Therapies for Hope Inc

Nonprofit profile at a glance

EIN
863227408
IRS 990 coverage
2022–2025
Forms available
Form 990 2025, Form 990-EZ 2025, Form 990-N 2021
Location
Denver, CO, USA
Phone
7204646446
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Rehabilitative Medical Services

Official website

Reported finances

Revenue
$175,897
Expenses
$254,521
Assets
$62,464
Liabilities
$84,828

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

Leadership & pay

4 people listed

Executive titles in this filing

  • KELLY BACKES (PRESIDENT/TR)

Highest reported compensation

  • ERIC VICTOR (EXECUTIVE DI): $17,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To bring customized therapy programs to children with developmental disabilities in underserved communities in the greater denver area.

What it reported doing in 2025

Therapies for hope, inc. Is dedicated to helping children with developmental and cognitive delays and disabilities as well as their siblings and families with a focus on historically underserved communities in the greater denver metroplex. Our service objectives are achieved by offering specific therapy intensive programs and practices that deliver breakthrough and transformational results for therapy children as well as sibling programs which help the siblings develop tactics and strategies for dealing with the unique challenges that come with being the sibling of a special needs child. ------------------- more detail on schedule o -------------------

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 86
  • Accountability: 79
  • Sustainability: 10
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.3%; rating input score 91
  • Program expense ratio: 63.1%; rating input score 63
  • Fundraising efficiency: $2.01 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 20th 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: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -44.7%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 0.25; rating input score 14; 14th percentile among comparable filings
  • Liabilities to assets ratio: 1.36; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 6.7%; rating input score 29; 29th percentile among comparable filings

Growth

  • Program expense growth: -26.1% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: -37.3% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -28.1% per year; rating input score 0; 2nd percentile among comparable filings

Details

  • Where the money goes: 91.3% of revenue deployed · 63.1% of spending went to programs
  • Governance: 3 of 3 board members independent · 4 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $161K in reported program spending
  • Leadership: top reported pay $17K · 4 people listed
  • Consistency: 25 of 26 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 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 — Financial Efficiency: Fundraising efficiency scored 9/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Sustainability: Operating margin scored 5/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 14/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Transparency & Controls: Schedule G fundraiser detail did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • High — Sustainability: Officer compensation ratio scored 29/100.