Hope Family Services Inc
Nonprofit profile at a glance
- EIN
- 591970241
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Bradenton, FL, USA
- Phone
- 9417478499
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $2,866,162
- Expenses
- $2,933,132
- Assets
- $3,902,737
- Liabilities
- $232,541
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Lt John Belt (President)
- Sarah Vanderhill (Vice President)
- Katie Williams (Immediate Past President)
- Charlyn Young (CEO)
Highest reported compensation
- Charlyn Young (CEO): $151,781 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 mission of HOPE is to promote safety, strength and well-being for those affected by domestic violence in Manatee County, Florida. In order to accomplish the mission, HOPE operates a continuum of services that range from a 24 hour help line and emergency safe shelter to advocacy, safety planning, counseling (both individual and group) for adults and children, case/service management, and other services to victims and survivors of domestic violence. Regardless of the service provided, since HOPE's inception in 1979, safety for victims of domestic violence and their children is the cornerstone of all activities. HOPE is the only state certified service provider that assists victims of domestic violence and their children in Manatee County. The vision is to provide quality domestic violence services for the community.
What it reported doing in 2024
Emergency Safe Shelter: Hope's Emergency Safe Shelter offers sanctuary for Manatee County adult victims and survivors of domestic violence and their minor/dependent children who have no safe place to stay due to intimate partner violence. Hope's Emergency Safe Shelter helps those who report being a victim of domestic violence regardless of age, race, ethnicity, sexual orientation, national origin, religion, political belief, citizenship, immigration status, marital status, language spoken or mental/physical disability. Generally, the population served is Manatee County residents; however, when space permits, Hope assists other domestic violence program clients who must relocate due to safety concerns.
Operating model
- Revenue model
- Grant-funded. 81% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 91% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 83
- Accountability: 100
- Sustainability: 40
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 93.1%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- 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: 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: -2.3%; rating input score 26; 26th percentile among comparable filings
- Total-asset coverage ratio: 1.33; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 67; 67th percentile among comparable filings
- Officer compensation ratio: 5.2%; rating input score 52; 52nd percentile among comparable filings
Growth
- Program expense growth: 6.2% per year; rating input score 100; 46th percentile among comparable filings
- Revenue growth: 5.6% per year; rating input score 100; 45th percentile among comparable filings
- Asset growth: -1.8% per year; rating input score 0; 8th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 93.1% of spending went to programs
- Governance: 10 of 10 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $2.7M in reported program spending
- Leadership: top reported pay $152K · 11 people listed · 2 of 6 pay-setting controls reported
- Consistency: 35 of 35 current checks pass
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Sustainability: Operating margin scored 26/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- Review — Sustainability: Officer compensation ratio scored 52/100.