Post Hope Foundation Inc

Nonprofit profile at a glance

EIN
201856226
IRS 990 coverage
2015–2015
Forms available
Form 990 2015
Location
Atlanta, GA, USA
Phone
4048465020
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Public Foundations

Reported finances

Revenue
$614,046
Expenses
$559,193
Assets
$323,481
Liabilities
$37,500

Source: IRS Form 990. Selected filing: tax year 2015. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • David P Stockert (PRESIDENT)
  • Virginia H Means (Executive Director)
  • Linda J Ricklef (Executive Director)

People named in this filing

  • David P Stockert (PRESIDENT)
  • Sheryl G Cohen (SECRETARY)
  • Christopher J Papa (TREASURER)

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 2015. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The foundation's mission is to provide grants and occasional volunteerwork support to other charitable 501(c)(3) organizations concerned with the welfare of children, homelessness, education, and other social concerns.

What it reported doing in 2015

POST HOPE FOUNDATION RAISES MONEY THROUGH FUNDRAISING EVENTS, AND SUBSEQUENTLY CONTRIBUTES THAT MONEY TO OTHER CHARITABLE ORGANIZATIONS.ATL FOOD A THON & STROKES FOR HOPE GOLF TOURNAMENTATLANTA AREA PROPERTIES AND THE CORPORATE OFFICE HELD THEIR ANNUAL GOLF TOURNAMENT AND OTHER EVENTS FOR THE BENEFIT OF THE ATLANTA COMMUNITY FOOD BANK. THE FOOD BANK DISTRIBUTES FOOD & GROCERIES TO METRO ATLANTA AND NORTH GEORGIA COUNTIES. THE ATLANTA COMMUNITY FOOD BANK DONATION WAS $150,000 IN 2015.ATL CHILDREN'S HEALTHCARE CAPE DAYATLANTA AREA PROPERTIES PARTICIPATED IN CAPE DAY TO RAISE MONEY FOR CHILDREN'S HEALTHCARE OF ATLANTA. THROUGH EMPLOYEE PARTICIPATION, THE FINAL DONATION TO CHILDREN'S HEALTHCARE TOTALED $2,000.CHARLOTTE EVENTCHARLOTTE PROPERTIES PARTICIPATED IN AN EVENT TO RAISE MONEY FOR GOJENGO. GOJENGO PROVIDES FINANCIAL ASSISTANCE AND EMOTIONAL SUPPORT TO INDIVIDUALS AND FAMILIES WHO ARE BATTLING BREAST CANCER. THE GOJENGO DONATION WAS $525 IN 2015.ORLANDO DINNER AND SILENT AUCTIONOrlando area properties organized a dinner and silent auction to benefit PALS (Providing Autism Links & Support). PALS supports individuals with autism spectrum disorders in the Central Florida area. The donation to PALS totaled $4,000 in 2015.ADDISON STROKES FOR HOPE GOLF TOURNAMENTPost Addison organized their annual golf tournament to raise money for Dallas-area charitable causes. In 2015, the event raised $76,000 for LaunchAbility, Friends of Wednesdays Child and CASA (Court Appointed Special Advocates of Collin County).VA/DC STROKES FOR HOPE GOLF TOURNAMENTVirginia and Washington DC area properties held a golf tournament for the benefit of Insight Memory Care Center. The Center provides specialized care, support and education for individuals with Alzheimer's disease and other memory impairments, their families, caregivers and the community. The donation to Insight Memory Care Center in 2015 totaled $42,000.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 94% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 83
  • Accountability: 76
  • Sustainability: 56
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.7%; rating input score 89
  • Program expense ratio: 97.4%; rating input score 97
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 85.7%; rating input score 86; 1st percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 86.8%; rating input score 87; 33rd 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: 3 of 7 controls in place; rating input score 43
    • 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: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 8.9%; rating input score 67; 67th percentile among comparable filings
  • Total-asset coverage ratio: 0.58; rating input score 31; 31st percentile among comparable filings
  • Liabilities to assets ratio: 0.12; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 85; 85th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 88.7% of revenue deployed · 97.4% of spending went to programs
  • Governance: 6 of 6 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $544K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 16 of 18 current checks pass · 2 findings to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Contacts: How to reach this organization
  • Money network: 14 filed money-flow records
  • Related organizations: 15 filed related-organization links
  • 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 — Sustainability: Total-asset coverage ratio scored 31/100.
  • 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.
  • Moderate — Sustainability: Liabilities to assets ratio scored 49/100.