Whiteland, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RESOURCES OF HOPE INC, founded in 2018, is a small nonprofit in the Human Services sector that reported $219K in total revenue in fiscal year 2023. Revenue surged 71% from the prior year, signaling strong growth momentum. The organization ran a surplus of $99K, a strong 45% operating margin.
We know that 50% of foster parents quit after their first year fostering or first placement. Our programs are designed to walk alongside foster parents and support them however we can to help them foster longer while empowering them to be more equip to handle the kids in their care.
The Clothing Closet is the biggest program at Resources of Hope. More times then not, when kids enter into foster care their only possessions are the clothes on their back. At The Clothing Closet...
The Clothing Closet is the biggest program at Resources of Hope. More times then not, when kids enter into foster care their only possessions are the clothes on their back. At The Clothing Closet each child receives up to two weeks of clothing, socks, shoes, underwear, diapers, wipes, car seats, cribs, bedding, toys, hygiene products, etc.
Teen Connect is our second largest program. We meet weekly with youth ages 12-17 that are currently in foster/kinship care or those adopted from it. At all of our events, we engage in dinner and...
Teen Connect is our second largest program. We meet weekly with youth ages 12-17 that are currently in foster/kinship care or those adopted from it. At all of our events, we engage in dinner and conversation. We also have a planned activity of interest to the teens while teaching valuable life skills. The goal of Teen Connect is inspiration, personal advancement and empowerment. We believe that these goals can be achieved through engaging activities and relationships with others in a positive atmosphere.
In order to maintain your foster license, you need to have a certain number of hours of DCS approved training hours. We offer monthly Foster Parent Trainings. All of our trainings are approved by...
In order to maintain your foster license, you need to have a certain number of hours of DCS approved training hours. We offer monthly Foster Parent Trainings. All of our trainings are approved by Indiana Department of Child Services to meet their credentials. Previous trainings have included: Caring for Ethnic Hair, QPR- Suicide Prevention, CPR, Trauma Based Care, Couples Conflict Resolution.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $218,580 | $128,143 | +0.7% |
| Expenses | $119,525 | $93,578 | +0.3% |
| Net Income | $99,055 | $34,565 | +1.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Renae Furnee | Executive Director | 45.00 |
Highest
|
$32,307 | $0 | $32,307 |
| Heidi Guilkey | Operations Manager | 14.00 |
|
$9,971 | $0 | $9,971 |
| Nikkole Seal | Executive Assistant | 20.00 |
|
$5,737 | $0 | $5,737 |
| Lisa Soeurt | Board Member | 5.00 |
|
$0 | $0 | $0 |
| Jesse Waninger | Board of Director Treasurer | 5.00 |
|
$0 | $0 | $0 |
| Summer Huber | Board of Director President, Founder | 5.00 |
|
$0 | $0 | $0 |
| Kara Cecil | Board of Director Vice-President | 5.00 |
|
$0 | $0 | $0 |
| Chuck Smith | Board Member | 5.00 |
|
$0 | $0 | $0 |
| Emily Ellis | Board Member | 5.00 |
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $218,580 | $119,525 | $226,468 | $99,055 |
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