Greater Hope Community Development Organization Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 11% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
Empowering communities through affordable housing and comprehensive outreach initiatives. Our mission encompasses fostering nonprofit and small business development facilitating 501c3 status hosting small business expos and offering support in grant applications and beyond. Committed to creating lasting positive impact and building a foundation for sustainable growth within our communities.
- Income
- $345,412
- Spending
- $168,393
- Spent on programs
- 11%
- Reserves
- 0 months of spending
- Largest source of income
- donations and private grants, 52%
- Employees
- 0
- Volunteers
- 0
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 54 out of 100. Higher than 52% of charities in its peer group (housing, $250k to $1m).
Reserves
4 of 35Spendable reserves would cover 0.0 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 51% of income.
Income trend
15 of 15Income rose 1% on the year before.
Spending floor
0 of 1511% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 44 out of 100. Higher than 6% of charities in its peer group (housing, $250k to $1m).
Independent board
5 of 250 of 3 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, 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 (7)
- $18,200 spent. A small business workshop is an interactive and educational session designed to empower entrepreneurs and business owners with valuable skills and knowledge. These workshops cover various aspects of business development such as marketing strategies financial planning legal considerations and effective management practices. Facilitated by industry experts or experienced professionals these sessions provide practical insights tools and resources to help participants enhance their business acumen. Small business workshops serve as a platform for learning networking and fostering a supportive community for individuals looking to start or grow their enterprises. Small Business Workshops Hosted 15 workshops 100 Attendees covering key topics such as business plans strategic plans program development funding business certification grant writing and financial planning.
- Conducted 96 personalized in-person coaching sessions with small business owners.
- Successfully assisted 37 small businesses in securing their 501c3 Letter of Determination enabling them to access grants and other funding avenues. Supported 42 small businesses in creating new legal entities by assisting with: Preparation of Bylaws and Articles of Incorporation Business Registration with the Georgia Department of State.
- Virtual Small Business Summit GHCDO organized a Virtual Small Business Summit with over 86 attendees. This event provided essential insights for rural entrepreneurs focusing on practical and actionable topics,
- Job Readiness Training Conducted job readiness training for 52 individuals equipping them with essential skills to secure employment.
- Small Business Expansion Assistance Helped 16 small businesses expand their operations with tailored advice on scaling and marketing strategies to meet increased demand.
- Hosted 30 workshops engaging a total of 150 attendees from various industries including retail agriculture technology and service-based businesses. Launched a 12-week Cybersecurity Bootcamp which provided 20 participants with hands-on training in defensive and offensive cybersecurity techniques. Due to high demand established a waiting list of 18 participants for future sessions. Assisted 10 BIPOC entrepreneurs in establishing their businesses registering as minority-owned enterprises and preparing competitive grant proposals.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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 October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2016 for not filing returns for three years, and reinstated on August 15, 2016.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2016.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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 21, 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.