HOPE AND A FUTURE INC

EIN: 421651764 501(c)(3) Human Services

PHOENIX, AZ

Total Revenue
$3,903,369
Total Expenses
$2,776,033
Total Assets
$9,302,212
Net Assets
$9,176,221
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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
AZ
Principal Officer
MICHAEL BREWER
Phone
6022585860
Tax Period
2024-08-01 to 2025-07-31

HOPE AND A FUTURE INC, founded in 2004, is a community nonprofit in the Human Services sector that reported $3.9M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.1M, a strong 29% operating margin.

Mission

TO SERVE ABUSED AND NEGLECTED CHILDREN IN THE ARIZONA FOSTER CARE SYSTEM BY HELPING THEM REACH THEIR POTENTIAL AND ACHIEVE THEIR DREAMS.

Program Service Accomplishments

Program 1
Expenses: $654,512 Revenue: $10,375

TEEN REACH ADVENTURE CAMP (TRAC) IS A SUMMER CAMP FOR CHILDREN IN FOSTER CARE WHO ARE 12 TO 15 YEARS OLD AND ROYAL FAMILY KIDS CAMP (RFKC) IS A CAMP FOR FOSTER CHILDREN FROM 7 TO 11 YEARS OLD. THESE...

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TEEN REACH ADVENTURE CAMP (TRAC) IS A SUMMER CAMP FOR CHILDREN IN FOSTER CARE WHO ARE 12 TO 15 YEARS OLD AND ROYAL FAMILY KIDS CAMP (RFKC) IS A CAMP FOR FOSTER CHILDREN FROM 7 TO 11 YEARS OLD. THESE CAMPS ARE POSITIVE, FAITH-BASED SUMMER CAMP EXPERIENCES THAT OFFER HOPE AND ENCOURAGEMENT TO FOSTER CHILDREN THAT MAY HAVE SUFFERED ABUSE, NEGLECT OR ABANDONMENT. THESE CAMPS ARE SPECIFICALLY DESIGNED TO ENSURE THE SUCCESS OF EVERY FOSTER CHILD WHO ATTENDS CAMP. THE CAMP ALSO PROVIDES MEALS, SHELTER, CLOTHING AND CHILDCARE WHILE CAMPERS ATTEND THE CAMP.(SEE SCHEDULE O)A TOTAL OF 330 FOSTER CHILDREN PARTICIPATED IN SUMMER CAMP AND 644 VOLUNTEERS. THE ESTIMATED VALUE OF VOLUNTEER TIME FOR THE CAMPS EXCEEDS $2,500,000.

Program 2
Expenses: $1,303,786

EACH YEAR OVER 800 CHILDREN "AGE OUT" OF THE SYSTEM WHEN THEY TURN 18. ACCORDING TO STATISTICS, ONE OUT OF FIVE WILL BECOME HOMELESS, ONE OUT OF FOUR BECOME INCARCERATED, 67% WILL DROP OUT OF HIGH...

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EACH YEAR OVER 800 CHILDREN "AGE OUT" OF THE SYSTEM WHEN THEY TURN 18. ACCORDING TO STATISTICS, ONE OUT OF FIVE WILL BECOME HOMELESS, ONE OUT OF FOUR BECOME INCARCERATED, 67% WILL DROP OUT OF HIGH SCHOOL AND ONLY 3% WILL EVER GRADUATE FROM COLLEGE. THE GOAL OF LIFE 360 IS TO CHANGE THESE STATISTICS AND PROVIDE HOPE TO THESE CHILDREN THAT RESIDE IN THE FOSTER CARE SYSTEM. THROUGH THIS MENTORING PROGRAM, FOSTER CHILDREN FOCUS ON BASIC SKILLS LIKE MONEY MANAGEMENT, HOUSEHOLD MANAGEMENT, PLANNING FOR COLLEGE, JOB SKILLS, AND PERSONAL HEALTH. THE PROGRAM PROVIDES CLOTHING, CASH ASSISTANCE, AND HELP WITH VARIOUS BASIC NEEDS ALONG WITH TRAINING THAT FOSTER CHILDREN NEED IN ORDER TO PROVIDE A PATHWAY OF SUCCESS IN THEIR CHOSEN CAREERS. (SEE SCHEDULE O)IN ADDITION, TRANSITIONAL LIVING SUPPORT IS PROVIDED FOR FORMER FOSTER CHILDREN WHO HAVE AGED OUT. SUPPORT INCLUDES HOUSING DEPOSITS, RENT, UTILITIES, CELL PHONE SERVICE, AND TRANSPORTATION SUPPORT. A CONDOMINIUM AND HOUSE WERE ALSO PURCHASED TO ADD TO THE INVENTORY OF TEMPORARY HOUSING AVAILABLE FOR THOSE IN NEED. THIS YEAR, 544 FOSTER CHILDREN AND 211 VOLUNTEERS PARTICIPATED IN THE LIFE 360 PROGRAM. THE ESTIMATED VALUE OF VOLUNTEER TIME FOR THE LIFE 360 PROGRAM EXCEEDS $350,000.

Program 3
Expenses: $189,761

THE ANNUAL CHRISTMAS CELEBRATION IS A FESTIVE GATHERING FOR OUR CHILDREN AND THEIR LOVED ONES, INCLUDING ARTS, CRAFTS AND PRESENTS FOR YOUNG AND OLD, AVAILABLE TO CHILDREN WHO HAVE ATTENDED OUR...

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THE ANNUAL CHRISTMAS CELEBRATION IS A FESTIVE GATHERING FOR OUR CHILDREN AND THEIR LOVED ONES, INCLUDING ARTS, CRAFTS AND PRESENTS FOR YOUNG AND OLD, AVAILABLE TO CHILDREN WHO HAVE ATTENDED OUR PROGRAMS, THEIR FOSTER FAMILIES AND OUR VOLUNTEERS. CHILDREN AND THEIR FAMILIES RECEIVE A MEAL AND GIFTS, INCLUDING CLOTHING AS PART OF THE EVENT.THIS YEAR, APPROXIMATELY 700 VOLUNTEERS, FOSTER CHILDREN AND FAMILIES PARTICIPATED IN THE CHRISTMAS PROGRAM AND OVER 3,500 GIFTS WERE DISTRIBUTED TO ARIZONA FOSTER CHILDREN.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,399,817
Program Service Revenue $10,375
Investment Income $520,162
Other Revenue $-26,985
TOTAL REVENUE $3,903,369

Expense Breakdown

Grants Paid $710,818
Salaries & Benefits $554,018
Fundraising Expenses $409,613
Program Expenses $2,209,280
Other Expenses $1,454,467
TOTAL EXPENSES $2,776,033

Year-over-Year Comparison

2024 2023 Change
Revenue $3,903,369 $3,382,038 +0.2%
Expenses $2,776,033 $2,086,790 +0.3%
Net Income $1,127,336 $1,295,248 -0.1%
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
6
Independent Members
5
Employees
5
Volunteers
1500

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
$238,531
Total Directors
6
$238,531
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL BREWER PRESIDENT & CEO 50.00
Officer Director
$214,425 $24,106 $238,531
JESSE CURRY VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
KEVIN TYNE SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
WILLIAM RIDENOUR DIRECTOR 1.00
Director
$0 $0 $0
SCOTT SMITH DIRECTOR 1.00
Director
$0 $0 $0
JANICE BREWER DIRECTOR 1.00
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
2025 $3,903,369 $2,776,033 $9,302,212 $1,127,336
2024 $3,382,038 $2,086,790 $7,295,006 $1,295,248
2023 $2,049,816 $2,030,676 $6,010,356 $19,140
2022 $778,200 $1,664,207 $5,696,350 $-886,007
2021 $3,507,479 $1,230,306 $6,955,677 $2,277,173
2020 $2,789,551 $1,742,448 $5,600,436 $1,047,103
2019 $2,012,326 $1,310,941 $3,666,422 $701,385
2018 $2,091,152 $1,376,943 $2,611,640 $714,209
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