Hope Network
Grand Rapids, Michigan
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Critical
How This Organization Compares
Compared to 15 peers in Human Services with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $11,979,482↑4% | $19,101,663↑12% | -$25,695,258↓224% | — |
| 2022 | $11,496,495↓4% | $17,093,615↓12% | -$7,926,565↓164% | — |
| 2021 | $11,996,326↓4% | $19,315,335↓34% | $12,436,110↑44% | — |
| 2020 | $12,480,502↓5% | $29,445,661↑42% | $8,620,701↓70% | — |
| 2019 | $13,150,555↑2% | $20,684,752↓6% | $29,000,187↑117% | — |
| 2018 | $12,908,770↓18% | $22,053,189↑9% | $13,352,536↓24% | — |
| 2017 | $15,785,996↑21% | $20,175,755↑6% | $17,654,881↑25% | — |
| 2016 | $13,051,287↓10% | $19,059,849↑10% | $14,158,584↓19% | — |
| 2015 | $14,569,528↓10% | $17,310,674↑11% | $17,559,658↑8% | — |
| 2014 | $16,225,868↓1% | $15,661,912↓9% | $16,209,748↓1% | — |
| 2013 | $16,324,347↑17% | $17,281,632↑1% | $16,445,809↓5% | — |
| 2012 | $13,959,365↑3% | $17,041,545↑32% | $17,312,872↓13% | — |
| 2011 | $13,561,463 | $12,886,532 | $19,890,085 | — |
Frequently Asked Questions
What does Hope Network do?▼
Hope Network is a human services nonprofit organization based in Michigan. It is classified under NTEE code P82 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Hope Network financially healthy?▼
Based on our 9-metric Financial Health Score model, Hope Network has a score of 22/100 (Grade: F). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Hope Network generate?▼
Hope Network reports $16.6M in annual revenue and holds $31.2M in total assets, based on IRS filings.
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