The Sound Of Hope
EIN: 272807823 · Birmingham, AL · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $49K |
| Total Expenses | $57K |
| Net Assets | $9K |
Is The Sound 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 The Sound Of Hope
The Sound Of Hope (EIN: 272807823) is a nonprofit organization based in Birmingham, AL, classified under NTEE code Q33. The organization reported total revenue of $49K and total assets of $11K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Sound Of Hope's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Sound Of Hope is a micro nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $54K |
| Total Expenses | $57K |
| Surplus / Deficit | $-3,032 |
| Total Assets | $9K |
| Net Assets | $9K |
| Operating Margin | -5.6% |
| Months of Reserves | 1.8 months |
Financial Health Grade: C
In 2023, The Sound Of Hope reported a deficit of $3K with expenses exceeding revenue, holds 1.8 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), The Sound Of Hope's revenue has declined at a compound annual growth rate (CAGR) of -9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.3% | -25.5% | -26.2% |
| 2022 | -15.8% | -18.5% | +20.2% |
| 2021 | -12.0% | -10.4% | -6.5% |
| 2020 | +4.5% | +2.5% | +13.5% |
| 2019 | +20.5% | +5.6% | -8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Sound 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 The Sound 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 deficit of $3K, with expenses exceeding revenue.
Frequently Asked Questions about The Sound Of Hope
Is The Sound Of Hope a legitimate charity?
The Sound Of Hope (EIN: 272807823) is a registered tax-exempt nonprofit based in Alabama. It has 13 years of IRS 990 filings on record. Total revenue: $49K. No red flags identified. Financial health grade: C.
How does The Sound Of Hope spend its money?
The Sound Of Hope reported $49K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Sound Of Hope tax-deductible?
The Sound Of Hope is registered as a tax-exempt nonprofit (EIN: 272807823). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Sound Of Hope located?
The Sound Of Hope is headquartered in Birmingham, Alabama and files with the IRS under EIN 272807823. It is classified under NTEE code Q33.
How many years of IRS 990 filings does The Sound Of Hope have?
The Sound Of Hope 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 $49K in total revenue.
Filing History
IRS 990 filing history for The Sound Of Hope showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Sound Of Hope's revenue has declined by 69.8%, moving from $178K to $54K. Total assets decreased by 76.6% over the same period, from $36K to $9K. Total functional expenses fell by 60.6%, from $144K to $57K. In its most recent filing year (2023), The Sound Of Hope reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $54K | $57K | $9K | $0 | — | — |
| 2022 | $78K | $76K | $12K | $0 | — | View 990 |
| 2021 | $93K | $93K | $10K | $0 | — | View 990 |
| 2020 | $105K | $104K | $10K | $0 | — | View 990 |
| 2019 | $101K | $102K | $9K | $0 | — | View 990 |
| 2018 | $84K | $96K | $10K | $0 | — | View 990 |
| 2017 | $113K | $101K | $22K | $0 | — | — |
| 2016 | $110K | $113K | $10K | $0 | — | View 990 |
| 2015 | $142K | $133K | $13K | $0 | — | View 990 |
| 2014 | $103K | $103K | $4K | $0 | — | View 990 |
| 2013 | $109K | $101K | $4K | $0 | — | View 990 |
| 2012 | $207K | $248K | $11K | $15K | — | View 990 |
| 2011 | $178K | $144K | $36K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $54K, expenses of $57K, and assets of $9K (revenue -31.3% year-over-year).
- 2022: Revenue of $78K, expenses of $76K, and assets of $12K (revenue -15.8% year-over-year).
- 2021: Revenue of $93K, expenses of $93K, and assets of $10K (revenue -12.0% year-over-year).
- 2020: Revenue of $105K, expenses of $104K, and assets of $10K (revenue +4.5% year-over-year).
- 2019: Revenue of $101K, expenses of $102K, and assets of $9K (revenue +20.5% year-over-year).
- 2018: Revenue of $84K, expenses of $96K, and assets of $10K (revenue -25.9% year-over-year).
- 2017: Revenue of $113K, expenses of $101K, and assets of $22K (revenue +2.8% year-over-year).
- 2016: Revenue of $110K, expenses of $113K, and assets of $10K (revenue -22.3% year-over-year).
- 2015: Revenue of $142K, expenses of $133K, and assets of $13K (revenue +37.1% year-over-year).
- 2014: Revenue of $103K, expenses of $103K, and assets of $4K (revenue -5.6% year-over-year).
- 2013: Revenue of $109K, expenses of $101K, and assets of $4K (revenue -47.1% year-over-year).
- 2012: Revenue of $207K, expenses of $248K, and assets of $11K (revenue +16.3% year-over-year).
- 2011: Revenue of $178K, expenses of $144K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Sound Of Hope:
Data Sources and Methodology
This transparency report for The Sound 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.