PHuman ServicesEIN: 461490170· Ruling Year: 2013

High Socks For Hope Inc

Northport, Alabama

BHealth Score
61B

Financial Health Score

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

Above Average

💰
$1.5M
Total Revenue
📊
$1.2M
Total Expenses
🏦
$1.1M
Net Assets
📋
$10K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+19.4%
Year-over-year change (2021 → 2022)
Net Margin
+21.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.88
Net assets divided by total expenses
Liabilities-to-Assets
1.0%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2022$1,530,54319%$1,201,26915%$1,066,03743%
2021$1,281,52315%$1,043,50135%$745,29449%
2020$1,499,136$1,613,02949%$499,41819%
2019$1,498,916221%$1,081,472120%$617,517214%
2018$467,0277%$490,78627%$196,60511%
2017$436,47654%$385,36785%$220,02928%
2016$282,565150%$208,68839%$172,022103%
2015$112,91928%$150,38139%$84,94131%
2014$155,87756%$246,57274%$122,40342%
2013$353,485$141,8352286%$211,650
2012$0$5,944$0

Frequently Asked Questions

What does High Socks For Hope Inc do?

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

Is High Socks For Hope Inc financially healthy?

Based on our 9-metric Financial Health Score model, High Socks For Hope Inc has a score of 61/100 (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 High Socks For Hope Inc generate?

High Socks For Hope Inc reports $2.7M in annual revenue and holds $1.8M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Human Services category, or browse all nonprofits in Alabama.