Hope of East Tennessee Inc

Nonprofit profile at a glance

EIN
620996804
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
Oak Ridge, TN, USA
Phone
8654824826
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alcohol, Drug Abuse, Treatment Only

Official website

Reported finances

Revenue
$1,806,070
Expenses
$1,418,416
Assets
$1,416,937
Liabilities
$373,118

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • BOBBY QUALLS (PRESIDENT)
  • JEFF SHAW (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JEFF SHAW (EXECUTIVE DIRECTOR): $75,863 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission at hope of east Tennessee, inc., in collaboration with ridgeview mental health center, is to provide the highest quality treatment and supportive services in a safe environment to men and women seeking recovery from substance use disorders and co-occurring mental health disorders. These services are provided without regard to race, religion, national origin, sexual preference, or financial status.

What it reported doing in 2024

Hope of east Tennessee, inc. ("hope") was chartered in 1976 in the state of Tennessee as a non-profit corporation and is governed by a volunteer board of directors. Hope operates a men's residence, referred to as, opportunity house. Opportunity house is a licensed halfway house. Decisions regarding privilege levels, discharges, etc. Are made by the staff. Each resident has a thorough assessment completed after admission, is assigned a primary counselor/case manager, and begins a specialized course of treatment depending on needs and problems. The length of stay is 90 days. Residents pay a weekly fee of $125.00 to cover room, board, and counseling provided on-site. Drug screens are performed at admission and randomly or "for cause" during the stay. In addition, hope operates transitional residences. These residences are intended to provide low cost living in a supportive and sober environment for those who need a stepping stone from the more structured environment of the halfway house into independent living. This complex consists of (3) duplex apartment units that can house up to (13) men and (12) women. Apartments are fully furnished. Supportive services are provided. The length of stay is generally 3 to 6 months. Weekly fee is $110 and covers rent, case management, and drug screens.

Operating model

Revenue model
Grant-funded. 94% of the money available for current operations came from government grants.
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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 94
  • Accountability: 69
  • Sustainability: 59
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62.4%; rating input score 62
  • Program expense ratio: 79.2%; rating input score 79
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th 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 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 21.5%; rating input score 78; 78th percentile among comparable filings
  • Total-asset coverage ratio: 1; rating input score 43; 43rd percentile among comparable filings
  • Liabilities to assets ratio: 0.26; rating input score 27; 27th percentile among comparable filings
  • Officer compensation ratio: 5.3%; rating input score 52; 52nd percentile among comparable filings

Growth

  • Program expense growth: 8.2% per year; rating input score 100; 56th percentile among comparable filings
  • Revenue growth: 9.6% per year; rating input score 100; 65th percentile among comparable filings
  • Asset growth: 16% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: 62.4% of revenue deployed · 79.2% of spending went to programs
  • Governance: 10 of 10 board members independent · 2 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $1.1M in reported program spending
  • Leadership: top reported pay $76K · 11 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • 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.

  • High — Accountability: Governance controls: 6 of 8 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
  • High — Sustainability: Liabilities to assets ratio scored 27/100.
  • Review — Sustainability: Officer compensation ratio scored 52/100.