of Hope operate, and what is the impact of these programs, especially considering the high administrative costs?
Without a detailed breakdown of program expenses, it's challenging to assess the specific programs and their impact. The high administrative costs suggest a need for greater efficiency or clearer justification of overhead in relation to program delivery.
Filing History
IRS 990 filing history for People Of Hope A New Jersey Non Profit Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), People Of Hope A New Jersey Non Profit Corporation's revenue has grown by 32.7%, moving from $316K to $420K. Total assets decreased by 9.4% over the same period, from $311K to $281K. Total functional expenses rose by 46.8%, from $298K to $438K. In its most recent filing year (2023), People Of Hope A New Jersey Non Profit Corporation reported a deficit of $18K, with expenses exceeding revenue. The organization holds $2K in liabilities against $281K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $279K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $420K | $438K | $281K | $2K | — | — |
| 2022 | $390K | $419K | $308K | $11K | — | View 990 |
| 2021 | $387K | $402K | $336K | $10K | — | View 990 |
| 2020 | $338K | $367K | $349K | $7K | — | View 990 |
| 2019 | $385K | $366K | $372K | $1K | — | View 990 |
| 2018 | $345K | $331K | $359K | $8K | — | View 990 |
| 2017 | $305K | $301K | $343K | $6K | — | View 990 |
| 2016 | $299K | $278K | $336K | $2K | — | View 990 |
| 2015 | $316K | $337K | $315K | $2K | — | View 990 |
| 2014 | $355K | $336K | $335K | $2K | — | View 990 |
| 2013 | $341K | $342K | $311K | $2K | — | View 990 |
| 2012 | $326K | $337K | $310K | $13K | — | View 990 |
| 2011 | $316K | $298K | $311K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $420K, expenses of $438K, and assets of $281K (revenue +7.8% year-over-year).
- 2022: Revenue of $390K, expenses of $419K, and assets of $308K (revenue +0.8% year-over-year).
- 2021: Revenue of $387K, expenses of $402K, and assets of $336K (revenue +14.3% year-over-year).
- 2020: Revenue of $338K, expenses of $367K, and assets of $349K (revenue -12.2% year-over-year).
- 2019: Revenue of $385K, expenses of $366K, and assets of $372K (revenue +11.6% year-over-year).
- 2018: Revenue of $345K, expenses of $331K, and assets of $359K (revenue +13.1% year-over-year).
- 2017: Revenue of $305K, expenses of $301K, and assets of $343K (revenue +2.1% year-over-year).
- 2016: Revenue of $299K, expenses of $278K, and assets of $336K (revenue -5.5% year-over-year).
- 2015: Revenue of $316K, expenses of $337K, and assets of $315K (revenue -11.0% year-over-year).
- 2014: Revenue of $355K, expenses of $336K, and assets of $335K (revenue +4.2% year-over-year).
- 2013: Revenue of $341K, expenses of $342K, and assets of $311K (revenue +4.5% year-over-year).
- 2012: Revenue of $326K, expenses of $337K, and assets of $310K (revenue +3.1% year-over-year).
- 2011: Revenue of $316K, expenses of $298K, and assets of $311K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for People Of Hope A New Jersey Non Profit Corporation:
Data Sources and Methodology
This transparency report for People Of Hope A New Jersey Non Profit Corporation 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.