Sowhope Org
Sowhope Org experiences significant deficit in 2023 after years of revenue growth.
EIN: 141946849 · Rockford, MI · NTEE: P80 · Updated: 2026-03-28
Is Sowhope Org Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sowhope Org directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sowhope Org
Sowhope Org (EIN: 141946849) is a nonprofit organization based in Rockford, MI, classified under NTEE code P80. The organization reported total revenue of $564K and total assets of $557K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sowhope Org's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Sowhope Org with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Sowhope Org allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Sowhope Org consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is a positive sign for minimizing administrative overhead.
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 Sowhope Org's IRS 990 filings:
- Significant deficit in the most recent fiscal year (202312), with expenses ($666,807) far exceeding revenue ($479,496).
- Decrease in assets from $651,585 in 2022 to $476,865 in 2023, indicating a draw on reserves.
Strengths
The following positive indicators were identified for Sowhope Org:
- Consistent history of IRS 990 filings over 12 periods, demonstrating transparency.
- 0% officer compensation reported across all filings, indicating efficient use of funds at the executive level.
- Long-term growth in revenue and assets prior to the 2023 fiscal year, showing historical financial stability.
- Low liabilities relative to assets in most years, suggesting good financial management.
Frequently Asked Questions about Sowhope Org
Is Sowhope Org a legitimate charity?
Based on AI analysis of IRS 990 filings, Sowhope Org (EIN: 141946849) some concerns. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.
How does Sowhope Org spend its money?
Sowhope Org directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Sowhope Org tax-deductible?
Sowhope Org is registered as a tax-exempt nonprofit (EIN: 141946849). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Sowhope Org experiencing a long-term financial decline?
While the 2023 filing shows a significant deficit with expenses exceeding revenue by nearly $187,000, the organization has historically shown revenue growth and positive net income in most years prior to 2023. It's too early to conclude a long-term decline based on one year, but the 2023 performance is a notable concern.
How does Sowhope Org fund its operations given the 0% officer compensation?
The 0% officer compensation suggests that leadership may be volunteer-based or compensated through other means not classified as officer compensation on the 990, or that the organization is very lean in its executive structure. This practice helps direct more funds towards programs.
What caused the substantial increase in expenses in 2023?
The provided data does not detail expense categories. The increase from $593,613 in 2022 to $666,807 in 2023, coupled with a revenue decrease, led to the deficit. A deeper dive into the detailed 990 forms would be needed to identify the specific drivers of this expense increase.
Filing History
IRS 990 filing history for Sowhope Org showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Sowhope Org's revenue has grown by 134.8%, moving from $204K to $479K. Total assets increased by 166.6% over the same period, from $179K to $477K. Total functional expenses rose by 255.6%, from $188K to $667K. In its most recent filing year (2023), Sowhope Org reported a deficit of $187K, with expenses exceeding revenue. The organization holds $27K in liabilities against $477K in assets (debt-to-asset ratio: 5.7%), resulting in net assets of $450K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $479K | $667K | $477K | $27K | — | — |
| 2022 | $574K | $594K | $652K | $14K | — | View 990 |
| 2021 | $550K | $412K | $680K | $23K | — | View 990 |
| 2020 | $463K | $356K | $566K | $48K | — | View 990 |
| 2019 | $418K | $338K | $492K | $80K | — | View 990 |
| 2018 | $416K | $311K | $417K | $79K | — | View 990 |
| 2016 | $320K | $290K | $265K | $7K | — | View 990 |
| 2015 | $336K | $273K | $253K | $24K | — | View 990 |
| 2014 | $271K | $233K | $225K | $50K | — | View 990 |
| 2013 | $204K | $203K | $202K | $64K | — | View 990 |
| 2012 | $263K | $210K | $245K | $108K | — | View 990 |
| 2011 | $204K | $188K | $179K | $96K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $479K, expenses of $667K, and assets of $477K (revenue -16.5% year-over-year).
- 2022: Revenue of $574K, expenses of $594K, and assets of $652K (revenue +4.3% year-over-year).
- 2021: Revenue of $550K, expenses of $412K, and assets of $680K (revenue +19.0% year-over-year).
- 2020: Revenue of $463K, expenses of $356K, and assets of $566K (revenue +10.6% year-over-year).
- 2019: Revenue of $418K, expenses of $338K, and assets of $492K (revenue +0.6% year-over-year).
- 2018: Revenue of $416K, expenses of $311K, and assets of $417K (revenue +30.2% year-over-year).
- 2016: Revenue of $320K, expenses of $290K, and assets of $265K (revenue -4.9% year-over-year).
- 2015: Revenue of $336K, expenses of $273K, and assets of $253K (revenue +24.2% year-over-year).
- 2014: Revenue of $271K, expenses of $233K, and assets of $225K (revenue +32.5% year-over-year).
- 2013: Revenue of $204K, expenses of $203K, and assets of $202K (revenue -22.4% year-over-year).
- 2012: Revenue of $263K, expenses of $210K, and assets of $245K (revenue +28.8% year-over-year).
- 2011: Revenue of $204K, expenses of $188K, and assets of $179K.
Data Sources and Methodology
This transparency report for Sowhope Org 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.