Hope Disaster Recovery Llc

Nonprofit profile at a glance

EIN
825013278
IRS 990 coverage
2019–2024
Forms available
Form 990 2024
Location
Cypress, TX, USA
Phone
8328576449
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$1,908,910
Expenses
$1,347,612
Assets
$1,065,798
Liabilities
$7,559

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

Leadership & pay

16 people listed

Executive titles in this filing

  • BENNY AGOSTO JR (PRESIDENT)
  • JEFF HUNT (VICE PRESIDENT)

Highest reported compensation

  • DR GODFREY HUBERT (FOUNDER & EXECUTIVE DIRECT): $75,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

A long-term recovery organization helping individual and family in the community to recover from disaster. Hope disaster recovery shares cy-hope's purpose including, but not limited to making life better for the children of cy-fair.

What it reported doing in 2024

Hope disaster recovery (hdr) continued to serve the survivors of disasters in 2024.during the first 6 months during the blue sky days we focused on the united way integrated client journey, providing navigation services and financial assistance.we also developed a network of 22 congregations to participate in our period poverty project.congregational volunteers were trained in the acquisition of menstrual products and assembling them into 3,000 menstrual kits, which along with other basic needs were distributed among 53 non-profit agencies for distribution.Texas congregational disaster readiness reformed into a network of 9 agencies in 7 counties for the purpose of supporting each other during disasters. Nine training sessions were offered to volunteers of these member organizations.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 82% of its reported program spending out as grants.
  • 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. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 94
  • Accountability: 86
  • Sustainability: 64
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63.5%; rating input score 64
  • Program expense ratio: 90%; rating input score 90
  • 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: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 93.8%; rating input score 94; 25th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 29.4%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 0.79; rating input score 35; 35th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 71; 71st percentile among comparable filings
  • Officer compensation ratio: 5.6%; rating input score 52; 52nd percentile among comparable filings

Growth

  • Program expense growth: -32.6% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -27.9% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: 5.5% per year; rating input score 100; 41st percentile among comparable filings

Details

  • Where the money goes: 63.5% of revenue deployed · 90% of spending went to programs
  • Governance: 15 of 16 board members independent · 6 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $1.2M in reported program spending
  • Leadership: top reported pay $75K · 16 people listed
  • Highest-paid contractors: 1 contractor listed · $110K reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
  • Review — Sustainability: Officer compensation ratio scored 52/100.