Human Services
(P320)
IRS Verified
DX Registered
990 on File
DEVELOPMENT SOLUTIONS INC
Financial strength (30%)
88/100
Reliability (20%)
55/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Hope 4 Kids is committed to providing loving Foster & Adoptive homes for abused, abandoned, and disadvantaged children. We accomplish this by working closely with the local churches and community to locate, equip, and certify quality families and individuals that are excited about caring for children. These families provide a secure, nurturing environment, while assisting in preparing the children for reunification or adoption. In addition we offer on-going training and counseling for children, biological families, foster parents, and adoptive parents in order to facilitate healthy physical, emotional, and spiritual growth.
Financial Overview — FY 2024
$538K
Total Revenue
$562K
Total Expenses
$276K
Net Assets
9
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
86.5%
Fundraising Efficiency
0.0%
Operating Reserve
5.88x
Liability-to-Asset
24.2%
Revenue Diversification
75.0%
Executive Compensation
$29K
Compared with Peers
FY 2024
Compared with 15,047 similar organizations
(United States, Human Services, $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
|
86.5% | 86.3% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.5% | 10.4% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 15.8% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.9 mo | 8.4 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
24.2% | 1.6% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
75.0% | 96.4% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-6.3% | 7.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-41.1% | 8.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-4.4% | 2.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $538K | $562K | $276K | 86.5% | 9 |
| 2023 | $574K | $954K | $299K | 94.7% | 9 |
| 2022 | $815K | $2.2M | $679K | 95.0% | 10 |
| 2021 | $997K | $1.2M | N/A | — | 8 |
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