Tree Of Hope Association Inc
EIN: 473999838 · Rockville, MD · NTEE: F20
| Metric | Value |
|---|---|
| Total Revenue | $992K |
| Total Expenses | $718K |
| Net Assets | $87K |
Is Tree Of Hope Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tree Of Hope Association Inc
Tree Of Hope Association Inc (EIN: 473999838) is a nonprofit organization based in Rockville, MD, classified under NTEE code F20. The organization reported total revenue of $992K and total assets of $77K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tree Of Hope Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tree Of Hope Association Inc is a small nonprofit that has been operating for 11 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 61.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $739K |
| Total Expenses | $718K |
| Surplus / Deficit | +$21K |
| Total Assets | $103K |
| Total Liabilities | $16K |
| Net Assets | $87K |
| Operating Margin | 2.8% |
| Debt-to-Asset Ratio | 15.6% |
| Months of Reserves | 1.7 months |
Financial Health Grade: A
In 2023, Tree Of Hope Association Inc reported a surplus of $21K with revenue exceeding expenses, holds 1.7 months of operating reserves (limited), has a debt-to-asset ratio of 15.6% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Tree Of Hope Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 61.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.2% | +21.6% | +26.3% |
| 2022 | +1470.0% | +1377.2% | +396.3% |
| 2021 | -70.6% | -69.7% | -7.1% |
| 2020 | -31.0% | -32.0% | +249.4% |
| 2019 | +189.4% | +198.6% | +76.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tree Of Hope Association 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 Tree Of Hope Association 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 $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.6%.
Frequently Asked Questions about Tree Of Hope Association Inc
Is Tree Of Hope Association Inc a legitimate charity?
Tree Of Hope Association Inc (EIN: 473999838) is a registered tax-exempt nonprofit based in Maryland. It has 6 years of IRS 990 filings on record. Total revenue: $992K. No red flags identified. Financial health grade: A.
How does Tree Of Hope Association Inc spend its money?
Tree Of Hope Association Inc reported $992K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tree Of Hope Association Inc tax-deductible?
Tree Of Hope Association Inc is registered as a tax-exempt nonprofit (EIN: 473999838). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tree Of Hope Association Inc located?
Tree Of Hope Association Inc is headquartered in Rockville, Maryland and files with the IRS under EIN 473999838. It is classified under NTEE code F20.
How many years of IRS 990 filings does Tree Of Hope Association Inc have?
Tree Of Hope Association Inc has 6 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 $992K in total revenue.
Filing History
IRS 990 filing history for Tree Of Hope Association Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Tree Of Hope Association Inc's revenue has grown by 990.7%, moving from $68K to $739K. Total assets increased by 3490.7% over the same period, from $3K to $103K. Total functional expenses rose by 1003.8%, from $65K to $718K. In its most recent filing year (2023), Tree Of Hope Association Inc reported a surplus of $21K, with revenue exceeding expenses. The organization holds $16K in liabilities against $103K in assets (debt-to-asset ratio: 15.6%), resulting in net assets of $87K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $739K | $718K | $103K | $16K | — | View 990 |
| 2022 | $625K | $590K | $82K | $16K | — | View 990 |
| 2021 | $40K | $40K | $16K | $10K | — | View 990 |
| 2020 | $135K | $132K | $18K | $10K | — | — |
| 2019 | $196K | $194K | $5K | $0 | — | View 990 |
| 2018 | $68K | $65K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $739K, expenses of $718K, and assets of $103K (revenue +18.2% year-over-year).
- 2022: Revenue of $625K, expenses of $590K, and assets of $82K (revenue +1470.0% year-over-year).
- 2021: Revenue of $40K, expenses of $40K, and assets of $16K (revenue -70.6% year-over-year).
- 2020: Revenue of $135K, expenses of $132K, and assets of $18K (revenue -31.0% year-over-year).
- 2019: Revenue of $196K, expenses of $194K, and assets of $5K (revenue +189.4% year-over-year).
- 2018: Revenue of $68K, expenses of $65K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tree Of Hope Association Inc:
Data Sources and Methodology
This transparency report for Tree Of Hope Association 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.