Planet Hope Land And Sea
EIN: 61678451 · Deale, MD · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $263K |
| Total Expenses | $258K |
| Net Assets | $46K |
Is Planet Hope Land And Sea Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Planet Hope Land And Sea
Planet Hope Land And Sea (EIN: 61678451) is a nonprofit organization based in Deale, MD, classified under NTEE code O50. The organization reported total revenue of $263K and total assets of $40K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Planet Hope Land And Sea's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Planet Hope Land And Sea is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $245K |
| Total Expenses | $258K |
| Surplus / Deficit | $-12,995 |
| Total Assets | $51K |
| Total Liabilities | $5K |
| Net Assets | $46K |
| Operating Margin | -5.3% |
| Debt-to-Asset Ratio | 9.1% |
| Months of Reserves | 2.4 months |
Financial Health Grade: C
In 2023, Planet Hope Land And Sea reported a deficit of $13K with expenses exceeding revenue, holds 2.4 months of operating reserves (limited), has a debt-to-asset ratio of 9.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Planet Hope Land And Sea's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.6% | -15.6% | -8.9% |
| 2022 | +15.8% | +10.9% | +23.2% |
| 2021 | +24.9% | +36.5% | -5.5% |
| 2020 | -9.5% | -13.6% | +53.4% |
| 2019 | +27.2% | +10.6% | +23.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Planet Hope Land And Sea 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 Planet Hope Land And Sea 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 deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.1%.
Frequently Asked Questions about Planet Hope Land And Sea
Is Planet Hope Land And Sea a legitimate charity?
Planet Hope Land And Sea (EIN: 61678451) is a registered tax-exempt nonprofit based in Maryland. It has 13 years of IRS 990 filings on record. Total revenue: $263K. No red flags identified. Financial health grade: C.
How does Planet Hope Land And Sea spend its money?
Planet Hope Land And Sea reported $263K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Planet Hope Land And Sea tax-deductible?
Planet Hope Land And Sea is registered as a tax-exempt nonprofit (EIN: 61678451). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Planet Hope Land And Sea located?
Planet Hope Land And Sea is headquartered in Deale, Maryland and files with the IRS under EIN 61678451. It is classified under NTEE code O50.
How many years of IRS 990 filings does Planet Hope Land And Sea have?
Planet Hope Land And Sea 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 $263K in total revenue.
Filing History
IRS 990 filing history for Planet Hope Land And Sea showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Planet Hope Land And Sea's revenue has grown by 75.7%, moving from $139K to $245K. Total assets increased by 683.9% over the same period, from $6K to $51K. Total functional expenses rose by 90.3%, from $135K to $258K. In its most recent filing year (2023), Planet Hope Land And Sea reported a deficit of $13K, with expenses exceeding revenue. The organization holds $5K in liabilities against $51K in assets (debt-to-asset ratio: 9.1%), resulting in net assets of $46K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $245K | $258K | $51K | $5K | — | — |
| 2022 | $316K | $306K | $56K | $5K | — | View 990 |
| 2021 | $273K | $276K | $45K | $5K | — | View 990 |
| 2020 | $219K | $202K | $48K | $5K | — | View 990 |
| 2019 | $242K | $234K | $31K | $5K | — | View 990 |
| 2018 | $190K | $211K | $25K | $5K | — | View 990 |
| 2017 | $290K | $270K | $48K | $6K | — | View 990 |
| 2016 | $218K | $209K | $65K | $6K | — | View 990 |
| 2015 | $219K | $204K | $56K | $0 | — | View 990 |
| 2014 | $200K | $200K | $41K | $0 | — | View 990 |
| 2013 | $193K | $192K | $3K | $5K | — | View 990 |
| 2012 | $94K | $99K | $2K | $5K | — | View 990 |
| 2011 | $139K | $135K | $6K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $245K, expenses of $258K, and assets of $51K (revenue -22.6% year-over-year).
- 2022: Revenue of $316K, expenses of $306K, and assets of $56K (revenue +15.8% year-over-year).
- 2021: Revenue of $273K, expenses of $276K, and assets of $45K (revenue +24.9% year-over-year).
- 2020: Revenue of $219K, expenses of $202K, and assets of $48K (revenue -9.5% year-over-year).
- 2019: Revenue of $242K, expenses of $234K, and assets of $31K (revenue +27.2% year-over-year).
- 2018: Revenue of $190K, expenses of $211K, and assets of $25K (revenue -34.4% year-over-year).
- 2017: Revenue of $290K, expenses of $270K, and assets of $48K (revenue +32.7% year-over-year).
- 2016: Revenue of $218K, expenses of $209K, and assets of $65K (revenue -0.4% year-over-year).
- 2015: Revenue of $219K, expenses of $204K, and assets of $56K (revenue +9.7% year-over-year).
- 2014: Revenue of $200K, expenses of $200K, and assets of $41K (revenue +3.4% year-over-year).
- 2013: Revenue of $193K, expenses of $192K, and assets of $3K (revenue +105.3% year-over-year).
- 2012: Revenue of $94K, expenses of $99K, and assets of $2K (revenue -32.5% year-over-year).
- 2011: Revenue of $139K, expenses of $135K, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Planet Hope Land And Sea:
Data Sources and Methodology
This transparency report for Planet Hope Land And Sea 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.