The Ripple Effect of Hope Foundation Inc
Nonprofit profile at a glance
- EIN
- 393182590
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025
- Location
- Lake Wylie, SC, USA
- Phone
- 8035176298
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Scholarships, Student Financial Aid Services, Awards
Reported finances
- Revenue
- $71,010
- Expenses
- $29,976
- Assets
- $42,082
- Liabilities
- $1,048
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- WALTER PAWUL JR (PRESIDENT/TREASURER)
- TIMOTHY PAWUL (VICE PRESIDENT)
People named in this filing
- DEAN FAILE (DIRECTOR)
- REBECCA DEADRICK (DIRECTOR)
- TRUESON TARNINELLI (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The ripple effect of hope foundation is committed to creating meaningful, life-changing impact through local and national support initiatives. We serve communities in North Carolina, South Carolina and Texas by identifying and assisting individuals and causes with the potential to transform lives. Our mission also extends to providing financial assistance for college education to deserving individuals, regardless of location. We support organizations where our involvement can make a substantial and lasting difference. We believe that every act of hope has the power to create ripples of positive change across families, communities, and generations.
What it reported doing in 2025
The foundation's primary activity is a scholarship program designed to provide comprehensive financial support to students in need. The scholarship covers full tuition, room and board, course materials, and other necessary expenses for the entire term of enrollment. This program is overseen by the board of directors, which is responsible for selecting recipients and ensuring that funds are disbursed directly to the educational institution each semester. At present, one hundred percent of the foundation's time and resources are being devoted to fundraising for this program. We believe that the foundation's tax-exempt status will attract new donors as well as larger contributions in the future. This will enable our foundation to raise more money, fund more scholarships, and impact more lives.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 70% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. 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: 58
- Transparency & Controls: 100
- Sustainability: 69
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 38.4%; rating input score 38
- Program expense ratio: 90.9%; rating input score 91
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 57.8%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 1.4; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 38.4% of revenue deployed · 90.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $27K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 38/100.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.