Philanthropy & Grantmaking
(T31)
990 on File
NEW HOPE CELEBRATES INC
Financial strength (30%)
98/100
Reliability (20%)
50/100
Effectiveness (25%)
75/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$235K
Total Revenue
$165K
Total Expenses
$309K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
80.5%
Fundraising Efficiency
N/A
Operating Reserve
22.54x
Liability-to-Asset
0.7%
Revenue Diversification
58.0%
Executive Compensation
$0
Compared with Peers
FY 2024
Compared with 16,669 similar organizations
(United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
80.5% | 90.2% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
9.5% | 7.9% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
10.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
22.5 mo | 95.2 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.7% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
58.0% | 90.5% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
2.3% | 18.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-15.4% | 6.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
29.9% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $235K | $165K | $309K | 80.5% | 0 |
| 2023 | $230K | $195K | $239K | 86.3% | 0 |
| 2022 | $177K | $112K | $204K | 59.3% | — |
| 2021 | $153K | $52K | N/A | — | 1 |
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