Raise Hope Foundation
EIN: 272461923 · Fargo, ND · NTEE: F60
| Metric | Value |
|---|---|
| Total Expenses | $2K |
| Net Assets | $-30,663 |
Is Raise Hope Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Raise Hope Foundation
Raise Hope Foundation (EIN: 272461923) is a nonprofit organization based in Fargo, ND, classified under NTEE code F60. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Raise Hope Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Raise Hope Foundation is a micro nonprofit that has been operating for 15 years, with 8 years of IRS 990 filings on record (2009–2016).
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $2K |
| Surplus / Deficit | +$441 |
| Total Assets | $7K |
| Total Liabilities | $37K |
| Net Assets | $-30,663 |
| Operating Margin | 21.1% |
| Debt-to-Asset Ratio | 548.9% |
| Months of Reserves | 49.7 months |
Financial Health Grade: A
In 2016, Raise Hope Foundation reported a surplus of $441 with revenue exceeding expenses, holds 49.7 months of operating reserves (strong position), has a debt-to-asset ratio of 548.9% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -89.0% | -74.8% | +26.6% |
| 2015 | -80.6% | -95.6% | -39.4% |
| 2014 | -25.1% | +8.2% | +68.8% |
| 2013 | +122.5% | +170.7% | -46.9% |
| 2012 | +298.2% | +242.9% | +769.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Raise Hope Foundation 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 Raise Hope Foundation 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $441, with revenue exceeding expenses.
- Debt-to-asset ratio: 548.9%.
Frequently Asked Questions about Raise Hope Foundation
Is Raise Hope Foundation a legitimate charity?
Raise Hope Foundation (EIN: 272461923) is a registered tax-exempt nonprofit based in North Dakota. It has 8 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Raise Hope Foundation spend its money?
Raise Hope Foundation reported its financials in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Raise Hope Foundation tax-deductible?
Raise Hope Foundation is registered as a tax-exempt nonprofit (EIN: 272461923). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Raise Hope Foundation located?
Raise Hope Foundation is headquartered in Fargo, North Dakota and files with the IRS under EIN 272461923. It is classified under NTEE code F60.
How many years of IRS 990 filings does Raise Hope Foundation have?
Raise Hope Foundation has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Raise Hope Foundation showing financial trends over 8 years of public records:
In its most recent filing year (2016), Raise Hope Foundation reported a surplus of $441, with revenue exceeding expenses. The organization holds $37K in liabilities against $7K in assets (debt-to-asset ratio: 548.9%), resulting in net assets of $-30,663.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $2K | $2K | $7K | $37K | — | View 990 |
| 2015 | $19K | $7K | $5K | $37K | — | View 990 |
| 2014 | $98K | $147K | $9K | $53K | — | View 990 |
| 2013 | $131K | $136K | $5K | $0 | — | View 990 |
| 2012 | $59K | $50K | $10K | $0 | — | View 990 |
| 2011 | $15K | $15K | $1K | $0 | — | View 990 |
| 2010 | $8K | $7K | $971 | $0 | — | View 990 |
| 2009 | $0 | $0 | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $2K, expenses of $2K, and assets of $7K (revenue -89.0% year-over-year).
- 2015: Revenue of $19K, expenses of $7K, and assets of $5K (revenue -80.6% year-over-year).
- 2014: Revenue of $98K, expenses of $147K, and assets of $9K (revenue -25.1% year-over-year).
- 2013: Revenue of $131K, expenses of $136K, and assets of $5K (revenue +122.5% year-over-year).
- 2012: Revenue of $59K, expenses of $50K, and assets of $10K (revenue +298.2% year-over-year).
- 2011: Revenue of $15K, expenses of $15K, and assets of $1K (revenue +85.3% year-over-year).
- 2010: Revenue of $8K, expenses of $7K, and assets of $971.
- 2009: Revenue of $0, expenses of $0, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Raise Hope Foundation:
Data Sources and Methodology
This transparency report for Raise Hope Foundation 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.