Hope Tribe
Nonprofit profile at a glance
- EIN
- 854329866
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Richardson, TX, USA
- Phone
- 8315889049
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $118,338
- Expenses
- $90,647
- Assets
- $45,259
- Liabilities
- $1,351
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- DEREK DOMINGUEZ (PRESIDENT)
People named in this filing
- DEREK DOMINGUEZ (PRESIDENT)
- MEAGIN DOMINGUEZ (TREASURER)
- BOB TILL (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 tribe is a 501(c)(3) public charity that helps people take action by joining a micro-community of 10-20 people that provide the financial, emotional, and spiritual support a refugee needs to rebuild their life.
What it reported doing in 2024
Hope tribes 1. We discover familes to serve the hope tribe team prayerfully identifies refugees that are in need and open to support. We then discern and develop a unique plan to assist them for a specific length of time. 2. A hope tribe is rallied to provide support for a season. This support meets the practical and holistic assistance to help refugees rebuild their lives. 3. We celebrate together we celebrate the the journey from despair to hope in the lives of our new friends, and in our own hearts. When we take risks to love our neighbors, everyone involved wins. 30 familes were specifically served through our hope tribe continuum of care in 2024.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 58% for direct work, and 42% for grants.
The verdict
SUPPORTED - 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 reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 100
- Sustainability: 54
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.4%; rating input score 61
- Program expense ratio: 80.1%; rating input score 80
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: 23.4%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 0.5; rating input score 38; 38th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 34; 34th percentile among comparable filings
- Officer compensation ratio: 21.8%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 61.4% of revenue deployed · 80.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $73K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- 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.
- Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
- High — Sustainability: Officer compensation ratio scored 15/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 34/100.