HopeKids

The information on this page was last updated 5/9/2023. If you see errors or omissions, please email: [email protected]


Summary

HopeKids provides ongoing events, activities and a powerful, unique support community for families who have a child with cancer or some other life-threatening medical condition. They focus on five areas of impact: hope and anticipation, family, community and support, safety and acceptance, and economic support.


Contact information

Mailing address:
HopeKids
PO Box 28471
Scottsdale, AZ 85255

Website: hopekids.org

Phone: (800) 319-5845

Email: [email protected]


Organization details

EIN: 861042378

CEO/President: Josh Taylor

Chairman: Steve Whiteman

Board size: 7

Founder:

Ruling year: 2002

Tax deductible: Yes

Fiscal year end: 12/31

Member of ECFA: Yes

Member of ECFA since: 2014


Purpose

To restore hope and transform the lives of children with life-threatening medical conditions, their families and the communities in which we serve.


Mission statement

HopeKids provides ongoing events, activities and a powerful, unique support community for families who have a child with cancer or some other life-threatening medical condition. We surround these remarkable children and their families with the message that hope can be a powerful medicine.


Statement of faith

Our Guiding Principles:

Our vision, mission and motivation are driven by our desire to serve in the name of Jesus Christ in response to and out of our gratitude to God. (Colossians 3:17) It is through God's love and the eternal hope we find in Jesus that we want to love and offer hope to those in need.

We cling to the promise that "Hope does not disappoint." (Romans 5:5) We also believe that hope comes from God, and provides joy and peace in a way that nothing else can. These biblical truths form our belief that hope is a powerful medicine, and all our activities, resources, and time are to be directed to restoring hope for the future to the children and families we serve.

We strive to promote integrity, honesty, and openness in the manner in which we conduct our daily financial and management operations. We will be good stewards of all resources that God has blessed us with.

The HopeKids program is open to all children with life-threatening medical conditions and their families without regard to background, ethnicity, gender, religion, race, or sexual orientation.

Donor confidence score

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Transparency grade

A

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Financial efficiency ratings

Sector: Community Development

CategoryRatingOverall rankSector rank
Overall efficiency rating268 of 109734 of 142
Fund acquisition rating709 of 109983 of 142
Resource allocation rating187 of 109934 of 142
Asset utilization rating280 of 109735 of 142

Financial ratios

Funding ratiosSector median20222021202020192018
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%8%8%9%9%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%8%8%9%8%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
92%97%97%97%97%95%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%8%10%9%9%7%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
8%3%3%3%3%5%
 
Operating ratiosSector median20222021202020192018
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%87%84%83%86%88%
Spending ratio Spending ratio =
Total expenses /
Total revenue
92%101%82%95%92%102%
Program output ratio Program output ratio =
Program services /
Total revenue
74%87%69%79%79%90%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
8%-1%18%5%8%-2%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
10%-1%22%6%15%-3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%5%6%8%5%6%
 
Investing ratiosSector median20222021202020192018
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.871.431.031.141.701.63
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.671.011.011.011.011.01
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.551.441.041.151.721.65
 
Liquidity ratiosSector median20222021202020192018
Current ratio Current ratio =
Total current assets /
Total current liabilities
17.03101.15191.71127.9856.1755.54
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.010.010.010.020.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.968.2711.5010.326.877.16
 
Solvency ratiosSector median20222021202020192018
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%1%1%1%2%2%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
105%69%96%87%58%60%

Financials

Balance sheet
 
Assets20222021202020192018
Cash$3,002,451$3,131,717$2,275,757$2,008,904$1,584,473
Receivables, inventories, prepaids$92,987$181,834$48,436$64,577$61,451
Short-term investments$786,511$650,282$780,581$863,379$837,952
Other current assets$0$0$0$0$0
Total current assets$3,881,949$3,963,833$3,104,774$2,936,860$2,483,876
Long-term investments$0$0$0$0$0
Fixed assets$15,855$11,067$15,096$24,075$20,897
Other long-term assets$10,000$10,000$10,000$10,000$10,000
Total long-term assets$25,855$21,067$25,096$34,075$30,897
Total assets$3,907,804$3,984,900$3,129,870$2,970,935$2,514,773
 
Liabilities20222021202020192018
Payables and accrued expenses$38,378$20,676$24,259$52,285$44,726
Other current liabilities$0$0$0$0$0
Total current liabilities$38,378$20,676$24,259$52,285$44,726
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$38,378$20,676$24,259$52,285$44,726
 
Net assets20222021202020192018
Without donor restrictions$3,709,530$3,599,216$2,746,540$2,355,647$2,223,124
With donor restrictions$159,896$365,008$359,071$563,003$246,923
Net assets$3,869,426$3,964,224$3,105,611$2,918,650$2,470,047
 
Revenues and expenses
 
Revenue20222021202020192018
Total contributions$5,337,380$4,851,252$3,634,294$5,319,044$3,822,945
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$36,936$20,429$19,674$51,807$20,850
Other revenue$155,055$119,768$101,149$92,907$169,643
Total other revenue$191,991$140,197$120,823$144,714$190,493
Total revenue$5,529,371$4,991,449$3,755,117$5,463,758$4,013,438
 
Expenses20222021202020192018
Program services$4,837,083$3,452,680$2,974,954$4,342,933$3,593,177
Management and general$304,597$265,276$280,451$241,367$225,002
Fundraising$433,430$395,963$327,390$455,606$269,282
Total expenses$5,575,110$4,113,919$3,582,795$5,039,906$4,087,461
 
Change in net assets20222021202020192018
Surplus (deficit)($45,739)$877,530$172,322$423,852($74,023)
Other changes in net assets$0$0$0$0$0
Total change in net assets($45,739)$877,530$172,322$423,852($74,023)

Compensation

NameTitleCompensation
Josh TaylorPresident$198,508
Kimberly TrichelDirector of Operations$128,637

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 5/9/2023. To update the information below, please email: [email protected]


History


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