Hope Vibes INC

Charlotte, NC · Public charity (501(c)(3)) · Since 2018 · Human Services

✓ Tax-deductible
Revenue
$251K
-32% vs prior year
Spent
$241K
To programs
45%
Net assets
$110K
By yearFY2020–FY2025
Revenue
$251K
FY2025▼ -32%
Revenue by fiscal year
FY2020$221K
FY2021$291K
FY2023$267K
FY2024$369K
FY2025$251K
Expenses
$241K
FY2025▼ -32%
Expenses by fiscal year
FY2020$125K
FY2021$295K
FY2023$323K
FY2024$355K
FY2025$241K
Net assets
$110K
FY2025▲ +9%
Net assets by fiscal year
FY2020$131K
FY2021$128K
FY2023$87K
FY2024$101K
FY2025$110K

From the FY2025 Form 990 · see the original

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 Vibes INC
EINHdr · item D83-1965620
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFOct 2018
Year of formationHdr · item L2018
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CCharlotte, NC
NTEE classificationIRS BMFHuman Services (P85)
WebsiteHdr · item Jwww.hopevibes.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 $0.45 Management & general $0.55
Program services45%$108K
Management & general55%$133K
Total functional expensesLn 25$241K

Financial health

Is it on solid ground?

Program efficiency
45%
of spending reaches programs
Operating runway
9.7mo
months of highly liquid reserves at operating expense rate▲ +56% vs prior filing year
Surplus margin
+4%
revenue over expenses, this year▼ -1% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$171K
FY2025▼ -11%
Total assets by fiscal year
FY2020$152K
FY2021$227K
FY2023$157K
FY2024$194K
FY2025$171K
Total liabilities
$61K
FY2025▼ -34%
Total liabilities by fiscal year
FY2020$21K
FY2021$99K
FY2023$70K
FY2024$93K
FY2025$61K
Revenue less expensesPt I · Ln 19$9K
Total assetsPt X · Ln 16$171K
Program-expense ratioPt IX · col B45%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 42

Balance Sheet

Part X · end of year
CashLn 1$194K
Total assetsLn 16$171K
Total liabilitiesLn 26$61K
Total net assetsLn 32$110K
Months of cash on handcomputed9.7

Statement of Revenue

Part VIII
Contributions & grants100%$250K
Investment income$676
Total revenueLn 12$251K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $194K · Operating expenses/yr $241K
9.7 months
Where the money goes
Program services
Program services $108K · Total expenses $241K
45%
Management & General
Management & general $133K · Total expenses $241K
55%
Fundraising
Fundraising $0 · Total expenses $241K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $295K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $250K · Total revenue $251K
100%
Government reliance
Government grants — · Total revenue $251K
—
Earned-income share
Program service revenue $0 · Total revenue $251K
0%
Investment reliance
Investment income $676 · Total revenue $251K
+0.3%
Program self-sufficiency
Program service revenue $0 · Total expenses $241K
0%
Growth & trend
Revenue growth (YoY)
This year $251K · Prior year $369K
-32%
Revenue CAGR
FY2020 $221K · FY2025 $251K
+3%
Net-asset trend (YoY)
End of year $110K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $251K · Expenses $241K
+4%
Liabilities-to-Assets
Total liabilities — · Total assets $171K
—
Net-asset ratio
Net assets $110K · Total assets $171K
64%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $171K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Adrienne C Threatt · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $0 · Total expenses $241K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $77K · Total expenses $241K
32%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 45%——
Overhead ratio 55%——
Revenue growth -32%——

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
Executive Director
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Adrienne C Threatt’s $18K as Executive Director is at the 9th percentile of top reported officer pay among 2168 $100K–1M 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.

See Hope Vibes INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Governance & Policies

Part VI
  • 5Voting board membersPt VI · Ln 1a
  • 2Independent 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 15aNo
  • Family or business ties among leadersPt VI · Ln 2Yes

Mission and programs

What it does.

Provides mobile showers, hygiene, clothing, and laundry to those facing homelessness and economic hardship.

Provided by the organization

This section is blank until Hope Vibes INC claims this page.

Know this organization? Claim it to add your story

Mission & Programs · Part III

Where the work happens

1 program service account for $108K of program spending, described in the organization's own filed words · FY2025.
01

Hope vibes inc purpose is to provide assistance to economically challenged and homeless persons. The organization does this by primarily providing mobile showers, hygiene necessities, clean clothing, laundering and other homeless support assistance.

$108Kprogram expense

Run this program? Claim this org to tell your story

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
See all 7 funders →

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $251K$241K-32% 990 PDF
FY2024 $369K$355K+38% 990 PDF
FY2023 $267K$323K-8% 990 PDF
FY2022 Not on file
FY2021 $291K$295K+32% 990 PDF
FY2020 $221K$125K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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.

Similar organizations you could support

Closest in mission — by what they do
See all organizations like Hope Vibes INC →

Run this organization? Claim this page

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Sources

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

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.