Special Hope Network
EIN: 263933134 · Charlottesvle, VA · NTEE: P82
| Metric | Value |
|---|---|
| Total Revenue | $679K |
| Total Expenses | $745K |
| Net Assets | $243K |
Is Special Hope Network Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Special Hope Network
Special Hope Network (EIN: 263933134) is a nonprofit organization based in Charlottesvle, VA, classified under NTEE code P82. The organization reported total revenue of $679K and total assets of $343K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Special Hope Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Special Hope Network is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $684K |
| Total Expenses | $745K |
| Surplus / Deficit | $-60,889 |
| Total Assets | $243K |
| Total Liabilities | $541 |
| Net Assets | $243K |
| Operating Margin | -8.9% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 3.9 months |
Financial Health Grade: B
In 2023, Special Hope Network reported a deficit of $61K with expenses exceeding revenue, holds 3.9 months of operating reserves (adequate), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Special Hope Network's revenue has grown at a compound annual growth rate (CAGR) of 14.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.1% | +10.2% | -20.2% |
| 2022 | -1.1% | +40.5% | -12.0% |
| 2021 | +26.2% | +17.6% | +94.6% |
| 2020 | +27.2% | -9.6% | +133.2% |
| 2019 | +8.9% | +20.1% | -40.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Special Hope Network 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 Special Hope Network 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 $61K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Special Hope Network
Is Special Hope Network a legitimate charity?
Based on AI analysis of IRS 990 filings, Special Hope Network (EIN: 263933134) insufficient data. 0 red flags identified, 0 strengths noted.
How does Special Hope Network spend its money?
Detailed spending breakdown data is not yet available for Special Hope Network. Check back for updated IRS 990 analysis.
Are donations to Special Hope Network tax-deductible?
Special Hope Network is registered as a tax-exempt nonprofit (EIN: 263933134). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Special Hope Network located?
Special Hope Network is headquartered in Charlottesvle, Virginia and files with the IRS under EIN 263933134. It is classified under NTEE code P82.
How many years of IRS 990 filings does Special Hope Network have?
Special Hope Network 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 $679K in total revenue.
Filing History
IRS 990 filing history for Special Hope Network showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Special Hope Network's revenue has grown by 406%, moving from $135K to $684K. Total assets increased by 606.8% over the same period, from $34K to $243K. Total functional expenses rose by 294.4%, from $189K to $745K. In its most recent filing year (2023), Special Hope Network reported a deficit of $61K, with expenses exceeding revenue. The organization holds $541 in liabilities against $243K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $243K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $684K | $745K | $243K | $541 | — | — |
| 2022 | $638K | $676K | $305K | $1K | — | View 990 |
| 2021 | $645K | $481K | $347K | $9K | — | View 990 |
| 2020 | $511K | $409K | $178K | $4K | — | — |
| 2019 | $402K | $452K | $76K | $5K | — | View 990 |
| 2018 | $369K | $377K | $128K | $7K | — | View 990 |
| 2017 | $303K | $288K | $132K | $2K | — | View 990 |
| 2016 | $275K | $253K | $116K | $2K | — | View 990 |
| 2015 | $235K | $244K | $93K | $2K | — | View 990 |
| 2014 | $249K | $266K | $91K | $2K | — | View 990 |
| 2013 | $266K | $231K | $107K | $1K | — | View 990 |
| 2012 | $198K | $160K | $72K | $1K | — | View 990 |
| 2011 | $135K | $189K | $34K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $684K, expenses of $745K, and assets of $243K (revenue +7.1% year-over-year).
- 2022: Revenue of $638K, expenses of $676K, and assets of $305K (revenue -1.1% year-over-year).
- 2021: Revenue of $645K, expenses of $481K, and assets of $347K (revenue +26.2% year-over-year).
- 2020: Revenue of $511K, expenses of $409K, and assets of $178K (revenue +27.2% year-over-year).
- 2019: Revenue of $402K, expenses of $452K, and assets of $76K (revenue +8.9% year-over-year).
- 2018: Revenue of $369K, expenses of $377K, and assets of $128K (revenue +21.7% year-over-year).
- 2017: Revenue of $303K, expenses of $288K, and assets of $132K (revenue +10.2% year-over-year).
- 2016: Revenue of $275K, expenses of $253K, and assets of $116K (revenue +17.0% year-over-year).
- 2015: Revenue of $235K, expenses of $244K, and assets of $93K (revenue -5.6% year-over-year).
- 2014: Revenue of $249K, expenses of $266K, and assets of $91K (revenue -6.3% year-over-year).
- 2013: Revenue of $266K, expenses of $231K, and assets of $107K (revenue +34.4% year-over-year).
- 2012: Revenue of $198K, expenses of $160K, and assets of $72K (revenue +46.6% year-over-year).
- 2011: Revenue of $135K, expenses of $189K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Special Hope Network:
Data Sources and Methodology
This transparency report for Special Hope Network 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.