Open Hands Foundation

What it reported doing in 2024

See sch o.hope house is a youth crisis and counseling shelter provided by the organization through a partnership with 180 degrees (program service provider) and westwood community church. The shelter provides safe, stable and supportive emergency housing and counseling. Specifically, it provides: 6 beds for youth in crisis ages 14-19; 24hr/ 7days a week crisis shelter; counseling for youth, parents and family; dedicated professional staff; no cost for services; and a first call for law enforcement, schools, community organizations, healthcare providers, and families in crisis. Youth/family impact: since opening in 2015, 4,606 impacted youth: with 870 youth making overnight stays, and 3,736 inquiries have been handled through calls or texts for help. Housing stability (our goal is to have kids back in a safe/stable environment): in august 2024 - july 2025, 92% of the youth achieved this goal at exit after an average of 22 days in the shelter. In aug'24 - jul'25, 731 youth were impacted, with 83 making overnight stays. Hope house benefits teens and their families, as well as the broader community, including schools, hospitals, and law enforcement, by providing emergency shelter services, case management, advocacy, resource, referral and wrap-around services to youth. Through positive, pro-active, programming and messages, hope house builds confidence; teaches them that they have many options in life; and fosters the development of the skills, attitudes, and behaviors to make responsible choices. Hope house case managers help youth identify needs, set goals, and develop plans. Hope house teens are meaningfully connected with community resources to help them meet their goals in three key areas: housing, employment, and education. Youth are encouraged to participate in activities in the community as much as possible.during the year, we continued the expansion project for the hope house program. We started the fiscal year with temporary restricted assets for the hope house program of $857,945. During the fiscal year we received $421,695 in designated contributions to hope house and incurred $1,224,944 in related hope house program expenses, resulting in $54,696 remaining in temporarily restricted net assets at year end.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 84.5%; rating input score 85
• Fundraising efficiency: $62.27 raised per $1 spent on fundraising; rating input score 81; 81st percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: 99.7%; rating input score 100; 50th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 85.7%; rating input score 86; 20th percentile among comparable filings
• Governance controls: 4 of 8 controls in place; rating input score 50
  • 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: Fail
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -116.4%; rating input score 1; 1st percentile among comparable filings
• Total-asset coverage ratio: 0.42; rating input score 20; 20th percentile among comparable filings
• Liabilities to assets ratio: 0.07; rating input score 47; 47th percentile among comparable filings
• Officer compensation ratio: 7.8%; rating input score 44; 44th percentile among comparable filings

Growth

• Program expense growth: 19.6% per year; rating input score 100; 82nd percentile among comparable filings
• Revenue growth: 18.5% per year; rating input score 100; 84th percentile among comparable filings
• Asset growth: 31.2% per year; rating input score 100; 91st percentile among comparable filings