Hope Center for Kids Inc
Nonprofit profile at a glance
- EIN
- 470826512
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Omaha, NE, USA
- Phone
- 4023414673
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Centers, Clubs
Reported finances
- Revenue
- $1,937,982
- Expenses
- $2,292,058
- Assets
- $7,638,471
- Liabilities
- $490,735
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- JAMIE HUNT (PRESIDENT)
- KEVIN LARSEN (VICE PRESIDENT)
- DEJAUN REDDICK (EXECUTIVE DIRECTOR)
Highest reported compensation
- DEJAUN REDDICK (EXECUTIVE DIRECTOR): $108,861 total reported compensation
- JULIE MEADE THROUGH OCTOBER (DIRECTOR OF OPERATIONS): $101,020 total reported compensation
- ANGELA REED AS OF NOVEMBER (CHIEF OPERATING OFFICER): $29,068 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The hope center for kids strives to faithfully inspire hope in the lives of youth and children through education, employability, collaboration and faith.
What it reported doing in 2024
Omaha hope employment and learning academy - the omaha program offers a strengths based education program in which students in grades k - 12 receive academic support, including homework assistance and remedial tutoring. The grade levels are split into k - 6 and grades 7 - 12. Both of the age groups offer a variety of activities designed to keep students engaged in learning year-round. For high school students, activities are geared toward preparing youth for college by developing a career plan, working on scholarships and understanding undergraduate requirements. The employment academy program is an employability program designed for high school students. The curriculum materials include the topics of financial literacy, conflict resolution and wellness information to develop healthy lifestyle choices. Guest speakers offer information on career options and an opportunity to meet leaders in the community. The youth in the employment academy receive a stipend for meeting the requirements.
Operating model
- Revenue model
- Donor-supported. 73% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 37
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.8%; rating input score 80
- Program expense ratio: 65.4%; rating input score 65
- Fundraising efficiency: $3.89 raised per $1 spent on fundraising; rating input score 12; 12th percentile among comparable filings
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: 9 of 9 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: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -18.3%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 3.33; rating input score 77; 77th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 49; 49th percentile among comparable filings
- Officer compensation ratio: 10.4%; rating input score 35; 35th percentile among comparable filings
Growth
- Program expense growth: -0.3% per year; rating input score 0; 17th percentile among comparable filings
- Revenue growth: 5.1% per year; rating input score 100; 44th percentile among comparable filings
- Asset growth: 2.2% per year; rating input score 100; 26th percentile among comparable filings
Details
- Where the money goes: 79.8% of revenue deployed · 65.4% of spending went to programs
- Governance: 12 of 12 board members independent · 9 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $1.5M in reported program spending
- Leadership: top reported pay $109K · 15 people listed
- Consistency: 36 of 36 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 12 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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 12/100.
- High — Sustainability: Operating margin scored 10/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Officer compensation ratio scored 35/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 49/100.