HopeKids

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: info@hopekids.org


Organization details

EIN: 861042378

CEO/President: Josh Taylor

Chairman: Steve Whiteman

Board size: 6

Founder:

Year founded: 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.

Transparency grade

This ministry has not been assigned a transparency grade.

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Health & Well-Being

CategoryRatingOverall rankSector rank
Overall efficiency rating187 of 6243 of 5
Fund acquisition rating278 of 6252 of 5
Resource allocation rating81 of 6252 of 5
Asset utilization rating388 of 6244 of 5

Financial ratios

Funding ratiosSector median20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
10%7%7%7%4%4%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
7%7%7%7%4%4%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%95%98%96%96%97%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
7%7%8%8%6%5%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%5%2%4%4%3%
 
Operating ratiosSector median20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%88%88%88%88%90%
Spending ratio Spending ratio =
Total expenses /
Total revenue
102%102%92%95%77%88%
Program output ratio Program output ratio =
Program services /
Total revenue
81%90%81%84%67%79%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
-2%-2%8%5%23%12%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
-3%-3%14%7%41%27%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
11%6%4%4%7%6%
 
Investing ratiosSector median20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
2.201.631.471.441.351.97
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.011.011.021.011.651.02
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.571.651.501.452.232.01
 
Liquidity ratiosSector median20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
29.2855.5455.29118.3977.9581.67
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.020.020.020.010.010.01
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
2.877.167.878.205.325.89
 
Solvency ratiosSector median20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
2%2%2%1%1%1%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
33%60%67%69%74%50%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$1,584,473$2,208,797$2,135,174$1,112,176$1,243,490
Receivables, inventories, prepaids$61,451$87,748$58,715$27,655$21,244
Short-term investments$837,952$256,313$10,350$0$0
Other current assets$0$0$0$0$0
Total current assets$2,483,876$2,552,858$2,204,239$1,139,831$1,264,734
Long-term investments$0$0$0$729,830$0
Fixed assets$20,897$29,683$10,065$16,408$24,524
Other long-term assets$10,000$10,000$10,000$0$0
Total long-term assets$30,897$39,683$20,065$746,238$24,524
Total assets$2,514,773$2,592,541$2,224,304$1,886,069$1,289,258
 
Liabilities20182017201620152014
Payables and accrued expenses$44,726$46,169$18,618$14,622$15,486
Other current liabilities$0$0$0$0$0
Total current liabilities$44,726$46,169$18,618$14,622$15,486
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$44,726$46,169$18,618$14,622$15,486
 
Net assets20182017201620152014
Unrestricted$2,223,124$2,076,144$1,976,576$1,472,682$1,273,772
Temporarily restricted$246,923$470,228$229,110$398,765$0
Permanently restricted$0$0$0$0$0
Net assets$2,470,047$2,546,372$2,205,686$1,871,447$1,273,772
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$3,822,945$4,099,309$3,230,845$3,177,789$2,794,155
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$20,850$9,225$47,284$25,360$1,234
Other revenue$169,643$59,733$81,957$109,053$99,188
Total other revenue$190,493$68,958$129,241$134,413$100,422
Total revenue$4,013,438$4,168,267$3,360,086$3,312,202$2,894,577
 
Expenses20182017201620152014
Program services$3,593,177$3,358,499$2,819,701$2,226,628$2,283,634
Management and general$225,002$166,161$137,755$169,722$144,850
Fundraising$269,282$298,708$242,195$141,894$117,216
Total expenses$4,087,461$3,823,368$3,199,651$2,538,244$2,545,700
 
Change in net assets20182017201620152014
Surplus (deficit)($74,023)$344,899$160,435$773,958$348,877
Other changes in net assets$0$0$0$0$0
Total change in net assets($74,023)$344,899$160,435$773,958$348,877

Response from ministry

No response has been provided by this ministry.


History


Program accomplishments


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