Spirit of Hope Inc
Nonprofit profile at a glance
- EIN
- 800461686
- IRS 990 coverage
- 2020–2025
- Forms available
- Form 990 2025, Form 990-N 2019
- Location
- Carson City, NV, USA
- Phone
- 7754613331
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Human Services N.E.C.
Reported finances
- Revenue
- $623,635
- Expenses
- $627,548
- Assets
- $52,217
- Liabilities
- $53,080
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- ELLEN JACKSON (EXECUTIVE DIRECTOR)
Highest reported compensation
- JAMES JACKSON (BOARD MEMBER): $23,540 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Spirit of hope follows the 'housing first" model as a solution to homelessness by connecting people experiencing homelessness to permanent housing. Through this model, residents can achieve enough stabiliity to allow them to address areas that may have contributed to their homelessness such as trauma, employment, health, substance abuse, crinal record, and more. Each person goes through an intake process to qualify for services where a measure of care is determined.
What it reported doing in 2025
The primary program of spirit of hope is to provide safe, sober, drug free housing to low income homeless individuals residing in carson city, nv. Spirit of hope rents homes then rent rooms to individuals qwho can't afford and/or are unable to live on their own.
Operating model
- Revenue model
- Earned-program. 88% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 86
- Accountability: 76
- Sustainability: 21
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.3%; rating input score 67
- Program expense ratio: 66.8%; rating input score 67
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 15th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 80%; rating input score 80; 21st percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -0.6%; rating input score 28; 28th percentile among comparable filings
- Total-asset coverage ratio: 0.08; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: 1.02; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 3.8%; rating input score 52; 52nd percentile among comparable filings
Growth
- Program expense growth: -1.9% per year; rating input score 0; 11th percentile among comparable filings
- Revenue growth: 5.6% per year; rating input score 100; 41st percentile among comparable filings
- Asset growth: 4.9% per year; rating input score 100; 35th percentile among comparable filings
Details
- Where the money goes: 67.3% of revenue deployed · 66.8% of spending went to programs
- Governance: 4 of 5 board members independent · 5 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $419K in reported program spending
- Leadership: top reported pay $24K · 5 people listed
- Consistency: 23 of 24 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 6 filing years from 2020 to 2025
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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 — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 28/100.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 4/100.
- Review — Sustainability: Officer compensation ratio scored 52/100.