Hoosiers For Opportunity Prosperity and Enterprise Inc
Nonprofit profile at a glance
- EIN
- 932422538
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023
- Location
- Terre Haute, IN, USA
- Phone
- 8122322434
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $5,749,050
- Expenses
- $5,298,100
- Assets
- $529,292
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Ryan Black (President)
- Scott Schneider (Vice President)
People named in this filing
- Ryan Black (President)
- Scott Schneider (Vice President)
- James Bopp Jr (Secretary/Treasurer)
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
To promote public debate, discussion, and advocacy supporting policies and legislation that promote and lead to economic growth and opportunity in Indiana. To support the adoption of legislation and public policies in Indiana that promote and lead to economic growth, freedom, and opportunity in Indiana. To conduct any other lawful activities reasonbly related to or in furtherance of these stated purposes, or any other social welfare purpose.
What it reported doing in 2024
To promote public debate, discussion, and advocacy supporting policies and legislation that promote and lead to economic growth and opportunity in Indiana. To support the adoption of legislation and public policies in Indiana that promote and lead to economic growth and opportunity in Indiana. And any other lawful activities reasonably related to or in furtherance of its stated public purposes or any other social welfare purposes. To promote the orderly change of administration of the Office of Governor of the State of Indiana by assisting Governor-Elect Mike Braun with his transition during the period between his election and inauguration in various activities, including but not limited to, conducting agency reviews, attracting and screening individuals for State appointive office or position, proposing public policy initiatives, preparing executive actions, legislative proposals, messages and programs, preparing proposals for governmental reorganization and budgeting, and preparing for and conducting activities associated with his Inauguration Day. Once Governor Mike Braun has taken office, to support the Office of Governor by various activities and financial assistance tending to lessen the burdens of government, to promote the Governor's policy agenda through grassroots and legislative lobbying and issue advocacy, and to engage in other activities as authorized by law. To operate exclusively for the promotion of social welfare within the meaning of Sec 501(c)(4) of the Internal Revenue Code of 1986.
Operating model
- Revenue model
- Donor-supported. 87% of the money available for current operations came from contributions and gifts.
- 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 92
- Accountability: 70
- Sustainability: 50
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.3%; rating input score 87
- Program expense ratio: 94.7%; rating input score 95
- Fundraising efficiency: Limited
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: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 7.8%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 0.1; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 97; 97th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 91; 91st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 192.5% per year; rating input score 100; 100th percentile among comparable filings
- Asset growth: 148.4% per year; rating input score 100; 100th percentile among comparable filings
Details
- Where the money goes: 87.3% of revenue deployed · 94.7% of spending went to programs
- Governance: 6 of 6 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $5M in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 16 of 16 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization 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 — Accountability: Governance controls: 4 of 6 not reported.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- Review — Sustainability: Operating margin scored 58/100.