The Hope Buss Inc
EIN: 832485907 · Louisville, KY · NTEE: P99
| Metric | Value |
|---|---|
| Total Revenue | $839K |
| Total Expenses | $722K |
| Net Assets | $286K |
Is The Hope Buss Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Hope Buss Inc
The Hope Buss Inc (EIN: 832485907) is a nonprofit organization based in Louisville, KY, classified under NTEE code P99. The organization reported total revenue of $839K and total assets of $803K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Hope Buss Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Hope Buss Inc is a small nonprofit that has been operating for 6 years, with 2 years of IRS 990 filings on record (2021–2022). Revenue has grown at a compound annual rate of 62.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $689K |
| Total Expenses | $722K |
| Surplus / Deficit | $-32,378 |
| Total Assets | $286K |
| Net Assets | $286K |
| Operating Margin | -4.7% |
| Months of Reserves | 4.8 months |
Financial Health Grade: B
In 2022, The Hope Buss Inc reported a deficit of $32K with expenses exceeding revenue, holds 4.8 months of operating reserves (adequate).
Financial Trends
Over 2 years of filings (2021–2022), The Hope Buss Inc's revenue has grown at a compound annual growth rate (CAGR) of 62.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +62.1% | +1146.7% | -28.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Hope Buss 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 The Hope Buss 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $32K, with expenses exceeding revenue.
Frequently Asked Questions about The Hope Buss Inc
Is The Hope Buss Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Hope Buss Inc (EIN: 832485907) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Hope Buss Inc spend its money?
Detailed spending breakdown data is not yet available for The Hope Buss Inc. Check back for updated IRS 990 analysis.
Are donations to The Hope Buss Inc tax-deductible?
The Hope Buss Inc is registered as a tax-exempt nonprofit (EIN: 832485907). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Hope Buss Inc located?
The Hope Buss Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 832485907. It is classified under NTEE code P99.
How many years of IRS 990 filings does The Hope Buss Inc have?
The Hope Buss Inc has 2 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 $839K in total revenue.
Filing History
IRS 990 filing history for The Hope Buss Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2022), The Hope Buss Inc's revenue has grown by 62.1%, moving from $425K to $689K. Total assets decreased by 28.9% over the same period, from $403K to $286K. Total functional expenses rose by 1146.7%, from $58K to $722K. In its most recent filing year (2022), The Hope Buss Inc reported a deficit of $32K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $689K | $722K | $286K | $0 | — | View 990 |
| 2021 | $425K | $58K | $403K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Hope Buss Inc:
Data Sources and Methodology
This transparency report for The Hope Buss 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.