Communities Of Hope Inc
Fenton, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $675,194โ1258% | $396,069โ523% | $10,621,158โ1% | โ |
| 2022 | $49,714โ96% | $63,552โ163% | $10,533,656โ136% | โ |
| 2021 | $1,344,239โ275% | $24,141โ49% | $4,462,530โ42% | โ |
| 2020 | -$770,116โ4594% | $16,179โ8% | $3,134,682โ19% | โ |
| 2019 | $17,137โ98% | $17,584โ84% | $3,860,545 | โ |
| 2018 | $767,231โ74% | $9,537โ100% | $3,841,542โ71% | โ |
| 2017 | $2,994,767โ10% | $3,285,898โ58% | $13,236,854โ90% | โ |
| 2016 | $2,715,003โ57% | $2,078,567โ17% | $6,966,055โ19% | โ |
| 2015 | $1,727,220โ7% | $2,519,113โ10% | $8,645,304โ3% | โ |
| 2014 | $1,853,029โ167% | $2,287,642โ208% | $8,954,527โ3% | โ |
| 2013 | $694,702โ253% | $743,144โ338% | $9,217,698โ928% | โ |
| 2012 | -$453,542โ286% | $169,579โ59% | $896,600โ38% | โ |
| 2011 | $244,065 | $418,663 | $1,438,924 | โ |
Frequently Asked Questions
What does Communities Of Hope Inc do?โผ
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?โผ
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?โผ
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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