House of Hope Ministries

EIN: 852627513 501(c)(3) International Affairs

Eaton, CO

Total Revenue
$1,001,721
Total Expenses
$948,046
Total Assets
$183,960
Net Assets
$183,960
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
CO
Phone
9704205386
Tax Period
2024-01-01 to 2024-12-31

House of Hope Ministries, founded in 2020, is a community nonprofit in the International Affairs sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 65% from the prior year, signaling strong growth momentum. Expenses of $948K left a modest 5% surplus.

Mission

Provide a home for children who have been abandoned and abused.

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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 $1,001,721
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,001,721

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,000
Fundraising Expenses $47,404
Program Expenses $805,838
Other Expenses $946,046
TOTAL EXPENSES $948,046

Year-over-Year Comparison

2024 2023 Change
Revenue $1,001,721 $605,792 +0.7%
Expenses $948,046 $604,770 +0.6%
Net Income $53,675 $1,022 +51.5%
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
3
Independent Members
3
Employees
N/A
Volunteers
65

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
$2,000
Total Directors
3
$2,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Diane Herman President 0.00
Officer Director
$0 $2,000 $2,000
Emily Hess Secretary 0.00
Officer Director
$0 $0 $0
Kyle MacAlmon Treasurer 0.00
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 $1,001,721 $948,046 $183,960 $53,675
2023 $605,792 $604,770 $143,841 $1,022
2022 $295,596 $311,306 $135,914 $-15,710
2021 $420,578 $290,631 $149,145 $129,947
2020 $57,719 $39,800 $17,919 $17,919
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