HOPE FOR CHILDREN FOUNDATION

EIN: 752756638 501(c)(3) Crime & Legal

DALLAS, TX

Total Revenue
$107,865
Total Expenses
$105,333
Total Assets
$2,532
Net Assets
$-86,004
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
TX
Principal Officer
Patricia L Hope Kirby Rasmussen
Phone
2143824673
Tax Period
2024-01-01 to 2024-12-31

HOPE FOR CHILDREN FOUNDATION, founded in 1998, is a small nonprofit in the Crime & Legal sector that reported $108K in total revenue in fiscal year 2024. Revenue surged 247% from the prior year, signaling strong growth momentum.

Mission

Prevention of cruelty to children: Provide proactive, prevention & intervention education to 1st responders, offering a shield of protection to prevent child abuse and help prevent child victims from falling through the cracks of the legal system. Offer referrals of education, legal, medical, food, shelter to public via online services and training, and in person training to the general public located each state of the nation free of charge. This is accomplished through our website: hopeforchildrenfoundation.org

Program Service Accomplishments

Program 1
Expenses: $44,333 Revenue: $0

Year 2024 more than 1000000 individual users and visitors accessed information from the website of Hope for Children Foundation in the United States at no charge from Hope for Children Foundation...

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Year 2024 more than 1000000 individual users and visitors accessed information from the website of Hope for Children Foundation in the United States at no charge from Hope for Children Foundation. They accessed the educational, life skills resources or referrals. Some of this access was accomplished through the help of a sizeable Noncash advertising grant targeting the United States. We also conducted a toy drive and Hope For Children Gala and over 1,466 children were provided at least one gift each. We offered free online video and website training to the general public throughout the United States supported through a NON CASH advertising grant in the amount of $25,667, it was expended for our program services to enhance the quality of life for children, teens, families and other adults. This NON CASH donation is instructed by the IRS not to be included as income to the charity since it is an NON CASH advertising donation. Therefore this amount is not included in the total income or expense for 2024 990 tax return.

Program 2
Expenses: $53,395 Revenue: $0

The Hope for Children Gala and Toy Drive information is included in the first category.

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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 $107,865
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $107,865

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $4,750
Program Expenses $97,728
Other Expenses $105,333
TOTAL EXPENSES $105,333

Year-over-Year Comparison

2024 2023 Change
Revenue $107,865 $31,042 +2.5%
Expenses $105,333 $30,860 +2.4%
Net Income $2,532 $182 +12.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
1
Volunteers
200

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
$0
Total Directors
4
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Patricia L Hope Kirby Rasmussen President-Treasurer-Executive Director 40
Officer Director Key Emp
$0 $0 $0
Pamela Noblitt Vice President 0.5
Officer Director
$0 $0 $0
Sheree Baur Secretary 0.5
Officer Director
$0 $0 $0
Pamela Mason Board of Director Member 0.5
Director
$0 $0 $0
Dr Yvette Evans Board of Director Member 0.5
$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 $107,865 $105,333 $2,532 $2,532
2024 No data No data No data No data
2023 $31,042 $30,860 $182 $182
2022 $31,429 $28,189 $3,240 $3,240
2021 $35,810 $22,284 $13,526 $13,526
2021 $35,810 $22,284 $13,526 $13,526
2020 $406,911 $408,485 $14,656 $-1,574
2019 $206,932 $247,053 $1,378 $-40,121
2019 $206,932 $247,053 $3,116,146 $-40,121
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