Hope Made Real Inc
Nonprofit profile at a glance
- EIN
- 263209888
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024, Form 990-EZ 2013
- Location
- Williamsport, PA, USA
- Phone
- 5709982620
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
Reported finances
- Revenue
- $395,387
- Expenses
- $286,963
- Assets
- $110,009
- Liabilities
- $105
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- CAROL FALKE (PRESIDENT)
People named in this filing
- GERALD BROWN (CHAIR)
- TIM BROWN (DIRECTOR)
- MARILYN ELY-YORKS (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Hope made real, inc. Is a charitable organization dedicated to improving the lives of children and adults in the country of rwanda. Started in 2008, hope made real, inc. Supports various projects in rwanda with the aim of assisting the country's orphaned and abandoned children and other poor and vulnerable residents of rwanda.
What it reported doing in 2024
Children's operations: hope made real supports the urukundo foundation in muhanga, rwanda, which provides educational services to community children, as well as support for the children who were residents of the urukundo home for children and are now in kinship placement or foster homes. This support includes all school expenses as well as medical insurance. Hope made real also provides funds for the maintenance of the physical facilities of the urukundo foundation. Day care inside play area was tiled and outside play area is being improved. Dental practice continues while waiting for a license from rwandan government. Kitchen rebuild is completed with new building connected to the dining room, new furnishings and appliances to improve efficiency. Buildings used for temporary kitchen are now ongoing storage and office space. Purchased new generator.
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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 62
- Accountability: 70
- Sustainability: 58
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.1%; rating input score 71
- Program expense ratio: 98%; rating input score 98
- Fundraising efficiency: $402.22 raised per $1 spent on fundraising; rating input score 95; 95th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: 1 of 8 controls in place; rating input score 12
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 100%; rating input score 100; 80th 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; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 27.4%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 0.38; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 56; 56th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: -2.9% per year; rating input score 0; 21st percentile among comparable filings
- Revenue growth: 1.6% per year; rating input score 100; 32nd percentile among comparable filings
- Asset growth: 10.8% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 71.1% of revenue deployed · 98% of spending went to programs
- Governance: 8 of 8 board members independent · 2 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $281K in reported program spending
- Leadership: top reported pay $0 · 9 people listed · 0 of 6 pay-setting controls reported
- Consistency: 20 of 20 current checks pass
- Schedules: 8 filed schedules · includes major donors, foreign activity, grants, and executive pay
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Transparency & Controls: Foreign activity oversight: 7 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- Review — Sustainability: Liabilities to assets ratio scored 56/100.