Newhope Charities
Nonprofit profile at a glance
- EIN
- 861492925
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024
- Location
- Mansfield, OH, USA
- Rating
- 37
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $34,288
- Expenses
- $26,797
- Assets
- $109,151
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Brock Spurling (President)
- Steve Mckown (Vice-President)
People named in this filing
- Brock Spurling (President)
- Karissa Cobler (Treasurer)
- Teresa Alt (Secretary)
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
To undertake all activities appropriate for a civic league exempt from income tax pursuant to IRC Section 501c4 no part of net earnings of corporation inures to the benefit of any of its members. Provides items to individuals with developmental disabilities and plans events and conducts levy outreach efforts.
What it reported doing in 2024
Funds were sent to Richland County Board of Developmental Disabilities Gift Fund to help purchase items for individuals with developmental disabilities in the amount of $8066 to benefit at least 20 individuals depending on the need of the disability.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Sustainability: 65
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 21.8%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 4.07; rating input score 80; 80th 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: Limited
- Revenue growth: -18.4% per year; rating input score 0; 16th percentile among comparable filings
- Asset growth: 7.1% per year; rating input score 100; 65th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 1 filed schedules
- Filing history: 2 filing years from 2023 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.