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Passes our checks

Hope & a Future III Inc

EIN 27-1019237 · Madison, WI

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair55 out of 100GovernanceGood81 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

CREATING AN INCLUSIVE AND VIBRANT NEIGHBORHOOD WHERE CHILDREN, FAMILIES AND OLDER ADULTS HELP EACH OTHER FLOURISH.

Income
$726,128
Spending
$457,592
Spent on programs
84%
Reserves
-9.6 months of spending
Largest source of income
fees for its services, 67%
Employees
17
Volunteers
167
Highest pay
$62,385, executive director

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 55 out of 100. Higher than 55% of charities in its peer group (housing, $250k to $1m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    10 of 20

    It owes 44% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 37% of income.

  • Income trend

    15 of 15

    Income rose 33% on the year before.

  • Spending floor

    15 of 15

    84% of spending went to programs and raising each dollar of donations cost 8 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 81 out of 100. Higher than 51% of charities in its peer group (housing, $250k to $1m).

  • Independent board

    25 of 25

    3 of 5 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $384,651 spent. HOPE & A FUTURE CURRENTLY OPERATES A LICENSED ADULT FAMILY HOME THAT PROVIDES CARE TO OLDER ADULTS WITH A WIDE VARIETY OF DIAGNOSES AND NEEDS. OUR ADULT FAMILY HOME IS HOME TO SENIOR RESIDENTS, STAFF, AND SOMETIMES THE STAFF'S CHILDREN. OUR PIONEERING MODEL INCLUDES A LIVE-IN REGISTERED NURSE AND OCCUPATIONAL THERAPIST AS WELL AS HANDS ON CARE GIVERS WHO MAY HAVE THE OPTION TO RECEIVE ROOM AND BOARD IN EXCHANGE FOR HELPING WITH EVENING AND WEEKEND HOURS. THIS MODEL HELPS TO OVERCOME THE CAREGIVER WORKFORCE CRISIS AND GIVES SENIORS A STABLE STAFF WHILE PROVIDING LOWER-INCOME WAGE EARNERS A STABLE HOME IN THE CONTEXT OF A FAMILY OF FRIENDS CAREGIVING MODEL. ALL RESIDENTS ENJOY GOAL-DIRECTED LIVING AND THE SUPPORT OF EACH OTHER. THE HEALTH AND VIGOR OF OLDER ADULTS IMPROVES AFTER ADMISSION--EVEN IN THE FACE OF ADVANCING DISEASE AND DEMENTIA. RESIDENTS FLOURISH TOGETHER. AND WHEN THE END OF LIFE IS NEAR, WE WORK WITH HOSPICE ALLOWING RESIDENTS TO REMAIN IN PLACE, WITH THEIR FAMILY OF FRIENDS.IN 2025 HOPE & A FUTURE ENJOYED HUNDREDS OF VOLUNTEERS AND GUESTS. EVERY SUMMER WE HAVE WORK GROUPS AND OUTDOOR EVENTS WITH MUSIC. WE HOST MONTHLY POTLUCKS AND HOUSE CONCERTS. IT IS A JOY TO HOST EVENTS AND OFFER COMMUNITY VOLUNTEER OPPORTUNITIES. THIS YEAR 167 VOLUNTEERS CONTRIBUTED 2147.25 HOURS (VALUE AT $74,703). WE ARE VERY GRATEFUL!HOPE & A FUTURE IS MOVING FORWARD WITH EXPANSION PLANS. WE ARE EXCITED TO SEE THE COMPLETION OF OUR PIONEERING THERAPUTIC INTERACTIVE INTERGERATIONAL NEIGHBORHOOD (TIIN) MODEL. WE ARE ENGAGED IN PLANNING FOR THE EXPANSION OF HOUSING AND SERVICES. WE HAVE CONTRACTS WITH ARCHITECTS, ENGINEERS, INTERIOR DESIGNERS, AND LAWYERS. WE HAVE REQUIRED ZONING AND CONDITIONAL USE PERMITS AND WE HAVE APPLIED FOR A BUILDING PERMIT. WE HAVE A LETTER OF INTENT TO COLLABORATE WITH A BILINGUAL MULTICULTURAL SCHOOL TO OPERATE DAYCARE, PRE-K AND AFTER SCHOOL PROGRAMS. WE ARE GRATEFUL TO CONTINUE TO BENEFIT FROM MANY EXPERT ADVISORS, OUR SKILLED VOLUNTEER BOARD OF DIRECTORS AND CAPITAL CAMPAIGN COMMITTEE. OUR TIMELINE FOR BUILDING EXPANSION IS DEPENDANT ON REACHING OUR FUNDRAISING GOAL. WE HAVE MADE PROGRESS WITH FUNDRAISING ALTHOUGH THIS EFFORT CONTINUES. WE ARE CURRENTLY LOOKING AT POTENTIAL COLLABORATIONS FOR BUILDING AND FINANCING. MUCH OF OUR SUPPORT IS GRASS ROOTS AND FROM FAMILY AND FRIENDS OF THOSE WHO HAVE USED OUR SERVICES SINCE 2002, THEIR CONFIDENCE IN OUR WORK SPURS US ON!

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since February 2010.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.