Villages Of Hope Inc
EIN: 372003812 · Jacksonville, FL · NTEE: P99
| Metric | Value |
|---|---|
| Total Revenue | $595K |
| Total Expenses | $183K |
| Net Assets | $147K |
Is Villages Of Hope Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Villages Of Hope Inc
Villages Of Hope Inc (EIN: 372003812) is a nonprofit organization based in Jacksonville, FL, classified under NTEE code P99. The organization reported total revenue of $595K and total assets of $536K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Villages Of Hope Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Villages Of Hope Inc is a small nonprofit that has been operating for 5 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 112.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $238K |
| Total Expenses | $183K |
| Surplus / Deficit | +$55K |
| Total Assets | $147K |
| Net Assets | $147K |
| Operating Margin | 23.3% |
| Months of Reserves | 9.6 months |
Financial Health Grade: A
In 2023, Villages Of Hope Inc reported a surplus of $55K with revenue exceeding expenses, holds 9.6 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Villages Of Hope Inc's revenue has grown at a compound annual growth rate (CAGR) of 112.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.5% | +34.9% | +60.7% |
| 2022 | +275.5% | +479.3% | +212.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Villages Of Hope 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 Villages Of Hope 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 $55K, with revenue exceeding expenses.
Frequently Asked Questions about Villages Of Hope Inc
Is Villages Of Hope Inc a legitimate charity?
Villages Of Hope Inc (EIN: 372003812) is a registered tax-exempt nonprofit based in Florida. It has 3 years of IRS 990 filings on record. Total revenue: $595K. No red flags identified. Financial health grade: A.
How does Villages Of Hope Inc spend its money?
Villages Of Hope Inc reported $595K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Villages Of Hope Inc tax-deductible?
Villages Of Hope Inc is registered as a tax-exempt nonprofit (EIN: 372003812). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Villages Of Hope Inc located?
Villages Of Hope Inc is headquartered in Jacksonville, Florida and files with the IRS under EIN 372003812. It is classified under NTEE code P99.
How many years of IRS 990 filings does Villages Of Hope Inc have?
Villages Of Hope 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 $595K in total revenue.
Filing History
IRS 990 filing history for Villages Of Hope Inc showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Villages Of Hope Inc's revenue has grown by 352.6%, moving from $53K to $238K. Total assets increased by 402.2% over the same period, from $29K to $147K. Total functional expenses rose by 681.4%, from $23K to $183K. In its most recent filing year (2023), Villages Of Hope Inc reported a surplus of $55K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $238K | $183K | $147K | $0 | — | View 990 |
| 2022 | $197K | $135K | $91K | $0 | — | View 990 |
| 2021 | $53K | $23K | $29K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $238K, expenses of $183K, and assets of $147K (revenue +20.5% year-over-year).
- 2022: Revenue of $197K, expenses of $135K, and assets of $91K (revenue +275.5% year-over-year).
- 2021: Revenue of $53K, expenses of $23K, and assets of $29K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Villages Of Hope Inc:
Data Sources and Methodology
This transparency report for Villages 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.