Hope

Nonprofit profile at a glance

EIN
541658227
IRS 990 coverage
2018–2024
Forms available
Form 990 2024, Form 990-N 2015
Location
Portsmouth, VA, USA
Phone
7573930664
Rating
50
Verdict
MIXED
Rating confidence
Moderate
Sector
Housing, Shelter N.E.C.

Reported finances

Revenue
$96,216
Expenses
$96,930
Assets
$-16,873
Liabilities
$-16,873

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

People named in this filing

  • FRANK N ALLEN (EXECUTIVE DIRECTORFOUNDER)
  • NINA JOYNER (Officer)
  • SUSAN MUTER (Board member)

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 serve those affected by poverty and disaster through contributions, in-kind gifts, human services and volunteer efforts

What it reported doing in 2024

4-WORKFORCE DEVELOPMENT PROGRAM We teach character building and work ethic while working with our students. They work daily and on Saturdays. After school if students. And in the summer when school is out. Working with young adults, (Jr & Sr High School Age to 25 year old men and women doing various tasks associated with ministry. Mostly arround supply chain managment with shipping and receiving, unloading, forklift, sorting, warehousing, pick, pull, and packing, palletizing, loading and delievering bulk quantities of in-kind items donated by corporate America. Using microsoft and industry standardy programs to receive, invoice and track goods. Pick up donated furniture. Clean, repair, and restoer to be organized into suites for families moving from shelters to their first residence after being homess. Grounds-keeping and building-maintaince for HOPEs facilities and senior adults in need in td tending the soup kitchen garden.

Operating model

Revenue model
Donor-supported. 68% 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

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 46
  • Transparency & Controls: 91
  • Accountability: 12
  • Sustainability: 32
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 52.1%; rating input score 52
  • Program expense ratio: 50.8%; rating input score 51
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 18th 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: 0%; rating input score 0; 9th 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: -0.7%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: -0.17; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -41.9% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: -15.8% per year; rating input score 0; 24th percentile among comparable filings
  • Asset growth: Limited

Details

  • Where the money goes: 52.1% of revenue deployed · 50.8% of spending went to programs
  • Governance: 0 of 6 board members independent · 2 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $49K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 21 of 22 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2018 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.

  • Review — Financial Efficiency: Mission deployment rate scored 52/100.
  • High — Accountability: Independent voting board scored 0/100.
  • Review — Financial Efficiency: Program expense ratio scored 51/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Sustainability: Operating margin scored 54/100.