Overcomers with Hope Studios Inc

Nonprofit profile at a glance

EIN
455186467
IRS 990 coverage
2015–2024
Forms available
Form 990 2024, Form 990-N 2020
Location
Oakland, CA, USA
Phone
5108935103
Rating confidence
Limited
Sector
Youth Development Programs

Official website

Reported finances

Revenue
$0
Expenses
$2,887
Assets
$5,774
Liabilities
$0

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

Leadership & pay

4 people listed

Executive titles in this filing

  • Faye Oliver (Executive Director)
  • James E Watkins (CEO)

People named in this filing

  • Faye Oliver (Executive Director)
  • James E Watkins (CEO)
  • Charles Brown (Technical Instructor)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

The Mission at Overcomers with Hope Studios Inc. focuses on offering Television Broadcast Digital Arts Media Innovative Training Programs for at-risk youth, young adults, veterans, women, and other economically under-served residents of Alameda County and the general public. The goal is to expand the aptitude of our target audience by providing technical and soft skills in areas they have shown interest in and have been exposed to through other sources.

What it reported doing in 2024

The expanded mission of the Overcomers with Hope Studios program is to train multcultural, youth, ages 13-18, who primarily reside in the economically underserved areas of Oakland California. OWH Studios uses the STEM model to teach through its Television Broadcast Digital Arts Training program. Expand the OWH Media Training Program to be inclusive of the diversified population of Oakland, including Veterans and women by expanding current programs to the latest technology of live streaming faith-based services and activities; by incorporating the STEM model of teaching through its Television Broadcast Digital Arts Training Program

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 81
  • Accountability: 70
  • Sustainability: 25
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 13th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 2; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -15.1% per year; rating input score 0; 22nd percentile among comparable filings
  • Revenue growth: -24.3% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: -19.4% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: 7 of 7 board members independent · 2 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $38K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 33 of 34 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2015 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.

  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Transparency & Controls: Series program expenses within total did not reconcile in the filed values.