OPERATION RENEWED HOPE FOUNDATION

EIN: 453848293 501(c)(3) Housing & Shelter

ALEXANDRIA, VA

Total Revenue
$1,500,394
Total Expenses
$1,273,424
Total Assets
$2,532,674
Net Assets
$1,611,008
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
VA
Principal Officer
DEBORAH SNYDER
Phone
7038878117
Tax Period
2023-01-01 to 2023-12-31

OPERATION RENEWED HOPE FOUNDATION, founded in 2011, is a community nonprofit in the Housing & Shelter sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $227K, a strong 15% operating margin.

Mission

PROVIDE QUALITY HOUSING AND SUPPORTIVE SERVICES TO OUR NATION'S VETERANS EXPERIENCING HOMELESSNESS.

Program Service Accomplishments

Program 1
Expenses: $999,536 Revenue: $48,318

EACH YEAR ORHF HELPS MORE THAN 100 VETERANS AND THEIR FAMILY MEMBERS IN THE D.C. METRO AREA WHO ARE EXPERIENCING HOMELESSNESS. EVERY CLIENT IS LITERALLY HOMELESS (LIVING IN A SHELTER, CAR, OR ON THE...

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EACH YEAR ORHF HELPS MORE THAN 100 VETERANS AND THEIR FAMILY MEMBERS IN THE D.C. METRO AREA WHO ARE EXPERIENCING HOMELESSNESS. EVERY CLIENT IS LITERALLY HOMELESS (LIVING IN A SHELTER, CAR, OR ON THE STREET), AND WE ARE WORKING TO CLEAR THE BARRIERS TO GETTING THEM INTO HOMES. WE DO THIS BY PAYING FOR APPLICATION FEES AND SECURITY DEPOSITS, COVERING TRANSPORTATION TO AND FROM LOOKING AT APARTMENTS, AND HELPING OUT WITH UTILITY BILLS. WE WORK WITH LANDLORDS AND RENTAL AGENCIES THROUGHOUT THE METRO D.C. AREA TO FIND SUITABLE PLACES FOR VETERANS AND THEIR FAMILIES AND PAY THEIR RENT FOR A PERIOD OF TIME TO PROVIDE A STABLE HOUSING ENVIROMENT. WE PARTNER WITH ORGANIZATIONS TO PROVIDE BASIC HOUSEHOLD ITEMS, PROVIDE HEALTH AND DENTAL CARE, AND ASSIST OUR VETERANS IN THE SEARCH FOR STEADY INCOME.

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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 $1,466,483
Program Service Revenue $48,318
Investment Income $20,060
Other Revenue $-34,467
TOTAL REVENUE $1,500,394

Expense Breakdown

Grants Paid $289,825
Salaries & Benefits $767,193
Fundraising Expenses $175,875
Program Expenses $999,536
Other Expenses $214,790
TOTAL EXPENSES $1,273,424

Year-over-Year Comparison

2023 2022 Change
Revenue $1,500,394 $1,103,933 +0.4%
Expenses $1,273,424 $1,047,935 +0.2%
Net Income $226,970 $55,998 +3.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
19
Volunteers
12

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
6
$113,636
Total Directors
13
$113,636
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBORAH L SNYDER PRESIDENT/CEO 40.00
Officer Director
$113,636 $0 $113,636
KARL WILLIAMS CHAIRMAN OF THE BOARD 4.00
Officer Director
$0 $0 $0
MATT TAIT VICE CHAIR 4.00
Officer Director
$0 $0 $0
GREG JACOBSON IMMEDIATE PAST CHAIR 10.00
Officer Director
$0 $0 $0
ADAM SIEGEL SECRETARY 10.00
Officer Director
$0 $0 $0
FRANK RENDON TREASURER 4.00
Officer Director
$0 $0 $0
ANNE BOLGER DIRECTOR 4.00
Director
$0 $0 $0
COL JOHN COCHRAN DIRECTOR 4.00
Director
$0 $0 $0
COL ANGELIA FARNELL DIRECTOR 4.00
Director
$0 $0 $0
CAPT JOHN M FELKER DIRECTOR 4.00
Director
$0 $0 $0
SGT JACQUELINE GRIFFIN DIRECTOR 4.00
Director
$0 $0 $0
BEN JOELSON DIRECTOR 4.00
Director
$0 $0 $0
ERIC VILLENCY DIRECTOR 4.00
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
2024 No data No data No data No data
2023 $1,500,394 $1,273,424 $2,532,674 $226,970
2022 $1,103,933 $1,047,935 $1,985,661 $55,998
2021 $1,318,898 $1,229,700 $1,986,471 $89,198
2020 $1,327,277 $1,268,847 $1,949,089 $58,430
2019 $1,060,385 $843,952 $1,837,994 $216,433
2018 $892,464 $856,370 $1,004,680 $36,094
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