We Have This Hope Christian Radio Inc

Christian Radio Station Shows Asset Growth Amidst Fluctuating Revenues and Occasional Deficits

EIN: 201327810 · Park Rapids, MN · NTEE: X84 · Updated: 2026-03-28

$190KRevenue

$294KAssets

88/100Mission Score (Excellent)

X84

About We Have This Hope Christian Radio Inc

We Have This Hope Christian Radio Inc (EIN: 201327810) is a nonprofit organization based in Park Rapids, MN, classified under NTEE code X84. The organization reported total revenue of $190K and total assets of $294K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of We Have This Hope Christian Radio Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

We Have This Hope Christian Radio Inc demonstrates a generally stable financial position, with assets growing to $293,792. The organization's revenue has fluctuated over the years, with a notable dip to $152,587 in 2023 from a high of $257,864 in 2022. Expenses have also varied, reaching $194,333 in 2023, exceeding revenue for that period. This indicates a potential reliance on prior year surpluses or reserves to cover operational costs in some years.

The organization maintains a strong program focus, as evidenced by its NTEE code X84 (Radio, Television, and Publishing). With no reported officer compensation across all filings, it suggests a volunteer-driven leadership or very modest compensation not meeting reporting thresholds, which can contribute to lower administrative overhead. The consistent reporting of zero liabilities across all periods is a significant strength, indicating sound financial management and no outstanding debt.

Overall, while there are fluctuations in annual revenue and expenses, the organization's consistent asset growth and lack of liabilities point to a healthy financial foundation. The absence of officer compensation also suggests a commitment to directing resources towards its mission. However, the recent trend of expenses exceeding revenue, as seen in 2023, warrants monitoring to ensure long-term sustainability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates We Have This Hope Christian Radio Inc with a Mission Score of 88 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, We Have This Hope Christian Radio 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.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation above IRS reporting thresholds, suggesting a volunteer-led organization or very low compensation, which is highly efficient for a nonprofit of this size.

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 We Have This Hope Christian Radio Inc's IRS 990 filings:

Expenses exceeded revenue in 2023 ($194,333 vs. $152,587), indicating an operational deficit for that period.
Revenue has shown significant year-over-year fluctuations, making financial planning potentially challenging (e.g., $257,864 in 2022 down to $152,587 in 2023).

Strengths

The following positive indicators were identified for We Have This Hope Christian Radio Inc:

Consistent asset growth over the years, from $137,648 in 2014 to $293,792 currently.
Zero reported liabilities across all 12 filings, indicating excellent financial health and no debt.
0% officer compensation reported, suggesting a highly efficient, potentially volunteer-driven leadership.
Strong program focus, as implied by the NTEE code and the likely low administrative overhead due to no reported officer compensation.

Frequently Asked Questions about We Have This Hope Christian Radio Inc

Is We Have This Hope Christian Radio Inc a good charity?

Based on the available data, the organization appears to be a good charity. It has no reported liabilities, consistent asset growth, and zero officer compensation, indicating strong financial health and a commitment to its mission. However, recent years show expenses exceeding revenue, which should be monitored.

How does the organization manage its finances given fluctuating revenues?

The organization manages fluctuating revenues by maintaining a healthy asset base, which has grown to $293,792. In years where expenses exceed revenue, such as 2023 ($194,333 expenses vs. $152,587 revenue), it likely draws from these reserves or prior year surpluses. The consistent zero liabilities also suggest prudent financial management.

What is the trend in the organization's financial stability?

The organization shows a trend of increasing assets over time, from $137,648 in 2014 to $293,792 currently. While revenue and expenses fluctuate annually, the consistent growth in assets and zero liabilities indicate a stable and improving financial position overall, despite occasional operational deficits.

Filing History

IRS 990 filing history for We Have This Hope Christian Radio Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2023), We Have This Hope Christian Radio Inc's revenue has grown by 41.8%, moving from $108K to $153K. Total assets increased by 101% over the same period, from $127K to $256K. Total functional expenses rose by 99.8%, from $97K to $194K. In its most recent filing year (2023), We Have This Hope Christian Radio Inc reported a deficit of $42K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$153K	$194K	$256K	$0	—	—
2022	$258K	$155K	$160K	$0	—	—
2021	$198K	$149K	$195K	$0	—	—
2020	$125K	$129K	$145K	$0	—	—
2019	$157K	$129K	$149K	$0	—	View 990
2018	$120K	$138K	$121K	$0	—	View 990
2017	$146K	$114K	$138K	$0	—	View 990
2016	$71K	$92K	$105K	$0	—	View 990
2015	$83K	$94K	$126K	$0	—	View 990
2014	$111K	$111K	$138K	$0	—	View 990
2012	$108K	$108K	$127K	$0	—	View 990
2011	$108K	$97K	$127K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $153K, expenses of $194K, and assets of $256K (revenue -40.8% year-over-year).
2022: Revenue of $258K, expenses of $155K, and assets of $160K (revenue +30.0% year-over-year).
2021: Revenue of $198K, expenses of $149K, and assets of $195K (revenue +58.8% year-over-year).
2020: Revenue of $125K, expenses of $129K, and assets of $145K (revenue -20.6% year-over-year).
2019: Revenue of $157K, expenses of $129K, and assets of $149K (revenue +30.8% year-over-year).
2018: Revenue of $120K, expenses of $138K, and assets of $121K (revenue -17.8% year-over-year).
2017: Revenue of $146K, expenses of $114K, and assets of $138K (revenue +106.6% year-over-year).
2016: Revenue of $71K, expenses of $92K, and assets of $105K (revenue -14.5% year-over-year).
2015: Revenue of $83K, expenses of $94K, and assets of $126K (revenue -25.1% year-over-year).
2014: Revenue of $111K, expenses of $111K, and assets of $138K (revenue +2.5% year-over-year).
2012: Revenue of $108K, expenses of $108K, and assets of $127K (revenue +0.3% year-over-year).
2011: Revenue of $108K, expenses of $97K, and assets of $127K.

Data Sources and Methodology

This transparency report for We Have This Hope Christian Radio 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.