Hope Walks

The information on this page was last updated 11/7/2022. If you see errors or omissions, please email: [email protected]

Summary

As the largest Christian provider of clubfoot care, we endeavor to take the same approach Jesus did: showing love by serving well and sharing the gospel through what we say and do.

We pair quality clubfoot treatment with compassionate care from clubfoot clinic parent advisors while empowering local healthcare workers and educating parents and caregivers.

Contact information

Mailing address:
Hope Walks
PO Box 1098
Mechanicsburg, PA 17055

Website: hopewalks.org

Phone: 717-502-4400

Email: [email protected]

Organization details

EIN: 831167436

CEO/President: Scott Reichenbach

Chairman: Leron Lehman

Board size: 8

Founder: Scott Reichenbach

Ruling year: 2018

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 2020

Purpose

We believe that the greatest gift is not just freedom from clubfoot alone, but the hope that comes from walking with Jesus. We do what we do to serve Him and to share His love with those we serve.

Mission statement

Motivated by our hope in Christ, Hope Walks frees children, families, and communities from the burden of clubfoot.

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: Foreign Missions

Category	Rating	Overall rank	Sector rank
Overall efficiency rating		885 of 1094	106 of 144
Fund acquisition rating		1025 of 1097	129 of 144
Resource allocation rating		576 of 1097	66 of 144
Asset utilization rating		656 of 1094	83 of 144

Financial ratios

Funding ratios	Sector median	2020	2019
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions	4%	12%	1%
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue	4%	12%	1%
Contributions reliance Contributions reliance = Total contributions / Total revenue	98%	100%	100%
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses	5%	10%	31%
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue	2%	0%	0%

Operating ratios	Sector median	2020	2019
Program expense ratio Program expense ratio = Program services / Total expenses	84%	84%	35%
Spending ratio Spending ratio = Total expenses / Total revenue	91%	122%	3%
Program output ratio Program output ratio = Program services / Total revenue	76%	103%	1%
Savings ratio Savings ratio = Surplus (deficit) / Total revenue	9%	-22%	97%
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets	13%	-17%	100%
General and admin ratio General and admin ratio = Management and general expense / Total expenses	10%	6%	34%

Investing ratios	Sector median	2020	2019
Total asset turnover Total asset turnover = Total expenses / Total assets	1.16	0.92	0.03
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets	1.28	1.00	1.00
Current asset turnover Current asset turnover = Total expenses / Total current assets	1.71	0.92	0.03

Liquidity ratios	Sector median	2020	2019
Current ratio Current ratio = Total current assets / Total current liabilities	21.84	68.23	171.21
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets	0.04	0.01	0.01
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12)	6.40	12.91	440.80

Solvency ratios	Sector median	2020	2019
Liabilities ratio Liabilities ratio = Total liabilities / Total assets	7%	3%	1%
Debt ratio Debt ratio = Debt / Total assets	0%	2%	0%
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses	79%	106%	3673%

Financials

Balance sheet

Assets	2020	2019
Cash	$1,392,080	$769,189
Receivables, inventories, prepaids	$1,331,426	$2,337,581
Short-term investments	$0	$0
Other current assets	$0	$0
Total current assets	$2,723,506	$3,106,770
Long-term investments	$0	$0
Fixed assets	$1,080	$0
Other long-term assets	$0	$0
Total long-term assets	$1,080	$0
Total assets	$2,724,586	$3,106,770

Liabilities	2020	2019
Payables and accrued expenses	$39,917	$18,146
Other current liabilities	$0	$0
Total current liabilities	$39,917	$18,146
Debt	$53,000	$0
Due to (from) affiliates	$0	$0
Other long-term liabilities	$0	$0
Total long-term liabilities	$53,000	$0
Total liabilities	$92,917	$18,146

Net assets	2020	2019
Without donor restrictions	$1,253,176	$700,981
With donor restrictions	$1,378,493	$2,387,643
Net assets	$2,631,669	$3,088,624

Revenues and expenses

Revenue	2020	2019
Total contributions	$2,035,378	$3,171,576
Program service revenue	$0	$0
Membership dues	$0	$0
Investment income	$1,295	$188
Other revenue	$50	$943
Total other revenue	$1,345	$1,131
Total revenue	$2,036,723	$3,172,707

Expenses	2020	2019
Program services	$2,094,408	$29,523
Management and general	$151,532	$28,509
Fundraising	$247,962	$26,051
Total expenses	$2,493,902	$84,083

Change in net assets	2020	2019
Surplus (deficit)	($457,179)	$3,088,624
Other changes in net assets	$0	$0
Total change in net assets	($457,179)	$3,088,624

Compensation

Name	Title	Compensation
Scott Reichenbach	President	$49,803
Linda Hansen	Regional Director Africa	$47,940
Andrew Myers	Regional Director Latin America	$35,570

Compensation data as of: 6/30/2020

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 11/7/2022. To update the information below, please email: [email protected]

History

Hope Walks officially became an independent organization in 2019, but grew out of an existing clubfoot program that began in 2006. Since the program began, we have enrolled more than 140,000 kids into clubfoot treatment.

Program accomplishments

159 partner clinics
146,478 children have received treatment
1,273,732 clinic visits

Question	Response	Score
Does the organization have a statement of faith consistent with historic Christian creeds and is that statement of easily found on its website?	No	0/4
Does the board have no more than 2 non-independent members?	Yes	10/10
Does the board have at least four independent board members for every non-independent member?	Yes	4/4
Does the board contain between 5 and 11 members?	Yes	10/10
Does the organization file a Form 990 and make its Form 990 available to the public?	Yes	15/15
Does the organization make its audit or review (if annual revenue is more than $1-m) available on its website?	Yes	4/4
Is the organization a member of the ECFA?	Yes	9/9
Is the CEO/President's compensation within one standard deviation of the median compensation?	Yes	4/4
Did the organization operate at a net profit (revenue greater than expenses) in the most recent year?	Yes	4/4
Does the organization refrain from owning or leasing a private aircraft, or having fractional interest in one, that is primarily used for travel by the organization's leaders?	Yes	4/4
For the past five years, has the organization been free of any lawsuits or administrative actions filed against it by an employee, client, board member, vendor, donor, or other related party?	Yes	4/4
Are author royalties and speaking engagement fees paid to the organization, and not the individual?	Yes	4/4
Does the organization require its employees to affirm upon hiring the statement of faith of the organization?	Yes	4/4
Is the board chair an independent member of the board?	Yes	4/4
Does the board have term limits?	Yes	4/4
Have there been no public accusations of misdeeds against the organization, founder, CEO, senior pastor, or board members in the past five years?	Yes	4/4
Has the organization refrained from the use of non-disclosure agreements?	Yes	4/4
Does the organization have an overall financial efficiency rating of at least 2 stars?	Yes	4/4
Total donor confidence score		96/100