CENTER OF HOPE

EIN: 460463138 501(c)(3) Human Services

SIOUX FALLS, SD

Total Revenue
$462,678
Total Expenses
$438,476
Total Assets
$521,211
Net Assets
$520,633
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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

Formation Year
2000
Legal Domicile
SD
Phone
6053349789
Tax Period
2024-04-01 to 2025-03-31

CENTER OF HOPE, founded in 2000, is a small nonprofit in the Human Services sector that reported $463K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $438K left a modest 5% surplus.

Mission

THE CENTER OF HOPE EXISTS TO WALK ALONGSIDE PEOPLE, TO BRING SPIRITUAL AND PHYSICAL HEALTH, AND ULTIMATELY CHANGE THE COMMUNITY ONE LIFE AT A TIME.

Program Service Accomplishments

Program 1
Expenses: $377,021

Center of Hope encourages and mentors people with the hope of redemption through Jesus Christ. Our focus is holistically addressing physical, emotional, social and spiritual needs of individuals that...

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Center of Hope encourages and mentors people with the hope of redemption through Jesus Christ. Our focus is holistically addressing physical, emotional, social and spiritual needs of individuals that can only come through creating relationship and accountability. We work in partnership with community organizations to engage in a consistent and positive interaction with guests. Programs include a free clinic which provides general medical care for the uninsured; Geared to Empower bike ministry; a Care Center which offers counseling, affordable clothing and refreshments.

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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 (2024)

Revenue Breakdown

Contributions & Grants $348,830
Program Service Revenue $54,503
Investment Income $17,192
Other Revenue $42,153
TOTAL REVENUE $462,678

Expense Breakdown

Grants Paid $0
Salaries & Benefits $277,747
Fundraising Expenses $905
Program Expenses $377,021
Other Expenses $160,729
TOTAL EXPENSES $438,476

Year-over-Year Comparison

2024 2023 Change
Revenue $462,678 $390,256 +0.2%
Expenses $438,476 $354,674 +0.2%
Net Income $24,202 $35,582 -0.3%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
8
Volunteers
100

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
0
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ZACH SWANSON BOARD MEMBER 1.00
Director
$0 $0 $0
LAURIE MCDONALD BOARD MEMBER 1.00
Director
$0 $0 $0
TERI ZATZENBERGER BOARD MEMBER 1.00
Director
$0 $0 $0
KAYLA SCHNIDER BOARD MEMBER 1.00
Director
$0 $0 $0
TERI MCKENNEY BOARD MEMBER 1.00
Director
$0 $0 $0
DAVE DANCLER BOARD MEMBER 1.00
Director
$0 $0 $0
JOANNE TOLLIVER BOARD MEMBER 1.00
Director
$0 $0 $0
GARY HELDER BOARD MEMBER 1.00
Director
$0 $0 $0
ELDRID VOSSLER BOARD MEMBER 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 $462,678 $438,476 $521,211 $24,202
2024 $390,256 $354,674 $497,390 $35,582
2023 $418,626 $371,988 $468,836 $46,638
2022 $407,756 $331,645 $420,557 $76,111
2021 $483,337 $359,753 $346,074 $123,584
2020 $417,780 $413,509 $220,003 $4,271
2019 $393,200 $400,297 $215,399 $-7,097
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