Hope-net Ministries Inc is a 501(c)(3) organization based in Council Blfs, Iowa, registered in 2007, with $202,555 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$203K
▲ 6.3% vs prior year
Human Services median: $293K
Expenses (FY2024)
$210K
Net assets
$170K
Employees
—
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-net Ministries Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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-net Ministries Inc: 10 mo reserves · -4% margin earns a B+ on this criterion. See the exact thresholds →
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-net Ministries Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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-net Ministries Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $75K (FY2010) to $203K (FY2024) across 13 reported years.
Financial snapshot
Operating margin
-3.5%
Spent more than it raised in the latest fiscal year.
Total assets
$181K
Total liabilities
$11K
Net assets
$170K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $202,555▲6.3% | $209,726▲13.7% | $169,763▼4.1% | $180,896▼3.0% | 990 |
| 2023 | $190,506▼9.6% | $184,526▲15.1% | $176,934▲3.5% | $186,442▲9.1% | 990 |
| 2022 | $210,666▲18.9% | $160,359▲19.0% | $170,954▲41.7% | $170,954▲41.7% | 990 |
| 2021 | $177,230▲9.9% | $134,717▲16.5% | $120,647▲54.4% | $120,647▲54.4% | 990EZ |
| 2020 | $161,285▲42.9% | $115,683▼2.3% | $78,134▲140% | $78,134▲140% | 990EZ |
| 2019 | $112,876▼7.8% | $118,464▲13.4% | $32,532▼14.7% | $32,532▼14.7% | 990EZ |
| 2018 | $122,436▲23.7% | $104,478▲7.8% | $38,120▲89.1% | $38,120▲89.1% | 990EZ |
| 2017 | $99,015▲13.1% | $96,879▲13.9% | $20,162▲11.8% | $20,162▲11.8% | 990EZ |
| 2016 | $87,570▲0.3% | $85,044▲11.5% | $18,026▲16.3% | $18,026▲16.3% | 990EZ |
| 2015 | $87,351▲6.9% | $76,269▼8.3% | $15,500▲443% | $15,500▲15400% | 990EZ |
| 2013 | $81,735▲17.3% | $83,215▲12.9% | -$4,522▼48.7% | $100 | 990EZ |
| 2012 | $69,656▼7.5% | $73,698▼6.7% | -$3,042▼46.9% | $100▲400% | 990EZ |
| 2010 | $75,318 | $79,006 | -$2,071 | $20 | 990EZ |
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.
1 grant to Hope-net Ministries Inc totaling $10K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $10,100 |
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Data for Hope-net Ministries Inc (EIN 20-8098162) 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.