THE FAMILY HOPE FOUNDATION INC

EIN: 264505914 501(c)(3) Human Services

JENISON, MI

Total Revenue
$452,153
Total Expenses
$270,266
Total Assets
$1,296,088
Net Assets
$1,296,088
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Principal Officer
MATT LEPARD
Phone
6167803839
Tax Period
2023-01-01 to 2023-12-31

THE FAMILY HOPE FOUNDATION INC is a small nonprofit in the Human Services sector that reported $452K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $182K, a strong 40% operating margin.

Mission

INVESTING IN CHILDREN WITH SPECIAL NEEDS THROUGH FAMILY SUPPORT, ENGAGING COMMUNITY EXPERTS, ADVOCACY THROUGH COLABORATION, AND FINANCIAL ASSISTANCE TO PROVIDE ACCESS TO THERAPIES.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $427,016
Program Service Revenue $0
Investment Income $25,137
Other Revenue $0
TOTAL REVENUE $452,153

Expense Breakdown

Grants Paid $62,957
Salaries & Benefits $57,332
Fundraising Expenses $11,066
Program Expenses $247,518
Other Expenses $149,977
TOTAL EXPENSES $270,266

Year-over-Year Comparison

2023 2022 Change
Revenue $452,153 $508,853 -0.1%
Expenses $270,266 $274,722 0.0%
Net Income $181,887 $234,131 -0.2%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
3
Volunteers
5

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
5
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARAH VANDER BAAN MEMBER N/A
Director
$0 $0 $0
ERICA BABBS TREASURER N/A
Officer Director
$0 $0 $0
PEG BEALL VICE CHAIR N/A
Officer Director
$0 $0 $0
ERIN GRAHM MEMBER N/A
Director
$0 $0 $0
CHRISTINE GRIBBLE MEMBER N/A
Director
$0 $0 $0
KIM KOELE MEMBER N/A
Director
$0 $0 $0
ELISSA LAPPENGA SECRETARY N/A
Officer Director
$0 $0 $0
MATT LEPARD CHAIR N/A
Officer Director
$0 $0 $0
MAGGIE NIEMI MEMBER N/A
Director
$0 $0 $0
LORI VANDER PLOEG MEMBER N/A
Director
$0 $0 $0
MICHAEL RIOS MEMBER N/A
Director
$0 $0 $0
JAMIE ROCKHOLD MEMBER N/A
Director
$0 $0 $0
KRISTI SCHENENMAN MEMBER N/A
Director
$0 $0 $0
JENNIFER ROUDEBUSH EXECUTIVE DI N/A
Officer
$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 $452,153 $270,266 $1,296,088 $181,887
2022 $508,853 $274,722 $1,044,776 $234,131
2021 $282,197 $255,338 $923,669 $26,859
2020 $203,393 $143,132 $822,880 $60,261
2019 $139,256 $157,203 $725,835 $-17,947
2018 $213,823 $177,012 $632,973 $36,811
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