Hope & A Future III Inc
Only null% goes to programs Strong reserves Growing revenue
Hope & A Future III Inc is a 501(c)(3) organization based in Madison, Wisconsin, registered in 2010, with $547,215 in FY2024 revenue. CharityIndex grades it B.
1115 S High Point Rd, Madison, WI, 53719 EIN 27-1019237 Since 2010
Revenue (FY2024)
$547K
▲ 4.7% vs prior year
Housing median: $408K
Expenses (FY2024)
$394K
Net assets
$878K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Hope & A Future III Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating27 mo reserves · +28% 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 Hope & A Future III Inc: 27 mo reserves · +28% margin earns a A 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 Hope & A Future III Inc— 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 Hope & A Future III Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 1115 S High Point Rd, Madison, WI, 53719
- City
- Madison
- State
- Wisconsin
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
- Website
- …
Financial trends
Revenue grew from $230K (FY2013) to $547K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $687KNet assets $878K
Operating margin
28.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.6M
Total liabilities
$687K
Net assets
$878K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $547,215▲4.7% | $393,562▲2.3% | $877,814▲21.2% | $1,564,660▲10.5% | 990 |
| 2023 | $522,758▲11.1% | $384,694▲26.2% | $724,161▲23.6% | $1,415,649▲8.9% | 990 |
| 2022 | $470,547▲35.2% | $304,749▲4.6% | $586,097▲39.4% | $1,299,763▲11.4% | 990 |
| 2021 | $348,069▲19.2% | $291,419▲10.7% | $420,299▲15.6% | $1,166,639▲4.2% | 990 |
| 2020 | $291,941▲14.5% | $263,208▲18.5% | $363,649▲8.6% | $1,119,192▲2.2% | 990 |
| 2019 | $255,059▼4.3% | $222,165▼2.9% | $334,916▲10.9% | $1,095,190▼0.4% | 990 |
| 2018 | $266,595▼34.6% | $228,696▼1.5% | $302,022▲14.3% | $1,099,268▲0.4% | 990 |
| 2017 | $407,608▲83.7% | $232,289▲9.6% | $264,123▲197% | $1,094,445▲37.8% | 990 |
| 2016 | $221,942▼22.4% | $211,908▼9.4% | $88,804▼28.7% | $794,037▼7.8% | 990 |
| 2015 | $285,830▲11.3% | $233,804▼2.8% | $124,582▲71.7% | $860,776▲2.7% | 990 |
| 2014 | $256,771▲11.5% | $240,524▲30.1% | $72,556▲28.9% | $838,429▼0.7% | 990 |
| 2013 | $230,380 | $184,841 | $56,309 | $844,581 | 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.
Grants received · $251K total
12 grants to Hope & A Future III Inc totaling $251K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Human services | 2022 | $30,000 |
| Donor Advised Charitable Giving | Human services | 2021 | $33,000 |
| Donor Advised Charitable Giving | Human services | 2020 | $30,050 |
| Donor Advised Charitable Giving | Human services | 2020 | $30,050 |
| Donor Advised Charitable Giving | Human services | 2019 | $10,050 |
| National Christian Charitable Foundation | Poverty | 2019 | $6,130 |
| National Christian Charitable Foundation | Poverty | 2018 | $12,232 |
| Donor Advised Charitable Giving | Social services/social benefits | 2017 | $60,080 |
| National Christian Charitable Foundation | Poverty | 2017 | $3,564 |
| National Christian Charitable Foundation | Human services | 2016 | $1,189 |
| National Christian Charitable Foundation | Human services | 2015 | $4,069 |
| National Christian Charitable Foundation | Human services | 2014 | $30,663 |
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Frequently asked questions
- Is Hope & A Future III Inc a legitimate nonprofit?
- Yes. Hope & A Future III Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 27-1019237, based in Madison, Wisconsin. Donations are tax-deductible.
- What is Hope & A Future III Inc's EIN?
- Hope & A Future III Inc's Employer Identification Number (EIN) is 27-1019237.
- How much revenue does Hope & A Future III Inc report?
- Hope & A Future III Inc reported $547,215 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Hope & A Future III Inc have?
- CharityIndex grades Hope & A Future III Inc B, based on financial health (reserves and operating margin).
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Data for Hope & A Future III Inc (EIN 27-1019237) 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.