United Hopes Inc
United Hopes Inc. maintains stable operations with declining liabilities and no reported officer compensation.
EIN: 203622386 · Tuscaloosa, AL · NTEE: L20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $408K |
| Total Expenses | $410K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $400,000 |
| Net Assets | $908K |
| Transparency Score | 85/100 |
Is United Hopes Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
United Hopes Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About United Hopes Inc
United Hopes Inc (EIN: 203622386) is a nonprofit organization based in Tuscaloosa, AL, classified under NTEE code L20. The organization reported total revenue of $408K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of United Hopes Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
United Hopes Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 69.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $375K |
| Total Expenses | $410K |
| Surplus / Deficit | $-34,358 |
| Total Assets | $2.5M |
| Total Liabilities | $1.6M |
| Net Assets | $908K |
| Operating Margin | -9.2% |
| Debt-to-Asset Ratio | 63.8% |
| Months of Reserves | 73.4 months |
Financial Health Grade: C
In 2023, United Hopes Inc reported a deficit of $34K with expenses exceeding revenue, holds 73.4 months of operating reserves (strong position), has a debt-to-asset ratio of 63.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), United Hopes Inc's revenue has grown at a compound annual growth rate (CAGR) of 69.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.7% | +20.0% | -2.5% |
| 2022 | +6.3% | +0.6% | -1.0% |
| 2021 | -0.9% | +8.1% | -1.6% |
| 2020 | +1.8% | -4.1% | -0.1% |
| 2019 | -0.3% | -2.0% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 United Hopes 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, United Hopes 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 $34K, with expenses exceeding revenue.
- Debt-to-asset ratio: 63.8%.
Executive Compensation Analysis
United Hopes Inc. consistently reports 0% officer compensation across all 13 filings, indicating either a volunteer-led executive team or that executive salaries are covered by other means not reported as officer compensation, which is highly unusual for an organization of its size with over $400,000 in annual revenue.
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 United Hopes Inc's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., $34,358 in 2023, $17,270 in 2021), indicating expenses sometimes exceed revenue.
- Gradual decline in total assets from $2,792,457 in 2014 to $2,459,849 currently.
Strengths
The following positive indicators were identified for United Hopes Inc:
- Consistent reporting of 0% officer compensation, indicating high transparency and potential volunteer leadership.
- Significant reduction in liabilities from $2,946,937 in 2014 to $1,600,129 in 2023, improving financial stability.
- Stable revenue generation in recent years, consistently above $300,000 since 2019.
Frequently Asked Questions about United Hopes Inc
Is United Hopes Inc a legitimate charity?
United Hopes Inc (EIN: 203622386) is a registered tax-exempt nonprofit based in Alabama. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $408K. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does United Hopes Inc spend its money?
United Hopes Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to United Hopes Inc tax-deductible?
United Hopes Inc is registered as a tax-exempt nonprofit (EIN: 203622386). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the United Hopes Inc CEO make?
United Hopes Inc's highest-compensated officer earns $400,000 annually. The organization reported $408K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of United Hopes Inc's spending goes to programs?
United Hopes Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does United Hopes Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), United Hopes Inc is above average for NTEE category L20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is United Hopes Inc located?
United Hopes Inc is headquartered in Tuscaloosa, Alabama and files with the IRS under EIN 203622386. It is classified under NTEE code L20.
How many years of IRS 990 filings does United Hopes Inc have?
United Hopes 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 $408K in total revenue.
Is United Hopes Inc. financially stable?
Yes, United Hopes Inc. appears financially stable. While it has experienced slight operational deficits in some years (e.g., $34,358 deficit in 2023), it has significantly reduced its liabilities from $2,946,937 in 2014 to $1,600,129 in 2023, improving its balance sheet health.
How does United Hopes Inc. manage executive compensation?
United Hopes Inc. reports 0% officer compensation in all available IRS 990 filings. This suggests that its executive leadership may be entirely volunteer-based or compensated through non-officer roles, which is a strong indicator of efficiency and dedication to its mission.
Has United Hopes Inc.'s asset base changed over time?
Yes, the organization's assets have gradually decreased from $2,792,457 in 2014 to $2,459,849 currently. While a decline, it remains substantial relative to its annual revenue.
What is the trend in United Hopes Inc.'s revenue and expenses?
United Hopes Inc. has seen a general upward trend in revenue from negative figures in 2014-2017 to $375,487 in 2023. Expenses have also increased, often slightly exceeding revenue in recent years, such as $409,845 in expenses against $375,487 in revenue in 2023.
Filing History
IRS 990 filing history for United Hopes Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), United Hopes Inc's revenue has grown by 56194.9%, moving from $667 to $375K. Total assets decreased by 18.2% over the same period, from $3.1M to $2.5M. In its most recent filing year (2023), United Hopes Inc reported a deficit of $34K, with expenses exceeding revenue. The organization holds $1.6M in liabilities against $2.5M in assets (debt-to-asset ratio: 63.8%), resulting in net assets of $908K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $375K | $410K | $2.5M | $1.6M | — | — |
| 2022 | $342K | $342K | $2.6M | $1.6M | — | — |
| 2021 | $322K | $339K | $2.6M | $1.7M | — | View 990 |
| 2020 | $325K | $314K | $2.6M | $1.7M | — | View 990 |
| 2019 | $319K | $328K | $2.6M | $1.7M | — | View 990 |
| 2018 | $320K | $334K | $2.7M | $1.7M | — | View 990 |
| 2017 | $-10,076 | $0 | $2.7M | $2.9M | — | View 990 |
| 2016 | $-6,829 | $0 | $2.7M | $2.9M | — | View 990 |
| 2015 | $-23,362 | $0 | $2.8M | $2.9M | — | View 990 |
| 2014 | $-26,701 | $0 | $2.8M | $2.9M | — | View 990 |
| 2013 | $-58,122 | $0 | $2.9M | $3.0M | — | View 990 |
| 2012 | $-21,793 | $0 | $2.9M | $2.9M | — | View 990 |
| 2011 | $667 | $0 | $3.1M | $3.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $375K, expenses of $410K, and assets of $2.5M (revenue +9.7% year-over-year).
- 2022: Revenue of $342K, expenses of $342K, and assets of $2.6M (revenue +6.3% year-over-year).
- 2021: Revenue of $322K, expenses of $339K, and assets of $2.6M (revenue -0.9% year-over-year).
- 2020: Revenue of $325K, expenses of $314K, and assets of $2.6M (revenue +1.8% year-over-year).
- 2019: Revenue of $319K, expenses of $328K, and assets of $2.6M (revenue -0.3% year-over-year).
- 2018: Revenue of $320K, expenses of $334K, and assets of $2.7M.
- 2017: Revenue of $-10,076, expenses of $0, and assets of $2.7M.
- 2016: Revenue of $-6,829, expenses of $0, and assets of $2.7M.
- 2015: Revenue of $-23,362, expenses of $0, and assets of $2.8M.
- 2014: Revenue of $-26,701, expenses of $0, and assets of $2.8M.
- 2013: Revenue of $-58,122, expenses of $0, and assets of $2.9M.
- 2012: Revenue of $-21,793, expenses of $0, and assets of $2.9M (revenue -3367.3% year-over-year).
- 2011: Revenue of $667, expenses of $0, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for United Hopes Inc:
Data Sources and Methodology
This transparency report for United Hopes 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.