Women Of My Hope Inc
Women Of My Hope Inc shows fluctuating revenues and expenses, with no reported officer compensation.
EIN: 208389117 · Madisonville, LA · NTEE: P60 · Updated: 2026-03-28
Is Women Of My Hope Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Women Of My Hope Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Women Of My Hope Inc
Women Of My Hope Inc (EIN: 208389117) is a nonprofit organization based in Madisonville, LA, classified under NTEE code P60. The organization reported total revenue of $292K and total assets of $185K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Women Of My 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 Women Of My 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, Women Of My 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 consistently reported at 0% across all available filings, indicating that officers are not directly compensated or are compensated through non-officer roles, which is a strong positive for an organization of its size (latest revenue $292,323).
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 Women Of My Hope Inc's IRS 990 filings:
- Expenses exceeded revenue in multiple periods (e.g., 2022, 2017, 2015, 2013), indicating potential operational deficits.
- Significant fluctuation in annual revenue and assets, which could suggest inconsistent funding or program activity.
Strengths
The following positive indicators were identified for Women Of My Hope Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating a strong commitment to directing funds to the mission.
- Generally low liabilities, often at $0, suggesting good financial management and minimal debt.
- Long history of IRS 990 filings (12 filings), demonstrating consistent regulatory compliance and transparency.
- Substantial asset base, reaching $443,140 in 2021, providing a buffer for operations.
Frequently Asked Questions about Women Of My Hope Inc
Is Women Of My Hope Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Women Of My Hope Inc (EIN: 208389117) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Women Of My Hope Inc spend its money?
Women Of My Hope Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Women Of My Hope Inc tax-deductible?
Women Of My Hope Inc is registered as a tax-exempt nonprofit (EIN: 208389117). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed functional expense breakdown, making it difficult to precisely determine the allocation of funds across these categories. Further analysis of the full 990 forms would be required.
How does Women Of My Hope Inc manage periods where expenses exceed revenue?
In several periods, such as 2022 and 2017, expenses surpassed revenue. The organization likely draws from its asset reserves or seeks additional funding to cover these deficits, as liabilities have generally remained low.
What caused the significant revenue increase in 2021 to $481,054?
The data does not specify the reason for the substantial revenue increase in 2021. This could be due to a large grant, a successful fundraising campaign, or an increase in program service revenue.
Filing History
IRS 990 filing history for Women Of My Hope Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Women Of My Hope Inc's revenue has grown by 178.2%, moving from $88K to $245K. Total assets increased by 4661.9% over the same period, from $8K to $393K. Total functional expenses rose by 250.1%, from $82K to $289K. In its most recent filing year (2022), Women Of My Hope Inc reported a deficit of $43K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $245K | $289K | $393K | $0 | — | — |
| 2021 | $481K | $214K | $443K | $7K | — | View 990 |
| 2020 | $175K | $142K | $191K | $21K | — | View 990 |
| 2019 | $183K | $182K | $147K | $11K | — | View 990 |
| 2018 | $197K | $148K | $77K | $0 | — | View 990 |
| 2017 | $140K | $163K | $36K | $7K | — | View 990 |
| 2016 | $150K | $156K | $51K | $0 | — | View 990 |
| 2015 | $171K | $202K | $60K | $2K | — | View 990 |
| 2014 | $162K | $164K | $89K | $229 | — | View 990 |
| 2013 | $89K | $148K | $99K | $9K | — | View 990 |
| 2012 | $260K | $119K | $149K | $0 | — | View 990 |
| 2011 | $88K | $82K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $245K, expenses of $289K, and assets of $393K (revenue -49.0% year-over-year).
- 2021: Revenue of $481K, expenses of $214K, and assets of $443K (revenue +175.3% year-over-year).
- 2020: Revenue of $175K, expenses of $142K, and assets of $191K (revenue -4.4% year-over-year).
- 2019: Revenue of $183K, expenses of $182K, and assets of $147K (revenue -7.4% year-over-year).
- 2018: Revenue of $197K, expenses of $148K, and assets of $77K (revenue +40.5% year-over-year).
- 2017: Revenue of $140K, expenses of $163K, and assets of $36K (revenue -6.2% year-over-year).
- 2016: Revenue of $150K, expenses of $156K, and assets of $51K (revenue -12.4% year-over-year).
- 2015: Revenue of $171K, expenses of $202K, and assets of $60K (revenue +5.4% year-over-year).
- 2014: Revenue of $162K, expenses of $164K, and assets of $89K (revenue +83.4% year-over-year).
- 2013: Revenue of $89K, expenses of $148K, and assets of $99K (revenue -65.9% year-over-year).
- 2012: Revenue of $260K, expenses of $119K, and assets of $149K (revenue +194.5% year-over-year).
- 2011: Revenue of $88K, expenses of $82K, and assets of $8K.
Data Sources and Methodology
This transparency report for Women Of My 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.