South Georgia House Of Hope Inc
South Georgia House Of Hope Inc shows consistent financial growth and no reported officer compensation over a decade.
EIN: 202620971 · Lake Park, GA · NTEE: F20 · Updated: 2026-03-28
Is South Georgia House Of Hope Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
South Georgia House Of Hope Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About South Georgia House Of Hope Inc
South Georgia House Of Hope Inc (EIN: 202620971) is a nonprofit organization based in Lake Park, GA, classified under NTEE code F20. The organization reported total revenue of $2.1M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of South Georgia House Of Hope Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
South Georgia House Of Hope Inc is a mid-size nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 20.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $861K |
| Total Expenses | $488K |
| Surplus / Deficit | +$372K |
| Total Assets | $798K |
| Total Liabilities | $116K |
| Net Assets | $683K |
| Operating Margin | 43.2% |
| Debt-to-Asset Ratio | 14.5% |
| Months of Reserves | 19.6 months |
Financial Health Grade: A
In 2022, South Georgia House Of Hope Inc reported a surplus of $372K with revenue exceeding expenses, holds 19.6 months of operating reserves (strong position), has a debt-to-asset ratio of 14.5% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), South Georgia House Of Hope Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +35.3% | +7.4% | +82.0% |
| 2021 | +85.1% | +32.3% | +40.9% |
| 2020 | -9.4% | -4.1% | +69.7% |
| 2019 | -16.1% | -11.3% | +14.7% |
| 2018 | +50.4% | +38.4% | +50.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 South Georgia House Of Hope Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, South Georgia House Of Hope Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $372K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation above the IRS reporting threshold, which is highly efficient for an organization that has grown to over $860,000 in annual revenue.
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 South Georgia House Of Hope Inc:
- Consistent and significant revenue growth, from $147,058 in 2013 to $860,522 in 2022.
- Strong asset growth, increasing from $128,127 in 2013 to $798,497 in 2022, indicating increased capacity.
- 0% reported officer compensation across all 12 filings, demonstrating exceptional efficiency in executive spending.
- Consistent positive net income in most years, allowing for reinvestment and asset building.
- Regular and transparent IRS 990 filings over a long period (12 filings).
Frequently Asked Questions about South Georgia House Of Hope Inc
Is South Georgia House Of Hope Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, South Georgia House Of Hope Inc (EIN: 202620971) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does South Georgia House Of Hope Inc spend its money?
South Georgia House Of Hope Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to South Georgia House Of Hope Inc tax-deductible?
South Georgia House Of Hope Inc is registered as a tax-exempt nonprofit (EIN: 202620971). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is South Georgia House Of Hope Inc a good charity?
Based on the provided financial data, South Georgia House Of Hope Inc appears to be a very good charity. It demonstrates strong financial growth, consistent positive net income, and remarkably, 0% reported officer compensation across all filings, suggesting a highly efficient use of funds and a strong focus on its mission.
How has the organization's financial health changed over time?
The organization has shown significant financial growth, with revenue increasing from $147,058 in 2013 to $860,522 in 2022, and assets growing from $128,127 to $798,497 over the same period. This indicates a robust and expanding financial capacity.
What is the organization's approach to executive compensation?
South Georgia House Of Hope Inc has consistently reported 0% officer compensation in all available IRS 990 filings, suggesting that executive leadership is either volunteer-based or compensated below the IRS reporting threshold, which is a strong indicator of financial efficiency.
Filing History
IRS 990 filing history for South Georgia House Of Hope Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), South Georgia House Of Hope Inc's revenue has grown by 705.5%, moving from $107K to $861K. Total assets increased by 587.8% over the same period, from $116K to $798K. Total functional expenses rose by 376.9%, from $102K to $488K. In its most recent filing year (2022), South Georgia House Of Hope Inc reported a surplus of $372K, with revenue exceeding expenses. The organization holds $116K in liabilities against $798K in assets (debt-to-asset ratio: 14.5%), resulting in net assets of $683K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $861K | $488K | $798K | $116K | — | View 990 |
| 2021 | $636K | $455K | $439K | $116K | — | View 990 |
| 2020 | $344K | $344K | $312K | $155K | — | View 990 |
| 2019 | $379K | $358K | $184K | $27K | — | View 990 |
| 2018 | $452K | $404K | $160K | $24K | — | View 990 |
| 2017 | $301K | $292K | $106K | $19K | — | View 990 |
| 2016 | $241K | $263K | $105K | $27K | — | View 990 |
| 2015 | $232K | $219K | $130K | $30K | — | View 990 |
| 2014 | $155K | $154K | $120K | $32K | — | View 990 |
| 2013 | $147K | $127K | $128K | $37K | — | View 990 |
| 2012 | $151K | $137K | $123K | $51K | — | View 990 |
| 2011 | $107K | $102K | $116K | $58K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $861K, expenses of $488K, and assets of $798K (revenue +35.3% year-over-year).
- 2021: Revenue of $636K, expenses of $455K, and assets of $439K (revenue +85.1% year-over-year).
- 2020: Revenue of $344K, expenses of $344K, and assets of $312K (revenue -9.4% year-over-year).
- 2019: Revenue of $379K, expenses of $358K, and assets of $184K (revenue -16.1% year-over-year).
- 2018: Revenue of $452K, expenses of $404K, and assets of $160K (revenue +50.4% year-over-year).
- 2017: Revenue of $301K, expenses of $292K, and assets of $106K (revenue +24.8% year-over-year).
- 2016: Revenue of $241K, expenses of $263K, and assets of $105K (revenue +4.0% year-over-year).
- 2015: Revenue of $232K, expenses of $219K, and assets of $130K (revenue +50.0% year-over-year).
- 2014: Revenue of $155K, expenses of $154K, and assets of $120K (revenue +5.1% year-over-year).
- 2013: Revenue of $147K, expenses of $127K, and assets of $128K (revenue -2.4% year-over-year).
- 2012: Revenue of $151K, expenses of $137K, and assets of $123K (revenue +41.1% year-over-year).
- 2011: Revenue of $107K, expenses of $102K, and assets of $116K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for South Georgia House Of Hope Inc:
Data Sources and Methodology
This transparency report for South Georgia House Of Hope 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.