Team Hope In Motion Inc
EIN: 352092887 · Indianapolis, IN · NTEE: E60
| Metric | Value |
|---|---|
| Total Revenue | $337K |
| Total Expenses | $186K |
| Net Assets | $293K |
Is Team Hope In Motion Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Team Hope In Motion Inc
Team Hope In Motion Inc (EIN: 352092887) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code E60. The organization reported total revenue of $337K and total assets of $321K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Team Hope In Motion Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Team Hope In Motion Inc is a small nonprofit that has been operating for 25 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $255K |
| Total Expenses | $186K |
| Surplus / Deficit | +$69K |
| Total Assets | $293K |
| Net Assets | $293K |
| Operating Margin | 27.0% |
| Months of Reserves | 18.9 months |
Financial Health Grade: A
In 2023, Team Hope In Motion Inc reported a surplus of $69K with revenue exceeding expenses, holds 18.9 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Team Hope In Motion Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.0% | +38.9% | +30.7% |
| 2022 | +49.7% | -12.7% | +30.2% |
| 2021 | +296.8% | +284.9% | -16.7% |
| 2019 | -64.3% | -79.2% | -4.0% |
| 2018 | -33.0% | +251.3% | -34.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Team Hope In Motion Inc 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 Team Hope In Motion Inc 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 $69K, with revenue exceeding expenses.
Frequently Asked Questions about Team Hope In Motion Inc
Is Team Hope In Motion Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Team Hope In Motion Inc (EIN: 352092887) insufficient data. 0 red flags identified, 0 strengths noted.
How does Team Hope In Motion Inc spend its money?
Detailed spending breakdown data is not yet available for Team Hope In Motion Inc. Check back for updated IRS 990 analysis.
Are donations to Team Hope In Motion Inc tax-deductible?
Team Hope In Motion Inc is registered as a tax-exempt nonprofit (EIN: 352092887). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Team Hope In Motion Inc located?
Team Hope In Motion Inc is headquartered in Indianapolis, Indiana and files with the IRS under EIN 352092887. It is classified under NTEE code E60.
How many years of IRS 990 filings does Team Hope In Motion Inc have?
Team Hope In Motion Inc has 12 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 $337K in total revenue.
Filing History
IRS 990 filing history for Team Hope In Motion Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Team Hope In Motion Inc's revenue has grown by 82.8%, moving from $140K to $255K. Total assets decreased by 24.4% over the same period, from $388K to $293K. Total functional expenses rose by 6.6%, from $175K to $186K. In its most recent filing year (2023), Team Hope In Motion Inc reported a surplus of $69K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $255K | $186K | $293K | $0 | — | — |
| 2022 | $186K | $134K | $225K | $0 | — | View 990 |
| 2021 | $124K | $154K | $172K | $0 | — | View 990 |
| 2019 | $31K | $40K | $207K | $0 | — | View 990 |
| 2018 | $88K | $192K | $216K | $0 | — | View 990 |
| 2017 | $131K | $55K | $330K | $10K | — | View 990 |
| 2016 | $43K | $167K | $244K | $0 | — | View 990 |
| 2015 | $103K | $172K | $368K | $0 | — | View 990 |
| 2014 | $132K | $146K | $437K | $0 | — | View 990 |
| 2013 | $248K | $173K | $451K | $0 | — | View 990 |
| 2012 | $159K | $170K | $377K | $0 | — | View 990 |
| 2011 | $140K | $175K | $388K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $255K, expenses of $186K, and assets of $293K (revenue +37.0% year-over-year).
- 2022: Revenue of $186K, expenses of $134K, and assets of $225K (revenue +49.7% year-over-year).
- 2021: Revenue of $124K, expenses of $154K, and assets of $172K (revenue +296.8% year-over-year).
- 2019: Revenue of $31K, expenses of $40K, and assets of $207K (revenue -64.3% year-over-year).
- 2018: Revenue of $88K, expenses of $192K, and assets of $216K (revenue -33.0% year-over-year).
- 2017: Revenue of $131K, expenses of $55K, and assets of $330K (revenue +204.9% year-over-year).
- 2016: Revenue of $43K, expenses of $167K, and assets of $244K (revenue -58.3% year-over-year).
- 2015: Revenue of $103K, expenses of $172K, and assets of $368K (revenue -22.1% year-over-year).
- 2014: Revenue of $132K, expenses of $146K, and assets of $437K (revenue -46.7% year-over-year).
- 2013: Revenue of $248K, expenses of $173K, and assets of $451K (revenue +55.4% year-over-year).
- 2012: Revenue of $159K, expenses of $170K, and assets of $377K (revenue +14.2% year-over-year).
- 2011: Revenue of $140K, expenses of $175K, and assets of $388K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Team Hope In Motion Inc:
Data Sources and Methodology
This transparency report for Team Hope In Motion 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.