Point Hope Inc

Point Hope Inc. consistently allocates resources to programs but frequently operates with liabilities exceeding assets.

EIN: 201216129 · Port Orchard, WA · NTEE: S20 · Updated: 2026-03-28

$203KRevenue
$39KAssets
75/100Mission Score (Good)
S20
Point Hope Inc Financial Summary
MetricValue
Total Revenue$203K
Total Expenses$415K
Program Spending85%
Net Assets$-184
Transparency Score75/100

Search Intent Cockpit

Point Hope Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Point Hope Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Point Hope Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $436K and expenses of $415K.

Revenue and Expenses

Point Hope Inc reported $436K in revenue and $415K in expenses, a surplus of $21K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

75/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.

Is Point Hope Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Point Hope Inc Expense Deployment
Program services$353K (85%)

Across stored filings, Point Hope Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Point Hope Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 2 red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade B13 stored filing years
Peer contextCompare with Okanogan Regional HumaneWashington and Community Improvement context

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Point Hope Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Point Hope Inc

Point Hope Inc (EIN: 201216129) is a nonprofit organization based in Port Orchard, WA, classified under NTEE code S20. The organization reported total revenue of $203K and total assets of $39K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Point Hope Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Point 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 -4.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$436K
Total Expenses$415K
Surplus / Deficit+$21K
Total Assets$58K
Total Liabilities$58K
Net Assets$-184
Operating Margin4.8%
Debt-to-Asset Ratio100.3%
Months of Reserves1.7 months

Financial Health Grade: B

In 2023, Point Hope Inc reported a surplus of $21K with revenue exceeding expenses, holds 1.7 months of operating reserves (limited), has a debt-to-asset ratio of 100.3% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Point Hope Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023-13.4%-15.9%+91.5%
2022-15.1%-19.9%-10.5%
2021+13.4%+5.5%-41.6%
2020-23.1%-10.6%-6.3%
2019+29.7%+19.0%+106.3%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Point Hope Inc. demonstrates a consistent commitment to its mission, with program spending typically accounting for a significant portion of its total expenses. For instance, in 2023, with total expenses of $414,879, the organization maintained a strong program efficiency. However, the organization has frequently operated with liabilities exceeding its assets, as seen in 2023 ($58,449 liabilities vs. $58,265 assets) and 2022 ($51,463 liabilities vs. $30,425 assets), indicating potential financial strain or reliance on short-term funding. This trend suggests a need for closer monitoring of its balance sheet health. Despite these financial pressures, Point Hope Inc. maintains good transparency by consistently filing its IRS 990 forms. The absence of reported officer compensation across all available filings is a positive indicator of resource allocation directly to charitable activities rather than executive salaries. The organization's revenue has fluctuated over the years, peaking in 2013 at $764,997 and showing a recent decline from $592,290 in 2021 to $435,733 in 2023, which could impact its operational capacity if not managed effectively. Overall, while the organization exhibits strong program focus and transparency regarding executive compensation, its recurring negative net asset position (liabilities exceeding assets) warrants attention. This financial structure, if persistent, could pose long-term sustainability challenges, despite its otherwise efficient spending on programs.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Point Hope Inc with a Mission Score of 75 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: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Point Hope Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:

$436KTotal Revenue
$415KTotal Expenses
$58KTotal Assets
$58KTotal Liabilities
$-184Net Assets
  • The organization reported a surplus of $21K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 100.3%.

Executive Compensation Analysis

Point Hope Inc. consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is a strong positive for resource allocation directly to programs.

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 Point Hope Inc's IRS 990 filings:

  • Frequent negative net asset position (liabilities exceeding assets), as seen in 2023, 2022, 2021, and 2020.
  • Declining revenue trend in recent years, from $592,290 in 2021 to $435,733 in 2023.

Strengths

The following positive indicators were identified for Point Hope Inc:

  • Consistent reporting of 0% officer compensation, indicating efficient use of funds for programs.
  • Strong program spending efficiency, with a high percentage of expenses directed to charitable activities.
  • Consistent IRS 990 filing history, demonstrating transparency.

Frequently Asked Questions about Point Hope Inc

Is Point Hope Inc a legitimate charity?

Point Hope Inc (EIN: 201216129) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $203K. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does Point Hope Inc spend its money?

Point Hope Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Point Hope Inc tax-deductible?

Point Hope Inc is registered as a tax-exempt nonprofit (EIN: 201216129). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Point Hope Inc's spending goes to programs?

Point Hope Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Point Hope Inc compare to similar nonprofits?

With a transparency score of 75/100 (Good), Point Hope Inc is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Point Hope Inc located?

Point Hope Inc is headquartered in Port Orchard, Washington and files with the IRS under EIN 201216129. It is classified under NTEE code S20.

How many years of IRS 990 filings does Point Hope Inc have?

Point 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 $203K in total revenue.

Why do Point Hope Inc.'s liabilities frequently exceed its assets?

The filings show that in multiple periods, such as 2023 ($58,449 liabilities vs. $58,265 assets) and 2022 ($51,463 liabilities vs. $30,425 assets), the organization's liabilities were greater than its assets. This could indicate reliance on short-term funding, deferred revenue, or operational deficits.

What is the trend in Point Hope Inc.'s revenue over the past few years?

Point Hope Inc.'s revenue has shown a declining trend in recent years, from $592,290 in 2021 to $502,867 in 2022, and further to $435,733 in 2023, after a peak of $764,997 in 2013.

How does Point Hope Inc. manage without paying officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization relies on volunteer leadership, or that executive functions are performed by individuals compensated through other means not classified as officer compensation, or by staff whose salaries are categorized differently within the expense structure.

Filing History

IRS 990 filing history for Point Hope Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Point Hope Inc's revenue has declined by 42.1%, moving from $753K to $436K. Total assets decreased by 49% over the same period, from $114K to $58K. Total functional expenses fell by 55.7%, from $937K to $415K. In its most recent filing year (2023), Point Hope Inc reported a surplus of $21K, with revenue exceeding expenses. The organization holds $58K in liabilities against $58K in assets (debt-to-asset ratio: 100.3%), resulting in net assets of $-184.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $436K $415K $58K $58K
2022 $503K $493K $30K $51K View 990
2021 $592K $616K $34K $64K View 990
2020 $522K $584K $58K $65K
2019 $679K $653K $62K $6K View 990
2018 $524K $549K $30K $0 View 990
2017 $487K $478K $56K $75 View 990
2016 $453K $433K $47K $326 View 990
2015 $434K $438K $30K $3K View 990
2013 $765K $772K $87K $3K View 990
2012 $619K $822K $93K $3K View 990
2011 $684K $486K $312K $19K View 990
2011 $753K $937K $114K $19K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $436K, expenses of $415K, and assets of $58K (revenue -13.4% year-over-year).
  • 2022: Revenue of $503K, expenses of $493K, and assets of $30K (revenue -15.1% year-over-year).
  • 2021: Revenue of $592K, expenses of $616K, and assets of $34K (revenue +13.4% year-over-year).
  • 2020: Revenue of $522K, expenses of $584K, and assets of $58K (revenue -23.1% year-over-year).
  • 2019: Revenue of $679K, expenses of $653K, and assets of $62K (revenue +29.7% year-over-year).
  • 2018: Revenue of $524K, expenses of $549K, and assets of $30K (revenue +7.5% year-over-year).
  • 2017: Revenue of $487K, expenses of $478K, and assets of $56K (revenue +7.6% year-over-year).
  • 2016: Revenue of $453K, expenses of $433K, and assets of $47K (revenue +4.3% year-over-year).
  • 2015: Revenue of $434K, expenses of $438K, and assets of $30K (revenue -43.3% year-over-year).
  • 2013: Revenue of $765K, expenses of $772K, and assets of $87K (revenue +23.5% year-over-year).
  • 2012: Revenue of $619K, expenses of $822K, and assets of $93K (revenue -9.5% year-over-year).
  • 2011: Revenue of $684K, expenses of $486K, and assets of $312K (revenue -9.2% year-over-year).
  • 2011: Revenue of $753K, expenses of $937K, and assets of $114K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Point Hope Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Point 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.

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