The Senior Hope Foundation Inc
Overview
Mission
Provide funding to programs administered by senior hope counseling, inc. A non-profit organization operating an outpatient clinic for older adults.
What it reported doing in 2022
The organization provides support to senior hope counseling, inc. Through financial assistance.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
Nonprofit profile at a glance
- EIN
- 472592393
- IRS 990-EZ coverage
- 2015–2022
- Forms available
- Form 990-EZ 2022
- Headquarters
- Albany, NY, USA
- Phone
- 5184897777
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 82
- Sustainability: 28
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.3%; rating input score 79
- Program expense ratio: 72.5%; rating input score 72
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -9.4%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 0.16; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 49.1%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: -10.7% per year; rating input score 0; 29th percentile among comparable filings
- Revenue growth: -21.7% per year; rating input score 0; 15th percentile among comparable filings
- Asset growth: -22.6% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: 79.3% of revenue deployed · 72.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $4K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 annual filings from 2015 to 2022
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Leadership & pay
6 people listed
Source: IRS Form 990-EZ. Selected filing: FY2022.