Thehopeline Inc
Thehopeline Inc reports a recent operating deficit despite a decade of multi-million dollar revenues and zero officer compensation.
EIN: 201198064 · Spring Hill, TN · NTEE: X21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.3M |
| Program Spending | 85% |
| Net Assets | $2.8M |
| Transparency Score | 85/100 |
Is Thehopeline Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Thehopeline Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Thehopeline Inc
Thehopeline Inc (EIN: 201198064) is a nonprofit organization based in Spring Hill, TN, classified under NTEE code X21. The organization reported total revenue of $2.3M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thehopeline Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thehopeline Inc is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $2.3M |
| Surplus / Deficit | $-563,547 |
| Total Assets | $3.1M |
| Total Liabilities | $244K |
| Net Assets | $2.8M |
| Operating Margin | -33.1% |
| Debt-to-Asset Ratio | 8.0% |
| Months of Reserves | 16.2 months |
Financial Health Grade: B
In 2023, Thehopeline Inc reported a deficit of $564K with expenses exceeding revenue, holds 16.2 months of operating reserves (strong position), has a debt-to-asset ratio of 8.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Thehopeline Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -51.1% | +6.3% | -17.7% |
| 2022 | +31.0% | +26.1% | -9.3% |
| 2021 | +42.9% | +13.7% | +27.9% |
| 2020 | +19.6% | +4.7% | +9.8% |
| 2019 | -11.8% | +0.8% | +1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Thehopeline Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Thehopeline Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $564K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly unusual for an organization with multi-million dollar revenues and suggests a strong commitment to directing funds to programs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Thehopeline Inc's IRS 990 filings:
- Significant operating deficit in the latest fiscal period (202312), with expenses exceeding revenue by over $500,000.
- Substantial year-over-year revenue volatility, with a more than 50% drop from 202212 to 202312.
Strengths
The following positive indicators were identified for Thehopeline Inc:
- Consistent reporting of 0% officer compensation, indicating strong financial transparency and dedication to mission.
- Significant reduction in liabilities over recent years, from over $2.5 million in 201712 to $244,435 in 202312, improving financial health.
- Maintained multi-million dollar revenues for over a decade, demonstrating consistent fundraising capacity.
Frequently Asked Questions about Thehopeline Inc
Is Thehopeline Inc a legitimate charity?
Thehopeline Inc (EIN: 201198064) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.3M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Thehopeline Inc spend its money?
Thehopeline Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Thehopeline Inc tax-deductible?
Thehopeline Inc is registered as a tax-exempt nonprofit (EIN: 201198064). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Thehopeline Inc's spending goes to programs?
Thehopeline Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Thehopeline Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Thehopeline Inc is above average for NTEE category X21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Thehopeline Inc located?
Thehopeline Inc is headquartered in Spring Hill, Tennessee and files with the IRS under EIN 201198064. It is classified under NTEE code X21.
How many years of IRS 990 filings does Thehopeline Inc have?
Thehopeline Inc 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 $2.3M in total revenue.
Is Thehopeline Inc financially stable given the recent deficit?
While the 202312 filing shows expenses exceeding revenue by over $500,000, the organization has a history of fluctuating revenues and expenses. Its assets of $3,064,069 and significantly reduced liabilities of $244,435 provide a buffer, but sustained deficits would impact long-term stability.
How does Thehopeline Inc fund its operations without officer compensation?
The filings consistently show 0% officer compensation, implying that leadership roles may be filled by volunteers or compensated through other means not classified as officer compensation, or that the organization relies heavily on non-officer staff for its operations.
What caused the significant drop in revenue from 202212 to 202312?
Revenue decreased from $3,488,147 in 202212 to $1,704,750 in 202312, a reduction of over 50%. The IRS 990 form itself would need to be reviewed for specific explanations, such as changes in grant funding, donations, or program service revenue.
Filing History
IRS 990 filing history for Thehopeline Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Thehopeline Inc's revenue has declined by 50.4%, moving from $3.4M to $1.7M. Total assets decreased by 14.5% over the same period, from $3.6M to $3.1M. Total functional expenses fell by 35.6%, from $3.5M to $2.3M. In its most recent filing year (2023), Thehopeline Inc reported a deficit of $564K, with expenses exceeding revenue. The organization holds $244K in liabilities against $3.1M in assets (debt-to-asset ratio: 8.0%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $2.3M | $3.1M | $244K | — | View 990 |
| 2022 | $3.5M | $2.1M | $3.7M | $342K | — | — |
| 2021 | $2.7M | $1.7M | $4.1M | $2.1M | — | View 990 |
| 2020 | $1.9M | $1.5M | $3.2M | $2.2M | — | — |
| 2019 | $1.6M | $1.4M | $2.9M | $2.2M | — | View 990 |
| 2018 | $1.8M | $1.4M | $2.9M | $2.3M | — | View 990 |
| 2017 | $2.0M | $2.2M | $2.7M | $2.6M | — | View 990 |
| 2016 | $2.8M | $2.9M | $2.8M | $2.5M | — | View 990 |
| 2015 | $2.7M | $3.1M | $3.1M | $2.6M | — | View 990 |
| 2014 | $2.7M | $2.7M | $3.6M | $2.7M | — | View 990 |
| 2013 | $3.3M | $2.8M | $3.8M | $2.9M | — | View 990 |
| 2012 | $3.1M | $3.3M | $3.3M | $3.0M | — | View 990 |
| 2011 | $3.4M | $3.5M | $3.6M | $3.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $2.3M, and assets of $3.1M (revenue -51.1% year-over-year).
- 2022: Revenue of $3.5M, expenses of $2.1M, and assets of $3.7M (revenue +31.0% year-over-year).
- 2021: Revenue of $2.7M, expenses of $1.7M, and assets of $4.1M (revenue +42.9% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.5M, and assets of $3.2M (revenue +19.6% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.4M, and assets of $2.9M (revenue -11.8% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.4M, and assets of $2.9M (revenue -13.1% year-over-year).
- 2017: Revenue of $2.0M, expenses of $2.2M, and assets of $2.7M (revenue -27.1% year-over-year).
- 2016: Revenue of $2.8M, expenses of $2.9M, and assets of $2.8M (revenue +4.9% year-over-year).
- 2015: Revenue of $2.7M, expenses of $3.1M, and assets of $3.1M (revenue -1.2% year-over-year).
- 2014: Revenue of $2.7M, expenses of $2.7M, and assets of $3.6M (revenue -19.5% year-over-year).
- 2013: Revenue of $3.3M, expenses of $2.8M, and assets of $3.8M (revenue +8.9% year-over-year).
- 2012: Revenue of $3.1M, expenses of $3.3M, and assets of $3.3M (revenue -10.8% year-over-year).
- 2011: Revenue of $3.4M, expenses of $3.5M, and assets of $3.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thehopeline Inc:
Data Sources and Methodology
This transparency report for Thehopeline 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.