Hope for Our Neighbors Inc
Nonprofit profile at a glance
- EIN
- 994631067
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Cheshire, CT, USA
- Phone
- 2032604957
- Rating
- 52
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Housing Support
Reported finances
- Revenue
- $64,609
- Expenses
- $10,787
- Assets
- $53,822
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
People named in this filing
- PAUL BOWMAN (BOARD CHAIR)
- PATTY FLYNN-HARRIS (VICE CHAIR)
- NEIL BRADLEY (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To address homelessness and housing insecurity in cheshire, Connecticut. The hope for our neighbors mission is to provide hope and compassion to our neighbors in cheshire, Connecticut who are struggling with housing insecurity or homelessness by arranging services, financial assistance, guidance & advocacy, in collaboration with local organizations and our community.
What it reported doing in 2024
Cold weather kits: the purpose of the cold weather kit program is to protect the physical safety of homeless individuals who are living outside during the coldest months. Each cold weather kit is supplied with a sleeping bag, bedroll, coat, hat, neck warmer, gloves, thermal socks, and hand & body warmers. The kit contents are placed in large water-resistant duffle bag along with personal toiletry items and instructions for getting help. Cold weather kits are made available to homeless individuals by officers from the cheshire police department in consultation with the cheshire human services department.
Operating model
- Revenue model
- Donor-supported. 100% 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.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. 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: 16
- Transparency & Controls: 100
- Sustainability: 77
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 5.7%; rating input score 6
- Program expense ratio: 33.2%; rating input score 33
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 83.3%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 4.99; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 5.7% of revenue deployed · 33.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $4K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 6/100.
- Moderate — Financial Efficiency: Program expense ratio scored 33/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.