Gems of Hope Inc

Nonprofit profile at a glance

EIN
203155610
IRS 990-EZ coverage
2013–2023
Forms available
Form 990-EZ 2023
Location
Cedar Rapids, IA, USA
Phone
3193296118
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Cancer

Official website

Reported finances

Revenue
$89,469
Expenses
$474,063
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • CINDY SALE (President)
  • JARED JIRAK (Vice President)

People named in this filing

  • CINDY SALE (President)
  • DONNA HOBSON (Treasurer)
  • KATHY WAYCHOFF (Director)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide inspiration to cancer patients and their families through pages of hope libraries, gifts of hope, youth outreach programs, such as what about us sessions, cancer really sucks website and scholarships, and workshops.

What it reported doing in 2023

Gems of hope is a support organization with a mission of bringing hope to cancer patients and their families in and near the cedar rapids, Iowa area. Handmade cards with inspirational quotes and scripture hold single pairs of beaded earrings or a beaded bookmark. Local cancer survivors, their friends and families make the beaded earrings/bookmarks and the message cards. These cards are placed in baskets in the oncology areas of the local hospitals and at oncology offices. Each patient is encouraged to look through the basket, read the cards and take home their choice of card and earrings/bookmark at no charge. For the non-earring wearing patient, a serentity circle with inscribed inspirational words, such as "hope", "faith and strength or a keychain with an inspirational quote attached to a handmade card are given. The intent is for the patient to place the card in a favorite spot in their home for their inspiration throughout the weeks and months of treatment. The gifts of hope: bookmark, earrings, circle, or keychain allows the patient to wear or carry this gift on their person as a constant reminder of encouragement. Gems of hope serves the community in four major areas: 1)art/therapy volunteerism-workshops2)gifts of hope3)pages for hope program-inspirational books for school/community libraries4)youth outreach programs: what about us? - sessions with children ages 5-12 years old cancer really sucks - website for teens scholarships - to assist with higher education expenses for high school seniors impacted by cancer in their families

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of total spending goes to programs and a relatively small share of available resources goes toward mission work.

Rating breakdown

  • Financial Efficiency: 40
  • Transparency & Controls: 100
  • Sustainability: 9
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 57.9%; rating input score 58
  • Program expense ratio: 10.9%; rating input score 11

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -429.9%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 5.4% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 3.5% per year; rating input score 100; 67th percentile among comparable filings
  • Asset growth: -0.4% per year; rating input score 0; 37th percentile among comparable filings

Details

  • Where the money goes: 57.9% of revenue deployed · 10.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $52K in reported program spending
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 5 of 6 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules
  • Filing history: 11 filing years from 2013 to 2023
  • Contacts: How to reach this organization
  • 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 — Financial Efficiency: Program expense ratio scored 11/100.
  • Review — Financial Efficiency: Mission deployment rate scored 58/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Sustainability: Operating margin scored 3/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.