The Hope Center

Nonprofit profile at a glance

EIN
464167577
IRS 990 coverage
2014–2025
Forms available
Form 990 2025
Location
Rapid City, SD, USA
Phone
6057164673
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Support N.E.C.

Reported finances

Revenue
$662
Expenses
$39,203
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

People named in this filing

  • LORIEN PETERSEN (CHAIR)
  • HOLLI EDWARDS (VICE CHAIR)
  • JOHN DAVID BARNES (SECRETARY)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Putting god's love into action by enhancing dignity and hope as we build bridges out of poverty.

What it reported doing in 2025

The hope center was established in 2010 as an outreach project of first united methodist church in downtown rapid city, South Dakota. Initial planning for the project was driven by an expressed need of those living in poverty and/or without homes, neighborhood churches and businesses, and other non-profit agencies to have a day center in rapid city that would be able to provide basic day services in the downtown area. The hope center is modeled after the st. Francis center in denver, Colorado. The hope center concept initially began as the first united methodist church became increasingly involved with community agencies that serve those living in poverty and those without homes. Through relationships built with the people served and staff of these various agencies, it became important and apparent that the church become part of this support in substantial, long-term ways by offering a ministry aimed at serving those living in poverty and filling any gaps in services. Gaps in services for people without homes were determined through many meetings with local agency directors and it was suggested that a team visit the st. Francis center in denver, Colorado to gather ideas for a potential day center in rapid city. After this visit it became clear that a day center was an essential and unduplicated need for the community of rapid city and the church wanted to help meet this need. The church began pursuing funding options and formed a committee to begin creating the hope center. The hope center was able to open in a full-time capacity in 2011. In july 2014, the hope center gained 501(c)3 status. The hope center was a drop-in day center which offers unduplicated, unique, and crucial services in the community for those living in poverty, people without homes, and individuals without hope. The primary services offered by the hope center included a mailing center, a telephone/messaging center, and a storage facility for short and long term storage as well as documents. The hope center offered daily devotion/prayer time and weekly classes which included a sewing class, an alcoholics anonymous group, beading/arts and crafts classes, and a computer class. In addition to these primary services, the hope center had introduced new services necessary to the population served in order to increase positive outcomes and help the guests of the center move toward a better life. A primary objective of the hope center was to establish relationships with the disadvantaged in the community, provide an environment of respect and encouragement, and to be a constant in the lives of those who often times lack stability and consistency. The hope center aimed to be a trusted source of support by being a safe and stable environment for guests as well as by filling gaps in services to those in the community who are living in poverty, without homes, or are without hope. In 2022, the hope center started the process of relocating and expanding services. In 2023, a new building was purchased and the city planning and zoning commission approved the permit required to relocate. However, a nearby resident appealed their decision and the permit was denied when reviewed by the rapid city council in september 2023. The landlord of the hope center more than doubled the rent and gave notice of not renewing the lease beyond august 2024, effective september 1, 2023. Due to the unexpected circumstances, the hope center board of directors decided to close the hope center in december 2023. During 2025, the board of directors determined they were unable to continue the hope center mission without the support of the community. As such, the organization was dissolved effective december 31, 2025. See schedule i and schedule n for additional information.

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 85% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 93
  • Accountability: 88
  • Sustainability: 9
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 87%; rating input score 87
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th 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: -5,821.9%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: 1.8% per year; rating input score 100; 54th percentile among comparable filings
  • Revenue growth: -0.1% per year; rating input score 0; 56th percentile among comparable filings
  • Asset growth: 3.8% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 87% of spending went to programs
  • Governance: 7 of 7 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $34K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 14 of 14 current checks pass
  • Schedules: 4 filed schedules · includes grants
  • Filing history: 12 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 4 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.

  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 3/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Sustainability: Officer compensation ratio scored 58/100.