Village Of Hope Inc
Village Of Hope Inc consistently operates at a deficit, drawing down assets despite zero officer compensation.
EIN: 205869811 · Columbia, TN · NTEE: L21 · Updated: 2026-03-28
Is Village Of Hope Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Village Of Hope Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Village Of Hope Inc
Village Of Hope Inc (EIN: 205869811) is a nonprofit organization based in Columbia, TN, classified under NTEE code L21. The organization reported total revenue of $149K and total assets of $829K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Village Of Hope Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Village Of Hope Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Village Of Hope Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is a significant positive for a nonprofit of its size, demonstrating a strong commitment to minimizing overhead and maximizing resources for its mission.
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 Village Of Hope Inc's IRS 990 filings:
- Consistent operating deficits (expenses exceed revenue in all reported periods)
- Declining asset base over the past decade (from $1.2M to $863K)
- Potential long-term sustainability concerns due to deficit spending
Strengths
The following positive indicators were identified for Village Of Hope Inc:
- Zero officer compensation reported across all filings, indicating high efficiency in executive pay
- Low and stable liabilities, suggesting good debt management
- Consistent revenue generation, albeit insufficient to cover expenses
Frequently Asked Questions about Village Of Hope Inc
Is Village Of Hope Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Village Of Hope Inc (EIN: 205869811) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Village Of Hope Inc spend its money?
Village Of Hope Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Village Of Hope Inc tax-deductible?
Village Of Hope Inc is registered as a tax-exempt nonprofit (EIN: 205869811). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Village Of Hope Inc financially sustainable given its consistent operating deficits?
The organization has consistently spent more than it earns, with expenses exceeding revenue in every reported period. This trend, coupled with declining assets (from $1,263,854 in 2015 to $863,520 in 2024), suggests a reliance on drawing down reserves. While current liabilities are low, long-term sustainability is questionable without an increase in revenue or a reduction in expenses.
What is the primary source of funding for Village Of Hope Inc, and is it diversified?
The provided data only shows total revenue, not its sources. Given the consistent revenue levels (around $110,000-$128,000 annually in recent years), it would be important to investigate if the organization relies heavily on a few donors or has a diversified funding base to mitigate risks.
How does Village Of Hope Inc cover its operational deficits?
The consistent deficits, such as the $50,678 shortfall in 202406, are likely covered by drawing from the organization's existing assets, which have shown a steady decline over the past decade. This is not a sustainable long-term strategy without a significant change in financial operations.
Filing History
IRS 990 filing history for Village Of Hope Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Village Of Hope Inc's revenue has grown by 85.4%, moving from $69K to $128K. Total assets decreased by 40.7% over the same period, from $1.5M to $864K. Total functional expenses rose by 47.9%, from $121K to $179K. In its most recent filing year (2024), Village Of Hope Inc reported a deficit of $51K, with expenses exceeding revenue. The organization holds $32K in liabilities against $864K in assets (debt-to-asset ratio: 3.7%), resulting in net assets of $832K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $128K | $179K | $864K | $32K | — | — |
| 2023 | $110K | $161K | $917K | $35K | — | — |
| 2022 | $110K | $160K | $966K | $33K | — | View 990 |
| 2021 | $110K | $158K | $1.0M | $30K | — | View 990 |
| 2020 | $110K | $155K | $1.1M | $22K | — | View 990 |
| 2019 | $110K | $148K | $1.1M | $19K | — | View 990 |
| 2018 | $111K | $147K | $1.1M | $15K | — | View 990 |
| 2017 | $104K | $145K | $1.2M | $21K | — | View 990 |
| 2016 | $89K | $143K | $1.2M | $27K | — | View 990 |
| 2015 | $90K | $142K | $1.3M | $19K | — | View 990 |
| 2014 | $90K | $139K | $1.3M | $20K | — | View 990 |
| 2013 | $89K | $140K | $1.4M | $19K | — | View 990 |
| 2012 | $90K | $135K | $1.4M | $15K | — | View 990 |
| 2011 | $69K | $121K | $1.5M | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $128K, expenses of $179K, and assets of $864K (revenue +16.4% year-over-year).
- 2023: Revenue of $110K, expenses of $161K, and assets of $917K (revenue -0.1% year-over-year).
- 2022: Revenue of $110K, expenses of $160K, and assets of $966K (revenue +0.2% year-over-year).
- 2021: Revenue of $110K, expenses of $158K, and assets of $1.0M (revenue -0.2% year-over-year).
- 2020: Revenue of $110K, expenses of $155K, and assets of $1.1M (revenue +0.0% year-over-year).
- 2019: Revenue of $110K, expenses of $148K, and assets of $1.1M (revenue -0.3% year-over-year).
- 2018: Revenue of $111K, expenses of $147K, and assets of $1.1M (revenue +6.0% year-over-year).
- 2017: Revenue of $104K, expenses of $145K, and assets of $1.2M (revenue +17.0% year-over-year).
- 2016: Revenue of $89K, expenses of $143K, and assets of $1.2M (revenue -0.7% year-over-year).
- 2015: Revenue of $90K, expenses of $142K, and assets of $1.3M (revenue +0.1% year-over-year).
- 2014: Revenue of $90K, expenses of $139K, and assets of $1.3M (revenue +0.2% year-over-year).
- 2013: Revenue of $89K, expenses of $140K, and assets of $1.4M (revenue -0.2% year-over-year).
- 2012: Revenue of $90K, expenses of $135K, and assets of $1.4M (revenue +29.6% year-over-year).
- 2011: Revenue of $69K, expenses of $121K, and assets of $1.5M.
Data Sources and Methodology
This transparency report for Village Of Hope 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.