Hope Forest Inc
Nonprofit profile at a glance
- EIN
- 920555022
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Minot, ND, USA
- Phone
- 7013398417
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $134,282
- Expenses
- $117,579
- Assets
- $174,263
- Liabilities
- $847
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- CHRISTIAN EBY (VICE PRESIDENT)
- TODD ERICKSON (PRESIDENT)
People named in this filing
- DAVID SULACK (DIRECTOR)
- NORVAL SEMCHENKO (DIRECTOR)
- JENAE STEIN (DIRECTOR)
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 be a place to grow hope in christ - that people may know hope, renew hope, and share hope.
Operating model
- Revenue model
- Donor-supported. 79% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Reported officer compensation is a large share of total spending, which may reflect staffing concentration and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 100
- Sustainability: 58
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.6%; rating input score 88
- Program expense ratio: 100%; rating input score 100
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 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 1.48; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 46; 46th percentile among comparable filings
- Officer compensation ratio: 21.3%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: 73.3% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: 42.9% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 71.4% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 87.6% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $118K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2022 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 — Sustainability: Officer compensation ratio scored 15/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 46/100.