Hope Works Mid-Michigan
Legal name: Gratiot County Hope House
Nonprofit profile at a glance
- EIN
- 825453790
- IRS 990 coverage
- 2022–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-EZ 2020, Form 990-N 2018
- Location
- St. Louis, MI, US
- Phone
- 989-681-8486
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Temporary Housing
Reported finances
- Revenue
- $589,644
- Expenses
- $472,077
- Assets
- $387,295
- Liabilities
- $91,098
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- JAKE GREGORY (CO EXECUTIVE DIRECTOR)
- KATIE STUDLEY (BOARD MEMBER-PRESIDENT)
People named in this filing
- JAKE GREGORY (CO EXECUTIVE DIRECTOR)
- NATHAN WORKMAN (CO EXE DIRECTOR)
- CAROLYN STUDELY (BOARD MEMBER-SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Meet the temporary housing needs of Mid-Michigan with the Compassion, Grace, & Hope of God, because every story deserves hope.
What it reported doing in 2024
General operations and mgt of the organization and homeless center.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 86
- Accountability: 88
- Sustainability: 59
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 60.7%; rating input score 61
- Program expense ratio: 75.9%; rating input score 76
- Fundraising efficiency: $83.68 raised per $1 spent on fundraising; rating input score 85; 85th percentile among comparable filings
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 12th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- 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: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 19.9%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 0.82; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 0.24; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 25% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 31.2% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 36.5% per year; rating input score 100; 94th percentile among comparable filings
Details
- What they do: 5 programs and campaigns described on the official site · 3 operating locations identified
- Where the money goes: 60.7% of revenue deployed · 75.9% of spending went to programs
- Governance: 6 of 6 board members independent · 5 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $435K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 22 of 23 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- High — Sustainability: Liabilities to assets ratio scored 29/100.