The Hope Walk Foundation
Nonprofit profile at a glance
- EIN
- 273719584
- IRS 990-EZ coverage
- 2011–2011
- Forms available
- Form 990-EZ 2011
- Location
- Sterling, VA, USA
- Phone
- 7035477903
- Rating
- 42
- Verdict
- MIXED
- Rating confidence
- Limited
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $196,775
- Expenses
- $165,227
- Assets
- $18,414
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Amounts in USD.
Leadership & pay
3 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Hope Walk Foundation was established to help bring awareness and support to local charities by hosting fitness related events throughout the nation. Funds generated from these events are used to make grants, scholarships, assistance and financial support to other charitable organizations whose mission is to encourage health, fitness, wellness, education, and/or sports activities in their respective communities.
What it reported doing in 2011
The Hope Walk Foundation 2011 activities included its first fundraising event, The 2011 Super Bowl Walk, held in February 2011. Sponsorships and registrations for the walk resulted in proceeds of $196,775. 65% of net event proceeds were contributed directly to Fort Worth charities 45% to Cook Childrens Hospital and 20% to Fort Worth Independent School District.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 15
- Transparency & Controls: 82
- Sustainability: 40
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 24.2%; rating input score 24
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 16%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 0.11; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 24.2% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 2 filed schedules
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Financial Efficiency: Mission deployment rate scored 24/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.