Hope First Family Resource Center

EIN: 861892357 501(c)(3) Human Services

Brighton, CO

Total Revenue
$103,626
Total Expenses
$65,785
Total Assets
$778,163
Net Assets
$777,680
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
CO
Phone
7206546075
Tax Period
2024-01-01 to 2024-12-31

Hope First Family Resource Center, founded in 2021, is a small nonprofit in the Human Services sector that reported $104K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $38K, a strong 37% operating margin.

Mission

Hope First Family Resources Center's mission is to empower individuals in their development of healthy and stable relationships by creating a support system through resources, education, life skills, and mentorship. Through a myriad of services, this ministry will equip individuals and families as they grow physically, mentally, emotionally, and spiritually.

Program Service Accomplishments

Program 1
Expenses: $8,105

TO EMPOWER INDIVIDUALS IN THEIR DEVELOPMENT OF HEALTHY AND STABLE RELATIONSHIPS BY CREATING A SUPPORT SYSTEM THROUGH RESOURCES, EDUCATION, LIFE SKILLS, AND MENTORSHIP. We completed the renovations of...

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TO EMPOWER INDIVIDUALS IN THEIR DEVELOPMENT OF HEALTHY AND STABLE RELATIONSHIPS BY CREATING A SUPPORT SYSTEM THROUGH RESOURCES, EDUCATION, LIFE SKILLS, AND MENTORSHIP. We completed the renovations of our building in April 2024, which is when we received our occupancy certificate. We decorated and furnished the building throughout the summer and fall of 2024. We purchased our education platform (Bright Course) and our client data platform (Way Cool). We started seeing clients on a limited basis in fall of 2024.

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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 $105,330
Program Service Revenue $0
Investment Income $197
Other Revenue $-1,901
TOTAL REVENUE $103,626

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $2,991
Program Expenses $8,105
Other Expenses $65,785
TOTAL EXPENSES $65,785

Year-over-Year Comparison

2024 2023 Change
Revenue $103,626 $122,412 -0.2%
Expenses $65,785 $35,112 +0.9%
Net Income $37,841 $87,300 -0.6%
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
7
Independent Members
7
Employees
N/A
Volunteers
32

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
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Deann Anderson Secretary N/A
Officer Director
$0 $0 $0
Gigi Owen Board Chairman N/A
Officer Director
$0 $0 $0
Jana Sunberg Treasurer N/A
Officer Director
$0 $0 $0
Karen Carlson Board Member N/A
Director
$0 $0 $0
Patrice Gerber Board Member N/A
Director
$0 $0 $0
Randy Hunter Board Member N/A
Director
$0 $0 $0
Tara Gallagher Board Member N/A
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
2025 No data No data No data No data
2024 $103,626 $65,785 $778,163 $37,841
2023 $122,412 $35,112 $736,470 $87,300
2022 $666,063 $29,290 $643,331 $636,773
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