Hope House Foundation

Nonprofit profile at a glance

EIN
540804383
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Norfolk, VA, USA
Phone
7576256161
Rating
87
Verdict
STRONG
Rating confidence
Standard
Sector
Community Service Clubs

Official website

Reported finances

Revenue
$16,449,307
Expenses
$16,243,330
Assets
$12,498,678
Liabilities
$4,233,007

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

Leadership & pay

21 people listed

Executive titles in this filing

  • BRYAN FOWLER (VICE PRESIDENT)
  • TOM MOSS (PRESIDENT)
  • SHANNON POCIASK (EXECUTIVE DIRECTOR)
  • SUSAN HENDERSON (ASSOCIATE EXECUTIVE DIRECTOR)

Highest reported compensation

  • SHANNON POCIASK (EXECUTIVE DIRECTOR): $125,041 total reported compensation
  • SUSAN HENDERSON (ASSOCIATE EXECUTIVE DIRECTOR): $113,932 total reported compensation
  • KIMBERLY E BRITT-MURELL (SERVICE COORDINATOR): $113,514 total reported compensation

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

Overview

Mission

We believe neighborhoods and communities are enhanced when all the people in them, including those with disabilities, participate fully. Our services are based on the conviction that people with disabilities should live in their own homes and have control over their day-to-day lives just as do people without disabilities. We believe that being a part of the community should not be limited by attainment of certain skills. Helping people achieve true citizenship requires all of us to make the concepts of freedom and choice a reality. We do this through our services, our participation in our community, and within our hearts - each day, every day.

What it reported doing in 2024

Hope house foundation is a not-for-profit organization that provides supportive living services to 120 adults with intellectual and developmental disabilities in cities throughout south hampton roads. Hope house foundation is an organization in Virginia that supports persons with intellectual and developmental disabilities living exclusively in their own homes. Hope house foundation is dedicated to the philosophy of supported living; where people with disabilities control their own lives and make everyday choices about how they live, who they live with, who supports them, and what level of support they desire. Our services are based on the conviction that people with disabilities have the right to live in their own homes and have control over their day-to-day lives, just as do people without disabilities. Every person we serve lives in their own apartment or home and receives the exact level of support they need to engage in everyday life. Most of the people we serve live in apartment buildings, where they live side-by-side with other citizens, as friends, neighbors and coworkers.

Operating model

Revenue model
Other-operating. 89% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 98% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 100
  • Accountability: 100
  • Sustainability: 38
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.3%; rating input score 82
  • Program expense ratio: 83.6%; rating input score 84
  • Fundraising efficiency: $4.08 raised per $1 spent on fundraising; rating input score 16; 16th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th 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: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.3%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 0.77; rating input score 27; 27th percentile among comparable filings
  • Liabilities to assets ratio: 0.34; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 4.2%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: 6.5% per year; rating input score 100; 53rd percentile among comparable filings
  • Revenue growth: 6.7% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: 8.5% per year; rating input score 100; 58th percentile among comparable filings

Details

  • Where the money goes: 82.3% of revenue deployed · 83.6% of spending went to programs
  • Governance: 14 of 14 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $13.6M in reported program spending
  • Leadership: top reported pay $125K · 21 people listed
  • Highest-paid contractors: 2 contractors listed · $390K reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 8 filed schedules · includes major donors and grants
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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: Fundraising efficiency scored 16/100.
  • Moderate — Sustainability: Operating margin scored 39/100.
  • High — Sustainability: Total-asset coverage ratio scored 27/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 42/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.