Hope and a Future INC EIN 42-1651764

Hope and a Future INC

EIN  42-1651764 Public charity (501(c)(3)) Phoenix, AZ
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 8/26/26 · see original filing: IRS
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Size
$1–10M
What they do
Helps abused and neglected foster children reach their potential and achieve dreams.
Leadership
Michael Brewer · President & CEO · $214K
Money in and out
$3.9M revenue, $2.8M expenses
Bottom line
80% program efficiency

Helps abused and neglected foster children reach their potential and achieve dreams. For fiscal year 2025 it reported $3.9M in revenue, $2.8M in expenses, and $9.2M in net assets.Pt I

Where the money goes · FY2025
Total revenue
$3.9M
Pt VIII · Ln 12
Total expenses
$2.8M
Pt IX · Ln 25
Net assets
$9.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1.1M
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.06 Fundraising $0.15
Program efficiency
80%
of spending reaches programs▲ +6% vs prior filing year
Operating runway
35.9mo
months of highly liquid reserves at operating expense rate▼ -13% vs prior filing year
Surplus margin
+29%
revenue over expenses, this year▼ -25% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$3.9M
FY2025▲ +15%
Expenses
$2.8M
FY2025▲ +33%
Total assets
$9.3M
FY2025▲ +28%
Total liabilities
$126K
FY2025▼ -38%
Total revenue
$3.9M
Pt VIII · Ln 12
Total expenses
$2.8M
Pt IX · Ln 25
Net assets
$9.2M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$1.1M
Total assetsPt X · Ln 16$9.3M
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

3 program services account for $2.1M of program spending, described in the organization's own filed words · FY2024.
01

Each year over 800 children "age out" of the system when they turn 18. According to statistics, one out of five will become homeless, one out of four become incarcerated, 67% will drop out of high school and only 3% will ever graduate from college.

$1.3Mprogram expense
02

Teen reach adventure camp (trac) is a summer camp for children in foster care who are 12 to 15 years old and royal family kids camp (RFKC) is a camp for foster children from 7 to 11 years old.

$655Kprogram expense
03

The annual christmas celebration is a festive gathering for our children and their loved ones, including arts, crafts and presents for young and old, available to children who have attended our programs, their foster families and our volunteers.

$190Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHope and a Future INC
EINHdr · item D42-1651764
Principal addressHdr · item CPhoenix, AZ
WebsiteHdr · item Jwww.azhope.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAZ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P99)
Ruling yearIRS BMFAug 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
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 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President & CEO
$214,425Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Michael Brewer’s $214K as President & CEO is at the 92nd percentile of top reported officer pay among 3863 $1–10M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Michael Brewer$214,425$199,221$187,648$168,972$151,820$152,459

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$3.4M · 87%
Investment income$520K · 13%
Contributions & grants87%$3.4M
Investment income13%$520K
Program service revenue$10K
Total revenueLn 12$3.9M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.06 Fundraising $0.15
Program services80%$2.2M
Management & general6%$157K
Fundraising15%$410K
Total functional expensesLn 25$2.8M

Balance Sheet

Part X · end of year
CashLn 1$1.3M
Total assetsLn 16$9.3M
Total liabilitiesLn 26$126K
Total net assetsLn 32$9.2M
Months of cash on handcomputed5.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $7.3M · Operating expenses (Pt IX) $2.8M · Less non-cash grants $347K · Cash operating expenses/yr $2.4M
35.9 months
Where the money goes
Program services
Program services $2.2M · Total expenses $2.8M
80%
Management & General
Management & general $157K · Total expenses $2.8M
6%
Fundraising
Fundraising $410K · Total expenses $2.8M
15%
Cost to raise $1
Fundraising expense (3-yr avg) $368K · Solicited contributions (3-yr avg) $3.0M
$0.12 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $3.4M · Total revenue $3.9M
87%
Government reliance
Government grants — · Total revenue $3.9M
Earned-income share
Program service revenue $10K · Total revenue $3.9M
0%
Investment reliance
Investment income $520K · Total revenue $3.9M
+13%
Program self-sufficiency
Program service revenue $10K · Total expenses $2.8M
0%
Growth & trend
Revenue growth (YoY)
This year $3.9M · Prior year $3.4M
+15%
Revenue CAGR
FY2019 $2.8M · FY2024 $3.9M
+7%
Net-asset trend (YoY)
End of year $9.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $3.9M · Expenses $2.8M
+29%
Liabilities-to-Assets
Total liabilities — · Total assets $9.3M
Net-asset ratio
Net assets $9.2M · Total assets $9.3M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $6.0M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $9.3M
65%
People & payroll
Highest Reported Total Compensation
Individual Michael Brewer · Reported title PRESIDENT & CEO · Highest reported compensation $214K · Total expenses $2.8M
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $554K · Total expenses $2.8M
20%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 6%
Fundraising cost ratio 12%
Revenue growth 15%
Investment management fee ratio 1%
Accounting fee ratio 0%
Fundraising fee ratio 2%

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 · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 19 grants · $1.1M · 2019–2024
Unitemized GrantFY2024$304,197
Unitemized GrantFY2024$172,700
Unitemized GrantFY2024$30,971
Teen ReachOR · FY2024$25,000
Unitemized GrantFY2023$19,590
Unitemized GrantFY2023$17,450
Unitemized GrantFY2023$7,925
Unitemized GrantFY2022$177,821
Unitemized GrantFY2022$18,988
Unitemized GrantFY2022$1,000
Unitemized GrantFY2021$40,000
Unitemized GrantFY2021$22,875
Unitemized GrantFY2021$17,182
Unitemized GrantFY2020$83,663
Teen ReachOR · FY2020$20,000
Unitemized GrantFY2020$17,250
Unitemized GrantFY2019$106,685
Unitemized GrantFY2019$50,835
See all 19 grants →

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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)$3.9M revenue · viewing · ⤓ 990 PDF
FY2024$3.4M revenue · ⤓ 990 PDF
FY2023$2.0M revenue · ⤓ 990 PDF
FY2022$778K revenue · ⤓ 990 PDF
FY2021$3.5M revenue · ⤓ 990 PDF
FY2020$2.8M 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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