Parker County Center of Hope Inc

Nonprofit profile at a glance

EIN
752762501
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Weatherford, TX, USA
Phone
8175940266
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Emergency Assistance

Official website

Reported finances

Revenue
$3,619,288
Expenses
$3,068,580
Assets
$7,867,447
Liabilities
$61,727

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

Leadership & pay

11 people listed

Executive titles in this filing

  • STACI MARKWARDT (CEO)

Highest reported compensation

  • STACI MARKWARDT (CEO): $113,159 total reported compensation

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

Overview

Mission

Helping people in poverty or crisis with basic assistance, job preparedness and educational opportunities.

What it reported doing in 2024

Education and Career Development Program: Education and Career Development offers services that strengthen academic, social and emotional skills. The Adult Basic Education program includes one-on-one GED tutoring; an adult literacy program which provides instructional support to adult learners who struggle with reading, writing, and low literacy skills; six levels of English as a Second Language; and Citizenship Prep. The Career Development program provides the knowledge, skills, and confidence needed to obtain employment and create a greater success in work. S.T.E.P.S. (Start Today Empowering Personal Success) assists students with making a plan of action and connects them with a life coach; Jobs for Life teaches life and job skill training; Computer Class teaches basic computer operations as well as instruction on MicroSoft Office Suite; The Careers Now Construction Program encourages and challenges students as they learn about career opportunities in the construction industry; The Hope Chest paid work internship program focuses on developing soft skills as they work in a retail environment; Financial Management and coaching improves financial literacy and helps students create a personal budget and gain insights into their spending habits; and CALM class helps students deal with anxiety and depression. $132,044 of volunteer labor was donated to this program. The number of classes and tutoring sessions received by participants through the Education & Career Development Program was 4,712.

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 43% for direct work, and 57% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 87
  • Accountability: 100
  • Sustainability: 71
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.9%; rating input score 75
  • Program expense ratio: 87.6%; rating input score 88
  • Fundraising efficiency: $27.12 raised per $1 spent on fundraising; rating input score 67; 67th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 88.9%; rating input score 89; 3rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 98.4%; rating input score 98; 35th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: 15.2%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 2.56; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 87; 87th percentile among comparable filings
  • Officer compensation ratio: 3.7%; rating input score 64; 64th percentile among comparable filings

Growth

  • Program expense growth: 4.1% per year; rating input score 100; 34th percentile among comparable filings
  • Revenue growth: 5.4% per year; rating input score 100; 44th percentile among comparable filings
  • Asset growth: 16.7% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 74.9% of revenue deployed · 87.6% of spending went to programs
  • Governance: 10 of 10 board members independent · 8 of 8 filing controls reported
  • Programs: 6 filed program accomplishments · $2.7M in reported program spending
  • Leadership: top reported pay $113K · 11 people listed
  • Consistency: 30 of 32 current checks pass · 2 findings to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 13 filing years from 2011 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 — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.