HOPE'S PROMISE INC

EIN: 841156963 501(c)(3) Human Services

CASTLE ROCK, CO

Total Revenue
$2,196,458
Total Expenses
$1,711,454
Total Assets
$1,701,800
Net Assets
$1,133,275
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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
CO
Principal Officer
ELIZABETH WOODS
Phone
3036600277
Tax Period
2025-01-01 to 2025-12-31

HOPE'S PROMISE INC, founded in 1991, is a community nonprofit in the Human Services sector that reported $2.2M in total revenue in fiscal year 2025. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $485K, a strong 22% operating margin.

Mission

TO STRENGTHEN FAMILIES THROUGH ETHICAL, CHRIST-CENTERED FOSTER CARE, ADOPTION, AND GLOBAL ORPHAN CARE.

Program Service Accomplishments

Program 1
Expenses: $265,992 Revenue: $187,294

ADOPTION SERVICES, FAMILY COUNSELING AND SUPPORT: HOPE'S PROMISE IS A CHRISTIAN, NON-PROFIT CHILD PLACEMENT AGENCY LICENSED BY THE STATE OF COLORADO. THROUGH OUR ADOPTION PROGRAM, HOPE'S PROMISE...

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ADOPTION SERVICES, FAMILY COUNSELING AND SUPPORT: HOPE'S PROMISE IS A CHRISTIAN, NON-PROFIT CHILD PLACEMENT AGENCY LICENSED BY THE STATE OF COLORADO. THROUGH OUR ADOPTION PROGRAM, HOPE'S PROMISE OFFERS SERVICES WHICH INCLUDE DOMESTIC INFANT ADOPTION, PREGNANCY COUNSELING AND POST-RELINQUISHMENT SUPPORT. IN 2025, WE COUNSELED 25 EXPECTANT PARENTS ABOUT THEIR PREGNANCY OPTIONS, APPROVED 12 HOME STUDIES FOR POTENTIAL ADOPTIVE FAMILIES, AND PLACED 13 CHILDREN FOR ADOPTION. WE ALSO PROVIDED ADOPTION EDUCATION AND TRAINING TO 92 PROFESSIONALS IN THE COLORADO COMMUNITY. OUR GOALS FOR 2026 INCLUDE FURTHER DEVELOPING OUR CARE FUND PROGRAMS SO THAT WE CAN CONTINUE TO PROVIDE FINANCIAL SUPPORT TO WOMEN EXPERIENCING UNINTENDED PREGNANCY, EVEN IF THEY DO NOT CHOOSE ADOPTION, AND EXPANDING OUR PARTNERSHIP WITH OUT-OF-STATE PLACING AGENCIES.

Program 2
Expenses: $637,273

GLOBAL ORPHAN CARE: BELIEVING GOD DESIGNED FAMILIES AS THE BEST PLACE FOR CHILDREN TO GROW AND THRIVE, WE PLACE ORPHANED AND VULNERABLE CHILDREN EITHER WITH A RELATIVE OR A NON-RELATIVE CAREGIVER...

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GLOBAL ORPHAN CARE: BELIEVING GOD DESIGNED FAMILIES AS THE BEST PLACE FOR CHILDREN TO GROW AND THRIVE, WE PLACE ORPHANED AND VULNERABLE CHILDREN EITHER WITH A RELATIVE OR A NON-RELATIVE CAREGIVER, ALLOWING THEM TO REMAIN IN THEIR OWN COUNTRY AND IN THEIR OWN COMMUNITY. IN KENYA, VIETNAM, NEPAL, AND ZIMBABWE, OUR INDIGENOUS COUNTRY COORDINATORS WORK THROUGH LOCAL CHURCHES IN COLLABORATION WITH COMMUNITY RESOURCES TO EMPOWER AND EQUIP CAREGIVERS TO PROVIDE FOR THE CHILDREN'S LIFELONG PHYSICAL, EMOTIONAL, SOCIAL, AND SPIRITUAL NEEDS. IN 2025, WE CARED FOR 49 ORPHANED AND VULNERABLE CHILDREN IN NON-RELATIVE BASED FAMILIES, 316 IN RELATIVE FAMILIES AND SUPPORTED 25 IN POST HIGH SCHOOL STUDIES. WE TOOK 35 AMERICANS ON CONNECTION TRIPS TO VISIT KENYA, VIETNAM, AND ZIMBABWE. OUR GOALS FOR 2026 INCLUDE HAVING THREE MORE INTERNATIONAL STAFF GET CERTIFIED AS AFFILIATE TRAINERS WITH TRAUMA FREE WORLD, PROVIDING A TRAUMA INFORMED CARE TRAINING TO 30 PEOPLE IN ZIMBABWE, AND TAKING APPROXIMATELY 35 PEOPLE ON CONNECTION TRIPS TO KENYA AND ZIMBABWE.

Program 3
Expenses: $593,706 Revenue: $893,458

FOSTER CARE: COLORADO'S FOSTER CARE SYSTEM DEPENDS ON FAMILIES WILLING TO OPEN THEIR HOMES TO CHILDREN WHO NEED SAFETY AND STABILITY. HOPE'S PROMISE RECRUITS, TRAINS, AND SUPPORTS FOSTER FAMILIES WHO...

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FOSTER CARE: COLORADO'S FOSTER CARE SYSTEM DEPENDS ON FAMILIES WILLING TO OPEN THEIR HOMES TO CHILDREN WHO NEED SAFETY AND STABILITY. HOPE'S PROMISE RECRUITS, TRAINS, AND SUPPORTS FOSTER FAMILIES WHO WALK ALONGSIDE BIOLOGICAL FAMILIES TO STRENGTHEN RELATIONSHIPS AND PURSUE PERMANENCY. OUR HOME SUPERVISORS PROVIDE INDIVIDUALIZED SUPPORT TO FOSTER FAMILIES AND THE YOUTH IN THEIR CARE, WITH A COMMITMENT TO TRAUMA-INFORMED PRACTICE AT EVERY STEP. IN 2025, WE CERTIFIED 26 NEW FOSTER FAMILIES AND RECERTIFIED 15 FOSTER FAMILIES. A TOTAL OF 84 YOUTH WERE SERVED THROUGH OUR FOSTER CARE PROGRAM. OUR GOALS FOR 2026 INCLUDE CERTIFYING AT LEAST 10 MORE FOSTER FAMILIES, EXPANDING RELATIONSHIPS WITH COUNTY DEPARTMENTS OF HUMAN SERVICES, AND SERVING 90 OR MORE YOUTH THROUGH OUR FOSTER CARE PROGRAM.

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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 (2025)

Revenue Breakdown

Contributions & Grants $833,645
Program Service Revenue $1,080,752
Investment Income $10,019
Other Revenue $272,042
TOTAL REVENUE $2,196,458

Expense Breakdown

Grants Paid $0
Salaries & Benefits $983,903
Fundraising Expenses $109,998
Program Expenses $1,496,971
Other Expenses $727,551
TOTAL EXPENSES $1,711,454

Year-over-Year Comparison

2025 2024 Change
Revenue $2,196,458 $1,422,407 +0.5%
Expenses $1,711,454 $1,517,286 +0.1%
Net Income $485,004 $-94,879 -6.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
10
Employees
25
Volunteers
244

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
4
$0
Total Directors
12
$112,163
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETH SHEVELAND CHAIRMAN 1.00
Officer Director
$0 $0 $0
MIKE LEDEBOER VICE CHAIRMA 1.00
Officer Director
$0 $0 $0
KRISTA DEROSE SECRETARY 1.00
Officer Director
$0 $0 $0
ERIC VARNER TREASURER 1.00
Officer Director
$0 $0 $0
DAVID BRIGGS DIRECTOR 1.00
Director
$0 $0 $0
MARK SHEVELAND DIRECTOR 1.00
Director
$0 $0 $0
BECKY HUFFMAN DIRECTOR 1.00
Director
$0 $0 $0
KEITH MORGAN DIRECTOR 1.00
Director
$0 $0 $0
BETH RICH DIRECTOR 1.00
Director
$0 $0 $0
DAN DEMAY DIRECTOR 1.00
Director
$0 $0 $0
SUMMER SALOMONSEN DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH WOODS EXECUTIVE DI 40.00
Director
$108,896 $3,267 $112,163
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 $2,196,458 $1,711,454 $1,701,800 $485,004
2024 $1,422,407 $1,517,286 $1,263,566 $-94,879
2023 $1,359,158 $1,475,498 $1,344,904 $-116,340
2022 $1,201,727 $1,296,268 $1,471,963 $-94,541
2021 $1,512,971 $1,108,693 $1,602,500 $404,278
2020 $1,012,903 $981,554 $708,613 $31,349
2019 $1,054,616 $1,082,195 $569,424 $-27,579
2018 $1,053,937 $977,026 $604,920 $76,911
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