P โ€” Human ServicesEIN: 874331334ยท Ruling Year: 2022

Hope Initiative Inc

Mayfield, Kentucky

B-Health Score
46B-

Financial Health Score

Provisional

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

Average

๐Ÿ’ฐ
$1.9M
Total Revenue
๐Ÿ“Š
$129K
Total Expenses
๐Ÿฆ
$1.8M
Net Assets
๐Ÿ“‹
-$26K
Total Liabilities

Financial Health Indicators

Net Margin
+93.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
13.84
Net assets divided by total expenses
Liabilities-to-Assets
-1.5%
Total liabilities as % of total assets

Filing History

1 filings on record
YearRevenueExpensesAssets
2022$1,908,832$128,655$1,754,025

Frequently Asked Questions

What does Hope Initiative Inc do?โ–ผ

Hope Initiative Inc is a human services nonprofit organization based in Kentucky. It is classified under NTEE code P20 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hope Initiative Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Hope Initiative Inc has a score of 46/100 (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 Hope Initiative Inc generate?โ–ผ

Hope Initiative Inc reports $6.1M in annual revenue and holds $8.1M in total assets, based on IRS filings.

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Hope Initiative Inc โ€” Mayfield, KY | GiveScope