Beats 4 Hope Inc is a 501(c)(3) organization based in Fremont, California, registered in 2017, with $41,781 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$42K
▲ 75.4% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$49K
Net assets
$3,820
Employees
—
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 Beats 4 Hope Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Beats 4 Hope Inc: 1 mo reserves · -17% margin earns a C+ on this criterion. See the exact thresholds →
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 Beats 4 Hope Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Beats 4 Hope Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $44K (FY2018) to $42K (FY2023) across 6 reported years.
Financial snapshot
Operating margin
-16.8%
Spent more than it raised in the latest fiscal year.
Total assets
$25K
Total liabilities
$21K
Net assets
$3,820
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $41,781▲75.4% | $48,803▲177% | $3,820▼64.8% | $24,895▲84.1% | 990EZ |
| 2022 | $23,815▼59.0% | $17,632▼65.9% | $10,842▲133% | $13,524▲71.6% | 990EZ |
| 2021 | $58,134▲60.2% | $51,680▲34.7% | $4,659▲360% | $7,881▲79.3% | 990EZ |
| 2020 | $36,292▲612% | $38,360▲920% | -$1,795▼104% | $4,396▼89.5% | 990 |
| 2019 | $5,100▼88.4% | $3,762▼84.5% | $41,976▲3.3% | $41,976▲3.3% | 990EZ |
| 2018 | $43,975 | $24,210 | $40,638 | $40,638 | 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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Data for Beats 4 Hope Inc (EIN 81-5361261) 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.