Hope Gain Center of West Michigan
Nonprofit profile at a glance
- EIN
- 850746580
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2020
- Location
- Grand Rapids, MI, USA
- Phone
- 6162752242
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy Organizations
Reported finances
- Revenue
- $165,000
- Expenses
- $160,700
- Assets
- $14,928
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Sheri Munsell (Executive Director)
- Paris Lara (President)
People named in this filing
- Sheri Munsell (Executive Director)
- Kyle Tuinstra (Secretary)
- Paris Lara (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
To promote the well-being and economic self sufficiency of individuals living with mental illness by providing job training, placement services, and other resources that enable them to gain employment in remote work settings. Through our programs and services, we seek to empower individuals with mental illness to lead fulfilling and productive lives, while also advancing public understanding and awareness of mental health issues.
What it reported doing in 2024
Empower Minds Community Center Empower Minds Community Center is a welcoming hub severying over 100 peoplen daily dedicated to helping individuals living with mental health challenges build meaningful careers and establish long-lasting stability. It offers remote job training, digital skills development, workforce coaching, peer support, and entrepreneurship opportunities.
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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 82
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.5%; rating input score 88
- Program expense ratio: 90.9%; rating input score 91
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 2.6%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 0.09; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 28.3%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: 40.3% per year; rating input score 100; 89th percentile among comparable filings
- Revenue growth: 15.6% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 34.7% per year; rating input score 100; 90th percentile among comparable filings
Details
- Where the money goes: 88.5% of revenue deployed · 90.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $146K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 1 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Sustainability: Operating margin scored 42/100.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- High — Sustainability: Officer compensation ratio scored 12/100.