Stone Valleys Ray Of Hope
EIN: 853926703 · Mancelona, MI · NTEE: N69
| Metric | Value |
|---|---|
| Total Revenue | $566K |
| Total Expenses | $860K |
| Net Assets | $10K |
Is Stone Valleys Ray Of Hope Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Stone Valleys Ray Of Hope
Stone Valleys Ray Of Hope (EIN: 853926703) is a nonprofit organization based in Mancelona, MI, classified under NTEE code N69. The organization reported total revenue of $566K and total assets of $107K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stone Valleys Ray Of Hope's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stone Valleys Ray Of Hope is a small nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 379.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $870K |
| Total Expenses | $860K |
| Surplus / Deficit | +$10K |
| Total Assets | $96K |
| Total Liabilities | $86K |
| Net Assets | $10K |
| Operating Margin | 1.2% |
| Debt-to-Asset Ratio | 89.6% |
| Months of Reserves | 1.3 months |
Financial Health Grade: B
In 2023, Stone Valleys Ray Of Hope reported a surplus of $10K with revenue exceeding expenses, holds 1.3 months of operating reserves (limited), has a debt-to-asset ratio of 89.6% (high leverage).
Financial Trends
Over 4 years of filings (2020–2023), Stone Valleys Ray Of Hope's revenue has grown at a compound annual growth rate (CAGR) of 379.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.7% | +7.6% | +1.3% |
| 2022 | -6.3% | -7.5% | +39.7% |
| 2021 | +10248.7% | — | +6794700.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Stone Valleys Ray Of Hope 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 Stone Valleys Ray Of Hope 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 surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 89.6%.
Frequently Asked Questions about Stone Valleys Ray Of Hope
Is Stone Valleys Ray Of Hope a legitimate charity?
Stone Valleys Ray Of Hope (EIN: 853926703) is a registered tax-exempt nonprofit based in Michigan. It has 4 years of IRS 990 filings on record. Total revenue: $566K. No red flags identified. Financial health grade: B.
How does Stone Valleys Ray Of Hope spend its money?
Stone Valleys Ray Of Hope reported $566K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Stone Valleys Ray Of Hope tax-deductible?
Stone Valleys Ray Of Hope is registered as a tax-exempt nonprofit (EIN: 853926703). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Stone Valleys Ray Of Hope located?
Stone Valleys Ray Of Hope is headquartered in Mancelona, Michigan and files with the IRS under EIN 853926703. It is classified under NTEE code N69.
How many years of IRS 990 filings does Stone Valleys Ray Of Hope have?
Stone Valleys Ray Of Hope has 4 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 $566K in total revenue.
Filing History
IRS 990 filing history for Stone Valleys Ray Of Hope showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Stone Valleys Ray Of Hope's revenue has grown by 10924%, moving from $8K to $870K. Total assets increased by 9620000% over the same period, from $1 to $96K. In its most recent filing year (2023), Stone Valleys Ray Of Hope reported a surplus of $10K, with revenue exceeding expenses. The organization holds $86K in liabilities against $96K in assets (debt-to-asset ratio: 89.6%), resulting in net assets of $10K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $870K | $860K | $96K | $86K | — | — |
| 2022 | $765K | $799K | $95K | $95K | — | View 990 |
| 2021 | $816K | $864K | $68K | $68K | — | View 990 |
| 2020 | $8K | $0 | $1 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $870K, expenses of $860K, and assets of $96K (revenue +13.7% year-over-year).
- 2022: Revenue of $765K, expenses of $799K, and assets of $95K (revenue -6.3% year-over-year).
- 2021: Revenue of $816K, expenses of $864K, and assets of $68K (revenue +10248.7% year-over-year).
- 2020: Revenue of $8K, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stone Valleys Ray Of Hope:
Data Sources and Methodology
This transparency report for Stone Valleys Ray Of Hope 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.