Hope Bridge EIN 92-1734347 Form 990 (PDF) Claim this org

Hope Bridge FY2024 filing

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Nurtures vulnerable children and families through Christ-centered communities. For fiscal year 2024 it reported $507K in revenue, $364K in expenses, and $173K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Hartville, OH
Website
hopebridgeohio.org
Filings
3 on file (2023–2024)
Revenue
$507KFY2024
Expenses
$364K
Net assets
$173K
People
7
Filings
3
Updates
0
More identity details & actions ⌄
EIN  92-1734347 Public charity (501(c)(3)) Hartville, OH
Form 990 (PDF)
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Size
$100K–1M
What they do
Nurtures vulnerable children and families through Christ-centered communities.
Leadership
Lisa Robertson · Executive Director · $91K
Money in and out
$507K revenue, $364K expenses
Bottom line
62% program efficiency
Where the money goes · FY2024
Total revenue
$507K
Pt VIII · Ln 12
Total expenses
$364K
Pt IX · Ln 25
Net assets
$173K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $143K
Where spending went · Part IX cols B–D
Program services $0.62 Management & general $0.25 Fundraising $0.13
Program efficiency
62%
of spending reaches programs
Operating runway
27.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
+28%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$507K
FY2024▲ ×17
Expenses
$364K
FY2024
Total assets
$174K
FY2024
Total liabilities
$2K
FY2024
Total revenue
$507K
Pt VIII · Ln 12
Total expenses
$364K
Pt IX · Ln 25
Net assets
$173K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$143K
Total assetsPt X · Ln 16$174K
Program-expense ratioPt IX · col B62%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47
Mission & Programs · Part III

Where the work happens

3 program services account for $227K of program spending, described in the organization's own filed words · FY2023.
01

Foster Care and Adoption

Hope bridge provides support to foster, adoptive, and kinship families during their journey by providing encouragement to keep going and connection to helpful resources. The program provides a variety of support to families through weekly meals, mentoring, respite care, and many other forms of ongoing assistance.

$93Kprogram expense
02

Single Moms

In the program, single moms, age 18 and older, work to set goals with the guidance of dedicated and supportive staff, while living in a comfortable residential setting with her children for approximately 9-12 months.

$88Kprogram expense
03

Aging Out Youth

Hope bridge works to positively impact ohio's youth aging out of the foster care system by building a program designed to intentionally support and wraparound the individuals without a connection to a forever home through mentorship and helpful resources.

$46Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHope Bridge
EINHdr · item D92-1734347
Principal addressHdr · item CHartville, OH
WebsiteHdr · item Jhopebridgeohio.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P30)
Ruling yearIRS BMFAug 2023

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$91,150Pt VII · Sec A
Board Member
$40,200Pt VII · Sec A
Board President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
See Hope Bridge executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants$486K · 96%
Other revenue$17K · 3%
Program service revenue$4K · 1%
Contributions & grants96%$486K
Other revenue3%$17K
Program service revenue1%$4K
Total revenueLn 12$507K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.62 Management & general $0.25 Fundraising $0.13
Program services62%$227K
Management & general25%$92K
Fundraising13%$46K
Total functional expensesLn 25$364K

Balance Sheet

Part X · end of year
CashLn 1$174K
Total assetsLn 16$174K
Total liabilitiesLn 26$2K
Total net assetsLn 32$173K
Months of cash on handcomputed5.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $174K · Operating expenses (Pt IX) $364K · Less non-cash grants $287K · Cash operating expenses/yr $77K
27.0 months
Where the money goes
Program services
Program services $227K · Total expenses $364K
62%
Management & General
Management & general $92K · Total expenses $364K
25%
Fundraising
Fundraising $46K · Total expenses $364K
13%
Cost to raise $1
Fundraising expense $46K · Solicited contributions $486K
$0.09 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $486K · Total revenue $507K
96%
Government reliance
Government grants — · Total revenue $507K
Earned-income share
Program service revenue $4K · Total revenue $507K
0.8%
Investment reliance
Investment income $0 · Total revenue $507K
0%
Program self-sufficiency
Program service revenue $4K · Total expenses $364K
1%
Growth & trend
Revenue growth (YoY)
This year $507K · Prior year $30K
×17
Net-asset trend (YoY)
End of year $173K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $507K · Expenses $364K
+28%
Liabilities-to-Assets
Total liabilities — · Total assets $174K
Net-asset ratio
Net assets $173K · Total assets $174K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $174K
0%
People & payroll
Highest Reported Total Compensation
Individual Lisa Robertson · Reported title Executive Director · Highest reported compensation $91K · Total expenses $364K
25%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $261K · Total expenses $364K
72%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 62%
Overhead ratio 25%
Fundraising cost ratio 9%
Revenue growth ×17
Investment management fee ratio 0%
Legal fee ratio 0.2%
Accounting fee ratio 1%
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.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$13K

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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)$691K revenue · ⤓ 990 PDF
FY2024$507K revenue · viewing · ⤓ 990 PDF
FY2023$30K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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