Polk County House Of Hope
Polk County House Of Hope maintains stable assets and reports zero officer compensation across all filings.
EIN: 202426214 · Bolivar, MO · NTEE: I70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $877K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $932K |
| Transparency Score | 92/100 |
Is Polk County House Of Hope Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Polk County House Of Hope directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Polk County House Of Hope
Polk County House Of Hope (EIN: 202426214) is a nonprofit organization based in Bolivar, MO, classified under NTEE code I70. The organization reported total revenue of $1.1M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Polk County House Of Hope's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Polk County House Of Hope is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 6.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $792K |
| Total Expenses | $877K |
| Surplus / Deficit | $-85,393 |
| Total Assets | $932K |
| Net Assets | $932K |
| Operating Margin | -10.8% |
| Months of Reserves | 12.7 months |
Financial Health Grade: B
In 2024, Polk County House Of Hope reported a deficit of $85K with expenses exceeding revenue, holds 12.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Polk County House Of Hope's revenue has grown at a compound annual growth rate (CAGR) of 6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -1.1% | -1.9% | -8.7% |
| 2023 | -17.7% | +41.7% | +17.6% |
| 2022 | +72.8% | -4.3% | -25.1% |
| 2021 | -31.0% | +5.4% | +24.3% |
| 2020 | +7.0% | -13.6% | +27.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Polk County House Of Hope with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Polk County House Of Hope allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $85K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all 13 filings, indicating that no officers received compensation or that compensation is not reported in this section. This suggests a highly volunteer-driven leadership or a very efficient use of funds, especially for an organization with over $1 million in latest revenue.
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 Polk County House Of Hope's IRS 990 filings:
- Periods of expenses exceeding revenue (e.g., 202406, 202306) could warrant closer monitoring if it becomes a sustained trend without corresponding asset growth.
Strengths
The following positive indicators were identified for Polk County House Of Hope:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency and potentially volunteer-driven leadership.
- Strong asset base ($1,211,499 latest) consistently exceeding liabilities, demonstrating financial health.
- Zero reported liabilities in recent periods (202406, 202306, 202206), indicating excellent financial management.
- Long filing history (13 filings) demonstrates commitment to transparency and regulatory compliance.
- Significant revenue generation, with latest revenue at $1,064,541, showing strong community support.
Frequently Asked Questions about Polk County House Of Hope
Is Polk County House Of Hope a legitimate charity?
Based on AI analysis of IRS 990 filings, Polk County House Of Hope (EIN: 202426214) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Polk County House Of Hope spend its money?
Polk County House Of Hope directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Polk County House Of Hope tax-deductible?
Polk County House Of Hope is registered as a tax-exempt nonprofit (EIN: 202426214). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Polk County House Of Hope CEO make?
Polk County House Of Hope's highest-compensated officer earns $1 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Polk County House Of Hope's spending goes to programs?
Polk County House Of Hope directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Polk County House Of Hope compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Polk County House Of Hope is above average for NTEE category I70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Polk County House Of Hope located?
Polk County House Of Hope is headquartered in Bolivar, Missouri and files with the IRS under EIN 202426214. It is classified under NTEE code I70.
How many years of IRS 990 filings does Polk County House Of Hope have?
Polk County House Of Hope 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 $1.1M in total revenue.
Is Polk County House Of Hope financially stable?
Yes, Polk County House Of Hope appears financially stable. Its assets consistently exceed liabilities, with $1,211,499 in assets and $0 liabilities reported in recent periods (202406, 202306, 202206), indicating a strong balance sheet.
How efficient is Polk County House Of Hope's spending?
The organization demonstrates high spending efficiency, particularly with 0% officer compensation reported across all filings. This suggests a significant portion of funds is directed towards programs, minimizing overhead.
Does Polk County House Of Hope have high administrative costs?
Based on the 0% officer compensation and generally stable financial health, it is unlikely that Polk County House Of Hope has high administrative costs. The lack of reported officer compensation is a strong indicator of efficient overhead management.
What is the trend in Polk County House Of Hope's revenue?
Polk County House Of Hope's revenue has fluctuated over the years, ranging from $486,200 in 201506 to $980,891 in 201806, with the latest reported revenue at $1,064,541. While not consistently increasing, it shows a capacity for significant fundraising.
Are there any red flags regarding executive compensation?
No, there are no red flags regarding executive compensation. The consistent reporting of 0% officer compensation across all 13 filings is a positive indicator of financial stewardship.
Filing History
IRS 990 filing history for Polk County House Of Hope showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Polk County House Of Hope's revenue has grown by 101.3%, moving from $393K to $792K. Total assets increased by 290.2% over the same period, from $239K to $932K. Total functional expenses rose by 100.3%, from $438K to $877K. In its most recent filing year (2024), Polk County House Of Hope reported a deficit of $85K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $792K | $877K | $932K | $0 | — | View 990 |
| 2023 | $800K | $894K | $1.0M | $0 | — | — |
| 2022 | $972K | $631K | $868K | $0 | — | View 990 |
| 2021 | $563K | $659K | $1.2M | $106K | — | View 990 |
| 2020 | $815K | $625K | $932K | $168K | — | View 990 |
| 2019 | $762K | $724K | $729K | $63K | — | View 990 |
| 2018 | $981K | $862K | $281K | $3K | — | View 990 |
| 2017 | $686K | $658K | $212K | $54K | — | View 990 |
| 2016 | $526K | $591K | $208K | $77K | — | View 990 |
| 2015 | $486K | $474K | $276K | $80K | — | View 990 |
| 2014 | $456K | $447K | $256K | $72K | — | View 990 |
| 2013 | $452K | $431K | $254K | $78K | — | View 990 |
| 2012 | $393K | $438K | $239K | $85K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $792K, expenses of $877K, and assets of $932K (revenue -1.1% year-over-year).
- 2023: Revenue of $800K, expenses of $894K, and assets of $1.0M (revenue -17.7% year-over-year).
- 2022: Revenue of $972K, expenses of $631K, and assets of $868K (revenue +72.8% year-over-year).
- 2021: Revenue of $563K, expenses of $659K, and assets of $1.2M (revenue -31.0% year-over-year).
- 2020: Revenue of $815K, expenses of $625K, and assets of $932K (revenue +7.0% year-over-year).
- 2019: Revenue of $762K, expenses of $724K, and assets of $729K (revenue -22.3% year-over-year).
- 2018: Revenue of $981K, expenses of $862K, and assets of $281K (revenue +43.0% year-over-year).
- 2017: Revenue of $686K, expenses of $658K, and assets of $212K (revenue +30.5% year-over-year).
- 2016: Revenue of $526K, expenses of $591K, and assets of $208K (revenue +8.2% year-over-year).
- 2015: Revenue of $486K, expenses of $474K, and assets of $276K (revenue +6.7% year-over-year).
- 2014: Revenue of $456K, expenses of $447K, and assets of $256K (revenue +0.8% year-over-year).
- 2013: Revenue of $452K, expenses of $431K, and assets of $254K (revenue +15.0% year-over-year).
- 2012: Revenue of $393K, expenses of $438K, and assets of $239K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Polk County House Of Hope:
Data Sources and Methodology
This transparency report for Polk County House Of 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.