New Hope Philly Inc

Nonprofit profile at a glance

EIN
471672539
IRS 990 coverage
2019–2024
Forms available
Form 990 2024, Form 990-N 2014
Location
Philadelphia, PA, USA
Phone
9012339669
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Alcohol, Drug and Substance Abuse, Dependency Prevention and Treatment

Official website

Reported finances

Revenue
$296,738
Expenses
$258,555
Assets
$483,312
Liabilities
$5,092

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

Leadership & pay

6 people listed

Executive titles in this filing

  • Bill Pruitt (Executive Director)

Highest reported compensation

  • Bill Pruitt (Executive Director): $64,971 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to provide a support system for men seeking to be free from addiction that fosters long-term success and well being. To this end, we provide housing for men that have come out of addiction. We provide life skills workshops, Biblical counseling, studying for GED examination. We provide addiction support groups and Bible study for the community. We equip men that have come out of addiction to become ministers and missionaries through attending Bible school or missionary training certification. We minister and provide community service projects including cleaning up local parks, outreaches, neighborhood beautification.

What it reported doing in 2024

- Our residential internship/discipleship program program continues to provide housing, free Bible school, and ministry training to men coming out of lifedominating addiction. - Anthony Cataldo graduated the three year missionary training we offer through New Life Bible Institute and relocated to California. He was an intern with usfor four years. We have had a total of five residential interns at NHP this year. - We began a bi-weekly support group / Bible study at the homeless shelter on Woodland Ave. We have been able to assist residents in finding employmentand several have attended studies at New Hope Philly. - A young man named Reggie moved from the homeless shelter into the residential internship program on December 1st 2024. - Our 2024 Thanksgiving outreach on November 23rd was our largest ever. We delivered turkeys, Bibles and prayer to 450 homes. - We provided Estate Planning Clinics to the community through Christian Legal Clinics of Philadelphia. Many people from the community met with attorneysand notaries leaving the church with free: Last Will and Testaments, Health Care Power of Attorney and Financial Power of Attorney documents. - We provided 50 children Christmas gifts through Operation Christmas Child. - We made "Blessing Bags" filled with gospel tracts, toiletries and snacks that were handed out to the needy in our community. - We implemented a Sunday morning kids program at NHP on November 3rd. - Our men's (Tuesday nights) and ladies ( 1st & 3rd Saturday's) Bible studies / support groups are bearing much fruit and growing. - We hired Travis Foster to be our New full-time Director of Urban Ministry. For the previous five years, Travis was a residential intern in our addictionrecovery program. - Two of our previous interns and Discipleship Leaders (Steven Davis and CJ Rodgers) were married to godly women. Pastor Bill had the pleasure ofofficiating their weddings.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 86
  • Accountability: 62
  • Sustainability: 54
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61.1%; rating input score 61
  • Program expense ratio: 70.1%; rating input score 70
  • Fundraising efficiency: $13.14 raised per $1 spent on fundraising; rating input score 47; 47th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 19th 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; 21st percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 12.9%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 1.87; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 45; 45th percentile among comparable filings
  • Officer compensation ratio: 25.1%; rating input score 14; 14th percentile among comparable filings

Growth

  • Program expense growth: 9.6% per year; rating input score 100; 69th percentile among comparable filings
  • Revenue growth: 3.2% per year; rating input score 100; 42nd percentile among comparable filings
  • Asset growth: 7.9% per year; rating input score 100; 59th percentile among comparable filings

Details

  • Where the money goes: 61.1% of revenue deployed · 70.1% of spending went to programs
  • Governance: 4 of 5 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $181K in reported program spending
  • Leadership: top reported pay $65K · 6 people listed
  • Consistency: 27 of 27 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Accountability: Governance controls: 4 of 7 not reported.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 47/100.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • High — Sustainability: Officer compensation ratio scored 14/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 45/100.