Hollys Hope for a Cure

Nonprofit profile at a glance

EIN
260778864
IRS 990-EZ coverage
2010–2012
Forms available
Form 990-EZ 2012
Location
Crystal Lake, IL, USA
Phone
8154778000
Rating confidence
Limited
Sector
Alliance/Advocacy Organizations

Official website

Reported finances

Revenue
$1,651
Expenses
$359
Assets
$3,835

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

The organization is organized for the purpose of providing monies for ovarian cancer research to Northwestern Memorial Hospital in Chicago, Illinois or other institutions that the Board of Directors has stated by a three fourths majority. The organization shall also raise monies for individual families that have had an individual(s) suffer from ovarian cancer and have demonstrated a financial need for assistance in fighting this deadly disease.Holly's Hope for A Cure is dedicated to the purpose of eliminating ovarian cancer as a life threatening disease by advancing ovarian cancer research, raising publice awareness of ovarian cancer, and improving the quality of life of ovarian cancer patients an their families throughout all stages of this disease.

What it reported doing in 2012

The mission of Holly's Hope for a Cure is both to raise the public's awareness about ovarian cancer and to generate the funds necessary to ultimately find a cure for this disease. The organization will hold an annual golf event where all the fundraising will take place. All the monies raised and expenses related will be reported under the Special Events portion of this return.

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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 73
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

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

Sustainability

  • Operating margin: 78.3%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 10.68; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: -91.5% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -46.7% per year; rating input score 0; 9th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2010 to 2012
  • 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 — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.