Little Hopes
Nonprofit profile at a glance
- EIN
- 872989033
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- St Paul, MN, USA
- Phone
- 5074508581
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $118,723
- Expenses
- $87,641
- Assets
- $35,394
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Sheri Sweep (President)
People named in this filing
- Sheri Sweep (President)
- Greta Sikorski (Treasurer)
- Sarah Rose Battles (Director)
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
Little Hopes exists for community members to help each other live with dignity by providing support and hope to those who are struggling. We provide our clients with household items, car repairs, medical costs, school supplies, clothing, holiday and birthday gifts, and other items they need but could not otherwise afford. We aim to provide stability and dignity while meeting our clients needs.
What it reported doing in 2024
Little Hope Event Purchases: Little Hopes helps every family with life's celebrations from providing gifts/treats for children's birthdays to sponsoring holiday meals, providing new warm coats/clothing at our fall event and household items like vacuums, bedding and cookware at our winter event.
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. Total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 82
- Sustainability: 54
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.5%; rating input score 72
- 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: 26.2%; rating input score 80; 80th percentile among comparable filings
- Total-asset coverage ratio: 0.4; rating input score 32; 32nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 27.5% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: 40.5% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 126.3% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 71.5% of revenue deployed · 96.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $85K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Sustainability: Total-asset coverage ratio scored 32/100.