Apricity Hope Project

Nonprofit profile at a glance

EIN
883782747
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Suffolk, VA, USA
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Family Services

Reported finances

Revenue
$112,095
Expenses
$82,786
Assets
$81,187
Liabilities
$3,850

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • Susan Geoghegan (Founder Executive Director)
  • Linda Ewald (President)
  • Lauren Gibbs (Vice president)

People named in this filing

  • Susan Geoghegan (Founder Executive Director)
  • Linda Ewald (President)
  • Lauren Gibbs (Vice president)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Apricity Hope Project provides mental physical and emotional health support to primary caregivers of medically complex children with life-limiting conditions.

What it reported doing in 2024

The Caregiver Package Program distributes caregiver packages nationwide providing essential support to those caring for others. The program recently assembled and distributed 100 Neonatal Intensive Care Unit NICU bags offering practical and emotional resources to families facing the challenges of caring for medically complex newborns. These packages aim to ease the burden on caregivers and provide comfort during difficult times.

Operating model

Revenue model
Donor-supported. 92% 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.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 57
  • Transparency & Controls: 100
  • Sustainability: 66
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 50%; rating input score 50
  • Program expense ratio: 67.7%; rating input score 68

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 26.1%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 0.98; rating input score 59; 59th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 5.2% per year; rating input score 100; 48th percentile among comparable filings
  • Revenue growth: -9.6% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: 37.2% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 50% of revenue deployed · 67.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $56K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 5 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 50/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 59/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.