Homes of Hope Inc

EIN: 010772839 501(c)(3) Human Services

Wray, CO

Total Revenue
$177,246
Total Expenses
$144,488
Total Assets
$74,328
Net Assets
$62,327
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
CO
Phone
9705760789
Tax Period
2023-01-01 to 2023-12-31

Homes of Hope Inc, founded in 2003, is a small nonprofit in the Human Services sector that reported $177K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $33K, a strong 18% operating margin.

Mission

Homes of Hope, Inc. is active in combating trafficking of persons. Our desire is to create a culture of freedom from the cycles of forced sex thereby restoring every child's dignity and innocence.

Program Service Accomplishments

Program 1
Expenses: $130,040

Homes of Hope helps communities build safety nets; encourages our network of stakeholders to combat trafficking; and empowers individuals to build new lives toward freedom from forced sex.Homes of...

Read more

Homes of Hope helps communities build safety nets; encourages our network of stakeholders to combat trafficking; and empowers individuals to build new lives toward freedom from forced sex.Homes of Hope's approach in working with communities is to create ownership, give resources, and build referral pathways. Community leaders create action plans for protecting children, referring victims of forced sex, and creating a culture of freedom from sexual exploitation. Additionally, the victim's larger family, who struggled with sexual violence, was visited to provide family conferencing and awareness. Homes of Hope regularly worked in over forty (40) communities which represents over 9,000 individuals.Another arm of prevention is teaching children that they can protect themselves from sexual abuse and exploitation. This is done through teaching children they are responsible for their body and they may speak up in an evidence based three-week curriculum. This lesson is critical as the culture of silence has quieted so many victims of gender-based violence. Our preschool toolkit was used by 313 Fijian Early Childhood Teachers in their schools.Homes of Hope works primarily in the Fiji Islands. Yet, last year we were able to network and share knowledge with seven of the 15 other South Pacific Island nations to take our training, paradigms, and ideas of victim care. Homes of Hope also is a member of the Anti-Trafficking Task force and works closely with the Ministry of Women, Social Welfare, Homes Affairs, and others. Through the task force, we continue to reach out for awareness on trafficking and sexual exploitation from our 23 members.Our residential training campus is dedicated to girls aged 11-26 years old. These teen-aged girls joined to receive hard skill training in computer, hospitality, cooking, food processing, baking, and gardening. As well, they participated in programs to develop soft skills in financial literacy, therapy, mothering, and their inner life. Homes of Hope referred 53 girls to our networked partners; another 25 girls were members of the residential training center.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $177,241
Program Service Revenue $0
Investment Income $5
Other Revenue $0
TOTAL REVENUE $177,246

Expense Breakdown

Grants Paid $0
Salaries & Benefits $43,592
Fundraising Expenses $4,335
Program Expenses $130,040
Other Expenses $100,896
TOTAL EXPENSES $144,488

Year-over-Year Comparison

2023 2022 Change
Revenue $177,246 $134,501 +0.3%
Expenses $144,488 $129,073 +0.1%
Net Income $32,758 $5,428 +5.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
5
Employees
1
Volunteers
3

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$43,592
Total Directors
3
$43,592
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark Roche Treasurer 70.00
Officer Director
$35,000 $8,592 $43,592
William Dunning President 2.00
Officer Director
$0 $0 $0
Kelly Triplett Secretary 2.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $177,246 $144,488 $74,328 $32,758
2022 $134,501 $129,073 $41,569 $5,428
2021 $174,941 $168,753 $38,601 $6,188
2020 $125,525 $117,021 $30,579 $8,504
2019 $119,027 $197,872 $26,575 $-78,845
2018 $257,644 $188,646 $105,420 $68,998
Explore More Nonprofits
Top 100 Nonprofits in Colorado Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Homes of Hope Inc with other nonprofits in Colorado and across the country.