Virginia's House of Hope

Nonprofit profile at a glance

EIN
204617600
IRS 990-EZ coverage
2011–2019
Forms available
Form 990-EZ 2019
Location
New York, NY, USA
Phone
2035540521
Rating
56
Verdict
MIXED
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$91,504
Expenses
$67,237
Assets
$112,164
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • L ANTONIO LITMAN (PRESIDENT)
  • SOPHIA BROWN (EXECUTIVE DIRECTOR)

People named in this filing

  • L ANTONIO LITMAN (PRESIDENT)
  • ESTER GEDDIS (SECRETARY)
  • DREANA GIBEL (TREASURER)

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 2019. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of Virginia's house of hope is to partner with schools and agencies throughout the city to identify families with school-aged children in need. We work to help these families gain access to food, clothing and other basic necessities by lending a helping hand. We work to instill hope in the hearts of children so that they may learn, grow and prosper here in New York- the greatest city in the world.

What it reported doing in 2019

Virginia's house of hope (vhoh) donates both time and tangible resources to disadvantaged families throughout the five boroughs of New York city.

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 100% of its reported program spending out as grants.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 16
  • Transparency & Controls: 100
  • Sustainability: 70
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 13.7%; rating input score 14
  • Program expense ratio: 18.7%; rating input score 19

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: 26.5%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 1.67; rating input score 59; 59th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 1% per year; rating input score 100; 56th percentile among comparable filings
  • Revenue growth: 7.2% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: -6.9% per year; rating input score 0; 22nd percentile among comparable filings

Details

  • Where the money goes: 13.7% of revenue deployed · 18.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $13K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 9 filing years from 2011 to 2019
  • 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.

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 14/100.
  • High — Financial Efficiency: Program expense ratio scored 19/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 59/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.