Silver State Hope Fund
EIN: 464972833 · Las Vegas, NV · NTEE: E12
| Metric | Value |
|---|---|
| Total Revenue | $516K |
| Total Expenses | $194K |
| Net Assets | $140K |
Is Silver State Hope Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Silver State Hope Fund
Silver State Hope Fund (EIN: 464972833) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code E12. The organization reported total revenue of $516K and total assets of $333K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Silver State Hope Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Silver State Hope Fund is a small nonprofit that has been operating for 12 years, with 3 years of IRS 990 filings on record (2022–2024). Revenue has grown at a compound annual rate of 121.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $134K |
| Total Expenses | $194K |
| Surplus / Deficit | $-59,823 |
| Total Assets | $141K |
| Total Liabilities | $1K |
| Net Assets | $140K |
| Operating Margin | -44.6% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 8.7 months |
Financial Health Grade: B
In 2024, Silver State Hope Fund reported a deficit of $60K with expenses exceeding revenue, holds 8.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 3 years of filings (2022–2024), Silver State Hope Fund's revenue has grown at a compound annual growth rate (CAGR) of 121.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -61.1% | +16.8% | -30.7% |
| 2023 | +1163.5% | +1341.7% | +728.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Silver State Hope Fund 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 Silver State Hope Fund 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $60K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.9%.
Frequently Asked Questions about Silver State Hope Fund
Is Silver State Hope Fund a legitimate charity?
Silver State Hope Fund (EIN: 464972833) is a registered tax-exempt nonprofit based in Nevada. It has 3 years of IRS 990 filings on record. Total revenue: $516K. No red flags identified. Financial health grade: B.
How does Silver State Hope Fund spend its money?
Silver State Hope Fund reported $516K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Silver State Hope Fund tax-deductible?
Silver State Hope Fund is registered as a tax-exempt nonprofit (EIN: 464972833). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Silver State Hope Fund located?
Silver State Hope Fund is headquartered in Las Vegas, Nevada and files with the IRS under EIN 464972833. It is classified under NTEE code E12.
How many years of IRS 990 filings does Silver State Hope Fund have?
Silver State Hope Fund has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $516K in total revenue.
Filing History
IRS 990 filing history for Silver State Hope Fund showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2022–2024), Silver State Hope Fund's revenue has grown by 391.4%, moving from $27K to $134K. Total assets increased by 474% over the same period, from $25K to $141K. Total functional expenses rose by 1584.3%, from $12K to $194K. In its most recent filing year (2024), Silver State Hope Fund reported a deficit of $60K, with expenses exceeding revenue. The organization holds $1K in liabilities against $141K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $140K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $134K | $194K | $141K | $1K | — | — |
| 2023 | $345K | $166K | $203K | $0 | — | View 990 |
| 2022 | $27K | $12K | $25K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $134K, expenses of $194K, and assets of $141K (revenue -61.1% year-over-year).
- 2023: Revenue of $345K, expenses of $166K, and assets of $203K (revenue +1163.5% year-over-year).
- 2022: Revenue of $27K, expenses of $12K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Silver State Hope Fund:
Data Sources and Methodology
This transparency report for Silver State Hope Fund 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.