Vigilant Hope Inc
Nonprofit profile at a glance
- EIN
- 205804466
- IRS 990 coverage
- 2014–2025
- Forms available
- Form 990 2025, Form 990-T 2025, Form 990-N 2008
- Location
- Wilmington, NC, USA
- Phone
- 9105382547
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $786,534
- Expenses
- $776,376
- Assets
- $688,186
- Liabilities
- $308,657
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- JEREMY HARDY (FORMER EXECUTIVE DIRECTOR)
- DUKE LINEBERRY (FORMER PRESIDENT)
- LAURA BULLOCK (EXECUTIVE DIRECTOR)
Highest reported compensation
- LAURA BULLOCK (EXECUTIVE DIRECTOR): $79,807 total reported compensation
- JEREMY HARDY (FORMER EXECUTIVE DIRECTOR): $45,100 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Following the way of jesus, we work with wilmington's southside toward thriving and equipping faith communities to walk with neglected neighbors.
What it reported doing in 2025
Community hospitality initiativethe organization operated a wholesale coffee roasting initiative and a community cafe to support its exempt purpose of fostering cross-cultural connection, economic opportunity, and community engagement. The cafe provided a welcoming space for all individuals, created employment opportunities for people experiencing poverty, and supported a minority-owned small business through affordable rental space. These activities also served to raise awareness of the organization's mission and amplify the voices of marginalized community members through events and storytelling. The roastery is a job-training and apprenticeship site that gives southside youth a meaningful employment experience, advancing our economic-opportunity mission. The roastery is where community members and donors come together to engage with vigilant hope and one another, functioning as a community center whose costs are supplemented by the sale of coffee and goods.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 92
- Accountability: 81
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.9%; rating input score 75
- Program expense ratio: 64.4%; rating input score 64
- Fundraising efficiency: $20.7 raised per $1 spent on fundraising; rating input score 57; 57th percentile among comparable filings
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: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 85.7%; rating input score 86; 23rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: 1.3%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 0.89; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0.45; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 16.1%; rating input score 22; 22nd percentile among comparable filings
Growth
- Program expense growth: 17% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: 15.1% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: 21.9% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 74.9% of revenue deployed · 64.4% of spending went to programs
- Governance: 6 of 7 board members independent · 6 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $500K in reported program spending
- Leadership: top reported pay $80K · 9 people listed
- Consistency: 23 of 23 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 11 filing years from 2014 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.
- Review — Financial Efficiency: Fundraising efficiency scored 57/100.
- Moderate — Sustainability: Operating margin scored 34/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- High — Sustainability: Officer compensation ratio scored 22/100.