N โ€” Recreation & SportsEIN: 812681890ยท Ruling Year: 2017

Hope Floats Foundation Inc

Woodbridge, Virginia

B+Health Score
66B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$504K
Total Revenue
๐Ÿ“Š
$492K
Total Expenses
๐Ÿฆ
$412K
Net Assets
๐Ÿ“‹
$9K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+30.0%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+2.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.84
Net assets divided by total expenses
Liabilities-to-Assets
2.3%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$504,083โ†‘30%$492,460โ†‘42%$421,097โ†‘5%
2022$387,795โ†“3%$346,406โ†‘53%$400,542โ†‘11%
2021$398,412โ†‘47%$225,750โ†‘28%$359,609โ†‘94%
2020$271,194โ†‘65%$177,049โ†‘17%$185,679โ†‘105%
2019$164,691$151,046$90,791

Frequently Asked Questions

What does Hope Floats Foundation Inc do?โ–ผ

Hope Floats Foundation Inc is a recreation & sports nonprofit organization based in Virginia. It is classified under NTEE code N67 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hope Floats Foundation Inc financially healthy?โ–ผ

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Hope Floats Foundation Inc.

How much revenue does Hope Floats Foundation Inc generate?โ–ผ

Hope Floats Foundation Inc reports $745K in annual revenue and holds $570K in total assets, based on IRS filings.

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Hope Floats Foundation Inc โ€” Woodbridge, VA | GiveScope