HopeSparks

EIN: 910598103 501(c)(3) Human Services

Tacoma, WA

Total Revenue
$11,343,390
Total Expenses
$12,345,024
Total Assets
$9,393,881
Net Assets
$6,084,483
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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
1895
Legal Domicile
WA
Phone
2535654484
Tax Period
2024-01-01 to 2024-12-31

HopeSparks, founded in 1895, is a mid-sized nonprofit in the Human Services sector that reported $11.3M in total revenue in fiscal year 2024.

Mission

We envision a world where all children and families are safe, secure and stable. We strengthen families by inspiring courage and confidence to make a lasting change.

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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 $1,060,828
Program Service Revenue $10,203,758
Investment Income $78,804
Other Revenue $0
TOTAL REVENUE $11,343,390

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,838,428
Fundraising Expenses $169,871
Program Expenses $10,218,398
Other Expenses $2,506,596
TOTAL EXPENSES $12,345,024

Year-over-Year Comparison

2024 2023 Change
Revenue $11,343,390 $11,543,228 0.0%
Expenses $12,345,024 $11,015,963 +0.1%
Net Income $-1,001,634 $527,265 -2.9%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
122
Volunteers
50

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
$345,137
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Joseph Leroy President & CEO 40.00
Officer
$185,829 $3,367 $189,196
William Bowman CFO 40.00
Officer
$124,796 $31,145 $155,941
Anisa Smith Clinical Nursing 40.00
$116,406 $13,625 $130,031
Rachael Holt Chief Operating 40.00
$113,720 $16,126 $129,846
Zuri Johnson Physical Therapist 40.00
$112,895 $14,800 $127,695
Leah Collins Physical Therapist 40.00
$109,018 $13,436 $122,454
Candace Candoo Speech Pathologist 40.00
$118,197 $3,621 $121,818
Derek Moore Board President 4.00
Officer Director
$0 $0 $0
Brenda Baker Vice President 4.00
Officer Director
$0 $0 $0
Erik Swanson Treasurer 4.00
Officer Director
$0 $0 $0
Yvette Gross Secretary 4.00
Officer Director
$0 $0 $0
Natasha Johnson Board Member 4.00
Director
$0 $0 $0
Jamie Lee Board member 4.00
Director
$0 $0 $0
Kristen Smith Board Member 4.00
Director
$0 $0 $0
Deborah Erickson Board Member 4.00
Director
$0 $0 $0
Tobiah Twine Board Member 4.00
Director
$0 $0 $0
Diane Taniguchi Board member 4.00
Director
$0 $0 $0
Lana Adzhigirey Board member 4.00
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 $11,343,390 $12,345,024 $9,393,881 $-1,001,634
2023 $11,543,228 $11,015,963 $10,277,510 $527,265
2022 $9,085,360 $9,758,238 $10,358,905 $-672,878
2021 $10,500,241 $7,994,408 $11,192,915 $2,505,833
2020 $8,022,969 $7,040,552 $8,472,336 $982,417
2019 $6,806,490 $6,039,832 $6,302,661 $766,658
2018 $5,574,017 $5,215,771 $3,792,736 $358,246
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