Hope of the Valley Rescue Mission 
The information on this page was last updated 4/5/2025. If you see errors or omissions, please email: [email protected]
Summary
We believe that everybody and everything deserves a second chance. As a faith-based compassion ministry, we focus on the spiritual, emotional, physical, relational, occupational and financial needs of our clients. Our two-pronged approach starts with crisis intervention then bridges clients, when they are ready, into long-term services that address chronic obstacles.
Contact information
Mailing address:
Hope of the Valley Rescue Mission
PO Box 7609
Mission Hills, CA 91346
Website: hopeofthevalley.org
Phone: 818-392-0020
Email: [email protected]
Organization details
EIN: 272053273
CEO/President: Ken Craft
Chairman: Theresa Jackson
Board size: 13
Founder:
Ruling year: 2010
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
Our vision is that no one goes without...
Hope- A message of love, support and freedom for a better tomorrow.
Hot Meals- Food distribution to the hungry.
Housing- Emergency/transitional shelter to the situational and chronically homeless.
Health Services- Resources for basic human needs.
Healing - Proven programs that lead to wholeness and self-sufficiency.
Mission statement
Our mission is to prevent, reduce and eliminate poverty, hunger and homelessness. We do this by offering immediate assistance and long-term solutions. We are a faith-based independent 501(c)(3) nonprofit organization that does not discriminate based on gender, age, ethnicity, sexual orientation, religious affiliation or lack thereof. Our services are grounded in a deep respect for the dignity inherent in each human being.
Statement of faith
Donor confidence score
Transparency grade
C
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Rescue Missions/Homeless Shelters
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 218 of 1123 | 31 of 138 |
| Fund acquisition rating | | 148 of 1124 | 8 of 138 |
| Resource allocation rating | | 203 of 1124 | 32 of 138 |
| Asset utilization rating | | 737 of 1123 | 104 of 138 |
According to the organization's Form 990, it received $102,056,068 in government grants in 2023.
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 12% | 2% | 4% | 4% | 6% | 15% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 10% | 2% | 4% | 3% | 4% | 10% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 92% | 93% | 88% | 82% | 80% | 66% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 11% | 5% | 4% | 4% | 5% | 10% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 8% | 7% | 12% | 18% | 20% | 34% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 80% | 90% | 92% | 92% | 87% | 80% |
Spending ratio Spending ratio = Total expenses / Total revenue | 95% | 50% | 83% | 77% | 87% | 98% |
Program output ratio Program output ratio = Program services / Total revenue | 75% | 45% | 76% | 71% | 75% | 79% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 5% | 50% | 17% | 23% | 13% | 2% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 5% | 76% | 43% | 69% | 72% | 19% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 6% | 4% | 3% | 8% | 10% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 0.53 | 0.43 | 0.30 | 0.88 | 1.32 | 2.64 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 2.95 | 3.93 | 2.72 | 1.96 | 1.70 | 1.53 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 1.75 | 1.70 | 0.81 | 1.72 | 2.25 | 4.05 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 13.50 | 1.10 | 0.56 | 1.68 | 1.30 | 2.41 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.91 | 1.78 | 0.60 | 0.77 | 0.41 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 6.33 | 0.65 | -11.68 | 2.81 | 1.24 | 1.74 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 9% | 43% | 86% | 61% | 72% | 73% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 12% | 13% | 29% | 24% | 37% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 154% | 131% | 47% | 44% | 21% | 10% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $17,353,128 | $35,942,231 | $7,053,474 | $944,178 | $750,147 |
| Receivables, inventories, prepaids | $17,904,671 | $14,706,080 | $7,449,145 | $4,924,856 | $1,119,090 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $35,257,799 | $50,648,311 | $14,502,619 | $5,869,034 | $1,869,237 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $97,013,865 | $80,572,361 | $13,961,245 | $4,094,304 | $991,043 |
| Other long-term assets | $6,242,157 | $6,664,204 | $0 | $0 | $0 |
| Total long-term assets | $103,256,022 | $87,236,565 | $13,961,245 | $4,094,304 | $991,043 |
| Total assets | $138,513,821 | $137,884,876 | $28,463,864 | $9,963,338 | $2,860,280 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $10,009,444 | $12,784,433 | $8,656,204 | $4,506,790 | $710,226 |
| Other current liabilities | $21,981,962 | $77,576,009 | $0 | $0 | $64,723 |
| Total current liabilities | $31,991,406 | $90,360,442 | $8,656,204 | $4,506,790 | $774,949 |
| Debt | $17,038,710 | $17,282,663 | $8,259,107 | $2,343,241 | $1,046,838 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $10,824,950 | $11,012,967 | $575,008 | $351,767 | $276,239 |
| Total long-term liabilities | $27,863,660 | $28,295,630 | $8,834,115 | $2,695,008 | $1,323,077 |
| Total liabilities | $59,855,066 | $118,656,072 | $17,490,319 | $7,201,798 | $2,098,026 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $78,658,755 | $16,098,804 | $10,641,045 | $2,587,062 | $624,754 |
| With donor restrictions | $0 | $3,130,000 | $332,500 | $174,478 | $137,500 |
| Net assets | $78,658,755 | $19,228,804 | $10,973,545 | $2,761,540 | $762,254 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $110,652,426 | $43,075,352 | $26,752,325 | $12,214,497 | $5,125,620 |
| Program service revenue | $8,681,942 | $6,081,913 | $5,265,216 | $2,910,989 | $2,708,368 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $139,601 | $5,796 | $0 | $0 | $0 |
| Other revenue | ($121,636) | ($101,815) | $505,605 | $70,805 | ($123,423) |
| Total other revenue | $8,699,907 | $5,985,894 | $5,770,821 | $2,981,794 | $2,584,945 |
| Total revenue | $119,352,333 | $49,061,246 | $32,523,146 | $15,196,291 | $7,710,565 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $53,761,668 | $37,492,352 | $23,089,549 | $11,436,554 | $6,068,174 |
| Management and general | $3,436,767 | $1,538,679 | $809,844 | $1,077,181 | $736,535 |
| Fundraising | $2,723,976 | $1,772,493 | $1,100,784 | $683,270 | $757,391 |
| Total expenses | $59,922,411 | $40,803,524 | $25,000,177 | $13,197,005 | $7,562,100 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | $59,429,922 | $8,257,722 | $7,522,969 | $1,999,286 | $148,465 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | $59,429,922 | $8,257,722 | $7,522,969 | $1,999,286 | $148,465 |
Compensation
| Name | Title | Compensation |
| Laurie Craft | Cpo (thru 4/23) | $280,085 |
| Ken Craft | CEO | $241,251 |
| Rowan Vansleve | President | $229,246 |
| Stephen Morse | COO | $200,104 |
| Tisha Shoemake | CFO | $169,711 |
| Robert Rush | Chief People and Organizational Officer | $159,556 |
| Laura Harwood | Program Director | $132,061 |
| Wilma Garcia | Program Director | $118,500 |
| Irvin Prra | Program Director | $118,446 |
Compensation data as of: 12/31/2023
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 4/5/2025. To update the information below, please email: [email protected]
History
Founded in 2009, Hope of the Valley Rescue Mission began as a small ministry run out of San Pablo Lutheran Church in Sun Valley where volunteers cooked and served hot meals to homeless men, women and children.
2010 - Moved to a 26,000 sf facility in Sun Valley and began providing showers, life-skills classes and case management.
2011 - Opened John E. White House of Hope recovery program for men in Arleta.
2012 - Opened Genesis House, a 30-bed facility in Pacoima for homeless families.
Opened our first social enterprise Thrift Store in Granada Hills.
2013 - Opened the BRIDGE, a 17-bed transitional housing facility for men in Canoga Park.
2014 - Took over operation of the Los Angeles Homeless Services Authority's Cold Weather Shelters in Pacoima and Sylmar with a total of 290 beds. Opened our second social enterprise Thrift Store in Santa Clarita.
2015 - Relocated our homeless services to Van Nuys, expanded services and named the program the HELP Center.
2016 - Opened a 30-bed Recuperative Care Center in Mission Hills.
Opened our third social enterprise Thrift Store in Simi Valley.
2017 - Transferred the Recuperative Care Center to Harbor Recuperative Care.
2018 - Converted the BRIDGE program to a 38-bed shelter for youth ages 18-24 in Burbank called The Landing. Opened Shepherd's House, a 48-bed crisis housing program in the West San Fernando Valley for homeless families with children.
Opened (2) 50-Bed Cold Weather Shelters in Antelope Valley.
2019 - Opened a 48-bed crisis housing facility for homeless moms and kids called Casa de Vida located in the West Valley. Opened a Safe Parking shelter in Palmdale for 30 cars. Launched a weekly Motel Meal Program to address hunger issues of the more than 400 homeless families living in motels in the Valley.
2020 - Opened an 85-bed NoHo Bridge Housing residential facility in North Hollywood. Opened the NoHo Navigation Center in North Hollywood where clients can take showers, store belongings and access case managers and housing navigation. Opened the 100-bed Van Nuys Bridge Housing residential facility in Van Nuys. Opened a Work Ready/Day Labor facility in North Hollywood. Opened 4 Tiny Home Villages: Alexandria Park & Chandler Blvd in North Hollywood and Tarzana and Reseda Tiny Home Villages increasing the number of beds by over 633. Broke ground on the New Trebek Center: A 107 Bed Bridge Housing Center in Northridge.
Program accomplishments
ANNUALLY, WE PROVIDE: 1,642,500 nutritional meals, 2,640 medical and mental health referrals, 547,500 nights of safe shelter, 423,750 showers