Hands and Hearts of Hope Foundation

Nonprofit profile at a glance

EIN
831426001
IRS 990 coverage
2019–2023
Forms available
Form 990 2023, Form 990-N 2019
Location
Thousand Oaks, CA, USA
Phone
3104203573
Rating
46
Verdict
MIXED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$53,583
Expenses
$40,109
Assets
$14,769
Liabilities
$0

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

Leadership & pay

7 people listed

Executive titles in this filing

  • MICHAEL HUBBARD (PRESIDENT)
  • PATTI RAYNER (CEO)

People named in this filing

  • NICHOLAS BROWN (DIRECTOR)
  • KAREN CICERO (DIRECTOR)
  • KATHY GRANT (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. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Bringing hope, upliftment and transformation through the healing power of caring hearts.

What it reported doing in 2023

100 days - homeless college students the hands and hearts of hope foundation has developed an extensive program of outreach, support, and recovery for 18+ year old youth that have been disenfranchised from the California foster care system while attending or just starting collegeand as a result, have dropped into homelessness and despair , while trying to improve their lives. This wonderful program of transformation and success is in its initial stages, and as we seek greater levels of funding for its expansion, we have already seen the joy of hope that has emerged in young lives that previously had none. Comedy event 10/11/2023 the event held at the comedy store in west hollywood, brought guests together to laugh and raise funds for the comedians assistance fund, cancer support community los angeles (cscla), as well as hands and hearts of hope foundation. Thanksgiving 11/20/2023 the hands and hearts of hope foundation provided thanksgiving dinner for the canoga park senior center. Christmas/holiday 12/10/2023 the hands and hearts of hope foundation annually provides a special christmas/holiday outreach to at-risk and very low income children that would otherwise be forgotten. We are planning to hold this annual christmas/holiday event at the santa monica pier, and will be reaching out to 500 underprivileged youth from many deprived/low-income areas of los angeles county, most of whom have never seen the ocean in their lives. At this wonderful, kid-designed event, there will be a santas village with santa, elves, photos, joy and wonder. The spacious pier/play areas will include games, rides on the historic carousel, as well as lots of food andg oodies. Most of these children would not otherwise receive any gifts for christmas, so the toy room will be filled with enough toys for all

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

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

Rating breakdown

  • Financial Efficiency: 14
  • Transparency & Controls: 92
  • Accountability: 45
  • Sustainability: 56
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 7.9%; rating input score 8
  • Program expense ratio: 10.6%; rating input score 11
  • Fundraising efficiency: $11.99 raised per $1 spent on fundraising; rating input score 57; 57th 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: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 66.7%; rating input score 67; 22nd percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 25.1%; rating input score 78; 78th percentile among comparable filings
  • Total-asset coverage ratio: 0.37; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -14.7% per year; rating input score 0; 23rd percentile among comparable filings
  • Revenue growth: -3.3% per year; rating input score 0; 50th percentile among comparable filings
  • Asset growth: 33.6% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 7.9% of revenue deployed · 10.6% of spending went to programs
  • Governance: 4 of 6 board members independent · 1 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $4K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 22 of 22 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 4 filing years from 2019 to 2023
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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: Mission deployment rate scored 8/100.
  • High — Financial Efficiency: Program expense ratio scored 11/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 57/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.