Catching Hope Inc
Nonprofit profile at a glance
- EIN
- 364665742
- IRS 990-EZ coverage
- 2012–2012
- Forms available
- Form 990-EZ 2012
- Location
- Raleigh, NC, USA
- Phone
- 7037286985
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Limited
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $13,655
- Expenses
- $12,490
- Assets
- $1,361
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
3 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Catching Hope offers FREE day camps to community youth. They Mentor the children on sportsmanship, health, community involvement, education and Self Esteem.
What it reported doing in 2012
Catching Hope hosts several FREE football clinics for area youth each year in various communities across the USA. The objective of these camps is to provide a platform to impart strong values, a basic knowledge of nutrition and the value of maintaining a healthy lifestyle. Healthy lifestyle includes not smoking or drinking, the importance of rest and education, the concept that your body is a machine and to get the most out of it you need to put good fuel into it. We teach athletic skills along with life skills such as respect for yourself and others, the value of hard work and perseverance and discipline in your decision making. We take breaks periodically during the sessions to speak directly with the kids in an interactive environment.
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.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and the available information about grant readiness automatic revocation leaves an important question unanswered.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 82
- Sustainability: 33
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.5%; rating input score 91
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 8.5%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 0.11; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 91.5% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $12K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.