Hopes and Dreams Inc
Nonprofit profile at a glance
- EIN
- 334288207
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Velpen, IN, USA
- Rating
- 57
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Emergency Assistance
Reported finances
- Revenue
- $5,247
- Expenses
- $3,731
- Assets
- $1,516
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Michael Taber (President)
- Lily Taber (Vice President)
People named in this filing
- Michael Taber (President)
- Lily Taber (Vice President)
- Stacy Taber (Treasurer)
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
Assisting those in need by offering emergency non-perishable food clothing hygiene products.
What it reported doing in 2025
We helped 203 individuals with food clothing and hygiene items in 2025
Operating model
- Revenue model
- Donor-supported. 71% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% 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
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 43
- Transparency & Controls: 82
- Sustainability: 52
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 37.5%; rating input score 37
- Program expense ratio: 52.7%; rating input score 53
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 28.9%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 0.41; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 37.5% of revenue deployed · 52.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $2K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 37/100.
- Review — Financial Efficiency: Program expense ratio scored 53/100.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.