Project Hope
Project Hope consistently operates with zero officer compensation and growing assets, demonstrating strong financial management.
EIN: 204902489 · Moscow, ID · NTEE: F20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $44K |
| Total Expenses | $12K |
| Program Spending | 90% |
| Net Assets | $65K |
| Transparency Score | 92/100 |
Is Project Hope Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Project Hope directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Project Hope
Project Hope (EIN: 204902489) is a nonprofit organization based in Moscow, ID, classified under NTEE code F20. The organization reported total revenue of $44K and total assets of $51K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Project Hope's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Project Hope is a micro nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of -5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $19K |
| Total Expenses | $12K |
| Surplus / Deficit | +$7K |
| Total Assets | $65K |
| Net Assets | $65K |
| Operating Margin | 36.6% |
| Months of Reserves | 65.2 months |
Financial Health Grade: A
In 2023, Project Hope reported a surplus of $7K with revenue exceeding expenses, holds 65.2 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2009–2023), Project Hope's revenue has declined at a compound annual growth rate (CAGR) of -5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.5% | +5.7% | +11.9% |
| 2022 | -12.7% | +30.9% | +37.4% |
| 2021 | -37.8% | -82.4% | +108.5% |
| 2020 | -10.4% | +7.6% | +1.0% |
| 2019 | +53.8% | +24.9% | +17.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Project 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Project Hope allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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:
- The organization reported a surplus of $7K, with revenue exceeding expenses.
Executive Compensation Analysis
Project Hope reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated below IRS reporting thresholds, which is highly efficient for an organization of its size.
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.
Strengths
The following positive indicators were identified for Project Hope:
- Zero officer compensation reported across all filings, indicating high efficiency.
- Consistent growth in assets, from $9,965 in 2016 to $65,331 in 2023, demonstrating financial stability.
- Expenses consistently lower than revenue in recent years (e.g., $12,025 expenses vs. $18,961 revenue in 2023), showing strong financial management.
- No reported liabilities in recent filings (2021-2023), indicating a healthy balance sheet.
- Consistent IRS 990 filing history, demonstrating transparency and compliance.
Frequently Asked Questions about Project Hope
Is Project Hope a legitimate charity?
Project Hope (EIN: 204902489) is a registered tax-exempt nonprofit based in Idaho. Our AI analysis gives it a Mission Score of 92/100. It has 11 years of IRS 990 filings on record. Total revenue: $44K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Project Hope spend its money?
Project Hope directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Project Hope tax-deductible?
Project Hope is registered as a tax-exempt nonprofit (EIN: 204902489). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Project Hope compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Project Hope is above average for NTEE category F20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Project Hope located?
Project Hope is headquartered in Moscow, Idaho and files with the IRS under EIN 204902489. It is classified under NTEE code F20.
How many years of IRS 990 filings does Project Hope have?
Project Hope has 11 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 $44K in total revenue.
Is Project Hope a good charity?
Based on its financial data, Project Hope appears to be a very good charity. It demonstrates strong financial health, efficient spending with 0% officer compensation, and a consistent growth in assets, indicating responsible stewardship of donations.
How does Project Hope manage its expenses?
Project Hope manages its expenses very efficiently. In 2023, its expenses were $12,025 against revenues of $18,961, and in 2022, expenses were $11,372 against revenues of $27,270. This consistent trend of spending significantly less than revenue allows for asset growth and financial stability.
What is Project Hope's financial trend?
Project Hope has shown a positive financial trend in recent years. While revenue has fluctuated, the organization has consistently kept expenses well below revenue since 2021, leading to a steady increase in assets from $42,497 in 2021 to $65,331 in 2023, and maintaining zero liabilities.
Filing History
IRS 990 filing history for Project Hope showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2009–2023), Project Hope's revenue has declined by 51.9%, moving from $39K to $19K. Total assets increased by 563% over the same period, from $10K to $65K. Total functional expenses fell by 70.8%, from $41K to $12K. In its most recent filing year (2023), Project Hope reported a surplus of $7K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $19K | $12K | $65K | $0 | — | View 990 |
| 2022 | $27K | $11K | $58K | $0 | — | View 990 |
| 2021 | $31K | $9K | $42K | $0 | — | — |
| 2020 | $50K | $49K | $20K | $424 | — | — |
| 2019 | $56K | $46K | $20K | $972 | — | View 990 |
| 2018 | $36K | $37K | $17K | $8K | — | View 990 |
| 2017 | $37K | $36K | $10K | $613 | — | View 990 |
| 2016 | $48K | $50K | $10K | $1K | — | View 990 |
| 2015 | $26K | $26K | $11K | $0 | — | View 990 |
| 2014 | $29K | $33K | $12K | $0 | — | View 990 |
| 2009 | $39K | $41K | $10K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19K, expenses of $12K, and assets of $65K (revenue -30.5% year-over-year).
- 2022: Revenue of $27K, expenses of $11K, and assets of $58K (revenue -12.7% year-over-year).
- 2021: Revenue of $31K, expenses of $9K, and assets of $42K (revenue -37.8% year-over-year).
- 2020: Revenue of $50K, expenses of $49K, and assets of $20K (revenue -10.4% year-over-year).
- 2019: Revenue of $56K, expenses of $46K, and assets of $20K (revenue +53.8% year-over-year).
- 2018: Revenue of $36K, expenses of $37K, and assets of $17K (revenue -0.4% year-over-year).
- 2017: Revenue of $37K, expenses of $36K, and assets of $10K (revenue -24.0% year-over-year).
- 2016: Revenue of $48K, expenses of $50K, and assets of $10K (revenue +87.7% year-over-year).
- 2015: Revenue of $26K, expenses of $26K, and assets of $11K (revenue -12.0% year-over-year).
- 2014: Revenue of $29K, expenses of $33K, and assets of $12K (revenue -26.1% year-over-year).
- 2009: Revenue of $39K, expenses of $41K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Project Hope:
Data Sources and Methodology
This transparency report for Project 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.