HopeNow
Nonprofit profile at a glance
- EIN
- 264636287
- IRS 990-EZ coverage
- 2020–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2017
- Location
- Mount Vernon, OH, USA
- Rating confidence
- Limited
- Sector
- Gift Distribution
Reported finances
- Revenue
- $120,627
- Expenses
- $102,859
- Assets
- $107,874
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- Lorraine Olsheski (President - Board member)
- Kenneth Lee Rhoade (Vice President - Board member)
People named in this filing
- Lorraine Olsheski (President - Board member)
- Kenneth Lee Rhoade (Vice President - Board member)
- Beverly Actis Hierl (Board member)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
HopeNow collects and redistributes donated furniture and other durable household goods free of charge to families in need.
What it reported doing in 2025
In 2025 the agency served 227 families which included 348 adults 230 children under 18 3 Seniors or individuals with disabilities. 2790 pieces of furniture and small appliances were distributed as well as over 1000 bags of bedding and household goods. Furniture distributed included 233 beds 288 couches and chairs 96 tables and 308 dining chairs 132 dressers etc. Value of goods distributed is 86332 based on used furniture prices.
Operating model
- Revenue model
- Donor-supported. 72% of the money available for current operations came from contributions and gifts.
- 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.
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: 100
- Sustainability: 50
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
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: 14.7%; rating input score 64; 64th percentile among comparable filings
- Total-asset coverage ratio: 1.05; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 9.7%; rating input score 22; 22nd percentile among comparable filings
Growth
- Program expense growth: -74.5% per year; rating input score 0; 3rd percentile among comparable filings
- Revenue growth: 16.3% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: 15.2% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2020 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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 — Growth: Program expense growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 22/100.