Life Is Hope
Nonprofit profile at a glance
- EIN
- 460844867
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990 2015, Form 990-EZ 2024
- Location
- Jasper, AL, USA
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $87,215
- Expenses
- $84,169
- Assets
- $23,366
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- RICHARD LOPEZ (President)
- BRYAN MILLER (Vice President)
People named in this filing
- RICHARD LOPEZ (President)
- LINDA BURNS (Treasurer)
- BRYAN MILLER (Vice President)
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
Life is Hope will initially assist with the charitable relief efforts in Portau-Prince, Haiti. Life is Hope plans to live out Christs admonition to care for, and to give hope to, the least of these, specifically orphans, by providing housing and other basic necessities for the glory of God and the building of His Kingdom. The corporation will serve two purposes. The first purpose is to raise enough funds to be able to rebuild an orphanage that was destroyed by the earthquake that ravaged the island nation of Haiti. After the earthquake that struck Haiti in 2010, the orphanage is limited to how many children it can house. Each and every week, mothers leave the orphanage crying because they are not able to house any more children. With the funds that Life is Hope will raise, they hope to build a better facility that includes a school, a trade school, and hopefully a medical clinic. The second purpose that Life is Hope will fulfill is to help with the construction of the orphanage. Withou
What it reported doing in 2024
Life is Hope will initially assist with the charitable relief efforts in Portau-Prince, Haiti. Life is Hope plans to live out Christs admonition to care for, and to give hope to, the least of these, specifically orphans, by providing housing and other basic necessities for the glory of God and the building of His Kingdom.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 82
- Sustainability: 37
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.5%; rating input score 94
- Program expense ratio: 96.9%; rating input score 97
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 3.5%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 0.28; rating input score 20; 20th 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: -9.4% per year; rating input score 0; 28th percentile among comparable filings
- Revenue growth: -9.4% per year; rating input score 0; 25th percentile among comparable filings
- Asset growth: -6.9% per year; rating input score 0; 21st percentile among comparable filings
Details
- Where the money goes: 93.5% of revenue deployed · 96.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $82K 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 2012 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.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- Review — Sustainability: Operating margin scored 52/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.