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Top Rated

Hope For The Warriors

CharityWatch report issued
August 2024

Top-Rated Charity
A
CharityWatch Grade
Our independent grade based
on a number of factors.
 
89%
Program Percentage
Amount spent on programs
relative to overhead.
 
$5
Cost to Raise $100
Amount spent to raise
$100 of contributions.

Contact Information

Hope For The Warriors
8003 Forbes Place
Suite 201
Springfield, VA 22151

Other Names

None

Tax Status

501(c)3

Stated Mission

Provides comprehensive support programs for service members, veterans & military families that are focused on transition, health & wellness, peer engagement, and connections to community resources.

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Data based on Fiscal Year Ended 12/31/2023

Program Percentage: 89%

The percentage of Hope For The Warriors's cash budget it spends on programs relative to overhead (fundraising, management, and general expenses).

$9,200,000

Calculated Total Expenses

(rounded)

 

Cost to Raise $100: $5

How many dollars Hope For The Warriors spends on fundraising to raise each $100 of contributions.

$8,400,000

Calculated Total Contributions

(rounded)

Joint Costs

Hope For The Warriors' rating was adjusted for Joint Costs. If you are a donor who considers direct mail, telemarketing, and other Joint Cost solicitations to be true charitable programs, the below efficiency ratios, which were not adjusted for joint costs, may better reflect your goals.

Program % Cost to Raise $100
92% $2
Accounting rules allow charities to report some telemarketing, direct mail, and other solicitation costs as Program expenses. CharityWatch believes that most donors do not consider a charity's solicitation activities to be the Programs they are intending to support with their donations. We therefore adjust such expenses out of a charity's reported Program expense and add it to Fundraising expense prior to calculating its rating.

Government Funding

0% to 24%

Percentage of cash revenue
coming from government sources

 

Financial Documents

Entity Document Type Tax ID
Hope For The Warriors Audited Financial Statements 20-5182295
Hope For The Warriors IRS Form 990 20-5182295
Entity: Hope For The Warriors
Document Type: Audited Financial Statements
Tax ID: 20-5182295
Entity: Hope For The Warriors
Document Type: IRS Form 990
Tax ID: 20-5182295

Governance & Transparency

CharityWatch evaluates certain criteria related to a charity's Governance and Transparency. Donors may want to consider a charity's willingness to be open and transparent with CharityWatch to be a good litmus test for determining its commitment to public accountability.
This charity is Top-Rated
What does it mean to be Top-Rated?
 
Hope For The Warriors
meets governance benchmarks.
 
Hope For The Warriors
meets transparency benchmarks.
Transparency
Provides Financial Information
Audit Accessibility
Governance: Policies
Reports regularly & consistently monitoring & enforcing compliance with a written Conflict of Interest Policy
Reports required, annual disclosure by officers, directors, and key staff of interests that could give rise to conflicts
Reports having a written Whistleblower Policy
Reports having a written Document Retention and Destruction Policy
Governance: Financials
Reports providing copy of tax form to all board members prior to filing it with IRS
Reports that financial statements were audited by an independent accountant
Governance: Board of Directors
Reports at least 5 voting board members
51% or more of voting board members reported as independent
Reports documenting minutes of board and board committee meetings
Privacy Policy
Privacy Policy No Sharing  

  Name Title Compensation
1 Robin Kelleher President/CEO $217,427
2 Emma Walsh Chief Impact Officer $152,718
3 Jason Madden Past Head of Philanthropy $122,222
1
Name: Robin Kelleher
Title: President/CEO
Compensation: $217,427
2
Name: Emma Walsh
Title: Chief Impact Officer
Compensation: $152,718
3
Name: Jason Madden
Title: Past Head of Philanthropy
Compensation: $122,222

CharityWatch Analysts perform an in-depth analysis of charities' audited financial statements and IRS tax filings, and often review other documents such as state filings, annual reports, and fundraising contracts during their evaluations. Below are select notes that CharityWatch believes may be of interest to donors.

According to the Hope For The Warriors (HOPE) audit of December 31, 2023 (Note 9, In-Kind Paycheck Protection Program Loan):

"As part of the [PPP] program, HOPE received two loans in fiscal years 2020 and 2021. The first loan in the amount of $919,900 was forgiven on May 14, 2021, and the related amount was recognized as grant and contributions revenue in the statement of activities for the year ended December 31, 2021. The second loan in the amount of $936,300 was forgiven on January 14, 2022 and the related amount was recognized as grants and contributions revenue in the...statement of activities for the year ended December 31, 2022.


According to the Hope For The Warriors (HOPE) audit of December 31, 2023 (Note 13, In-Kind Contributions), HOPE reports receiving in-kind contributions of "certain services and materials" in 2023 on which it placed a value of $205,085.

[Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.]