P โ€” Human ServicesEIN: 474743347ยท 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

๐Ÿ’ฐ
$2.9M
Total Revenue
๐Ÿ“Š
$2.9M
Total Expenses
๐Ÿฆ
-$16K
Net Assets
๐Ÿ“‹
$2.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+29.8%
Year-over-year change (2022 โ†’ 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$2,941,176โ†‘30%$2,913,840โ†‘10%$2,633,392โ†“3%
2022$2,266,681โ†‘66%$2,637,111โ†‘98%$2,726,079โ†‘126%
2021$1,362,899โ†‘11%$1,332,584โ†‘21%$1,205,162โ†‘273%
2020$1,231,870โ†‘26%$1,103,105โ†‘18%$322,939โ†‘59%
2019$976,063โ†‘39%$938,471โ†‘36%$203,063โ†‘41%
2018$704,479โ†‘23%$689,207โ†‘22%$143,927โ†‘96%
2017$574,070โ†‘38%$566,304โ†‘36%$73,587โ†“21%
2016$415,932$416,407$92,751

Frequently Asked Questions

What does Hopeful Beginnings do?โ–ผ

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?โ–ผ

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?โ–ผ

Hopeful Beginnings reports $3.3M in annual revenue and holds $2.9M in total assets, based on IRS filings.

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Hopeful Beginnings โ€” Grand Forks, ND | GiveScope