Reaching Above Hopelessness And Brokenness Ministries Inc
Reaching Above Hopelessness And Brokenness Ministries Inc maintains stable assets with 0% officer compensation despite fluctuating revenues.
EIN: 203285531 · Fairlawn, OH · NTEE: X21 · Updated: 2026-03-28
About Reaching Above Hopelessness And Brokenness Ministries Inc
Reaching Above Hopelessness And Brokenness Ministries Inc (EIN: 203285531) is a nonprofit organization based in Fairlawn, OH, classified under NTEE code X21. The organization reported total revenue of $2.0M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reaching Above Hopelessness And Brokenness Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Reaching Above Hopelessness And Brokenness Ministries Inc with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Reaching Above Hopelessness And Brokenness Ministries 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
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership either serves on a volunteer basis or is compensated through non-officer roles, which is highly commendable for a nonprofit of its size, with revenues ranging from $271,608 to over $3.4 million.
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 Reaching Above Hopelessness And Brokenness Ministries Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
- Healthy asset-to-liability ratio, demonstrating strong financial stability (e.g., $1,974,380 assets vs. $121,232 liabilities in 2023).
- Significant revenue generation, indicating strong donor support and program reach (e.g., over $3 million in 2021 and 2022).
- Long filing history (13 filings), suggesting established operations and consistent compliance.
Frequently Asked Questions about Reaching Above Hopelessness And Brokenness Ministries Inc
Is Reaching Above Hopelessness And Brokenness Ministries Inc a good charity?
Based on the available data, the organization appears to be a good charity. It consistently reports 0% officer compensation, maintains a healthy asset-to-liability ratio, and has a history of significant revenue generation, suggesting strong donor support. Its financial stability and apparent dedication to its mission without high executive salaries are positive indicators.
How has the organization's revenue trended in recent years?
The organization's revenue has fluctuated, peaking at $3,403,692 in 2021 and then decreasing to $2,186,325 in 2023. Despite this, the 2023 revenue is still substantial and higher than earlier years like 2018 ($1,559,298).
What is the organization's financial stability?
The organization demonstrates good financial stability. Its assets have consistently exceeded liabilities across all reported periods, for example, $1,974,380 in assets versus $121,232 in liabilities in 2023, indicating a strong financial cushion.
Filing History
IRS 990 filing history for Reaching Above Hopelessness And Brokenness Ministries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Reaching Above Hopelessness And Brokenness Ministries Inc's revenue has grown by 2311.4%, moving from $91K to $2.2M. Total assets increased by 2636.8% over the same period, from $72K to $2.0M. Total functional expenses rose by 2890.3%, from $77K to $2.3M. In its most recent filing year (2023), Reaching Above Hopelessness And Brokenness Ministries Inc reported a deficit of $122K, with expenses exceeding revenue. The organization holds $121K in liabilities against $2.0M in assets (debt-to-asset ratio: 6.1%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.3M | $2.0M | $121K | — | — |
| 2022 | $3.0M | $3.2M | $2.1M | $152K | — | View 990 |
| 2021 | $3.4M | $3.5M | $2.3M | $104K | — | View 990 |
| 2020 | $2.7M | $3.0M | $2.0M | $112K | — | View 990 |
| 2019 | $2.8M | $2.5M | $2.3M | $75K | — | View 990 |
| 2018 | $1.6M | $1.0M | $2.0M | $57K | — | View 990 |
| 2017 | $1.1M | $689K | $1.3M | $5K | — | View 990 |
| 2016 | $609K | $494K | $946K | $39K | — | View 990 |
| 2015 | $272K | $394K | $782K | $0 | — | View 990 |
| 2014 | $618K | $204K | $896K | $21 | — | View 990 |
| 2013 | $493K | $382K | $514K | $20 | — | View 990 |
| 2012 | $415K | $85K | $403K | $0 | — | View 990 |
| 2011 | $91K | $77K | $72K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.3M, and assets of $2.0M (revenue -27.2% year-over-year).
- 2022: Revenue of $3.0M, expenses of $3.2M, and assets of $2.1M (revenue -11.8% year-over-year).
- 2021: Revenue of $3.4M, expenses of $3.5M, and assets of $2.3M (revenue +28.0% year-over-year).
- 2020: Revenue of $2.7M, expenses of $3.0M, and assets of $2.0M (revenue -4.7% year-over-year).
- 2019: Revenue of $2.8M, expenses of $2.5M, and assets of $2.3M (revenue +78.9% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.0M, and assets of $2.0M (revenue +40.3% year-over-year).
- 2017: Revenue of $1.1M, expenses of $689K, and assets of $1.3M (revenue +82.4% year-over-year).
- 2016: Revenue of $609K, expenses of $494K, and assets of $946K (revenue +124.3% year-over-year).
- 2015: Revenue of $272K, expenses of $394K, and assets of $782K (revenue -56.1% year-over-year).
- 2014: Revenue of $618K, expenses of $204K, and assets of $896K (revenue +25.4% year-over-year).
- 2013: Revenue of $493K, expenses of $382K, and assets of $514K (revenue +18.8% year-over-year).
- 2012: Revenue of $415K, expenses of $85K, and assets of $403K (revenue +357.8% year-over-year).
- 2011: Revenue of $91K, expenses of $77K, and assets of $72K.
Data Sources and Methodology
This transparency report for Reaching Above Hopelessness And Brokenness Ministries 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.