SIMPLY HOPE FAMILY OUTREACH INC

EIN: 872855642 501(c)(3) Mental Health

BURLEY, ID

Total Revenue
$1,205,410
Total Expenses
$948,511
Total Assets
$770,568
Net Assets
$745,352
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
ID
Phone
2086799401
Tax Period
2024-01-01 to 2024-12-31

SIMPLY HOPE FAMILY OUTREACH INC, founded in 2021, is a community nonprofit in the Mental Health sector that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $257K, a strong 21% operating margin.

Mission

TO PROVIDE FOR THE SUPPORT OF FAMILIES IN MINIDOKA AND CASSIA COUNTY, IDAHO, AS IT RELATES TO THE EFFETS OF ADDICTION, CODEPENDENCY, DIVORCE, GRIEF AND SUICIDE AS WELL AS AWARENESS & SUPPORT AND OTHER AREAS OF AWARENESS INVOLVING ALL ASPECTS OF ADDICTION SUPPORT, CODEPENDENCY SUPPORT, GRIEF AND SUICIDE SUPPORT, AS WELL AS COUNSELING TO ADDICTS, THEIR FAMILIES, CHILDREN, NETWORKING AND INSTRUCTION IN OTHER AREAS RELATED TO THE 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 (2024)

Revenue Breakdown

Contributions & Grants $873,935
Program Service Revenue $120,884
Investment Income $12,957
Other Revenue $197,634
TOTAL REVENUE $1,205,410

Expense Breakdown

Grants Paid $0
Salaries & Benefits $593,613
Fundraising Expenses $90,658
Program Expenses $495,319
Other Expenses $354,898
TOTAL EXPENSES $948,511

Year-over-Year Comparison

2024 2023 Change
Revenue $1,205,410 $1,019,413 +0.2%
Expenses $948,511 $742,891 +0.3%
Net Income $256,899 $276,522 -0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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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
12
Independent Members
N/A
Employees
19
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
2
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brenda Gerratt President 5.00
Officer Director
$0 $0 $0
Nick Lynch Director 1.00
Director
$0 $0 $0
Troy Winmill Director 6.00
Director
$0 $0 $0
Don Knopp Chairman 10.00
Director
$0 $0 $0
Dave Allred Director 3.00
Director
$0 $0 $0
Travis Butts Vice President 2.00
Director
$0 $0 $0
Lance Jones Director 3.00
Director
$0 $0 $0
Dina Erling Secretary 2.00
Director
$0 $0 $0
Nancy Torres Flores Director 1.00
Director
$0 $0 $0
Jacoby O'Connell Director 1.00
Director
$0 $0 $0
Dr Aaron Guercio Director 0.50
Director
$0 $0 $0
Marcy Knopp Secretary 6.00
Officer
$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 $1,205,410 $948,511 $770,568 $256,899
2023 $1,032,563 $756,041 $510,149 $276,522
2023 $1,019,413 $742,891 $510,149 $276,522
2022 $370,962 $271,346 $220,617 $99,616
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