New Hope Ministries Inc

Nonprofit profile at a glance

EIN
541661280
IRS 990 coverage
2014–2014
Forms available
Form 990 2014
Location
Washington, DC, USA
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.

Reported finances

Revenue
$1,410,984
Expenses
$1,409,197
Assets
$715,653
Liabilities
$176,390

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • John L Shetterly (Executive Director)
  • R Scott Gardner (President)
  • Gary Hines (Vice President)

Highest reported compensation

  • John L Shetterly (Executive Director): $138,616 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To develop and implement ways of empowering people in need toward self-sufficiency through housing, counseling, job training and education.

What it reported doing in 2014

Shelter Operations - The Open Door Shelter for Women and the John Young Shelter for Women programs provide overnight emergency shelter for 193 homeless women from 7:00 PM to 7:00 AM with a modest evening meal, showers, limited storage and basic social services. During periods of hypothermia or hyperthermia alerts these facilities remain open. An additional 18 transitional program beds are provided with more extensice case management. For the fiscal year ended June 30, 2015, New Hope Ministries served a total of 1,002 women, 39.9% of whom were over 50 years of age. The staff provides referrals to a variety of mainstream and housing services.

Operating model

Revenue model
Grant-funded. 98% of the money available for current operations came from government grants.
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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 93
  • Accountability: 78
  • Sustainability: 34
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 89.2%; rating input score 89
  • Program expense ratio: 89.1%; rating input score 89
  • Fundraising efficiency: $591 raised per $1 spent on fundraising; rating input score 97; 97th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 6th 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: 80%; rating input score 80; 16th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • 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: 0.1%; rating input score 37; 37th percentile among comparable filings
  • Total-asset coverage ratio: 0.51; rating input score 27; 27th percentile among comparable filings
  • Liabilities to assets ratio: 0.25; rating input score 36; 36th percentile among comparable filings
  • Officer compensation ratio: 9.8%; rating input score 35; 35th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 89.2% of revenue deployed · 89.1% of spending went to programs
  • Governance: 4 of 5 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.3M in reported program spending
  • Leadership: top reported pay $139K · 5 people listed
  • Consistency: 26 of 27 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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: 2 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 37/100.
  • High — Sustainability: Total-asset coverage ratio scored 27/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 36/100.
  • Moderate — Sustainability: Officer compensation ratio scored 35/100.