Housing Opportunities Project For Excellence Inc
Nonprofit profile at a glance
- EIN
- 650108794
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Miami, FL, USA
- Phone
- 3056514673
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy Organizations
Reported finances
- Revenue
- $893,225
- Expenses
- $1,229,934
- Assets
- $955,874
- Liabilities
- $8,788
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- Daniel Howe (President - CEO)
- Keenya Robertson (Past -CEO)
Highest reported compensation
- Keenya Robertson (Past -CEO): $148,767 total reported compensation
- Daniel Howe (President - CEO): $57,671 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Hope incs mission is to fight housing discrimination in miami-dade and broward counties and to promote equal housing opportunities throughout the state of Florida.
What it reported doing in 2024
Education and outreach initiative program is designed to ensure that the general public and protected classes under federal state and local fair housing laws become knowledgeable concerning their rights and the means available to seek redress for fair housing violations. The initiative also includes private housing industry provider education programs structured to furnish developers real estate brokers property managers financial institutions and the media advertising industry with the most current information necessary to fully comply with fair housing laws. Assistance is provided to local jurisdictions in meeting their mandated responsibility to affirmatively further fair housing. Fair housing counseling as well as information and referral services are provided to south Florida residents seeking housing opportunities in the private housing market.
Operating model
- Revenue model
- Grant-funded. 62% of the money available for current operations came from government grants.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 76% for direct work, and 24% for grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 80
- Accountability: 95
- Sustainability: 23
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 75.5%; rating input score 76
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 85.7%; rating input score 86; 2nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 78.2%; rating input score 78; 34th 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: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -37.7%; rating input score 4; 4th percentile among comparable filings
- Total-asset coverage ratio: 0.78; rating input score 35; 35th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 69; 69th percentile among comparable filings
- Officer compensation ratio: 16.8%; rating input score 19; 19th percentile among comparable filings
Growth
- Program expense growth: -7.6% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: 3.8% per year; rating input score 100; 36th percentile among comparable filings
- Asset growth: -7.1% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 75.5% of spending went to programs
- Governance: 15 of 15 board members independent · 7 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $929K in reported program spending
- Leadership: top reported pay $149K · 17 people listed
- Consistency: 43 of 45 current checks pass · 2 findings to review
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 7 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 7 filed related-organization links
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 4/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Accountability: Governance controls: Whistleblower policy not reported.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
- High — Sustainability: Officer compensation ratio scored 19/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.