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Community Development : Housing and Neighborhood Development

Hope Community

The power of people and place.

three stars

89.09

611 East Franklin Avenue Minneapolis, MN 55404
tel: (612) 874-8867   Web Site
EIN: 41-1292817

Board Leadership
Heidi Lasley Barajas
Chair

CEO
Shannon Smith Jones
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 89.09 three stars
  Financial 96.39 four stars
  Accountability & Transparency 85.00 three stars
This rating was published 02/01/2020 and includes data from FY2018, the most recent 990 received at that time.

Founded in 1977, Hope Community is a catalyst for change, growth and safety. We are building a sustainable neighborhood model through community organization, active education, leadership and affordable housing development. To do this, we develop affordable housing and public spaces, including a community center, playgrounds and gardens. Additionally, we engage with the community extensively to involve hundreds of youth, adults and families each year in learning, leadership and community opportunities.

Founded in 1977, Hope Community is a catalyst for change, growth and safety. We are building a sustainable neighborhood model through community organization, active education, leadership and affordable housing development. To do this, we develop affordable housing and public spaces, including a community center, playgrounds and gardens. Additionally, we engage with the community extensively to involve hundreds of youth, adults and families each year in learning, leadership and community opportunities.

Impact Information

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Financial

four stars

96.39

Accountability & Transparency

three stars

85.00

This rating was published 02/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
88.5%
  Administrative Expenses 5.2%
  Fundraising Expenses 6.1%
  Fundraising Efficiency $0.09
  Working Capital Ratio (years) 2.45
  Program Expenses Growth 8.9%
  Liabilities to Assets 29.6%
All data for Financial Performance Metrics calculations was provided by Hope Community on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Hope Community on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Hope Community (MN) 89.09 three stars
Faith in Action (CA) 87.09 three stars
Downtown Cleveland Alliance (OH) 88.41 three stars
Initiative Foundation (MN) 87.96 three stars
CompassPoint Nonprofit Services (CA) 87.86 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,393,114
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $119,870
Total Contributions $1,512,984
   Program Service Revenue $25,292
Total Primary Revenue $1,538,276
   Other Revenue $530,095
TOTAL REVENUE $2,068,371
   
EXPENSES  
   Program Expenses $2,212,470
   Administrative Expenses $148,201
   Fundraising Expenses $181,760
TOTAL FUNCTIONAL EXPENSES $2,542,431
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-474,060
   
Net Assets $5,981,644

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Community Engagement $1,125,643 50.9%
Housing and Asset Management $1,047,253 47.3%
Real Estate Development $39,574 1.8%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 02/01/2020 89.09 three stars
2017-12 12/21/2018 89.24 three stars
2016-12 03/01/2018 89.24 three stars
2015-12 04/01/2017 88.98 three stars
2014-12 06/01/2016 87.63 three stars
 
CN 2.0
2014-12 12/22/2015 83.63 three stars
2013-12 02/01/2015 80.50 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 41-1292817
Name in IRS Master File HOPE COMMUNITY INC
NTEE Code L41
NTEE Classification Homeless, Temporary Shelter For
NTEE Type Housing, Shelter
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (3) Religious order
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date March, 1977
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2018
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
Compensation % of Expenses Paid to Title
$89,943 3.53% Shannon Jones Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Hope Community (MN) 89.09 three stars
Initiative for A Competitive Inner City (MA) 92.19 four stars
Neighborhood Development Center (MN) 88.92 three stars
Robin Hood Foundation (NY) 97.02 four stars
Mountain Association for Community Economic Development (KY) 94.54 four stars

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Charity Contact Info

Hope Community
611 East Franklin Avenue
Minneapolis, MN 55404
tel: (612) 874-8867
fax: (612) 874-8650
EIN: 41-1292817

Visit Web Site

Board Leadership

Heidi Lasley Barajas
Chair

CEO

Shannon Smith Jones
Executive Director

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