Hope Network Inc
Nonprofit profile at a glance
- EIN
- 391475304
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990 2021, Form 990-EZ 2024
- Location
- Menomonee Falls, WI, USA
- Phone
- 2622517333
- Rating
- 56
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Child Abuse, Prevention
Reported finances
- Revenue
- $62,712
- Expenses
- $106,060
- Assets
- $73,506
- 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
- ANA SAAVEDRA (EXECUTIVE DIRECTOR/TREASURER)
- RITA SAAVEDRA (BOARD PRESIDENT)
- JESSICA JANZ-MCKINGHT (VICE PRESIDENT/SECRETARY)
People named in this filing
- ANA SAAVEDRA (EXECUTIVE DIRECTOR/TREASURER)
- RITA SAAVEDRA (BOARD PRESIDENT)
- JESSICA JANZ-MCKINGHT (VICE PRESIDENT/SECRETARY)
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
Hope network's mission is to provide women parenting alone in milwaukee and the surrounding area with resources to build self-reliance and strong families. Hope network is launching the hope program to mentor women parenting alone for three years, providing supplies and support.
What it reported doing in 2024
Time of hope: this is an annual fundraiser to raise unrestricted funds to cover costs of administration as well as the costs of scholarships, diapers, cribs, layettes, and other needs of our members. These funds are also used for mother's day and other holiday events for our members.
Operating model
- Revenue model
- Donor-supported. 99% 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
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 24
- Transparency & Controls: 100
- Sustainability: 30
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 28%; rating input score 28
- Program expense ratio: 16.5%; rating input score 17
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: -69.1%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 0.69; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -18.9% per year; rating input score 0; 19th percentile among comparable filings
- Revenue growth: 3% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: 9.5% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 28% of revenue deployed · 16.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $18K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
- High — Financial Efficiency: Mission deployment rate scored 28/100.
- High — Financial Efficiency: Program expense ratio scored 17/100.
- High — Sustainability: Operating margin scored 10/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.