Hope 101 Ministry Inc
Nonprofit profile at a glance
- EIN
- 821095189
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023
- Location
- Newaygo, MI, USA
- Phone
- 6165812936
- Rating confidence
- Limited
- Sector
- Temporary Housing
Reported finances
- Revenue
- $0
- Expenses
- $57,531
- Assets
- $436,282
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Julie Vitale (Executive Director)
- Dan Welch (President)
Highest reported compensation
- Julie Vitale (Executive Director): $21,415 total reported compensation
- Alex Eising (Case Manager): $6,602 total reported compensation
- Deb Prins (Trustee and Bookeeper): $910 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To act as an advocate and service provider for persons facing housing needs or experiencing food insecurity, especially those who are displaced or at risk of displacement; including owning properties, and/or forming partnerships to promote, facilitate, and/or operate housing, food and self-sufficiency programs, assist economic development, provide social services, engaging in activities that further our purpose, and nurture spiritual programs and services that foster the stabilization and empowerment of the community. The corporation is organized exclusive for charitable and educational purposes under Section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code.
What it reported doing in 2024
Housing Self-Sufficiency Program: Provided transitional housing, case management, financial education, food and other essential assistance to 14 households which included 24 unique people of which 10 were minor children. Participants stayed within our transitional housing units for an average of four months. Of the 14 households, 2 participants purchased a home, 4 moved into private landlord housing, 1 moved into income-based housing, 2 moved in with supportive family, 1 moved into an unstable shelter, and 3 were still residing in our housing and working on their goals at the end of our fiscal year. The Cookery Program: Provide family sized frozen entrees to assist low-income households and Hope 101 participants to ease their food burden as well as to ensure families are able to get adequate protein nutrition if they cannot afford it or cannot regularly obtain it through food trucks and pantry support services. Provided part-time employment to three program participants, funded ServSafe certification to two individuals, provided 90 family sized entrees to local food pantries, provided over 500 family sized meals to those in need. The program service expenses include the costs of the housing expenses including, utilities, insurance, maintenance, supplies and furniture. It also includes the costs of the program services given to directly benefit the program participants including gas cards, incentives, mini-grants, food ingredients, labor to prepare the food, bedding, car repairs, case management and apartment application fees.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- 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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 83
- Accountability: 72
- Sustainability: 26
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 3 of 9 controls in place; rating input score 33
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 7.58; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 50.3%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: 8.6% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: -15.3% per year; rating input score 0; 24th percentile among comparable filings
- Asset growth: 9.7% per year; rating input score 100; 79th percentile among comparable filings
Details
- Where the money goes: 100% of spending went to programs
- Governance: 7 of 7 board members independent · 3 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $58K in reported program spending
- Leadership: top reported pay $21K · 10 people listed
- Consistency: 20 of 21 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2017 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- 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.
- Moderate — Accountability: Governance controls: 5 of 8 not reported.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- High — Sustainability: Officer compensation ratio scored 7/100.