Hope and Harbor

Red Wing, MN · Public charity (501(c)(3)) · Human Services

✓ Tax-deductible Latest data FY2025
Revenue
$394K
▲ +317% vs prior year
Spent
$160K
To programs
81%
Net assets
$249K

Form 990 for the fiscal year ending June 2025 (IRS tax year 2024).

Status and standing

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?
Filed FY2024 (typical filing lag)
Foundation funders?
4 funders, incl. Givinga Foundation INC
$87K in the latest grant year.
Spent on programs?
81% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
↑ +317% vs prior year
Legal name (IRS)Hdr · item CHope and Harbor
EINHdr · item D87-2649943
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJun 2022
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CRed Wing, MN
NTEE classificationIRS BMFHuman Services (P85)
WebsiteHdr · item Jrwhopeandharbor.com

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.81 Management & general $0.11 Fundraising $0.08
Program services81%$130K
Management & general11%$18K
Fundraising8%$12K
Total functional expensesLn 25$160K

Financial health

Revenue & expenses by yearFY2023–FY2025
Revenue
$394K
FY2025▲ +317%
Expenses
$160K
FY2025▲ +140%
Program efficiency
81%
of spending reaches programs
Operating runway
20.7mo
months of highly liquid reserves at operating expense rate▲ ×11 vs prior filing year
Surplus margin
+59%
revenue over expenses, this year▲ +782% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Total assets
$250K
FY2025▲ ×27
Total liabilities
$1K
FY2025▲ +299%
Revenue less expensesPt I · Ln 19$234K
Total assetsPt X · Ln 16$250K
Program-expense ratioPt IX · col B81%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Balance Sheet

Part X · end of year
CashLn 1$249K
Total assetsLn 16$250K
Total liabilitiesLn 26$1K
Total net assetsLn 32$249K
Months of cash on handcomputed18.7

Statement of Revenue

Part VIII
Contributions & grants100%$393K
Other revenue$657
— government grantsLn 1e$5K
Total revenueLn 12$394K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $249K · Operating expenses (Pt IX) $160K · Less non-cash grants $16K · Cash operating expenses/yr $144K
20.7 months
Where the money goes
Program services
Program services $130K · Total expenses $160K
81%
Management & General
Management & general $18K · Total expenses $160K
11%
Fundraising
Fundraising $12K · Total expenses $160K
8%
Cost to raise $1
Fundraising expense (2-yr avg) $6K · Solicited contributions (2-yr avg) $228K
$0.03 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $393K · Total revenue $394K
100%
Government reliance
Government grants $5K · Total revenue $394K
1%
Earned-income share
Program service revenue $0 · Total revenue $394K
0%
Investment reliance
Investment income $0 · Total revenue $394K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $160K
0%
Growth & trend
Revenue growth (YoY)
This year $394K · Prior year $94K
+317%
Net-asset trend (YoY)
End of year $249K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $394K · Expenses $160K
+59%
Liabilities-to-Assets
Total liabilities — · Total assets $250K
—
Net-asset ratio
Net assets $249K · Total assets $250K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $250K
0%
People & payroll
Highest Reported Total Compensation
Individual John Dimunation · Reported title Treasurer · Highest reported compensation $0 · Total expenses $160K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $110K · Total expenses $160K
69%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 81%——
Overhead ratio 11%——
Fundraising cost ratio 3%——
Revenue growth 317%——
Investment management fee ratio 0%——
Legal fee ratio 0%——
Accounting fee ratio 3%——
Fundraising 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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Hope and Harbor executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Offers safe housing for people and families experiencing homelessness.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $130K of program spending, described in the organization's own filed words · FY2024.
01

The organzation provides safe shelter and two meals per day to homeless guests in goodhue county, minnesota for the months of november through march. Access to resources that provide additional help to the guests is also provided and that resource service has been extended to all months of the year.

$130Kprogram expense

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Funders

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 4 funders$87K
See all 4 funders →

Filing history

YearRevenueExpensesChangeFiling
FY2025 Latest Viewing $394K$160K+317% 990 PDF
FY2024 $94K—+25% 990 PDF
FY2023 $76K$67K 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) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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