Hope Haven Charitable Trust

Nonprofit profile at a glance

EIN
453066179
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Sedalia, CO, USA
Phone
7209001328
Rating
86
Verdict
STRONG
Rating confidence
Standard
Sector
International Relief

Reported finances

Revenue
$5,285,254
Expenses
$3,926,895
Assets
$17,324,276
Liabilities
$115,273

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • SUSAN HOLLERN (FOUNDER AND PRESIDENT)

Highest reported compensation

  • WENDY RAFFAELI (DIRECTOR OF FINANCE AND DEVELOPMENT): $125,691 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Hope haven rwanda is transforming rwandan families through a holistic approach to education and discipleship, actively demonstrating the love, hope, and truth of jesus christ.

What it reported doing in 2024

Currently operating a school and permaculture program for the people of murindi, rwanda. The school started as a preprimary school (for students from 3 to 6 years old) in 2012, and has expanded to serve preprimary through 12th grade. All grant dollars go directly to the hope haven school in rwanda which is wholly-owned by hope haven charitable trust.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 88% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 88
  • Accountability: 100
  • Sustainability: 81
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 68.6%; rating input score 69
  • Program expense ratio: 89.9%; rating input score 90
  • Fundraising efficiency: $26.24 raised per $1 spent on fundraising; rating input score 66; 66th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: 3 of 8 controls in place; rating input score 38
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Fail
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Pass
    • Conducts site visits: Pass
    • Requires grant agreements: Fail
    • May require repayment: Fail
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 25.7%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 4.41; rating input score 81; 81st percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 87; 87th percentile among comparable filings
  • Officer compensation ratio: 3.2%; rating input score 67; 67th percentile among comparable filings

Growth

  • Program expense growth: 22.1% per year; rating input score 100; 87th percentile among comparable filings
  • Revenue growth: 18.6% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 26.5% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 68.6% of revenue deployed · 89.9% of spending went to programs
  • Governance: 9 of 9 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $3.5M in reported program spending
  • Leadership: top reported pay $126K · 10 people listed
  • Highest-paid contractors: 1 contractor listed · $111K reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 8 filed schedules · includes major donors, foreign activity, and related organizations
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Transparency & Controls: Foreign activity oversight: 5 of 8 not reported.