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

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.

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.

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

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.

Year	Revenue	Expenses	Assets	Liabilities	Officer 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.

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.