Zams Hope Community Resources Cente
EIN: 364402668 · Chicago, IL · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $757K |
| Total Expenses | $162K |
| Net Assets | $156K |
Is Zams Hope Community Resources Cente Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Zams Hope Community Resources Cente
Zams Hope Community Resources Cente (EIN: 364402668) is a nonprofit organization based in Chicago, IL, classified under NTEE code S20. The organization reported total revenue of $757K and total assets of $365K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Zams Hope Community Resources Cente's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Zams Hope Community Resources Cente is a small nonprofit that has been operating for 2 years, with 13 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of 2.7%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $159K |
| Total Expenses | $162K |
| Surplus / Deficit | $-2,900 |
| Total Assets | $199K |
| Total Liabilities | $43K |
| Net Assets | $156K |
| Operating Margin | -1.8% |
| Debt-to-Asset Ratio | 21.6% |
| Months of Reserves | 14.8 months |
Financial Health Grade: B
In 2022, Zams Hope Community Resources Cente reported a deficit of $3K with expenses exceeding revenue, holds 14.8 months of operating reserves (strong position), has a debt-to-asset ratio of 21.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2010–2022), Zams Hope Community Resources Cente's revenue has grown at a compound annual growth rate (CAGR) of 2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -16.5% | -13.3% | +4152.9% |
| 2021 | -2.5% | -5.8% | +283.8% |
| 2020 | +19.6% | +46.1% | -69.5% |
| 2019 | -0.7% | -21.4% | -3.8% |
| 2018 | -8.5% | -14.3% | -70.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Zams Hope Community Resources Cente 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 Zams Hope Community Resources Cente 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 21.6%.
Frequently Asked Questions about Zams Hope Community Resources Cente
Is Zams Hope Community Resources Cente a legitimate charity?
Zams Hope Community Resources Cente (EIN: 364402668) is a registered tax-exempt nonprofit based in Illinois. It has 13 years of IRS 990 filings on record. Total revenue: $757K. No red flags identified. Financial health grade: B.
How does Zams Hope Community Resources Cente spend its money?
Zams Hope Community Resources Cente reported $757K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Zams Hope Community Resources Cente tax-deductible?
Zams Hope Community Resources Cente is registered as a tax-exempt nonprofit (EIN: 364402668). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Zams Hope Community Resources Cente located?
Zams Hope Community Resources Cente is headquartered in Chicago, Illinois and files with the IRS under EIN 364402668. It is classified under NTEE code S20.
How many years of IRS 990 filings does Zams Hope Community Resources Cente have?
Zams Hope Community Resources Cente 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 $757K in total revenue.
Filing History
IRS 990 filing history for Zams Hope Community Resources Cente showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2022), Zams Hope Community Resources Cente's revenue has grown by 38.4%, moving from $115K to $159K. Total assets increased by 5552.1% over the same period, from $4K to $199K. Total functional expenses rose by 35.7%, from $119K to $162K. In its most recent filing year (2022), Zams Hope Community Resources Cente reported a deficit of $3K, with expenses exceeding revenue. The organization holds $43K in liabilities against $199K in assets (debt-to-asset ratio: 21.6%), resulting in net assets of $156K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $159K | $162K | $199K | $43K | — | — |
| 2021 | $190K | $186K | $5K | $0 | — | — |
| 2020 | $195K | $198K | $1K | $0 | — | — |
| 2019 | $163K | $135K | $4K | $0 | — | View 990 |
| 2018 | $164K | $172K | $4K | $0 | — | View 990 |
| 2017 | $179K | $201K | $14K | $0 | — | View 990 |
| 2016 | $116K | $83K | $35K | $341 | — | View 990 |
| 2015 | $94K | $92K | $1K | $0 | — | View 990 |
| 2014 | $102K | $106K | $8K | $9K | — | View 990 |
| 2013 | $162K | $163K | $3K | $29K | — | View 990 |
| 2012 | $152K | $138K | $26K | $53K | — | View 990 |
| 2011 | $143K | $140K | $7K | $47K | — | View 990 |
| 2010 | $115K | $119K | $4K | $47K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $159K, expenses of $162K, and assets of $199K (revenue -16.5% year-over-year).
- 2021: Revenue of $190K, expenses of $186K, and assets of $5K (revenue -2.5% year-over-year).
- 2020: Revenue of $195K, expenses of $198K, and assets of $1K (revenue +19.6% year-over-year).
- 2019: Revenue of $163K, expenses of $135K, and assets of $4K (revenue -0.7% year-over-year).
- 2018: Revenue of $164K, expenses of $172K, and assets of $4K (revenue -8.5% year-over-year).
- 2017: Revenue of $179K, expenses of $201K, and assets of $14K (revenue +54.4% year-over-year).
- 2016: Revenue of $116K, expenses of $83K, and assets of $35K (revenue +24.3% year-over-year).
- 2015: Revenue of $94K, expenses of $92K, and assets of $1K (revenue -8.5% year-over-year).
- 2014: Revenue of $102K, expenses of $106K, and assets of $8K (revenue -37.0% year-over-year).
- 2013: Revenue of $162K, expenses of $163K, and assets of $3K (revenue +6.7% year-over-year).
- 2012: Revenue of $152K, expenses of $138K, and assets of $26K (revenue +6.3% year-over-year).
- 2011: Revenue of $143K, expenses of $140K, and assets of $7K (revenue +24.9% year-over-year).
- 2010: Revenue of $115K, expenses of $119K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Zams Hope Community Resources Cente:
Data Sources and Methodology
This transparency report for Zams Hope Community Resources Cente 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.