Hope Network West Michigan

Nonprofit profile at a glance

EIN
383323617
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
$38,052,880
Expenses
$37,523,399
Assets
$16,635,783
Liabilities
$11,917,337

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

Employment and Training - Workforce Development (WFD) Services work closely with job seekers, employers and community service agencies to provide services to persons with disabilities or disadvantages in seeking employment opportunities. Workforce development services serve those who have any type of physical, mental, or emotional disability as well as people confronted with cultural, economic or social disadvantages. Services provided by WFD include Vocational/ Situational Assessments, OJT/TWE's, Soft Skills Training, Job Development, Job Placement, Job Retention and one-on-one case management. WFD served 1925 individuals and assisted 443 in gaining employment over the last year. Skill Building and Community Inclusion Services provides life skills building programs and community inclusion events develop relationships and access resources within their community for 1548 people with cognitive and physical disabilities. These programs are tailored to fit an individual's needs and capabilities. Supported Employment job placement, training and retention services are provided to 127 participants.

Operating model

Revenue model
Earned-program. 96% 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: 41
  • 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; 2nd 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: 1.4%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 0.44; rating input score 20; 20th percentile among comparable filings
  • Liabilities to assets ratio: 0.72; rating input score 20; 20th percentile among comparable filings
  • Officer compensation ratio: 0.5%; rating input score 92; 92nd 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: 3 filed program accomplishments · $35M in reported program spending
  • Leadership: top reported pay $218K · 8 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed
  • Consistency: 31 of 31 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Related organizations: 36 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.
  • Moderate — Sustainability: Operating margin scored 47/100.
  • High — Sustainability: Total-asset coverage ratio scored 20/100.
  • High — Sustainability: Liabilities to assets ratio scored 20/100.