Project New Hope Inc
Worcester, Massachusetts
B+Health Score
70B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$670K
Total Revenue
📊
$649K
Total Expenses
🏦
$503K
Net Assets
📋
$6K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+2.2%
Year-over-year change (2022 → 2023)
Net Margin
+3.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.77
Net assets divided by total expenses
Liabilities-to-Assets
1.2%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $670,112↑2% | $649,112↑11% | $509,184↑11% | |
| 2022 | $655,648↑73% | $585,384↑151% | $459,804↑10% | — |
| 2021 | $379,012↑41% | $232,765↑21% | $417,074↑39% | — |
| 2020 | $269,079↓11% | $192,028↓21% | $300,347↑22% | — |
| 2019 | $303,457↓19% | $242,167↓33% | $247,199↑33% | — |
| 2018 | $372,453↑188% | $362,109↑122% | $185,909↑5% | — |
| 2017 | $129,395↓23% | $163,170↑35% | $177,779↓16% | — |
| 2016 | $168,782↓8% | $121,202↓2% | $211,554↑29% | — |
| 2015 | $183,452↑131% | $123,972↑177% | $163,974↑57% | — |
| 2014 | $79,380↑33% | $44,757↓25% | $104,494↑50% | — |
| 2014 | $59,835↓34% | $59,561↑17% | $69,871 | — |
| 2013 | $90,730↑119% | $50,719↑48% | $69,597↑135% | — |
| 2012 | $41,521 | $34,273 | $29,586 | — |
Frequently Asked Questions
What does Project New Hope Inc do?▼
Project New Hope Inc is a public & societal benefit nonprofit organization based in Massachusetts. It is classified under NTEE code W30 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Project New Hope Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Project New Hope Inc.
How much revenue does Project New Hope Inc generate?▼
Project New Hope Inc reports $954K in annual revenue and holds $633K in total assets, based on IRS filings.
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