House of Hope of the Pee Dee Inc

Nonprofit profile at a glance

EIN
570905013
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Florence, SC, USA
Phone
8436679000
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Neighborhood Centers
Affiliation
Christianity

Official website

Reported finances

Revenue
$3,405,912
Expenses
$3,383,490
Assets
$5,844,043
Liabilities
$244,053

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

Leadership & pay

10 people listed

Executive titles in this filing

  • JOH WEISS JR (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JOH WEISS JR (EXECUTIVE DIRECTOR): $91,698 total reported compensation

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

Overview

Mission

House of hope of the pee dee (ministry) is a nonprofit corporation whose mission is to provide food, shelter, clothing, opportunity and other assistance to the homeless, indigent or l0w income in a nondenominational christian setting.

What it reported doing in 2024

The mission mart is a thrift store where used clothing and household goods are sold to the public as a means of support. Many of the residents work at the store during thier stay at the mission which provides dignity and selfworth to the residents of the mission. The mission mart provides free clothes and other needs to the neediest. The needs include but are not limited to training and service opportunity and revenue to fund the vital programs of the mission.as the donations to the mission mart arrive, the residents learn customer service and retail related skills while receiving and sorting contributions.sales from the mission mart helps bring in additional and essential support for key programs (meals, lodging, hot showers, etc.) at both the womens and childrens's shelter and the men's shelter locations.

Operating model

Revenue model
Donor-supported. 75% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 92
  • Accountability: 79
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.6%; rating input score 77
  • Program expense ratio: 81.8%; rating input score 82
  • Fundraising efficiency: $7.38 raised per $1 spent on fundraising; rating input score 28; 28th percentile among comparable filings

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: Limited
  • 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: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 0.7%; rating input score 36; 36th percentile among comparable filings
  • Total-asset coverage ratio: 1.73; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 2.7%; rating input score 71; 71st percentile among comparable filings

Growth

  • Program expense growth: 11.4% per year; rating input score 100; 69th percentile among comparable filings
  • Revenue growth: 12.7% per year; rating input score 100; 77th percentile among comparable filings
  • Asset growth: 15.6% per year; rating input score 100; 76th percentile among comparable filings

Details

  • Where the money goes: 76.6% of revenue deployed · 81.8% of spending went to programs
  • Governance: 12 of 12 board members independent · 4 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $2.8M in reported program spending
  • Leadership: top reported pay $92K · 10 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 14 filing years from 2010 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.

  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Financial Efficiency: Fundraising efficiency scored 28/100.
  • Moderate — Sustainability: Operating margin scored 36/100.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.