A Ray of Hope Support Network
Only null% goes to programs Strong reserves Declining revenue
A Ray of Hope Support Network is a 501(c)(3) organization based in Myakka City, Florida, registered in 2017, with $1 in FY2023 revenue. CharityIndex grades it D.
29607 Saddlebag Trl, Myakka City, FL, 34251 EIN 82-1375794 Since 2017
Revenue (FY2023)
$1
▼ 96.4% vs prior year
Human Services median: $293K
Expenses (FY2023)
$970
Net assets
$958
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for A Ray of Hope Support Network— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating12 mo reserves · -96900% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For A Ray of Hope Support Network: 12 mo reserves · -96900% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for A Ray of Hope Support Network— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For A Ray of Hope Support Network: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 29607 Saddlebag Trl, Myakka City, FL, 34251
- City
- Myakka City
- State
- Florida
- Category
- Human Services
- Subcategory
- Human Service Organizations
- Website
- …
Financial trends
Revenue declined from $4,818 (FY2018) to $1 (FY2023) across 6 reported years.
Financial snapshot
Financial health & position (FY2023)
Operating margin
-96900.0%
Spent more than it raised in the latest fiscal year.
Total assets
$958
Net assets
$958
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1▼96.4% | $970▼37.6% | $958▼50.3% | $958▼50.3% | 990EZ |
| 2022 | $28▼94.4% | $1,554▲17.5% | $1,927▼44.2% | $1,927▼44.2% | 990EZ |
| 2021 | $496▼64.1% | $1,322▼46.2% | $3,453▼19.3% | $3,453▼19.3% | 990EZ |
| 2020 | $1,382▼65.2% | $2,458▼3.0% | $4,279▼20.1% | $4,279▼20.1% | 990EZ |
| 2019 | $3,969▼17.6% | $2,535▲75.4% | $5,355▲36.6% | $5,355▲33.2% | 990EZ |
| 2018 | $4,818 | $1,445 | $3,921 | $4,021 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is A Ray of Hope Support Network a legitimate nonprofit?
- Yes. A Ray of Hope Support Network is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-1375794, based in Myakka City, Florida. Donations are tax-deductible.
- What is A Ray of Hope Support Network's EIN?
- A Ray of Hope Support Network's Employer Identification Number (EIN) is 82-1375794.
- How much revenue does A Ray of Hope Support Network report?
- A Ray of Hope Support Network reported $1 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does A Ray of Hope Support Network have?
- CharityIndex grades A Ray of Hope Support Network D, based on financial health (reserves and operating margin).
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Data for A Ray of Hope Support Network (EIN 82-1375794) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.