Family Support Network-hope
Only null% goes to programs Growing revenue
Family Support Network-hope is a 501(c)(3) organization based in Hickory, North Carolina, registered in 2016, with $193,883 in FY2024 revenue. CharityIndex grades it B.
Po Box 11395, Hickory, NC, 28603 EIN 56-1920338 Since 2016
Revenue (FY2024)
$194K
▲ 14.5% vs prior year
Human Services median: $293K
Expenses (FY2024)
$182K
Net assets
$29K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Family Support Network-hope— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
BFinancial health25% of the rating2 mo reserves · +6% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Family Support Network-hope: 2 mo reserves · +6% margin earns a B on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Family Support Network-hope— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Family Support Network-hope: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 11395, Hickory, NC, 28603
- City
- Hickory
- State
- North Carolina
- Category
- Human Services
- Subcategory
- Services for Specific Populations
- Website
- …
Financial trends
Revenue grew from $76K (FY2016) to $194K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $7,004Net assets $29K
Operating margin
6.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$36K
Total liabilities
$7,004
Net assets
$29K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $193,883▲14.5% | $181,868▲7.7% | $28,577▲72.5% | $35,581▲33.3% | 990 |
| 2023 | $169,280▲10.7% | $168,905▲16.4% | $16,562▲2.3% | $26,686▲11.5% | 990 |
| 2022 | $152,911▲17.7% | $145,123▲6.3% | $16,187▲92.7% | $23,942▲56.1% | 990 |
| 2021 | $129,956▼5.3% | $136,510▲6.2% | $8,399▼43.8% | $15,336▼23.6% | 990 |
| 2020 | $137,170▼2.3% | $128,600▼11.4% | $14,953▲134% | $20,066▲27.2% | 990 |
| 2019 | $140,353▲42.3% | $145,194▲41.8% | $6,383▲93.8% | $15,778▲16.3% | 990 |
| 2018 | $98,649▲10.6% | $102,368▲11.0% | $3,293▼53.0% | $13,564▲35.9% | 990 |
| 2017 | $89,157▲17.6% | $92,258▲17.9% | $7,012▼30.7% | $9,979▼45.3% | 990 |
| 2016 | $75,837 | $78,243 | $10,114 | $18,242 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Family Support Network-hope a legitimate nonprofit?
- Yes. Family Support Network-hope is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-1920338, based in Hickory, North Carolina. Donations are tax-deductible.
- What is Family Support Network-hope's EIN?
- Family Support Network-hope's Employer Identification Number (EIN) is 56-1920338.
- How much revenue does Family Support Network-hope report?
- Family Support Network-hope reported $193,883 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Family Support Network-hope have?
- CharityIndex grades Family Support Network-hope B, based on financial health (reserves and operating margin).
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Data for Family Support Network-hope (EIN 56-1920338) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.