There Is Hope For The Children Inc
EIN: 710833587 · Pine Bluff, AR · NTEE: O50
| Metric | Value |
|---|---|
| Total Revenue | $86K |
| Total Expenses | $131K |
| Net Assets | $112K |
Is There Is Hope For The Children Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About There Is Hope For The Children Inc
There Is Hope For The Children Inc (EIN: 710833587) is a nonprofit organization based in Pine Bluff, AR, classified under NTEE code O50. The organization reported total revenue of $86K and total assets of $49K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of There Is Hope For The Children Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
There Is Hope For The Children Inc is a micro nonprofit that has been operating for 8 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -10.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $107K |
| Total Expenses | $131K |
| Surplus / Deficit | $-24,674 |
| Total Assets | $112K |
| Net Assets | $112K |
| Operating Margin | -23.1% |
| Months of Reserves | 10.3 months |
Financial Health Grade: B
In 2023, There Is Hope For The Children Inc reported a deficit of $25K with expenses exceeding revenue, holds 10.3 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), There Is Hope For The Children Inc's revenue has declined at a compound annual growth rate (CAGR) of -10.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.7% | +17.7% | -18.0% |
| 2022 | +11.2% | +66.0% | +38.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1230 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for There Is Hope For The Children 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 There Is Hope For The Children 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 deficit of $25K, with expenses exceeding revenue.
Frequently Asked Questions about There Is Hope For The Children Inc
Is There Is Hope For The Children Inc a legitimate charity?
There Is Hope For The Children Inc (EIN: 710833587) is a registered tax-exempt nonprofit based in Arkansas. It has 3 years of IRS 990 filings on record. Total revenue: $86K. No red flags identified. Financial health grade: B.
How does There Is Hope For The Children Inc spend its money?
There Is Hope For The Children Inc reported $86K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to There Is Hope For The Children Inc tax-deductible?
There Is Hope For The Children Inc is registered as a tax-exempt nonprofit (EIN: 710833587). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is There Is Hope For The Children Inc located?
There Is Hope For The Children Inc is headquartered in Pine Bluff, Arkansas and files with the IRS under EIN 710833587. It is classified under NTEE code O50.
How many years of IRS 990 filings does There Is Hope For The Children Inc have?
There Is Hope For The Children Inc has 3 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 $86K in total revenue.
Filing History
IRS 990 filing history for There Is Hope For The Children Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), There Is Hope For The Children Inc's revenue has declined by 20.6%, moving from $134K to $107K. Total assets increased by 13.4% over the same period, from $99K to $112K. Total functional expenses rose by 95.5%, from $67K to $131K. In its most recent filing year (2023), There Is Hope For The Children Inc reported a deficit of $25K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $107K | $131K | $112K | $0 | — | — |
| 2022 | $149K | $111K | $137K | $0 | — | View 990 |
| 2021 | $134K | $67K | $99K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $107K, expenses of $131K, and assets of $112K (revenue -28.7% year-over-year).
- 2022: Revenue of $149K, expenses of $111K, and assets of $137K (revenue +11.2% year-over-year).
- 2021: Revenue of $134K, expenses of $67K, and assets of $99K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for There Is Hope For The Children Inc:
Data Sources and Methodology
This transparency report for There Is Hope For The Children 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.