Hip-hope Inc is a 501(c)(3) organization based in Wdm, Iowa, registered in 2016, with $371,532 in FY2024 revenue. CharityIndex grades it C.
Revenue (FY2024)
$372K
▲ 134.5% vs prior year
Youth median: $163K
Expenses (FY2024)
$373K
Net assets
$1,328
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 Hip-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 Hip-hope Inc: 0 mo reserves · -0% 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 Hip-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 Hip-hope Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $84K (FY2016) to $372K (FY2024) across 8 reported years.
Financial snapshot
Operating margin
-0.3%
Spent more than it raised in the latest fiscal year.
Total assets
$1,328
Total liabilities
$0
Net assets
$1,328
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $371,532▲135% | $372,662▲107% | $1,328▼46.0% | $1,328▼46.0% | 990 |
| 2023 | $158,432▼51.2% | $179,674▼46.0% | $2,458▼89.6% | $2,458▼89.6% | 990 |
| 2022 | $324,571▲116% | $332,978▲75.4% | $23,700▼26.2% | $23,700▼26.2% | 990 |
| 2021 | $150,559▲23.6% | $189,879▲76.0% | $32,107▼55.0% | $32,107▼55.0% | 990EZ |
| 2020 | $121,815▼20.4% | $107,878▼11.3% | $71,427▲31.0% | $71,427▲31.0% | 990EZ |
| 2019 | $153,071▲222% | $121,600▲172% | $54,509▲147% | $54,509▲147% | 990EZ |
| 2017 | $47,527▼43.7% | $44,655▼31.4% | $22,075▲13.7% | $22,075▲13.7% | 990EZ |
| 2016 | $84,479 | $65,061 | $19,418 | $19,418 | 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.
14 grants to Hip-hope Inc totaling $300K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Fdn of Greater Des Moines | Operating grant cycle 2024 - first quarter payment | 2024 | $16,100 |
| American Online Giving Foundation Inc | General support | 2024 | $10,499 |
| Charities Aid Foundation America | Charitable donation | 2024 | $9,797 |
| American Online Giving Foundation Inc | General support | 2023 | $50,663 |
| Prairie Meadows Race Track & Casino Inc | Sponsorship | 2023 | $25,000 |
| Prairie Meadows Race Track & Casino Inc | Music saves | 2023 | $10,000 |
| American Online Giving Foundation Inc | General support | 2022 | $71,350 |
| Community Fdn of Greater Des Moines | Partial grant disbursement from microsoft for gener8tor skills project. | 2022 | $33,700 |
| Community Fdn of Greater Des Moines | Grant distribution for lumena energy academy | 2022 | $20,000 |
| Community Fdn of Greater Des Moines | Arts and culture program grant | 2022 | $9,750 |
| Community Fdn of Greater Des Moines | Grant distribution | 2021 | $15,000 |
| Community Fdn of Greater Des Moines | Grant distribution | 2020 | $16,000 |
| Community Fdn of Greater Des Moines | Grant distribution for microsoft cef | 2020 | $10,000 |
| Community Fdn of Greater Des Moines | Service delivery shifts | 2020 | $2,500 |
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Data for Hip-hope Inc (EIN 46-4735234) 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.