Portal To Hope
EIN: 43341645 · Salisbury, MA · NTEE: P62
| Metric | Value |
|---|---|
| Total Revenue | $385K |
| Total Expenses | $321K |
| Net Assets | $254K |
Is Portal To Hope Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Portal To Hope
Portal To Hope (EIN: 43341645) is a nonprofit organization based in Salisbury, MA, classified under NTEE code P62. The organization reported total revenue of $385K and total assets of $340K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Portal To Hope's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Portal To Hope is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $370K |
| Total Expenses | $321K |
| Surplus / Deficit | +$49K |
| Total Assets | $254K |
| Net Assets | $254K |
| Operating Margin | 13.2% |
| Months of Reserves | 9.5 months |
Financial Health Grade: A
In 2023, Portal To Hope reported a surplus of $49K with revenue exceeding expenses, holds 9.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Portal To Hope's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.4% | -5.4% | +24.0% |
| 2022 | +22.9% | +14.9% | +51.1% |
| 2021 | -18.6% | -20.0% | +37.5% |
| 2020 | +30.7% | +24.4% | +66.5% |
| 2019 | -3.8% | +3.0% | +36.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Portal To Hope 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 Portal To Hope 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 surplus of $49K, with revenue exceeding expenses.
Frequently Asked Questions about Portal To Hope
Is Portal To Hope a legitimate charity?
Based on AI analysis of IRS 990 filings, Portal To Hope (EIN: 43341645) insufficient data. 0 red flags identified, 0 strengths noted.
How does Portal To Hope spend its money?
Detailed spending breakdown data is not yet available for Portal To Hope. Check back for updated IRS 990 analysis.
Are donations to Portal To Hope tax-deductible?
Portal To Hope is registered as a tax-exempt nonprofit (EIN: 43341645). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Portal To Hope located?
Portal To Hope is headquartered in Salisbury, Massachusetts and files with the IRS under EIN 43341645. It is classified under NTEE code P62.
How many years of IRS 990 filings does Portal To Hope have?
Portal To 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 $385K in total revenue.
Filing History
IRS 990 filing history for Portal To Hope showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Portal To Hope's revenue has grown by 215.3%, moving from $117K to $370K. Total assets increased by 6900.6% over the same period, from $4K to $254K. Total functional expenses rose by 175.5%, from $117K to $321K. In its most recent filing year (2023), Portal To Hope reported a surplus of $49K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $370K | $321K | $254K | $0 | — | View 990 |
| 2022 | $409K | $340K | $205K | $0 | — | — |
| 2021 | $333K | $296K | $135K | $0 | — | View 990 |
| 2020 | $409K | $369K | $99K | $0 | — | — |
| 2019 | $313K | $297K | $59K | $0 | — | View 990 |
| 2018 | $325K | $288K | $43K | $0 | — | View 990 |
| 2017 | $185K | $200K | $6K | $0 | — | View 990 |
| 2016 | $270K | $255K | $22K | $0 | — | View 990 |
| 2015 | $190K | $183K | $7K | $0 | — | View 990 |
| 2014 | $184K | $161K | $22K | $0 | — | View 990 |
| 2013 | $114K | $108K | $6K | $0 | — | View 990 |
| 2012 | $116K | $115K | $5K | $0 | — | View 990 |
| 2011 | $117K | $117K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $370K, expenses of $321K, and assets of $254K (revenue -9.4% year-over-year).
- 2022: Revenue of $409K, expenses of $340K, and assets of $205K (revenue +22.9% year-over-year).
- 2021: Revenue of $333K, expenses of $296K, and assets of $135K (revenue -18.6% year-over-year).
- 2020: Revenue of $409K, expenses of $369K, and assets of $99K (revenue +30.7% year-over-year).
- 2019: Revenue of $313K, expenses of $297K, and assets of $59K (revenue -3.8% year-over-year).
- 2018: Revenue of $325K, expenses of $288K, and assets of $43K (revenue +75.9% year-over-year).
- 2017: Revenue of $185K, expenses of $200K, and assets of $6K (revenue -31.6% year-over-year).
- 2016: Revenue of $270K, expenses of $255K, and assets of $22K (revenue +42.2% year-over-year).
- 2015: Revenue of $190K, expenses of $183K, and assets of $7K (revenue +3.5% year-over-year).
- 2014: Revenue of $184K, expenses of $161K, and assets of $22K (revenue +60.9% year-over-year).
- 2013: Revenue of $114K, expenses of $108K, and assets of $6K (revenue -1.4% year-over-year).
- 2012: Revenue of $116K, expenses of $115K, and assets of $5K (revenue -1.5% year-over-year).
- 2011: Revenue of $117K, expenses of $117K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Portal To Hope:
Data Sources and Methodology
This transparency report for Portal To 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.