Hope Meadows EIN 36-3528945

Hope Meadows

EIN  36-3528945 Public charity (501(c)(3)) Rantoul, IL
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Builds and sustains a supportive neighborhood community, preventing isolation through housing rehabilitation and senior support.
Leadership
Lisa Corley · Vice Preside
Money in and out
$344K revenue, $348K expenses
Bottom line
87% program efficiency

Builds and sustains a supportive neighborhood community, preventing isolation through housing rehabilitation and senior support. For fiscal year 2025 it reported $344K in revenue, $348K in expenses, and $1.1M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$344K
Pt VIII · Ln 12
Total expenses
$348K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$4K
Where spending went · Part IX cols B–D
Program services $0.87 Management & general $0.13
Program efficiency
87%
of spending reaches programs▲ +17% vs prior filing year
Operating runway
5.4mo
months of highly liquid reserves at operating expense rate▲ +74% vs prior filing year
Surplus margin
-1%
revenue over expenses, this year▲ +95% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$344K
FY2025▼ -2%
Expenses
$348K
FY2025▼ -18%
Total assets
$1.2M
FY20250%
Total liabilities
$21K
FY20250%
Total revenue
$344K
Pt VIII · Ln 12
Total expenses
$348K
Pt IX · Ln 25
Net assets
$1.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$4K
Total assetsPt X · Ln 16$1.2M
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $302K of program spending, described in the organization's own filed words · FY2024.
01

To foster and maintain and sustain a mutually supportive intergenerational residential neighborhood that, without regard to race,religion,sex,creed or national origin, combines retirees,senior citizens and the aging with children and adults of all ages who benefit mutually from living in a safe and supportive neighborhood community that…

$302Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHope Meadows
EINHdr · item D36-3528945
Principal addressHdr · item CRantoul, IL
WebsiteHdr · item Jwww.hopemeadows.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P320)
Ruling yearIRS BMFSep 1987

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
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 · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
President/Ch
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$292K · 85%
Contributions & grants$46K · 13%
Investment income$3K · 1%
Other revenue$3K · 1%
Program service revenue85%$292K
Contributions & grants13%$46K
Investment income1%$3K
Other revenue1%$3K
— government grantsLn 1e$46K
Total revenueLn 12$344K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.13
Program services87%$302K
Management & general13%$46K
Total functional expensesLn 25$348K

Balance Sheet

Part X · end of year
CashLn 1$103K
Total assetsLn 16$1.2M
Total liabilitiesLn 26$21K
Total net assetsLn 32$1.1M
Months of cash on handcomputed3.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $156K · Operating expenses/yr $348K
5.4 months
Where the money goes
Program services
Program services $302K · Total expenses $348K
87%
Management & General
Management & general $46K · Total expenses $348K
13%
Fundraising
Fundraising $0 · Total expenses $348K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $679 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $46K · Total revenue $344K
13%
Government reliance
Government grants $46K · Total revenue $344K
13%
Earned-income share
Program service revenue $292K · Total revenue $344K
85%
Investment reliance
Investment income $3K · Total revenue $344K
+1%
Program self-sufficiency
Program service revenue $292K · Total expenses $348K
84%
Growth & trend
Revenue growth (YoY)
This year $344K · Prior year $350K
-2%
Revenue CAGR
FY2019 $323K · FY2024 $344K
+1%
Net-asset trend (YoY)
End of year $1.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $344K · Expenses $348K
-1%
Liabilities-to-Assets
Total liabilities — · Total assets $1.2M
Net-asset ratio
Net assets $1.1M · Total assets $1.2M
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $53K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.2M
5%
People & payroll
Highest Reported Total Compensation
Individual Lisa Corley · Reported title VICE PRESIDE · Highest reported compensation $0 · Total expenses $348K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $86K · Total expenses $348K
25%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 87%
Overhead ratio 13%
Fundraising cost ratio 0%
Revenue growth -2%
Accounting fee ratio 0%

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 1 funder$10K

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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)$344K revenue · viewing · ⤓ 990 PDF
FY2024$350K revenue · ⤓ 990 PDF
FY2023$325K revenue · ⤓ 990 PDF
FY2022$302K revenue · ⤓ 990 PDF
FY2021$339K revenue · ⤓ 990 PDF
FY2020$323K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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