HopeKids

The information on this page was last updated 7/13/2022. 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 rating342 of 103330 of 79
Fund acquisition rating649 of 103546 of 79
Resource allocation rating274 of 103527 of 79
Asset utilization rating357 of 103331 of 79

Financial ratios

Funding ratiosSector median20212020201920182017
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
8%8%9%9%7%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
5%8%9%8%7%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
79%97%97%97%95%98%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%10%9%9%7%8%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
21%3%3%3%5%2%
 
Operating ratiosSector median20212020201920182017
Program expense ratio Program expense ratio =
Program services /
Total expenses
80%84%83%86%88%88%
Spending ratio Spending ratio =
Total expenses /
Total revenue
89%82%95%92%102%92%
Program output ratio Program output ratio =
Program services /
Total revenue
69%69%79%79%90%81%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
11%18%5%8%-2%8%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
14%22%6%15%-3%14%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
12%6%8%5%6%4%
 
Investing ratiosSector median20212020201920182017
Total asset turnover Total asset turnover =
Total expenses /
Total assets
0.801.031.141.701.631.47
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
2.131.011.011.011.011.02
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
1.691.041.151.721.651.50
 
Liquidity ratiosSector median20212020201920182017
Current ratio Current ratio =
Total current assets /
Total current liabilities
10.94191.71127.9856.1755.5455.29
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.080.010.010.020.020.02
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
6.2511.5010.326.877.167.87
 
Solvency ratiosSector median20212020201920182017
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%1%1%2%2%2%
Debt ratio Debt ratio =
Debt /
Total assets
2%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
102%96%87%58%60%67%

Financials

Balance sheet
 
Assets20212020201920182017
Cash$3,131,717$2,275,757$2,008,904$1,584,473$2,208,797
Receivables, inventories, prepaids$181,834$48,436$64,577$61,451$87,748
Short-term investments$650,282$780,581$863,379$837,952$256,313
Other current assets$0$0$0$0$0
Total current assets$3,963,833$3,104,774$2,936,860$2,483,876$2,552,858
Long-term investments$0$0$0$0$0
Fixed assets$11,067$15,096$24,075$20,897$29,683
Other long-term assets$10,000$10,000$10,000$10,000$10,000
Total long-term assets$21,067$25,096$34,075$30,897$39,683
Total assets$3,984,900$3,129,870$2,970,935$2,514,773$2,592,541
 
Liabilities20212020201920182017
Payables and accrued expenses$20,676$24,259$52,285$44,726$46,169
Other current liabilities$0$0$0$0$0
Total current liabilities$20,676$24,259$52,285$44,726$46,169
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$20,676$24,259$52,285$44,726$46,169
 
Net assets20212020201920182017
Without donor restrictions$3,599,216$2,746,540$2,355,647$2,223,124$2,076,144
With donor restrictions$365,008$359,071$563,003$246,923$470,228
Net assets$3,964,224$3,105,611$2,918,650$2,470,047$2,546,372
 
Revenues and expenses
 
Revenue20212020201920182017
Total contributions$4,851,252$3,634,294$5,319,044$3,822,945$4,099,309
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$20,429$19,674$51,807$20,850$9,225
Other revenue$119,768$101,149$92,907$169,643$59,733
Total other revenue$140,197$120,823$144,714$190,493$68,958
Total revenue$4,991,449$3,755,117$5,463,758$4,013,438$4,168,267
 
Expenses20212020201920182017
Program services$3,452,680$2,974,954$4,342,933$3,593,177$3,358,499
Management and general$265,276$280,451$241,367$225,002$166,161
Fundraising$395,963$327,390$455,606$269,282$298,708
Total expenses$4,113,919$3,582,795$5,039,906$4,087,461$3,823,368
 
Change in net assets20212020201920182017
Surplus (deficit)$877,530$172,322$423,852($74,023)$344,899
Other changes in net assets$0$0$0$0$0
Total change in net assets$877,530$172,322$423,852($74,023)$344,899

Compensation

NameTitleCompensation
Josh TaylorPresident$170,938

Compensation data as of: 12/31/2020


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 7/13/2022. To update the information below, please email: [email protected]


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