NEW HOPE OF INDIANA INC

EIN: 351733591 501(c)(3)

INDIANAPOLIS, IN

Total Revenue
$36,279,887
Total Expenses
$30,277,642
Total Assets
$26,199,592
Net Assets
$22,580,393
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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
IN
Principal Officer
ALLISON WHARRY
Phone
3172223220
Tax Period
2024-07-01 to 2025-06-30

NEW HOPE OF INDIANA INC, founded in 1988, is a mid-sized nonprofit that reported $36.3M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.0M, a strong 17% operating margin.

Mission

NEW HOPE OF INDIANA, INC. IS A LEADER IN PROVIDING HOLISTIC SERVICES AND RESOURCES TO PERSONS WITH DISABILITIES AND THEIR FAMILIES WHILE ADVOCATING TO ADVANCE THE OPPORTUNITIES FOR THOSE IN NEED OF SUPPORT.

Program Service Accomplishments

Program 1
Expenses: $13,454,346 Revenue: $15,372,245

NEW HOPE OF INDIANA, INC. HAS BEEN A PROVIDER OF SUPPORTED LIVING SERVICES SINCE 1993. SUPPORTED LIVING PROVIDES PEOPLE WITH DISABILITIES THE INDIVIDUALIZED HELP THEY NEED TO LIVE SUCCESSFULLY IN A...

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NEW HOPE OF INDIANA, INC. HAS BEEN A PROVIDER OF SUPPORTED LIVING SERVICES SINCE 1993. SUPPORTED LIVING PROVIDES PEOPLE WITH DISABILITIES THE INDIVIDUALIZED HELP THEY NEED TO LIVE SUCCESSFULLY IN A HOME OF THEIR CHOICE. INDIVIDUAL SUPPORT PLANS ARE DEVELOPED WITH PROFESSIONALS, THE CLIENT AND FAMILY. SERVICES PROVIDED TO CLIENTS INCLUDE RESIDENTIAL AND COMMUNITY HABILITATION, TRANSPORTATION, NURSING AND DURABLE MEDICAL EQUIPMENT.

Program 2
Expenses: $9,274,314 Revenue: $10,596,355

NEW HOPE OF INDIANA, INC. SERVES CLIENTS IN THE GROUP HOME PROGRAM, A RESIDENTIAL ALTERNATIVE. THESE HOMES SERVE INDIVIDUALS WITH MULTIPLE DISABILITIES OR TRAUMATIC BRAIN INJURIES, OR BOTH. FOUR TO...

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NEW HOPE OF INDIANA, INC. SERVES CLIENTS IN THE GROUP HOME PROGRAM, A RESIDENTIAL ALTERNATIVE. THESE HOMES SERVE INDIVIDUALS WITH MULTIPLE DISABILITIES OR TRAUMATIC BRAIN INJURIES, OR BOTH. FOUR TO EIGHT CLIENTS LIVE IN EACH HOME LOCATED IN RESIDENTIAL AREAS THROUGHOUT THE GREATER INDIANAPOLIS AREA. EACH HOME OFFERS A STRUCTURED ENVIRONMENT, PROVIDING TRAINING IN SELF-CARE, SELF-DIRECTION, SOCIAL SKILLS AND PERSONAL INDEPENDENCE. CLIENTS PARTICIPATE IN DAY PROGRAMS OR COMPETITIVE EMPLOYMENT AND ARE ENCOURAGED TO ACTIVELY PURSUE INTEREST IN THE COMMUNITY.

Program 3
Expenses: $1,520,820 Revenue: $1,737,611

FAMILY AND COMMUNITY SERVICES - NEW HOPE OF INDIANA, INC. SERVES SOME CLIENTS IN THE FAMILY HOME. THE FAMILY AND COMMUNITY PROGRAM PROVIDES SUPPORT SERVICES WITHIN THE CHILD'S OR ADULT'S HOME AND...

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FAMILY AND COMMUNITY SERVICES - NEW HOPE OF INDIANA, INC. SERVES SOME CLIENTS IN THE FAMILY HOME. THE FAMILY AND COMMUNITY PROGRAM PROVIDES SUPPORT SERVICES WITHIN THE CHILD'S OR ADULT'S HOME AND COMMUNITY. OFFERINGS INCLUDE INDIVIDUALIZED ASSISTANCE WITH ALL ASPECTS OF THE CHILD'S OR ADULT'S LIFE INCLUDING INDEPENDENT LIVING SKILLS, COMMUNITY CONNECTIONS, AND FOLLOW THROUGH ON THERAPY OR EDUCATIONAL GOALS.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,092,828
Program Service Revenue $29,653,932
Investment Income $554,953
Other Revenue $-21,826
TOTAL REVENUE $36,279,887

Expense Breakdown

Grants Paid $0
Salaries & Benefits $24,844,785
Fundraising Expenses $296,154
Program Expenses $25,954,197
Other Expenses $5,432,857
TOTAL EXPENSES $30,277,642

Year-over-Year Comparison

2024 2023 Change
Revenue $36,279,887 $29,888,153 +0.2%
Expenses $30,277,642 $28,996,627 +0.0%
Net Income $6,002,245 $891,526 +5.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
14
Employees
497
Volunteers
317

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
$440,202
Total Directors
17
$265,802
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN COOK BOARD CHAIR 0.20
Officer Director
$0 $0 $0
SHERI ALEXANDER VICE CHAIR 0.20
Officer Director
$0 $0 $0
ALAN O'REAR TREASURER/SECRETARY 0.20
Officer Director
$0 $0 $0
AUDRA BLASDEL DIRECTOR 0.20
Director
$0 $0 $0
LORAINE BROWN DIRECTOR 0.20
Director
$0 $0 $0
SR FRANCINE BROWN DIRECTOR EMERITUS-NONVOTING 0.20
Director
$0 $0 $0
TIMOTHY COOK DIRECTOR 0.20
Director
$0 $0 $0
DARYL DAUGHTERY DIRECTOR 0.20
Director
$0 $0 $0
DENISE IRONS DIRECTOR 0.20
Director
$0 $0 $0
JOSE LUSENDE DIRECTOR 0.20
Director
$0 $0 $0
JENNIFER NORTHERN DIRECTOR 0.20
Director
$0 $0 $0
SHAUNNA REDD DIRECTOR 0.20
Director
$0 $0 $0
SUSAN ROBINSON DIRECTOR EMERITUS-NONVOTING 0.20
Director
$0 $0 $0
WILLIAM STINSON DIRECTOR 0.20
Director
$0 $0 $0
PARKER WILLIS DIRECTOR 0.20
Director
$0 $0 $0
WILLIAM WOOD DIRECTOR 0.20
Director
$0 $0 $0
ALLISON WHARRY CEO 40.00
Officer Director
$238,765 $27,037 $265,802
LAURA J TOMLIN CFO 40.00
Officer
$155,107 $19,293 $174,400
JENNIFER PFEIL FUND DEVELOPER 40.00
Highest
$128,300 $23,162 $151,462
KIKELOMO OGUNMAKINWA DSP 101.00
Highest
$124,299 $11,276 $135,575
DEBORAH AJAYI DSP 99.00
Highest
$123,043 $17,767 $140,810
OLAWALE AJAYI DSP 102.00
Highest
$151,421 $17,895 $169,316
FOLASHADE ADEJAYAN DSP 95.00
Highest
$119,597 $12,246 $131,843
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
2025 $36,279,887 $30,277,642 $26,199,592 $6,002,245
2024 $29,888,153 $28,996,627 $20,770,298 $891,526
2023 $25,608,750 $26,581,896 $17,777,254 $-973,146
2022 $25,535,714 $25,206,035 $17,612,885 $329,679
2021 $25,933,422 $23,176,418 $18,496,308 $2,757,004
2020 $24,569,077 $23,438,674 $16,784,886 $1,130,403
2019 $23,761,830 $23,181,244 $13,846,588 $580,586
2018 $23,614,588 $23,417,806 $12,969,915 $196,782
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