Hope and Home

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 1/25/2021. To update the information in this column, please email: info@ministrywatch.com


Hope & Home is a provider of foster/adopt services. We help find safe and loving homes for the children in Colorado who have been abused and neglected.

Contact information

Mailing address:
Hope and Home
4945 N 30th Street
Colorado Springs, CO 80919

Website: hopeandhome.org

Phone: 719-575-9887

Email: gmilne@hopeandhome.org

Organization details

EIN: 841467476

CEO/President: Ross Wright

Chairman: Keith Cross

Board size: 7


Year founded: 1998

Tax deductible: Yes

Fiscal year end: 08/31

Member of ECFA: Yes

Member of ECFA since: 2006


Abused and neglected children who've been removed from their birth homes get a stable and nurturing family to live with until it's safe to go home again, or - when that safety isn't possible - a family to give them a "forever home" through adoption.

Mission statement

As a nondenominational Christian charity, Hope & Home trains and actively supports foster families all across the Front Range who feel compelled by Christ's command to take care of "the least of these."

Statement of faith

Transparency grade


To understand our transparency grade, click here.

Financial efficiency ratings

Sector: Adoption/Foster Care

CategoryRatingOverall rankSector rank
Overall efficiency rating335 of 85710 of 21
Fund acquisition rating373 of 8579 of 21
Resource allocation rating281 of 85710 of 21
Asset utilization rating481 of 85711 of 21

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
Spending ratio Spending ratio =
Total expenses /
Total revenue
Program output ratio Program output ratio =
Program services /
Total revenue
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
Debt ratio Debt ratio =
Debt /
Total assets
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses


Balance sheet
Receivables, inventories, prepaids$830,573$382,551$300,529$303,864$220,202
Short-term investments$1,098,997$988,467$945,503$451,626$428,579
Other current assets$0$0$0$0$0
Total current assets$3,771,611$2,179,594$1,780,703$1,246,102$726,321
Long-term investments$0$0$0$0$0
Fixed assets$2,118,262$2,105,677$2,113,937$2,195,007$2,285,351
Other long-term assets$22,044$25,332$22,995$213,757$199,725
Total long-term assets$2,140,306$2,131,009$2,136,932$2,408,764$2,485,076
Total assets$5,911,917$4,310,603$3,917,635$3,654,866$3,211,397
Payables and accrued expenses$387,749$236,675$188,190$238,678$177,083
Other current liabilities$0$0$0$0$0
Total current liabilities$387,749$236,675$188,190$238,678$177,083
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$22,044$25,332$22,995$213,137$196,047
Total long-term liabilities$1,545,586$1,615,553$1,677,284$1,928,987$1,971,047
Total liabilities$1,933,335$1,852,228$1,865,474$2,167,665$2,148,130
Net assets20192018201720162015
Temporarily restricted$363,363$15,034$13,652$29,732$6,120
Permanently restricted$0$0$0$0$0
Net assets$3,978,582$2,458,375$2,052,161$1,487,201$1,063,267
Revenues and expenses
Total contributions$1,142,886$859,877$962,899$885,699$642,741
Program service revenue$5,046,426$3,008,199$2,969,224$2,548,128$1,999,527
Membership dues$0$0$0$0$0
Investment income$13,824$52,702$47,141$20,404$2,746
Other revenue$15,276$27,086$11,253$8,683$17,058
Total other revenue$5,075,526$3,087,987$3,027,618$2,577,215$2,019,331
Total revenue$6,218,412$3,947,864$3,990,517$3,462,914$2,662,072
Program services$3,966,079$2,974,659$2,779,239$2,421,914$2,300,155
Management and general$678,598$531,088$575,017$487,008$322,667
Total expenses$4,739,663$3,584,617$3,510,515$3,053,010$2,770,406
Change in net assets20192018201720162015
Surplus (deficit)$1,478,749$363,247$480,002$409,904($108,334)
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,478,749$363,247$480,002$409,904($108,334)


Ross WrightExecutive Director$233,457

Compensation data as of: 8/31/2019

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 1/25/2021. To update the information below, please email: info@ministrywatch.com


Hope & Home started with a few concerned members of a church Sunday school group who saw foster kids being treated like second-class citizens, or worse, and decided to do something about it.

Today, we've turned foster care upside down and have emerged as one of the largest, most dynamic child placement agencies (CPAs) in the state of Colorado - with hundreds of children rescued from the foster care system and happily adopted. Each year we provide short- and long-term, in-family care to hundreds of children in crisis.

At any given time, from well over 100 to 150 families across the Front Range are either providing care for foster children or are in training to become licensed with us.

Along the way, we've created a program where children in foster care are nurtured and truly cared for, and where the foster parents who give these children a home can do so with a level of friendly, professional support not found anywhere else.

Our strength comes from our Christian commitment to children, from our large and highly invested community of donors and supporters, and from our pledge to only accept first-rate foster parents who believe, as we do, that no child should ever feel less than loved.

The result? Hope & Home is recognized by numerous judges, child welfare experts and others as having the best foster parents, and as being the agency that does the best job taking care of foster children.

Program accomplishments

A proven Colorado Foster Care Agency:

2706 foster kids Hope and Home has helped place in loving families

699 families Hope and Home has certified to provide foster care.