Growhope Foundation Inc
Nonprofit profile at a glance
- EIN
- 208381180
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024, Form 990-N 2007
- Location
- Brockton, MA, USA
- Phone
- 5086574519
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International Development
Reported finances
- Revenue
- $27,649
- Expenses
- $32,417
- Assets
- $78,869
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- MARYBETH O'BRIEN (PRESIDENT)
People named in this filing
- DARREN DUARTE (VICE PRESIDE)
- JOAN COLON (TREASURER (F)
- EUPHEMIA WILLIAMS JONES (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization is working in partnership with community organizations and private donors to provide quality education and life skills for youth through programs and outreach in rural and urban communities.
What it reported doing in 2024
Education and community development: promotes quality education through an after school program for students in public schools. The program focuses on social, emotional, and life skills; as well as fostering the sense of community within the group. It also provides outreach, advocacy, volunteer service, and funding to support projects to improve lives of children and families through the construction of a resource room that is equipped with computers, textbooks, school supplies, and clothes for orphans. Public health and training: provides clean water and hygiene education to the schools and surrounding communities, which will reduce the incidence of water borne diseases. A training workshop will be provided for individuals to encourage successful interpersonal interactions, gain personal insight, and learn new and positive approaches to conflict management to reduce violance in our schools and communities.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- 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: 96
- Transparency & Controls: 82
- Sustainability: 39
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 87.5%; rating input score 88
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -17.2%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 2.43; rating input score 70; 70th 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: 43% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: -5.6% per year; rating input score 0; 33rd percentile among comparable filings
- Asset growth: 9% per year; rating input score 100; 70th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 87.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $28K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- 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 — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 25/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.