Run-Hope-Work EIN 46-3105659 Form 990 (PDF) Claim this org

Run-Hope-Work FY2022 filing

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Provides skills and training for finishing trades and lifestyle programs. For fiscal year 2022 it reported $163K in revenue, $302K in expenses, and $-120K in net assets.Pt I

Type
Public charity (501(c)(3)) · Employment
Location
Jessup, MD
Website
www.runhopework.org
Filings
5 on file (2020–2022)
Revenue
$163KFY2022
Expenses
$302K
Net assets
$-120K
People
14
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-3105659 Public charity (501(c)(3)) Jessup, MD
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Provides skills and training for finishing trades and lifestyle programs.
Leadership
Jose Ortiz · Director
Money in and out
$163K revenue, $302K expenses
Bottom line
81% program efficiency
Where the money goes · FY2022
Total revenue
$163K
Pt VIII · Ln 12
Total expenses
$302K
Pt IX · Ln 25
Net assets
$-120K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$139K
Where spending went · Part IX cols B–D
Program services $0.81 Management & general $0.16 Fundraising $0.03
Program efficiency
81%
of spending reaches programs
Operating runway
1.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-85%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$163K
FY2022▼ -30%
Expenses
$302K
FY2022▲ +84%
Total assets
$35K
FY2022▼ -85%
Total liabilities
$155K
FY2022▼ -31%
Total revenue
$163K
Pt VIII · Ln 12
Total expenses
$302K
Pt IX · Ln 25
Net assets
$-120K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$139K
Total assetsPt X · Ln 16$35K
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CRun-Hope-Work
EINHdr · item D46-3105659
Principal addressHdr · item CJessup, MD
WebsiteHdr · item Jwww.runhopework.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEmployment (J22)
Ruling yearIRS BMFSep 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14No
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
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

3 program services account for $246K of program spending, described in the organization's own filed words · FY2022.
01

Job Skills Training (work)

Run hope work is a workforce development program for construction finish trades and I.T. Training. One of the primary goals of the org is to prepare participants for employment in construction trades so that jobs can be earned at the completion of the program.

$124Kprogram expense
02

Physical Fitness & Discipline (run)

Physical fitness training is a significant part of this program & supports the overall goal of job readiness. Many of the participants in the program do not have stable housing or are in transitional living arrangements. Additionally, many of the participants are in or have been through the criminal justice system.

$61Kprogram expense
03

Life, Spiritual, and Motivational Skills (hope)

Another service run hope work provides is hope training. This is in the form of life, spiritual, and motivational training. Training in this area is accomploshed through hope workshops, which consists of group workshops, individual workshops, and leadership lectures.

$61Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$104K · 64%
Other revenue$59K · 36%
Contributions & grants64%$104K
Other revenue36%$59K
Total revenueLn 12$163K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.16 Fundraising $0.03
Program services81%$246K
Management & general16%$48K
Fundraising3%$8K
Total functional expensesLn 25$302K

Balance Sheet

Part X · end of year
CashLn 1$25K
Total assetsLn 16$35K
Total liabilitiesLn 26$155K
Total net assetsLn 32$-120K
Months of cash on handcomputed1.0

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $25K · Operating expenses/yr $302K
1.0 months
Where the money goes
Program services
Program services $246K · Total expenses $302K
81%
Management & General
Management & general $48K · Total expenses $302K
16%
Fundraising
Fundraising $8K · Total expenses $302K
3%
Cost to raise $1
Fundraising expense (3-yr avg) $21K · Solicited contributions (3-yr avg) $159K
$0.13 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $104K · Total revenue $163K
64%
Government reliance
Government grants $0 · Total revenue $163K
0%
Earned-income share
Program service revenue $0 · Total revenue $163K
0%
Investment reliance
Investment income $0 · Total revenue $163K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $302K
0%
Growth & trend
Revenue growth (YoY)
This year $163K · Prior year $232K
-30%
Net-asset trend (YoY)
End of year $-120K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $163K · Expenses $302K
-85%
Liabilities-to-Assets
Total liabilities — · Total assets $35K
Net-asset ratio
Net assets $-120K · Total assets $35K
-342%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $35K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jose Ortiz · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $302K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $190K · Total expenses $302K
63%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 81%
Overhead ratio 16%
Fundraising cost ratio 7%
Revenue growth -30%
Accounting fee ratio 6%
Fundraising fee ratio 3%

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$28K
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
FY2024 (Latest)$337K revenue · ⤓ 990 PDF
FY2023$939K revenue · ⤓ 990 PDF
FY2022$163K revenue · viewing · ⤓ 990 PDF
FY2021$232K revenue · ⤓ 990 PDF
FY2020$204K 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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