Run Hope Work
EIN: 463105659 · Jessup, MD · NTEE: J22
| Metric | Value |
|---|---|
| Total Revenue | $342K |
| Total Expenses | $302K |
| Net Assets | $-120,229 |
Is Run Hope Work Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Run Hope Work
Run Hope Work (EIN: 463105659) is a nonprofit organization based in Jessup, MD, classified under NTEE code J22. The organization reported total revenue of $342K and total assets of $52K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Run Hope Work's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Run Hope Work is a small nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2016–2022). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $163K |
| Total Expenses | $302K |
| Surplus / Deficit | $-138,830 |
| Total Assets | $35K |
| Total Liabilities | $155K |
| Net Assets | $-120,229 |
| Operating Margin | -85.0% |
| Debt-to-Asset Ratio | 441.5% |
| Months of Reserves | 1.4 months |
Financial Health Grade: D
In 2022, Run Hope Work reported a deficit of $139K with expenses exceeding revenue, holds 1.4 months of operating reserves (limited), has a debt-to-asset ratio of 441.5% (high leverage).
Financial Trends
Over 7 years of filings (2016–2022), Run Hope Work's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -29.7% | +83.8% | -84.7% |
| 2021 | +13.8% | -15.5% | +7.4% |
| 2020 | +3.6% | -18.1% | +28.2% |
| 2019 | +28.9% | -11.7% | +3236.6% |
| 2018 | -60.5% | +11.4% | -92.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Run Hope Work 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 Run Hope Work 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $139K, with expenses exceeding revenue.
- Debt-to-asset ratio: 441.5%.
Frequently Asked Questions about Run Hope Work
Is Run Hope Work a legitimate charity?
Based on AI analysis of IRS 990 filings, Run Hope Work (EIN: 463105659) insufficient data. 0 red flags identified, 0 strengths noted.
How does Run Hope Work spend its money?
Detailed spending breakdown data is not yet available for Run Hope Work. Check back for updated IRS 990 analysis.
Are donations to Run Hope Work tax-deductible?
Run Hope Work is registered as a tax-exempt nonprofit (EIN: 463105659). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Run Hope Work located?
Run Hope Work is headquartered in Jessup, Maryland and files with the IRS under EIN 463105659. It is classified under NTEE code J22.
How many years of IRS 990 filings does Run Hope Work have?
Run Hope Work has 7 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 $342K in total revenue.
Filing History
IRS 990 filing history for Run Hope Work showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2022), Run Hope Work's revenue has declined by 1.3%, moving from $166K to $163K. Total assets increased by 742.7% over the same period, from $4K to $35K. Total functional expenses rose by 28.8%, from $235K to $302K. In its most recent filing year (2022), Run Hope Work reported a deficit of $139K, with expenses exceeding revenue. The organization holds $155K in liabilities against $35K in assets (debt-to-asset ratio: 441.5%), resulting in net assets of $-120,229.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $163K | $302K | $35K | $155K | — | View 990 |
| 2021 | $232K | $164K | $230K | $225K | — | View 990 |
| 2020 | $204K | $195K | $214K | $201K | — | — |
| 2019 | $197K | $238K | $167K | $151K | — | View 990 |
| 2018 | $153K | $269K | $5K | $69K | — | View 990 |
| 2017 | $387K | $242K | $68K | $15K | — | View 990 |
| 2016 | $166K | $235K | $4K | $96K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $163K, expenses of $302K, and assets of $35K (revenue -29.7% year-over-year).
- 2021: Revenue of $232K, expenses of $164K, and assets of $230K (revenue +13.8% year-over-year).
- 2020: Revenue of $204K, expenses of $195K, and assets of $214K (revenue +3.6% year-over-year).
- 2019: Revenue of $197K, expenses of $238K, and assets of $167K (revenue +28.9% year-over-year).
- 2018: Revenue of $153K, expenses of $269K, and assets of $5K (revenue -60.5% year-over-year).
- 2017: Revenue of $387K, expenses of $242K, and assets of $68K (revenue +133.7% year-over-year).
- 2016: Revenue of $166K, expenses of $235K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Run Hope Work:
Data Sources and Methodology
This transparency report for Run Hope Work 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.