Hope Network Inc
Nonprofit profile at a glance
- EIN
- 800153901
- IRS 990-EZ coverage
- 2010–2011
- Forms available
- Form 990-EZ 2011
- Location
- Tucson, AZ, USA
- Phone
- 5207514673
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $148,116
- Expenses
- $141,170
- Assets
- $26,140
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Amounts in USD.
Leadership & pay
6 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Hope network, inc. Was created to serve the poor, marginalized, the homeless, the hurting and the broken through city-wide events.
What it reported doing in 2011
Our flagship event is hope fest. This event is like no other. The event is a collaboration between non-profit service agencies, for-profit companies and government. There are over 200 entities that come together to bring about positive change. The faith-based community also plays an important role. It is important to remember that this event not only provides free dental but also groceries, medical, clothing, haircuts, etc. Hope fest is all about collaboration. Everyone comes to the table with the common goal of helping others. All differences are set aside and everyone works together to truly "make a difference" on this day in the lives of those who are less fortunate. Over 1,000 volunteers help to make this event a success. .over 18,000 people attended the 2011 hope fest. The services that were provided were as follows:.dental:600 patients seen/screened114 patients for hygiene at kino 40 children55 varnishes placed150 patients for oral surgery738 teeth removed on the day of the event106 restorative patients seen at sae60 patients seen at off-site offices45 patients given voucher for partials or dentures30 flippers done75 rct vouchers givenit is estimated that the market value of the dental portion of the event is well over $500,000..medical: HIV tests - 12audiology tests - 47opthamology - 55optometry - 20 patients seen and 10 glasses givenflu shots - 120immunizations - 28 patients (multiple shots)pregnancy tests - 7sick visits - 18 patientsblood pressure - 200 patientsvisual acuities - 200-300 patientsreading glasses - 300 pairsblood sugar tests - 150podiatry - 40 patientslung tests - 122chiropractor - 60 patientsskin cancer screening - 55 patientsmammograms - 30 patients.other services:50,000 pounds of clothing given away, estimated value $200,00020 pallets of hygiene items given away, estimated value $8,000 diapers and $3,000 hygiene items2,500 bags of groceries600 haircuts1,000 free haircut vouchers5,000 lunches served20,000 beverages served3 pallets of household goods
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 99% 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 100
- Sustainability: 31
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 75.7%; rating input score 76
- Program expense ratio: 79.5%; rating input score 79
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 4.7%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 0.19; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: 24.1% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 24.4% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 30.6% per year; rating input score 100; 79th percentile among comparable filings
Details
- Where the money goes: 75.7% of revenue deployed · 79.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $112K in reported program spending
- Leadership: top reported pay $49K · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2010 to 2011
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Total-asset coverage ratio scored 19/100.
- Review — Sustainability: Operating margin scored 53/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.