Hope Inc
Only null% goes to programs Strong reserves Growing revenue
Hope Inc is a 501(c)(3) organization based in Moorhead, Minnesota, registered in 1992, with $433,334 in FY2024 revenue. CharityIndex grades it B.
810 4th Ave S Ste 140, Moorhead, MN, 56560 EIN 45-0425106 Since 1992
Revenue (FY2024)
$433K
▼ 6.1% vs prior year
Unknown median: $232K
Expenses (FY2024)
$309K
Net assets
$954K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 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 →
AFinancial health25% of the rating37 mo reserves · +29% 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 Hope Inc: 37 mo reserves · +29% margin earns a A 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 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 →
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 Hope Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 810 4th Ave S Ste 140, Moorhead, MN, 56560
- City
- Moorhead
- State
- Minnesota
- Category
- Unknown
- Subcategory
- Unknown — other (Z9x)
- Website
- …
Financial trends
Revenue grew from $71K (FY2010) to $433K (FY2024) across 13 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $3,593Net assets $954K
Operating margin
28.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$958K
Total liabilities
$3,593
Net assets
$954K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $433,334▼6.1% | $308,787▲18.8% | $953,913▲15.9% | $957,506▲15.8% | 990 |
| 2023 | $461,270▲27.0% | $259,829▲8.8% | $823,359▲32.4% | $826,622▲32.2% | 990 |
| 2022 | $363,278▲1.0% | $238,838 | $621,918▲25.0% | $625,103▲25.4% | 990 |
| 2021 | $359,623▲11.1% | $238,821▼0.2% | $497,478▲32.1% | $498,384▲20.1% | 990 |
| 2020 | $323,591▲22.7% | $239,224▼14.6% | $376,676▲28.9% | $414,810▲41.2% | 990 |
| 2019 | $263,701▲15.3% | $280,067▲41.0% | $292,309▼5.3% | $293,775▼6.0% | 990 |
| 2018 | $228,760▲10.1% | $198,631▲11.4% | $308,675▲10.8% | $312,683▲11.3% | 990 |
| 2017 | $207,684▼9.4% | $178,351▲7.3% | $278,546▲11.8% | $280,950▲11.9% | 990 |
| 2016 | $229,257▲48.5% | $166,261▼6.9% | $249,213▲33.8% | $250,997▲33.9% | 990 |
| 2015 | $154,400▲45.6% | $178,655▲51.4% | $186,217▼11.5% | $187,382▼11.9% | 990 |
| 2014 | $106,027▼6.5% | $118,030▲11.6% | $210,470▼5.4% | $212,784▼15.3% | 990 |
| 2013 | $113,363 | $105,744▲9.6% | $222,473▲3.5% | $251,322▲16.4% | 990 |
| 2012 | — | $96,516▲3.0% | $214,854▲22.2% | $215,857▲22.4% | 990 |
| 2011 | — | $93,683▲30.8% | $175,795▲19.3% | $176,359▲18.9% | 990 |
| 2010 | $71,315 | $71,626 | $147,413 | $148,351 | 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.
Grants received · $225K total
16 grants to Hope Inc totaling $225K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $88,651 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $10,000 |
| Raymond James Charitable Endowment Fund | General support | 2023 | $10,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2022 | $10,000 |
| Raymond James Charitable Endowment Fund | General support | 2022 | $10,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2021 | $10,000 |
| Innovis Health LLC | Program support | 2021 | $5,500 |
| Raymond James Charitable Endowment Fund | General use and/or special fund/project | 2020 | $10,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2020 | $10,000 |
| Raymond James Charitable Endowment Fund | General use and/or special fund/project | 2020 | $10,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2020 | $10,000 |
| Raymond James Charitable Endowment Fund | General use and/or special fund/project | 2019 | $10,000 |
| Sanford | Donation to group that provides sports/health to children that are disabled along with their families | 2019 | $6,000 |
| Raymond James Charitable Endowment Fund | General use | 2018 | $10,000 |
| Raymond James Charitable Endowment Fund | General use | 2017 | $5,000 |
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Frequently asked questions
- Is Hope Inc a legitimate nonprofit?
- Yes. Hope Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 45-0425106, based in Moorhead, Minnesota. Donations are tax-deductible.
- What is Hope Inc's EIN?
- Hope Inc's Employer Identification Number (EIN) is 45-0425106.
- How much revenue does Hope Inc report?
- Hope Inc reported $433,334 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Hope Inc have?
- CharityIndex grades Hope Inc B, based on financial health (reserves and operating margin).
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Data for Hope Inc (EIN 45-0425106) 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.