LADIES OF HOPE MINISTRIES INC
Mission Statement
LOHM's mission is to create alternatives to incarceration, decarceration and post-incarceration opportunities by providing access to resources for education, entrepreneurship, and sustainability through advocacy. Our vision is to End the Poverty and the InCarceration of Women and Girls (EPIC).Our vision is EPIC: End Poverty and InCarceration of women and girls. We address the crisis of poverty and incarceration of women and girls through our two interrelated core mission program areas: sustainability and direct services through Hope House (HH) and Angel Food Delivery Project (AFP); and Pathways for Equity Policy (P4E); and Policy and Engagement Advocacy through Faces of Women Imprisoned (FOWI) EPIC Ambassadors, Parole, and Probation Accountability Project (PPAP). Each is designed to elevate women's voices and ensure that they're involved in program development and implementation. See Program summary in attachment. The LOHM creates safe housing, reentry support, employment and entrepreneurship opportunities, and advocacy programs for low-income women and girls impacted by incarceration. The LOHM is founded, led and operated by, and serves primarily women of color impacted by the criminal justice system. It is designed to inspire our sisters to see that they can be actors in their own lives and agents of change in their communities.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
68.0% | 85.2% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
25.6% | 11.8% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.4% | 0.1% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
0.6 mo | 9.7 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
86.1% | 21.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.6% | 90.7% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-12.8% | 8.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
21.7% | 10.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-27.8% | 1.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $2.3M | $3.0M | $138K | 68.0% | 18 |
| 2023 | $2.7M | $2.5M | $789K | 56.8% | 19 |
| 2022 | $4.9M | $3.7M | $563K | 65.7% | 25 |
| 2021 | $1.7M | $2.8M | $-666,028 | 73.3% | 27 |
| 2019 | $812K | $1.0M | N/A | — | 10 |
Donor Reviews
Write a ReviewBe the first to share your experience with this organization.