Hope Walks 
The information on this page was last updated 5/21/2024. If you see errors or omissions, please email: [email protected]
Summary
Hope Walks supports clubfoot treatment centers in 15 countries by forming a network of partnerships to train and equip local healthcare providers and provide dedicated parent support and education.
Contact information
Mailing address:
Hope Walks
PO Box 281
York Springs, PA 17372
Website: hopewalks.org
Phone: 717-502-4400
Email: [email protected]
Organization details
EIN: 831167436
CEO/President: Scott Reichenbach
Chairman: Leron Lehman
Board size: 7
Founder: Scott Reichenbach
Ruling year: 2018
Tax deductible: Yes
Fiscal year end: 06/30
Member of ECFA: Yes
Member of ECFA since: 2020
Purpose
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.
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 150,000 kids in clubfoot treatment.
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
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 | | 933 of 1102 | 107 of 131 |
| Fund acquisition rating | | 1035 of 1103 | 121 of 131 |
| Resource allocation rating | | 914 of 1103 | 111 of 131 |
| Asset utilization rating | | 442 of 1102 | 47 of 131 |
Financial ratios
| Funding ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 16% | 18% | 19% | 12% | 1% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 5% | 16% | 18% | 19% | 12% | 1% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 98% | 100% | 100% | 100% | 100% | 100% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 15% | 16% | 19% | 10% | 31% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 2% | 0% | 0% | 0% | 0% | 0% |
| Operating ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Program expense ratio Program expense ratio = Program services / Total expenses | 84% | 78% | 79% | 76% | 84% | 35% |
Spending ratio Spending ratio = Total expenses / Total revenue | 99% | 106% | 112% | 97% | 122% | 3% |
Program output ratio Program output ratio = Program services / Total revenue | 84% | 83% | 89% | 74% | 103% | 1% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 1% | -6% | -12% | 3% | -22% | 97% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 3% | -12% | -16% | 3% | -17% | 100% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 9% | 7% | 5% | 5% | 6% | 34% |
| Investing ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.34 | 1.72 | 1.47 | 0.93 | 0.92 | 0.03 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.28 | 1.17 | 1.10 | 1.07 | 1.00 | 1.00 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.12 | 2.02 | 1.63 | 1.00 | 0.92 | 0.03 |
| Liquidity ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Current ratio Current ratio = Total current assets / Total current liabilities | 18.01 | 20.77 | 30.79 | 21.89 | 68.23 | 171.21 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.05 | 0.05 | 0.03 | 0.05 | 0.01 | 0.01 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 5.35 | 5.67 | 7.14 | 11.50 | 12.91 | 440.80 |
| Solvency ratios | Sector median | 2023 | 2022 | 2021 | 2020 | 2019 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 7% | 10% | 3% | 4% | 3% | 1% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 2% | 0% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 68% | 52% | 66% | 103% | 106% | 3673% |
Financials
| Balance sheet | |||||
| Assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Cash | $1,726,577 | $1,744,257 | $2,282,734 | $1,392,080 | $769,189 |
| Receivables, inventories, prepaids | $219,461 | $402,987 | $357,879 | $1,331,426 | $2,337,581 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,946,038 | $2,147,244 | $2,640,613 | $2,723,506 | $3,106,770 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $204,948 | $222,551 | $181,406 | $1,080 | $0 |
| Other long-term assets | $134,685 | $0 | $0 | $0 | $0 |
| Total long-term assets | $339,633 | $222,551 | $181,406 | $1,080 | $0 |
| Total assets | $2,285,671 | $2,369,795 | $2,822,019 | $2,724,586 | $3,106,770 |
| Liabilities | 2023 | 2022 | 2021 | 2020 | 2019 |
| Payables and accrued expenses | $93,698 | $69,734 | $120,633 | $39,917 | $18,146 |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 |
| Total current liabilities | $93,698 | $69,734 | $120,633 | $39,917 | $18,146 |
| Debt | $0 | $0 | $0 | $53,000 | $0 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $134,685 | $0 | $0 | $0 | $0 |
| Total long-term liabilities | $134,685 | $0 | $0 | $53,000 | $0 |
| Total liabilities | $228,383 | $69,734 | $120,633 | $92,917 | $18,146 |
| Net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Without donor restrictions | $1,784,448 | $1,560,222 | $1,576,996 | $1,253,176 | $700,981 |
| With donor restrictions | $272,840 | $739,839 | $1,124,390 | $1,378,493 | $2,387,643 |
| Net assets | $2,057,288 | $2,300,061 | $2,701,386 | $2,631,669 | $3,088,624 |
| Revenues and expenses | |||||
| Revenue | 2023 | 2022 | 2021 | 2020 | 2019 |
| Total contributions | $3,675,738 | $3,116,668 | $2,697,224 | $2,035,378 | $3,171,576 |
| Program service revenue | $0 | $0 | $0 | $0 | $0 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $23,967 | $3,750 | $1,002 | $1,295 | $188 |
| Other revenue | ($14,771) | ($7,663) | $0 | $50 | $943 |
| Total other revenue | $9,196 | ($3,913) | $1,002 | $1,345 | $1,131 |
| Total revenue | $3,684,934 | $3,112,755 | $2,698,226 | $2,036,723 | $3,172,707 |
| Expenses | 2023 | 2022 | 2021 | 2020 | 2019 |
| Program services | $3,064,223 | $2,771,569 | $1,987,386 | $2,094,408 | $29,523 |
| Management and general | $283,163 | $169,712 | $138,555 | $151,532 | $28,509 |
| Fundraising | $574,423 | $550,692 | $502,568 | $247,962 | $26,051 |
| Total expenses | $3,921,809 | $3,491,973 | $2,628,509 | $2,493,902 | $84,083 |
| Change in net assets | 2023 | 2022 | 2021 | 2020 | 2019 |
| Surplus (deficit) | ($236,875) | ($379,218) | $69,717 | ($457,179) | $3,088,624 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($236,875) | ($379,218) | $69,717 | ($457,179) | $3,088,624 |
Compensation
| Name | Title | Compensation |
| Jai Sarma | VP of Programs | $120,047 |
| Scott Reichenbach | President | $116,172 |
| Andrew Myers | VP of Operations | $91,957 |
Compensation data as of: 6/30/2023
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 5/21/2024. 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.