Hope's Crossing FY2023 filing

Phoenix, AZ · Public charity (501(c)(3)) · Housing

✓ Tax-deductible
Revenue
$74K
+12% vs prior year
Spent
$67K
To programs
58%
Net assets
$24K
By yearFY2020–FY2025
Revenue
$74K
FY2023▲ +12%
Revenue by fiscal year
FY2020$31K
FY2021$82K
FY2022$66K
FY2023$74K
FY2024$83K
FY2025$43K
Expenses
$67K
FY2023▼ -20%
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022$84K
FY2023$67K
FY2024$57K
FY2025$50K
Net assets
$24K
FY2023▲ +22%
Net assets by fiscal year
FY2020−$4K
FY2021$17K
FY2022$20K
FY2023$24K
FY2024$50K
FY2025$43K

From the FY2023 Form 990 · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Yes — filed FY2025
Legal name (IRS)Hdr · item CHope's Crossing
EINHdr · item D27-2351200
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFAug 2011
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CPhoenix, AZ
NTEE classificationIRS BMFHousing (L41)
WebsiteHdr · item Jwww.hopescrossing.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.58 Management & general $0.42
Program services58%$39K
Management & general42%$28K
Total functional expensesLn 25$67K

Financial health

Is it on solid ground?

Program efficiency
58%
of spending reaches programs
Operating runway
5.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+9%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total assets
$28K
FY2023▲ +19%
Total assets by fiscal year
FY2020Not on file
FY2021Not on file
FY2022$24K
FY2023$28K
FY2024$54K
FY2025$47K
Total liabilities
$4K
FY20230%
Total liabilities by fiscal year
FY2020Not on file
FY2021Not on file
FY2022$4K
FY2023$4K
FY2024$4K
FY2025$4K
Revenue less expensesPt I · Ln 19$6K
Total assetsPt X · Ln 16$28K
Program-expense ratioPt IX · col B58%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Balance Sheet

Part X · end of year
CashLn 1$28K
Total assetsLn 16$28K
Total liabilitiesLn 26$4K
Total net assetsLn 32$24K
Months of cash on handcomputed5.0

Statement of Revenue

Part VIII
Other revenue$49K · 67%
Contributions & grants$24K · 33%
Other revenue67%$49K
Contributions & grants33%$24K
— government grantsLn 1e$16K
Total revenueLn 12$74K

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $28K · Operating expenses/yr $67K
5.0 months
Where the money goes
Program services
Program services $39K · Total expenses $67K
58%
Management & General
Management & general $28K · Total expenses $67K
42%
Fundraising
Fundraising $0 · Total expenses $67K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $12K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $24K · Total revenue $74K
33%
Government reliance
Government grants $16K · Total revenue $74K
22%
Earned-income share
Program service revenue $0 · Total revenue $74K
0%
Investment reliance
Investment income $0 · Total revenue $74K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $67K
0%
Growth & trend
Revenue growth (YoY)
This year $74K · Prior year $66K
+12%
Net-asset trend (YoY)
End of year $24K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $74K · Expenses $67K
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $28K
—
Net-asset ratio
Net assets $24K · Total assets $28K
85%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $28K
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 $67K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1K · Total expenses $67K
2%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 58%——
Overhead ratio 42%——
Fundraising cost ratio 0%——
Revenue growth 12%——

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.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

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

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Governance & Policies

Part VI
  • 3Voting board membersPt VI · Ln 1a
  • 3Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Helps women transition and rebuild their lives after prison.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

2 program services account for $38K of program spending, described in the organization's own filed words · FY2023.
01

Hope's crossing enrolled 25 clients in our current life skills development and 66 women in case management services. These woman are at various stages of reintegration and family unification.

$38Kprogram expense
02

Hope's crossing has served 12 clients in our job readiness training program. These women 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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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

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

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $43K$50K-48% 990 PDF
FY2024 $83K$57K+13% 990 PDF
FY2023 Viewing $74K$67K+12% 990 PDF
FY2022 $66K$84K-20% 990 PDF
FY2021 $82K—+163% 990 PDF
FY2020 $31K— 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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