Shamar Hope Haven Residential Treatment Center
EIN: 760595783 · Houston, TX · NTEE: P70
| Metric | Value |
|---|---|
| Total Revenue | $899K |
| Total Expenses | $899K |
| Net Assets | $-739,263 |
Is Shamar Hope Haven Residential Treatment Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Shamar Hope Haven Residential Treatment Center
Shamar Hope Haven Residential Treatment Center (EIN: 760595783) is a nonprofit organization based in Houston, TX, classified under NTEE code P70. The organization reported total revenue of $899K and total assets of $40K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shamar Hope Haven Residential Treatment Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shamar Hope Haven Residential Treatment Center is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $778K |
| Total Expenses | $899K |
| Surplus / Deficit | $-120,231 |
| Total Assets | $48K |
| Total Liabilities | $787K |
| Net Assets | $-739,263 |
| Operating Margin | -15.4% |
| Debt-to-Asset Ratio | 1638.3% |
| Months of Reserves | 0.6 months |
Financial Health Grade: D
In 2023, Shamar Hope Haven Residential Treatment Center reported a deficit of $120K with expenses exceeding revenue, holds 0.6 months of operating reserves (limited), has a debt-to-asset ratio of 1638.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Shamar Hope Haven Residential Treatment Center's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.4% | +1.3% | -27.0% |
| 2022 | -9.5% | -11.4% | -84.5% |
| 2021 | -3.2% | -2.3% | +712.4% |
| 2020 | -20.6% | -10.5% | -1.4% |
| 2019 | +19.4% | +21.6% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Shamar Hope Haven Residential Treatment Center 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 Shamar Hope Haven Residential Treatment Center 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $120K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1638.3%.
Frequently Asked Questions about Shamar Hope Haven Residential Treatment Center
Is Shamar Hope Haven Residential Treatment Center a legitimate charity?
Shamar Hope Haven Residential Treatment Center (EIN: 760595783) is a registered tax-exempt nonprofit based in Texas. It has 13 years of IRS 990 filings on record. Total revenue: $899K. No red flags identified. Financial health grade: D.
How does Shamar Hope Haven Residential Treatment Center spend its money?
Shamar Hope Haven Residential Treatment Center reported $899K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Shamar Hope Haven Residential Treatment Center tax-deductible?
Shamar Hope Haven Residential Treatment Center is registered as a tax-exempt nonprofit (EIN: 760595783). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Shamar Hope Haven Residential Treatment Center located?
Shamar Hope Haven Residential Treatment Center is headquartered in Houston, Texas and files with the IRS under EIN 760595783. It is classified under NTEE code P70.
How many years of IRS 990 filings does Shamar Hope Haven Residential Treatment Center have?
Shamar Hope Haven Residential Treatment Center 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 $899K in total revenue.
Filing History
IRS 990 filing history for Shamar Hope Haven Residential Treatment Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Shamar Hope Haven Residential Treatment Center's revenue has grown by 22.7%, moving from $634K to $778K. Total assets increased by 38.8% over the same period, from $35K to $48K. Total functional expenses rose by 43.3%, from $627K to $899K. In its most recent filing year (2023), Shamar Hope Haven Residential Treatment Center reported a deficit of $120K, with expenses exceeding revenue. The organization holds $787K in liabilities against $48K in assets (debt-to-asset ratio: 1638.3%), resulting in net assets of $-739,263.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $778K | $899K | $48K | $787K | — | — |
| 2022 | $760K | $887K | $66K | $685K | — | View 990 |
| 2021 | $840K | $1.0M | $423K | $1.1M | — | View 990 |
| 2020 | $868K | $1.0M | $52K | $598K | — | View 990 |
| 2019 | $1.1M | $1.1M | $53K | $443K | — | View 990 |
| 2018 | $915K | $941K | $54K | $394K | — | View 990 |
| 2017 | $701K | $704K | $74K | $389K | — | View 990 |
| 2016 | $685K | $738K | $23K | $335K | — | View 990 |
| 2015 | $498K | $574K | $33K | $296K | — | View 990 |
| 2014 | $663K | $713K | $11K | $191K | — | View 990 |
| 2013 | $658K | $704K | $20K | $150K | — | View 990 |
| 2012 | $852K | $862K | $31K | $115K | — | View 990 |
| 2011 | $634K | $627K | $35K | $110K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $778K, expenses of $899K, and assets of $48K (revenue +2.4% year-over-year).
- 2022: Revenue of $760K, expenses of $887K, and assets of $66K (revenue -9.5% year-over-year).
- 2021: Revenue of $840K, expenses of $1.0M, and assets of $423K (revenue -3.2% year-over-year).
- 2020: Revenue of $868K, expenses of $1.0M, and assets of $52K (revenue -20.6% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $53K (revenue +19.4% year-over-year).
- 2018: Revenue of $915K, expenses of $941K, and assets of $54K (revenue +30.5% year-over-year).
- 2017: Revenue of $701K, expenses of $704K, and assets of $74K (revenue +2.4% year-over-year).
- 2016: Revenue of $685K, expenses of $738K, and assets of $23K (revenue +37.6% year-over-year).
- 2015: Revenue of $498K, expenses of $574K, and assets of $33K (revenue -24.9% year-over-year).
- 2014: Revenue of $663K, expenses of $713K, and assets of $11K (revenue +0.7% year-over-year).
- 2013: Revenue of $658K, expenses of $704K, and assets of $20K (revenue -22.7% year-over-year).
- 2012: Revenue of $852K, expenses of $862K, and assets of $31K (revenue +34.3% year-over-year).
- 2011: Revenue of $634K, expenses of $627K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shamar Hope Haven Residential Treatment Center:
Data Sources and Methodology
This transparency report for Shamar Hope Haven Residential Treatment Center 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.