Hope's Crossing EIN 27-2351200 Form 990 (PDF) Claim this org

Hope's Crossing FY2022 filing

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Helps women transition and rebuild their lives after prison. For fiscal year 2022 it reported $66K in revenue, $84K in expenses, and $20K in net assets.Pt I

Type
Public charity (501(c)(3)) · Housing
Location
Phoenix, AZ
Website
www.hopescrossing.org
Filings
6 on file (2020–2022)
Revenue
$66KFY2022
Expenses
$84K
Net assets
$20K
People
4
Filings
6
Updates
0
More identity details & actions ⌄
EIN  27-2351200 Public charity (501(c)(3)) Phoenix, AZ
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
<$100K
What they do
Helps women transition and rebuild their lives after prison.
Leadership
Laura Bulluck · Chairman
Money in and out
$66K revenue, $84K expenses
Bottom line
21% program efficiency
Where the money goes · FY2022
Total revenue
$66K
Pt VIII · Ln 12
Total expenses
$84K
Pt IX · Ln 25
Net assets
$20K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$18K
Where spending went · Part IX cols B–D
Program services $0.21 Management & general $0.79
Program efficiency
21%
of spending reaches programs
Operating runway
3.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-28%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$66K
FY2022▼ -20%
Expenses
$84K
FY2022
Total assets
$24K
FY2022
Total liabilities
$4K
FY2022
Revenue less expensesPt I · Ln 19−$18K
Total assetsPt X · Ln 16$24K
Program-expense ratioPt IX · col B21%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHope's Crossing
EINHdr · item D27-2351200
Principal addressHdr · item CPhoenix, AZ
WebsiteHdr · item Jwww.hopescrossing.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHousing (L41)
Ruling yearIRS BMFAug 2011

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
See Hope's Crossing executive salaries →

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Mission & Programs · Part III

Where the work happens

2 program services account for $18K of program spending, described in the organization's own filed words · FY2022.
01

Hope's crossing enrolled 25 clients in our current life skills development and 37 women in case management services. These woman are at various stages of reintegration and family unifiation.

$18Kprogram expense
02

Hope's crossing has served 21 clients in our job readiness training program. These woman have not only gained employment, but has been able to sustain employment making economic contribution to their household.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants$36K · 55%
Other revenue$30K · 45%
Contributions & grants55%$36K
Other revenue45%$30K
— government grantsLn 1e$20K
Total revenueLn 12$66K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.21 Management & general $0.79
Program services21%$17K
Management & general79%$67K
Total functional expensesLn 25$84K

Balance Sheet

Part X · end of year
CashLn 1$24K
Total assetsLn 16$24K
Total liabilitiesLn 26$4K
Total net assetsLn 32$20K
Months of cash on handcomputed3.4

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $24K · Operating expenses/yr $84K
3.4 months
Where the money goes
Program services
Program services $17K · Total expenses $84K
21%
Management & General
Management & general $67K · Total expenses $84K
79%
Fundraising
Fundraising $0 · Total expenses $84K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $16K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $36K · Total revenue $66K
55%
Government reliance
Government grants $20K · Total revenue $66K
31%
Earned-income share
Program service revenue $0 · Total revenue $66K
0%
Investment reliance
Investment income $0 · Total revenue $66K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $84K
0%
Growth & trend
Revenue growth (YoY)
This year $66K · Prior year $82K
-20%
Net-asset trend (YoY)
End of year $20K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $66K · Expenses $84K
-28%
Liabilities-to-Assets
Total liabilities — · Total assets $24K
Net-asset ratio
Net assets $20K · Total assets $24K
83%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $24K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Laura Bulluck · Reported title CHAIRMAN · Highest reported compensation $0 · Total expenses $84K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $18K · Total expenses $84K
22%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 21%
Overhead ratio 79%
Fundraising cost ratio 0%
Revenue growth -20%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$37K
See all 3 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$43K revenue · ⤓ 990 PDF
FY2024$83K revenue · ⤓ 990 PDF
FY2023$74K revenue · ⤓ 990 PDF
FY2022$66K revenue · viewing · ⤓ 990 PDF
FY2021$82K revenue · ⤓ 990 PDF
FY2020$31K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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