Hopeful Beginnings
Grand Forks, North Dakota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
8 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,941,176โ30% | $2,913,840โ10% | $2,633,392โ3% | |
| 2022 | $2,266,681โ66% | $2,637,111โ98% | $2,726,079โ126% | โ |
| 2021 | $1,362,899โ11% | $1,332,584โ21% | $1,205,162โ273% | โ |
| 2020 | $1,231,870โ26% | $1,103,105โ18% | $322,939โ59% | โ |
| 2019 | $976,063โ39% | $938,471โ36% | $203,063โ41% | โ |
| 2018 | $704,479โ23% | $689,207โ22% | $143,927โ96% | โ |
| 2017 | $574,070โ38% | $566,304โ36% | $73,587โ21% | โ |
| 2016 | $415,932 | $416,407 | $92,751 | โ |
Frequently Asked Questions
What does Hopeful Beginnings do?โผ
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?โผ
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?โผ
Hopeful Beginnings reports $3.3M in annual revenue and holds $2.9M in total assets, based on IRS filings.
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