P โ€” Human ServicesEIN: 264468628ยท Ruling Year: 2009

Communities Of Hope Inc

Fenton, Michigan

B-Health Score
54B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

๐Ÿ’ฐ
$675K
Total Revenue
๐Ÿ“Š
$396K
Total Expenses
๐Ÿฆ
$10.2M
Net Assets
๐Ÿ“‹
$451K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1258.2%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+41.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
25.68
Net assets divided by total expenses
Liabilities-to-Assets
4.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$675,194โ†‘1258%$396,069โ†‘523%$10,621,158โ†‘1%
2022$49,714โ†“96%$63,552โ†‘163%$10,533,656โ†‘136%
2021$1,344,239โ†‘275%$24,141โ†‘49%$4,462,530โ†‘42%
2020-$770,116โ†“4594%$16,179โ†“8%$3,134,682โ†“19%
2019$17,137โ†“98%$17,584โ†‘84%$3,860,545
2018$767,231โ†“74%$9,537โ†“100%$3,841,542โ†“71%
2017$2,994,767โ†‘10%$3,285,898โ†‘58%$13,236,854โ†‘90%
2016$2,715,003โ†‘57%$2,078,567โ†“17%$6,966,055โ†“19%
2015$1,727,220โ†“7%$2,519,113โ†‘10%$8,645,304โ†“3%
2014$1,853,029โ†‘167%$2,287,642โ†‘208%$8,954,527โ†“3%
2013$694,702โ†‘253%$743,144โ†‘338%$9,217,698โ†‘928%
2012-$453,542โ†“286%$169,579โ†“59%$896,600โ†“38%
2011$244,065$418,663$1,438,924

Frequently Asked Questions

What does Communities Of Hope Inc do?โ–ผ

Communities Of Hope Inc is a human services nonprofit organization based in Michigan. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Communities Of Hope Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Communities Of Hope Inc has a score of 54/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Communities Of Hope Inc generate?โ–ผ

Communities Of Hope Inc reports $9.4M in annual revenue and holds $10.8M in total assets, based on IRS filings.

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Communities Of Hope Inc โ€” Fenton, MI | GiveScope