HOPE OUTREACH CENTER INC
Mission Statement
HOPE (Helping Other People Everyday) Outreach Center, Inc. was founded by a group of community citizens from St. David's Church in 1995. In the beginning, the Emergency Assistance and Senior Programs served those in need in the Town of Davie (Broward County, FL). The Children's Enrichment Program was launched to help children in the original Silver Oaks mobile home community near Davie Road. A food pantry was created and stocked to feed the hungry. Mentoring services and emergency assistance were also provided by a growing dedicated volunteer staff. HOPE Outreach Center soon expanded all services to the families in need in the Town of Davie and formed an independent 501c3 organization including a board of directors comprised of members in the community. An Executive Director and a Case Manager were hired. Today, HOPE Outreach's dedicated small staff and volunteer force of more than 200 individuals, touch the lives of thousands of women, children, and families annually through comprehensive programs serving those living in South Broward County 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
|
68.4% | 90.2% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
24.7% | 7.9% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.8% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
11.4 mo | 95.2 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.3% | 0.0% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
95.9% | 90.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
9.0% | 18.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-13.0% | 6.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-43.0% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $276K | $395K | $374K | 68.4% | 6 |
| 2023 | $254K | $454K | $477K | 71.5% | 5 |
| 2022 | $355K | $415K | $661K | 65.9% | 5 |
| 2021 | $556K | $378K | N/A | — | 5 |
Donor Reviews
Write a ReviewBe the first to share your experience with this organization.