Hope for the Hopeless
Nonprofit profile at a glance
- EIN
- 800428143
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Phoenix, AZ, USA
- Phone
- 6024879810
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $154,548
- Expenses
- $148,781
- Assets
- $15,487
- Liabilities
- $5,471
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- SURAFEL GEBRETSADIK (EXECUTIVE DIRECTOR)
- GEORGE CUSHMAN (PRESIDENT)
People named in this filing
- SURAFEL GEBRETSADIK (EXECUTIVE DIRECTOR)
- GEORGE CUSHMAN (PRESIDENT)
- TOMMY LYONS (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
Provide support for housing and education to street children in ethiopia thrrough group homes and boarding school to provide transition into foster families, providing aid to foster families and continued support through vocational training.
What it reported doing in 2024
We provide abandoned and orphaned children support for housing and food through group homes and foster families. As child is able, return them to school, nurture their spiritual formation, provide a stable and safe environment for them to heal and grow. The needs of each child dictate what services we provide. In 2023, the organization began a feeding program in debre birhan. We feed abandoned and orphaned refugee children in debre birhan twice a day.
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 100% of its reported program spending out as grants.
The verdict
STRONG - 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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 100
- Sustainability: 28
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75.7%; rating input score 76
- Program expense ratio: 78.8%; rating input score 79
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: 3.7%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 0.1; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0.35; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 13%; rating input score 19; 19th percentile among comparable filings
Growth
- Program expense growth: -1.4% per year; rating input score 0; 26th percentile among comparable filings
- Revenue growth: 0.5% per year; rating input score 100; 23rd percentile among comparable filings
- Asset growth: 6.7% per year; rating input score 100; 51st percentile among comparable filings
Details
- Where the money goes: 75.7% of revenue deployed · 78.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $117K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Moderate — Sustainability: Operating margin scored 44/100.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- High — Sustainability: Officer compensation ratio scored 19/100.