THE LADIES OF HOPE MINISTRIES INC

EIN: 832249413 501(c)(3) Community Improvement

NEW YORK, NY

Total Revenue
$2,340,082
Total Expenses
$2,990,797
Total Assets
$991,206
Net Assets
$138,032
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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
2017
Principal Officer
TOPEKA K SAM
Phone
6468200011
Tax Period
2024-01-01 to 2024-12-31

THE LADIES OF HOPE MINISTRIES INC, founded in 2017, is a community nonprofit in the Community Improvement sector that reported $2.3M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $3.0M exceeded revenue, resulting in a 28% operating deficit.

Mission

THE LADIES OF HOPE MINISTRIES - THE LOHM - IS A NOT-FOR-PROFIT ORGANIZAITON WHOSE MISSION IS TO HELP DISENFRANCHISED AND MARGINZALIZED FORMERLY INCARCERATED WOMEN.

Program Service Accomplishments

Program 1
Expenses: $1,486,083 Revenue: $1,889,670

THE HOPE HOUSE PROGRAM PROVIDES INDEPENDENT LIVING SPACE DESIGNED TO PROVIDE A HOLISTIC ENVIRONMENT OF SUPPORT SERVICES, GUIDANCE, AND SAFE HOUSING FOR WOMEN IMPACTED BY TRAUMA

Program 2
Expenses: $348,539 Revenue: $419,162

EPIC AMBASSADORS FELLOWSHIP PROGRAM TRAINS WOMEN WHO ARE IMPACTED BY THE CRIMINAL LEGAL SYSTEM TO BE LEGISLATIVE ADVOCATES, GRASSROOTS ORGANIZERS, AND LOBBYISTS. AMBASSADORS WILL DEPLOY NATIONWIDE...

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EPIC AMBASSADORS FELLOWSHIP PROGRAM TRAINS WOMEN WHO ARE IMPACTED BY THE CRIMINAL LEGAL SYSTEM TO BE LEGISLATIVE ADVOCATES, GRASSROOTS ORGANIZERS, AND LOBBYISTS. AMBASSADORS WILL DEPLOY NATIONWIDE AND OVERSEAS TO SPEARHEAD REFORM IN LOCATIONS WITH HIGH RATES OF INCARCERATION AND SIGNIFICANT POPULATIONS

Program 3
Expenses: $114,872 Revenue: $31,250

FACES OF WOMEN IMPRISONED OFFERS THE TOOLS, TRAINING, AND RESOURCES FOR WOMEN TO ELEVATE THEIR STORIES AND CHANGE THE NARRATIVE OF WHAT THEY CAN CONTRIBUTE TO THE WORLD

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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 $2,306,371
Program Service Revenue $14,200
Investment Income $101
Other Revenue $19,410
TOTAL REVENUE $2,340,082

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,156,862
Fundraising Expenses $192,272
Program Expenses $2,033,201
Other Expenses $1,833,935
TOTAL EXPENSES $2,990,797

Year-over-Year Comparison

2024 2023 Change
Revenue $2,340,082 $2,683,458 -0.1%
Expenses $2,990,797 $2,457,627 +0.2%
Net Income $-650,715 $225,831 -3.9%
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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
6
Employees
18
Volunteers
N/A

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
$362,036
Total Directors
7
$264,638
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOPEKA K SAM EXECUTIVE DI 40.00
Officer Director
$252,045 $12,593 $264,638
DR ELEANOR MOODY-SHEPHARD CHAIR 1.00
Officer Director
$0 $0 $0
LINDA ANDREWS SECRETARY 1.00
Officer Director
$0 $0 $0
FAITH LEACH TREASURER 1.00
Officer Director
$0 $0 $0
KEIA CLARKE BOARD MEMBER 1.00
Director
$0 $0 $0
TONEY EARL BOARD MEMBER 1.00
Director
$0 $0 $0
LUIS A RAMOS CFO 40.00
Officer
$85,000 $12,398 $97,398
SCARLEN MARTINEZ SENIOR DIREC 1.00
Officer 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 $2,340,082 $2,990,797 $991,206 $-650,715
2023 $2,683,458 $2,457,627 $1,639,557 $225,831
2022 $4,940,910 $3,711,966 $1,490,294 $1,228,944
2021 $1,687,334 $2,810,700 $164,149 $-1,123,366
2018 $1,154,239 $335,930 $300,074 $818,309
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