Hope for Kids Inc

Nonprofit profile at a glance

EIN
251521567
IRS 990 coverage
2012–2013
Forms available
Form 990 2013
Location
State College, PA, USA
Phone
8143530200
Rating
44
Verdict
MIXED
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Official website

Reported finances

Revenue
$-183,688
Expenses
$249,023
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2013. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • BRENDA GOLDMAN (BOARD PRESIDENT/CEO)

People named in this filing

  • BRENDA GOLDMAN (BOARD PRESIDENT/CEO)
  • DONNA CORRIGAN (BOARD SECRETARY/VICE PRESI)
  • ROBERT MOONEY (CHIEF VOLUNTEER OFFICER)

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 2013. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Nurture and encourage children and adolescents who are in the foster care system so they can achieve permanancy and receive the benefits of self-esteem, sense of belonging, perspective and hope.

What it reported doing in 2013

Hope For Kids Foster Care is an organization serving children and families of all faiths and cultural backgrounds by providing preventative, supportive and specialized foster homes and services to enhance positive growth for the most disadvantaged infants, children and adolescents of Pennsylvania. See attached at Schedule O: Specialized Foster Care provides foster homes and specialized programs serving children and youth who have been neglected, physically or sexually abused, mental health or mental retardation and who are behaviorally challenged whose needs are too intense to be served in traditional foster care and who are at high risk for institutional placement. HFKs also serves as a transitional, step down service for children who have completed more restrictive placements in group homes or residential facilities and are ready to transition back into a community living environment.Reative Attachment Disorder Program serves children with Reactive Attachment Disorder who are eligible for long-term foster care, whose parental rights are/will be terminated, or are currently up for adoption.Autism Spectrum Disorder Program accepts children who are in the autism spectrum disorder category providing services such as; Applied Behavior Analysis, Treatment and Education of Autistic and Related Communication Handicapped Children, Picture Exchange Communication Systems, Sensory Integration Therapy, Auditory Integration Therapy and Complementary Therapies. Interventions and services are tailored to the child's individual behaviors and needs. Special Medical Care Program offers a unique approach to meeting the needs of infants, children, and adolescents with medical conditions for which foster care is a feasible alternative to hospitalization or convalescent home care.

Operating model

Revenue model
Other-operating. 85% of the money available for current operations came from other operating revenue.
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 total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 13
  • Transparency & Controls: 100
  • Accountability: 43
  • Sustainability: 12
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 10%; rating input score 10
  • Program expense ratio: 22.5%; rating input score 23
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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: 42.9%; rating input score 43; 19th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • 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: -235.6%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 62; 62nd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -357.1% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: -200% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 10% of revenue deployed · 22.5% of spending went to programs
  • Governance: 3 of 7 board members independent · 3 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $56K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 16 of 16 current checks pass
  • Schedules: 6 filed schedules
  • Filing history: 2 filing years from 2012 to 2013
  • Contacts: How to reach this organization
  • 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 — Financial Efficiency: Mission deployment rate scored 10/100.
  • High — Financial Efficiency: Program expense ratio scored 23/100.
  • Moderate — Accountability: Independent voting board scored 43/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 9/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.