Hope is Alive Ministries Inc.

The information on this page was last updated 7/11/2023. If you see errors or omissions, please email: [email protected]


Summary


Contact information

Mailing address:
14401 N. May Avenue
Oklahoma City, OK 73134

Website: hopeisalive.net

Phone: (405)929-0278

Email: [email protected]


Organization details

EIN: 461181070

CEO/President: Lance Lang

Chairman: Robert Kellogg

Board size: 7

Founder: Lance and Allyson Lang

Ruling year: 2013

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2023


Purpose

HIA provides high quality, next level, intentional, sober living homes for men and women seeking a new life from drug and alcohol abuse.


Mission statement

We are radically changing the lives of drug addicts, alcoholics, and those that love them.


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 rating967 of 1104123 of 140
Fund acquisition rating667 of 110589 of 140
Resource allocation rating1003 of 1105125 of 140
Asset utilization rating794 of 1104111 of 140

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
11%13%15%10%13%8%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
10%12%12%8%11%6%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
93%86%83%80%83%73%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
11%19%24%16%23%10%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
7%14%17%20%17%27%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
79%64%61%61%55%58%
Spending ratio Spending ratio =
Total expenses /
Total revenue
89%62%52%52%48%64%
Program output ratio Program output ratio =
Program services /
Total revenue
70%40%32%31%26%37%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
11%38%48%48%52%36%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
7%24%34%37%61%42%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
9%17%15%23%22%32%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.520.330.320.350.480.48
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.712.612.132.354.953.48
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.680.870.690.812.371.68
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
13.91159.17414.1533.1942.95123.74
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.070.010.000.030.020.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.4613.6417.4314.364.947.09
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%16%11%13%14%34%
Debt ratio Debt ratio =
Debt /
Total assets
1%11%11%12%14%34%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
160%250%276%252%179%136%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$6,829,988$6,010,587$3,649,414$1,131,187$829,406
Receivables, inventories, prepaids$143,867$76,135$94,450$0$0
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$6,973,855$6,086,722$3,743,864$1,131,187$829,406
Long-term investments$0$0$0$0$0
Fixed assets$10,279,423$6,891,358$5,014,290$4,397,486$2,010,381
Other long-term assets$945,927$12,971$28,391$75,412$44,901
Total long-term assets$11,225,350$6,904,329$5,042,681$4,472,898$2,055,282
Total assets$18,199,205$12,991,051$8,786,545$5,604,085$2,884,688
 
Liabilities20222021202020192018
Payables and accrued expenses$43,815$14,697$17,384$26,336$6,703
Other current liabilities$0$0$95,400$0$0
Total current liabilities$43,815$14,697$112,784$26,336$6,703
Debt$2,003,114$1,455,434$1,024,008$777,604$979,785
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$909,685$0$0$0$0
Total long-term liabilities$2,912,799$1,455,434$1,024,008$777,604$979,785
Total liabilities$2,956,614$1,470,131$1,136,792$803,940$986,488
 
Net assets20222021202020192018
Without donor restrictions$14,962,145$11,464,840$7,620,862$4,793,348$1,898,200
With donor restrictions$280,446$56,080$28,891$6,797$0
Net assets$15,242,591$11,520,920$7,649,753$4,800,145$1,898,200
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$8,488,235$6,706,159$4,677,075$4,627,642$1,590,862
Program service revenue$1,191,829$1,235,344$1,173,886$948,833$576,463
Membership dues$0$0$0$0$0
Investment income$124,528$65,434$11,528$9,191$5,717
Other revenue$12,223$45,786$1,179$2,288$8,816
Total other revenue$1,328,580$1,346,564$1,186,593$960,312$590,996
Total revenue$9,816,815$8,052,723$5,863,668$5,587,954$2,181,858
 
Expenses20222021202020192018
Program services$3,889,540$2,548,468$1,838,467$1,474,220$808,835
Management and general$1,060,150$644,101$705,952$599,271$450,752
Fundraising$1,145,454$988,987$490,117$607,945$132,285
Total expenses$6,095,144$4,181,556$3,034,536$2,681,436$1,391,872
 
Change in net assets20222021202020192018
Surplus (deficit)$3,721,671$3,871,167$2,829,132$2,906,518$789,986
Other changes in net assets$0$0$0$0$0
Total change in net assets$3,721,671$3,871,167$2,829,132$2,906,518$789,986

Compensation

NameTitleCompensation
Lance LangExecutive Director$220,196
Allyson LangCOO$179,027

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 7/11/2023. To update the information below, please email: [email protected]


History

Since 2013, our mentoring homes have enjoyed a 71% success rate for all residents and an 89% success rate for all program graduates! Our success is found in our long-term (18 month), intentional program that gives the addict the opportunity to not only establish a strong foundation of sobriety, but a firm footing in all facets of their lives. Residents leave our program equipped emotionally, professionally, spiritually, and financially, with their families restored and a toolkit of life skills that enable them to contribute abundantly to their respective communities.


Program accomplishments


Needs