P — Human ServicesEIN: 474743347· Ruling Year: 2017

Hopeful Beginnings

Grand Forks, North Dakota

BHealth Score
55B

Financial Health Score

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

Above Average

💰
$2.9M
Total Revenue
📊
$2.9M
Total Expenses
🏦
-$16K
Net Assets
📋
$2.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+29.8%
Year-over-year change (2022 → 2023)
Net Margin
+0.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
-0.01
Net assets divided by total expenses
Liabilities-to-Assets
100.6%
Total liabilities as % of total assets

Filing History

8 filings on record
YearRevenueExpensesAssets
2023$2,941,176↑30%$2,913,840↑10%$2,633,392↓3%
2022$2,266,681↑66%$2,637,111↑98%$2,726,079↑126%
2021$1,362,899↑11%$1,332,584↑21%$1,205,162↑273%
2020$1,231,870↑26%$1,103,105↑18%$322,939↑59%
2019$976,063↑39%$938,471↑36%$203,063↑41%
2018$704,479↑23%$689,207↑22%$143,927↑96%
2017$574,070↑38%$566,304↑36%$73,587↓21%
2016$415,932$416,407$92,751

Frequently Asked Questions

What does Hopeful Beginnings do?▼

Hopeful Beginnings is a human services nonprofit organization based in North Dakota. It is classified under NTEE code P33 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hopeful Beginnings financially healthy?▼

Based on our 9-metric Financial Health Score model, Hopeful Beginnings has a score of 55/100 (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 Hopeful Beginnings generate?▼

Hopeful Beginnings reports $3.6M in annual revenue and holds $3.1M in total assets, based on IRS filings.

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