Hope Network Southeast
Nonprofit profile at a glance
- EIN
- 383242727
- IRS 990 coverage
- 2009–2009
- Forms available
- Form 990 2009
- Location
- Grand Rapids, MI, USA
- Phone
- 6163018000
- Rating confidence
- Limited
- Sector
- Housing Development, Construction, Management
- Affiliation
- Christianity
Reported finances
- Revenue
- $8,139,570
- Expenses
- $7,967,103
- Assets
- $2,134,069
- Liabilities
- $745,501
Source: IRS Form 990. Selected filing: tax year 2009. Amounts in USD.
Leadership & pay
8 people listed
Source: IRS Form 990. Selected filing: tax year 2009. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Hope network is a christian organization that empowers people with disabilities or disadvantages to achieve their highest level of independence.
What it reported doing in 2009
Hope Network Southeast provides crisis residential treatment and intensive residential treatment programs for individuals with mental illness.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 84
- Accountability: 42
- Sustainability: 44
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 59th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
- Governance controls: 9 of 9 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: 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: 2.1%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 0.27; rating input score 13; 13th percentile among comparable filings
- Liabilities to assets ratio: 0.35; rating input score 45; 45th percentile among comparable filings
- Officer compensation ratio: 1.3%; rating input score 83; 83rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 0 of 8 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $6.7M in reported program spending
- Leadership: top reported pay $218K · 8 people listed · 4 of 6 pay-setting controls reported
- Consistency: 29 of 29 current checks pass
- Schedules: 8 filed schedules · includes major donors and executive pay
- Related organizations: 37 filed related-organization links
- 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 — Accountability: Independent voting board scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 13/100.
- Review — Sustainability: Operating margin scored 53/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 45/100.