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 rating313 of 111245 of 141
Fund acquisition rating372 of 111347 of 141
Resource allocation rating265 of 111332 of 141
Asset utilization rating633 of 111288 of 141

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
12%3%3%4%2%0%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
10%1%1%1%1%0%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%28%32%29%29%18%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
11%1%1%2%1%0%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%72%68%71%71%82%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
78%86%82%79%78%73%
Spending ratio Spending ratio =
Total expenses /
Total revenue
90%68%63%70%74%75%
Program output ratio Program output ratio =
Program services /
Total revenue
71%58%52%55%57%55%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
10%32%37%30%26%25%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%38%46%40%42%45%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%13%16%20%21%27%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.490.450.480.580.79
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.863.934.463.953.292.70
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.691.942.021.871.922.13
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
13.6715.2213.0914.1718.5057.30
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.070.080.070.050.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.455.775.505.955.925.53
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
9%37%41%48%51%42%
Debt ratio Debt ratio =
Debt /
Total assets
0%36%39%46%49%41%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
157%127%131%109%84%73%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$5,560,551$3,445,429$2,558,495$1,774,210$968,301
Receivables, inventories, prepaids$1,780,907$827,980$425,170$512,188$410,643
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$7,341,458$4,273,409$2,983,665$2,286,398$1,378,944
Long-term investments$0$0$0$0$0
Fixed assets$21,502,109$14,735,749$8,725,847$5,172,468$2,250,019
Other long-term assets$0$58,058$61,936$65,552$97,026
Total long-term assets$21,502,109$14,793,807$8,787,783$5,238,020$2,347,045
Total assets$28,843,567$19,067,216$11,771,448$7,524,418$3,725,989
 
Liabilities20222021202020192018
Payables and accrued expenses$482,462$326,375$210,585$123,566$24,067
Other current liabilities$0$0$0$0$0
Total current liabilities$482,462$326,375$210,585$123,566$24,067
Debt$10,294,300$7,478,992$5,439,908$3,705,817$1,545,799
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$10,294,300$7,478,992$5,439,908$3,705,817$1,545,799
Total liabilities$10,776,762$7,805,367$5,650,493$3,829,383$1,569,866
 
Net assets20222021202020192018
Without donor restrictions$17,330,714$10,991,420$5,975,600$3,482,942$1,840,977
With donor restrictions$736,091$270,429$145,355$212,093$315,146
Net assets$18,066,805$11,261,849$6,120,955$3,695,035$2,156,123
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$5,836,172$4,353,673$2,286,901$1,723,602$702,334
Program service revenue$14,899,613$8,965,381$5,585,517$3,898,937$2,959,495
Membership dues$0$0$0$0$0
Investment income$14,451$179,144$19,268$9,462($5,254)
Other revenue$322,655$259,293$127,273$294,436$261,366
Total other revenue$15,236,719$9,403,818$5,732,058$4,202,835$3,215,607
Total revenue$21,072,891$13,757,491$8,018,959$5,926,437$3,917,941
 
Expenses20222021202020192018
Program services$12,320,723$7,086,017$4,403,761$3,406,448$2,152,524
Management and general$1,790,385$1,421,435$1,094,595$940,446$788,104
Fundraising$156,827$109,145$94,683$40,631$0
Total expenses$14,267,935$8,616,597$5,593,039$4,387,525$2,940,628
 
Change in net assets20222021202020192018
Surplus (deficit)$6,804,956$5,140,894$2,425,920$1,538,912$977,313
Other changes in net assets$0$0$0$0$0
Total change in net assets$6,804,956$5,140,894$2,425,920$1,538,912$977,313

Compensation

NameTitleCompensation
Joshua HannahPresident$276,753
Carson PlantNational Director$134,780
Teresa ThorntonCFO$104,278
Conrad LoweBoard Member & Consultant$39,583

Compensation data as of: 12/31/2022


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