LHousing & ShelterEIN: 593590360· Ruling Year: 1999

Operation New Hope

Jacksonville, Florida

B+Health Score
71B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 3 peers in Housing & Shelter with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.41×
Peer Median12.01×
💰
$9.1M
Total Revenue
📊
$9.1M
Total Expenses
🏦
$3.7M
Net Assets
📋
$1.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+40.7%
Year-over-year change (2022 → 2023)
Net Margin
+0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.41
Net assets divided by total expenses
Liabilities-to-Assets
26.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$9,130,64041%$9,127,83831%$5,108,9474%
2022$6,488,91817%$6,953,94850%$4,924,9737%
2021$5,553,31417%$4,622,92810%$4,588,99926%
2020$4,761,38813%$4,189,4123%$3,656,21939%
2019$4,221,62618%$4,302,08512%$5,964,5902%
2018$3,583,96318%$3,831,2887%$6,056,2427%
2017$4,374,00830%$4,134,96542%$6,516,08812%
2016$3,366,4686%$2,907,6074%$5,801,07111%
2015$3,182,40534%$3,018,3924%$5,209,354
2014$4,803,2417%$2,897,68922%$5,199,12268%
2013$4,475,350112%$3,719,75288%$3,085,58432%
2012$2,112,33810%$1,976,2296%$2,333,4856%
2011$1,914,924$2,106,256$2,200,307

Frequently Asked Questions

What does Operation New Hope do?

Operation New Hope is a housing & shelter nonprofit organization based in Florida. It is classified under NTEE code L20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Operation New Hope financially healthy?

Based on our 9-metric Financial Health Score model, Operation New Hope has a score of 71/100 (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 Operation New Hope generate?

Operation New Hope reports $13.9M in annual revenue and holds $7.6M in total assets, based on IRS filings.

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