Real Hope For Haiti
Real Hope For Haiti consistently reports 0% officer compensation while managing fluctuating annual revenues and expenses.
EIN: 205603302 · Noblesville, IN · NTEE: Q33 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1,204,883 |
| Net Assets | $939K |
| Transparency Score | 88/100 |
Is Real Hope For Haiti Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Real Hope For Haiti directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Real Hope For Haiti
Real Hope For Haiti (EIN: 205603302) is a nonprofit organization based in Noblesville, IN, classified under NTEE code Q33. The organization reported total revenue of $1.2M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Real Hope For Haiti's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Real Hope For Haiti is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $986K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-111,438 |
| Total Assets | $1.0M |
| Total Liabilities | $65K |
| Net Assets | $939K |
| Operating Margin | -11.3% |
| Debt-to-Asset Ratio | 6.5% |
| Months of Reserves | 11.0 months |
Financial Health Grade: B
In 2023, Real Hope For Haiti reported a deficit of $111K with expenses exceeding revenue, holds 11.0 months of operating reserves (strong position), has a debt-to-asset ratio of 6.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Real Hope For Haiti's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.0% | +7.6% | -6.5% |
| 2022 | -11.8% | +14.9% | +7.7% |
| 2021 | +45.2% | +8.4% | +52.0% |
| 2020 | +10.4% | +6.7% | +8.2% |
| 2019 | +3.8% | +3.5% | +1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Real Hope For Haiti with a Mission Score of 88 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, Real Hope For Haiti 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $111K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer categories, which is highly favorable for a nonprofit of its size (latest revenue $1,204,883).
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 Real Hope For Haiti's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($1,096,942 vs $985,504), 2016 ($762,971 vs $726,663), and 2015 ($806,622 vs $606,064), indicating occasional operating deficits.
- The increase in liabilities from $2,312 in 2022 to $65,370 in 2023 warrants further investigation, though still low relative to assets.
Strengths
The following positive indicators were identified for Real Hope For Haiti:
- Consistent reporting of 0% officer compensation across all 13 filings, indicating efficient use of funds.
- Strong asset base consistently exceeding liabilities, demonstrating financial stability (e.g., $1,004,069 assets vs $65,370 liabilities in 2023).
- Long history of consistent IRS 990 filings (13 filings), indicating strong transparency and accountability.
- Overall growth in revenue and assets over the past decade, suggesting increasing capacity and impact.
Frequently Asked Questions about Real Hope For Haiti
Is Real Hope For Haiti a legitimate charity?
Real Hope For Haiti (EIN: 205603302) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Real Hope For Haiti spend its money?
Real Hope For Haiti directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Real Hope For Haiti tax-deductible?
Real Hope For Haiti is registered as a tax-exempt nonprofit (EIN: 205603302). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Real Hope For Haiti CEO make?
Real Hope For Haiti's highest-compensated officer earns $1,204,883 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Real Hope For Haiti's spending goes to programs?
Real Hope For Haiti directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Real Hope For Haiti compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Real Hope For Haiti is above average for NTEE category Q33 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Real Hope For Haiti located?
Real Hope For Haiti is headquartered in Noblesville, Indiana and files with the IRS under EIN 205603302. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Real Hope For Haiti have?
Real Hope For Haiti 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 $1.2M in total revenue.
Is Real Hope For Haiti a good charity?
Based on the available data, Real Hope For Haiti appears to be a good charity. It demonstrates strong financial transparency with 0% officer compensation reported consistently, and its assets generally exceed liabilities. While there have been periods where expenses exceeded revenue (e.g., 2023, 2016, 2015), the overall trend shows growth and a commitment to its mission.
How does Real Hope For Haiti manage its executive compensation?
Real Hope For Haiti consistently reports 0% officer compensation in its IRS 990 filings. This suggests that its executive leadership either serves on a volunteer basis or is compensated through means not classified as officer compensation, which is a positive indicator of resource allocation towards its mission.
What is the trend in Real Hope For Haiti's financial health?
Real Hope For Haiti has shown growth in both revenue and assets over the past decade. Revenue increased from $606,064 in 2015 to $985,504 in 2023, and assets grew from $635,476 to $1,004,069 in the same period. While there are occasional years where expenses exceed revenue, the overall trend indicates a growing and generally stable financial position.
Are there any concerns about Real Hope For Haiti's liabilities?
Liabilities for Real Hope For Haiti have generally remained low relative to its assets. For instance, in 2023, liabilities were $65,370 against assets of $1,004,069. While the 2023 liability figure is higher than previous years, it remains a small fraction of total assets, indicating a healthy balance sheet.
Filing History
IRS 990 filing history for Real Hope For Haiti showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Real Hope For Haiti's revenue has grown by 26.9%, moving from $777K to $986K. Total assets increased by 41.6% over the same period, from $709K to $1.0M. Total functional expenses rose by 37.1%, from $800K to $1.1M. In its most recent filing year (2023), Real Hope For Haiti reported a deficit of $111K, with expenses exceeding revenue. The organization holds $65K in liabilities against $1.0M in assets (debt-to-asset ratio: 6.5%), resulting in net assets of $939K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $986K | $1.1M | $1.0M | $65K | — | View 990 |
| 2022 | $1.1M | $1.0M | $1.1M | $2K | — | — |
| 2021 | $1.2M | $888K | $997K | $1K | — | View 990 |
| 2020 | $856K | $819K | $656K | $14K | — | View 990 |
| 2019 | $775K | $767K | $606K | $1K | — | View 990 |
| 2018 | $747K | $741K | $597K | $96 | — | View 990 |
| 2017 | $709K | $707K | $597K | $6K | — | View 990 |
| 2016 | $727K | $763K | $596K | $6K | — | View 990 |
| 2015 | $606K | $807K | $635K | $3K | — | View 990 |
| 2014 | $770K | $759K | $834K | $792 | — | View 990 |
| 2013 | $785K | $713K | $837K | $7K | — | View 990 |
| 2012 | $811K | $760K | $760K | $2K | — | View 990 |
| 2011 | $777K | $800K | $709K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $986K, expenses of $1.1M, and assets of $1.0M (revenue -10.0% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.0M, and assets of $1.1M (revenue -11.8% year-over-year).
- 2021: Revenue of $1.2M, expenses of $888K, and assets of $997K (revenue +45.2% year-over-year).
- 2020: Revenue of $856K, expenses of $819K, and assets of $656K (revenue +10.4% year-over-year).
- 2019: Revenue of $775K, expenses of $767K, and assets of $606K (revenue +3.8% year-over-year).
- 2018: Revenue of $747K, expenses of $741K, and assets of $597K (revenue +5.4% year-over-year).
- 2017: Revenue of $709K, expenses of $707K, and assets of $597K (revenue -2.5% year-over-year).
- 2016: Revenue of $727K, expenses of $763K, and assets of $596K (revenue +19.9% year-over-year).
- 2015: Revenue of $606K, expenses of $807K, and assets of $635K (revenue -21.3% year-over-year).
- 2014: Revenue of $770K, expenses of $759K, and assets of $834K (revenue -1.9% year-over-year).
- 2013: Revenue of $785K, expenses of $713K, and assets of $837K (revenue -3.2% year-over-year).
- 2012: Revenue of $811K, expenses of $760K, and assets of $760K (revenue +4.4% year-over-year).
- 2011: Revenue of $777K, expenses of $800K, and assets of $709K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Real Hope For Haiti:
Data Sources and Methodology
This transparency report for Real Hope For Haiti 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.