Hope Center Ministries

The information on this page was last updated 6/7/2023. If you see errors or omissions, please email: [email protected]


Summary

Hope Center Ministries is a non-profit organization that operates a Christ-centered recovery program


Contact information

Mailing address:
Hope Center Ministries
P.O. Box 641
Bethany, OK 73008

Website: www.hopecm.com

Phone: (833) 697-1947

Email: [email protected]


Organization details

EIN: 208934436

CEO/President: Joshua Hannah

Chairman:

Board size: 6

Founder:

Ruling year: 2007

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2023


Purpose

We are a long-term residential discipleship program. Substance abuse is destroying the lives of countless individuals and their families. We at Hope Center exist to show them the way to true freedom over addiction, just as John the Baptist prepared the way for Christ. Our program uses biblical principles along with a spiritual 12 step program to prepare each individual for an encounter with Christ. It is our firm belief that sobriety is a biproduct of a relationship with Jesus and we have made it our cause to not stop until every addict is a devout follower of Christ.


Mission statement

Hope Center Ministries exists to lead addicts and their families to become fully devoted followers of Christ


Statement of faith

Donor confidence score

Show donor confidence score details

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Rescue Missions/Homeless Shelters

CategoryRatingOverall rankSector rank
Overall efficiency rating512 of 109260 of 144
Fund acquisition rating334 of 109539 of 144
Resource allocation rating452 of 109552 of 144
Asset utilization rating790 of 1092114 of 144

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
11%3%4%2%0%3%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
9%1%1%1%0%1%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%32%29%29%18%22%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
11%1%2%1%0%1%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%68%71%71%82%78%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%82%79%78%73%71%
Spending ratio Spending ratio =
Total expenses /
Total revenue
86%63%70%74%75%83%
Program output ratio Program output ratio =
Program services /
Total revenue
68%52%55%57%55%58%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
14%37%30%26%25%17%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
9%46%40%42%45%39%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%16%20%21%27%29%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.450.480.580.790.89
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.614.463.953.292.703.60
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.622.021.871.922.133.22
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.1313.0914.1718.5057.3012.27
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.080.070.050.020.08
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.855.505.955.925.533.42
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
7%41%48%51%42%52%
Debt ratio Debt ratio =
Debt /
Total assets
0%39%46%49%41%49%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
167%131%109%84%73%54%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$3,445,429$2,558,495$1,774,210$968,301$547,498
Receivables, inventories, prepaids$827,980$425,170$512,188$410,643$130,489
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$4,273,409$2,983,665$2,286,398$1,378,944$677,987
Long-term investments$0$0$0$0$0
Fixed assets$14,735,749$8,725,847$5,172,468$2,250,019$1,692,316
Other long-term assets$58,058$61,936$65,552$97,026$72,873
Total long-term assets$14,793,807$8,787,783$5,238,020$2,347,045$1,765,189
Total assets$19,067,216$11,771,448$7,524,418$3,725,989$2,443,176
 
Liabilities20212020201920182017
Payables and accrued expenses$326,375$210,585$123,566$24,067$55,239
Other current liabilities$0$0$0$0$0
Total current liabilities$326,375$210,585$123,566$24,067$55,239
Debt$7,478,992$5,439,908$3,705,817$1,545,799$1,209,127
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$7,478,992$5,439,908$3,705,817$1,545,799$1,209,127
Total liabilities$7,805,367$5,650,493$3,829,383$1,569,866$1,264,366
 
Net assets20212020201920182017
Without donor restrictions$10,991,420$5,975,600$3,482,942$1,840,977$957,740
With donor restrictions$270,429$145,355$212,093$315,146$221,070
Net assets$11,261,849$6,120,955$3,695,035$2,156,123$1,178,810
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$4,353,673$2,286,901$1,723,602$702,334$576,393
Program service revenue$8,965,381$5,585,517$3,898,937$2,959,495$1,884,936
Membership dues$0$0$0$0$0
Investment income$179,144$19,268$9,462($5,254)$11,778
Other revenue$259,293$127,273$294,436$261,366$170,920
Total other revenue$9,403,818$5,732,058$4,202,835$3,215,607$2,067,634
Total revenue$13,757,491$8,018,959$5,926,437$3,917,941$2,644,027
 
Expenses20212020201920182017
Program services$7,086,017$4,403,761$3,406,448$2,152,524$1,545,425
Management and general$1,421,435$1,094,595$940,446$788,104$623,544
Fundraising$109,145$94,683$40,631$0$17,349
Total expenses$8,616,597$5,593,039$4,387,525$2,940,628$2,186,318
 
Change in net assets20212020201920182017
Surplus (deficit)$5,140,894$2,425,920$1,538,912$977,313$457,709
Other changes in net assets$0$0$0$0$0
Total change in net assets$5,140,894$2,425,920$1,538,912$977,313$457,709

Compensation

NameTitleCompensation
Joshua HannahPresident$258,848
Teresa ThorntonCFO$82,188
Conrad LoweBoard Member & Consultant$47,500

Compensation data as of: 12/31/2021


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 6/7/2023. To update the information below, please email: [email protected]


History


Program accomplishments

In the last few months, Hope Center exceeded 1,000 recovery volunteers who serve as mentors, Bible study teachers, and group facilitators. Many others volunteer in roles that we do not track, which means we could easily have well over 1,100 volunteers nationwide. We will soon cross the 1,000-bed capacity barrier. Our 34 locations are in 13 states, have more than 1,300 graduates, and we anticipate reaching 1,000 baptisms in 2022. We expect to add 6 or more locations by year end and will continue to grow to meet the need for recovery that is needed now more than ever.


Needs