Camerons House of Hope Inc

Nonprofit profile at a glance

EIN
880895405
IRS 990 coverage
2022–2024
Forms available
Form 990 2024, Form 990-N 2021
Location
Indian Trail, NC, USA
Phone
7048932671
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Alcohol, Drug Abuse, Prevention Only

Official website

Reported finances

Revenue
$674,176
Expenses
$743,213
Assets
$1,200,684
Liabilities
$136,836

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

Leadership & pay

8 people listed

Executive titles in this filing

  • Dr Mike Whitson (President)
  • Pam Rhodes (Vice President)

Highest reported compensation

  • Alexandra Pool (Executive Dir.): $81,559 total reported compensation

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

Overview

Mission

Camerons House of Hope stands as a beacon of support and stability for children impacted by parental substance use disorder. We work alongside our families by offering academic intervention, individual child and family counseling sessions and equipping them with essential life skills. We aim to instill hope and inspire positive change in their lives. Through Christ, we are dedicated to breaking the cycle of generational trauma.

What it reported doing in 2024

Since opening our doors, Camerons House of Hope (CHOH) has welcomed 74 children, all with unique stories and potential. We are proud to work in partnership with the court system, Department of Social Services, and foster care to support these young individuals.Our commitment to their growth is evident: 75% of the children are performing at or above grade level. They participate in weekly STEAM enrichment programs and benefit from agricultural education through our new greenhouse. These initiatives not only enhance their academic skills but also foster confidence and a sense of belonging.Our children engage in community service, and we are excited to celebrate our first senior this fall, who has been with Cameron's House since their 9th-grade yeara testament to our lasting impact. Through enriching experiences like ice skating, outdoor fishing adventures, fitness classes, camps, and recreational sports leagues, we create moments that reaffirm their identity as children, not statistics.Trauma-informed therapy continues to guide these children toward a brighter future helping them understand that ending generational trauma begins with them. Along with academics and therapy, our dedicated volunteers play an invaluable role, investing their time, love, and resources into this mission. With unwavering support and community involvement, we are witnessing hope multiply within our children's lives.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Hybrid. The nonprofit split its reported program spending across 77% for direct work, and 23% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 92
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 34
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.6%; rating input score 98
  • Program expense ratio: 88.4%; rating input score 88
  • Fundraising efficiency: $45.96 raised per $1 spent on fundraising; rating input score 76; 76th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -10.2%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 1.62; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0.11; rating input score 40; 40th percentile among comparable filings
  • Officer compensation ratio: 11%; rating input score 34; 34th percentile among comparable filings

Growth

  • Program expense growth: 53.2% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: -24% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: 13.6% per year; rating input score 100; 69th percentile among comparable filings

Details

  • Where the money goes: 97.6% of revenue deployed · 88.4% of spending went to programs
  • Governance: 7 of 7 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $657K in reported program spending
  • Leadership: top reported pay $82K · 8 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 3 filing years from 2022 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.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 17/100.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • Moderate — Sustainability: Officer compensation ratio scored 34/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 40/100.