Ihopeoc Inc

Nonprofit profile at a glance

EIN
270197900
IRS 990-EZ coverage
2010–2024
Forms available
Form 990 2015, Form 990-EZ 2024
Location
Lake Forest, CA, USA
Phone
9493056218
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Homeless Centers

Official website

Reported finances

Revenue
$13,492
Expenses
$18,211
Assets
$2,871

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

Leadership & pay

8 people listed

Executive titles in this filing

  • CATHY DOMENICHINI (PRESIDENT)

People named in this filing

  • CATHY DOMENICHINI (PRESIDENT)
  • PAULETTE KOLBENSCHLAG (TREASURER)
  • NANCY MCINTYER (SECTRETARY)

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

Providing basic services to the homeless and working poor in orange county, ca. This will be done by helping them access basic wrap-around services such as housing, medical, mental health, food, clothing, case management, counseling, tutoring at public agencies or through private resources; and by providing community leadership and involvement opportunities to obtain services for the families and to generate awareness of homelessness and proverty in orange county. Form 990, part iii, line 1, description of organization mission: medical, mental health, food, clothing, case management, counseling, tutoring at public agencies or through private resources; and by providing community leadership and involvement opportunities to obtain services for the families and to generate awareness of homelessness adn proverty in orange county. Form 990, part vi, section b line 12c: the organization requires all of the officers and board members to sign the code of ehtics annually. Form 990 part vi, secti

What it reported doing in 2024

Distribution of clothing and toiletries, and provision for shelter, storage expense and transistional housing.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 94% 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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 82
  • Sustainability: 19
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67%; rating input score 67
  • Program expense ratio: 49.4%; rating input score 49

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -35%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 0.16; rating input score 14; 14th 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: -2.8% per year; rating input score 0; 40th percentile among comparable filings
  • Revenue growth: -16.1% per year; rating input score 0; 17th percentile among comparable filings
  • Asset growth: -14.2% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 67% of revenue deployed · 49.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $9K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 10 filing years from 2010 to 2024
  • 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: Program expense ratio scored 49/100.
  • High — Sustainability: Operating margin scored 17/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.