Hope for the Future
Nonprofit profile at a glance
- EIN
- 743040161
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Orangevale, CA, USA
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- International Development
- Affiliation
- Christianity
Reported finances
- Revenue
- $88,201
- Expenses
- $77,253
- Assets
- $92,615
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Rodica Lack (President)
- A Monica Brackett (Vice President)
People named in this filing
- Rodica Lack (President)
- D Christopher Brackett (Treasurer)
- A Monica Brackett (Vice President)
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
Hope for the Future helps children in Romania overcome poverty by making education possible. Many grow up in families facing extreme poverty while others have lost parental care altogether. We step in with practical aid like groceries medicine school supplies and utility help that removes barriers to school and protects childhood. We also partner with childrens homes where orphaned or abandoned kids find love belonging and stability and we support after-school programs serving both Romanian and immigrant refugee children in Romania. Guided by our Christian faith we work through local volunteers and organizations to deliver practical help and long-term support. All U.S. work is volunteer keeping overhead low and impact high.
What it reported doing in 2024
BETHESDA FOUNDATION GALATI ROMANIA----DAY CENTER: The Day Center serves more than 50 children and parents. Kids receive tutoring hot meals showers clean clothes and guidance in life skills while parents are supported with groceries to help sustain their families. Together they find practical help and renewed hope that strengthens the entire household. ----GIRLS HOME: The Girls Home provides safe housing and a nurturing community for 8 to 12 young women who might otherwise face exploitation. Surrounded by caring mentors they build resilience pursue education and begin to see themselves not as victims but as young women with a future full of possibility.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. 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: 26
- Transparency & Controls: 100
- Sustainability: 52
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 24.9%; rating input score 25
- Program expense ratio: 28.5%; rating input score 28
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: 12.4%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 1.2; rating input score 51; 51st 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: 81.8% per year; rating input score 100; 96th percentile among comparable filings
- Revenue growth: 9.1% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: -1.4% per year; rating input score 0; 33rd percentile among comparable filings
Details
- Where the money goes: 24.9% of revenue deployed · 28.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $22K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- 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 25/100.
- High — Financial Efficiency: Program expense ratio scored 28/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.