Hope and a Home
Nonprofit profile at a glance
- EIN
- 202869184
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Washington, DC, USA
- Phone
- 2023877091
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,135,977
- Expenses
- $1,412,574
- Assets
- $2,007,167
- Liabilities
- $2,811,776
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- LYNN C FRENCH (EXECUTIVE DIRECTOR)
Highest reported compensation
- LYNN C FRENCH (EXECUTIVE DIRECTOR): $83,167 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Hope and a home's mission is to empower low-income families with children in Washington, dc, to create stable homes of their own and to make lasting changes in their lives. We can and do break the cycle of poverty for qualified families through the programs and services we offer. Since its inception, hope and a home has helped hundreds of families achieve lasting independence. Our comprehensive empowerment model for creating sustainable change within families focuses on four main keys for change: 1) affordable housing; 2) rewarding work; 3) higher education;4) valuable community connections.
What it reported doing in 2024
Education and job readiness programs: education: families in both phase one and phase two participate in the grace dickerson higher education for all (gdhefa). Gdhefa keeps the 137 low-income children we currently serve on a clear academic track from preschool to college and beyond, while enrolling parents in career-boosting educational and vocational courses. Staff advocates for each child to be enrolled in good-performing schools, work with parents to establish and achieve educational goals for their children, ensure children with special needs are properly diagnosed and receive individual education programs (iep's) as needed, and arrange tutoring services. We also support participants through pre-k to 12th grade, college, and graduate school to ensure they achieve post-secondary goals.job readiness: earning a living wage is fundamental to moving families to self sufficiency. Our job readiness program works with parents and teens to improve their job readiness and increase their earning potential. It provides a series of individual counseling sessions and workshops that promote self discovery and skill development. Session topics cover goals setting, resume preparation, interviewing techniques and building professional networks.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 97% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 89
- Accountability: 95
- Sustainability: 26
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 85.5%; rating input score 85
- Fundraising efficiency: $4.7 raised per $1 spent on fundraising; rating input score 16; 16th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 22nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 95.5%; rating input score 95; 42nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 90.9%; rating input score 91; 23rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -24.3%; rating input score 8; 8th percentile among comparable filings
- Total-asset coverage ratio: 1.42; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 1.4; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 5.9%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: 7.4% per year; rating input score 100; 53rd percentile among comparable filings
- Revenue growth: 4.9% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: 0.1% per year; rating input score 100; 18th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 85.5% of spending went to programs
- Governance: 10 of 11 board members independent · 8 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $1.2M in reported program spending
- Leadership: top reported pay $83K · 11 people listed
- Consistency: 33 of 34 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 11 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- High — Financial Efficiency: Fundraising efficiency scored 16/100.
- High — Sustainability: Operating margin scored 8/100.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.
- High — Sustainability: Liabilities to assets ratio scored 3/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Officer compensation ratio scored 51/100.