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Indiana · Nonprofit

NEW HOPE DEVELOPMENT SERVICE INC

NEW HOPE DEVELOPMENT SERVICE INC (Indiana) receives grants from 1 organization whose IRS filings report $0 to it, the largest being SOUTHERN INDIANA COMMUNITY HOUSING CORPORATION ($0). 0 of them have funded it in more than one year.

Revenue FY2025
$6.6M
Funders on record
1
Grants received
$0
Net assets
$14M
0/1 repeat funderspeak grant-dependency 0%
01What it does

What New Hope Development Service Inc does

Mission

To foster, promote, develop and provide housing that is safe, decent and affordable to low-income and moderate-income individuals and families in the region.

As stated on its FY2025 Form 990.

Program

  1. To foster, promote, develop and provide housing that is safe, decent and affordable to low-income and moderate-income individuals and families in the region.

    $853,108 spent$875,308 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $853,108.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($3.8M) Expenses 100 ($968k) Net assets 100 ($3.7M)2021 Revenue 84 ($3.2M) Expenses 149 ($1.4M) Net assets 148 ($5.5M)2022 Revenue 28 ($1.1M) Expenses 131 ($1.3M) Net assets 143 ($5.3M)2023 Revenue 83 ($3.2M) Expenses 165 ($1.6M) Net assets 185 ($6.8M)2024 Revenue 84 ($3.2M) Expenses 142 ($1.4M) Net assets 235 ($8.7M)2025 Revenue 172 ($6.6M) Expenses 170 ($1.6M) Net assets 367 ($14M)
202020212022202320242025
Revenue (172)Expenses (170)Net assets (367)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $16M to $22M (+40%).

$7.0M
$10M
$13M
$14M
$16M
$22M
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 73% · 2021 69% · 2022 23% · 2023 86% · 2024 68% · 2025 87%. Grants only. Government contracts and fees sit inside program revenue.

87% of NEW HOPE DEVELOPMENT SERVICE INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.

$2.9M
’20
$1.8M
’21
−$199k
’22
$1.6M
’23
$1.8M
’24
$4.9M
’25
4.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Jody Reschar Heazlitt

CEO/president

Board chair

Chris Bottorff

Chair

As listed on its FY2025 Form 990.

202020212022202320242025
Listed9999109
Joined·+0+0+2+2+3
No longer listed·00214
03Who funds it
04Its place in the field

Against its field

NEW HOPE DEVELOPMENT SERVICE INC runs a healthier operating margin than three-quarters of the 2,196 housing & shelter nonprofits its size.

Operating margin75% · top quartile
Months of reserve4.3mo · above the median
Revenue growth (annualized)11% · above the median

this organization peer median middle 50% of peers· 2,196 housing & shelter nonprofits $1M–$10M, FY2025

Organizations like NEW HOPE DEVELOPMENT SERVICE INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

52% of spending goes to programs.

Program 52%Management 48%Fundraising 0%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

72%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 1 related entity

  • New Hope Services Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for NEW HOPE DEVELOPMENT SERVICE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NEW HOPE DEVELOPMENT SERVICE INC?
NEW HOPE DEVELOPMENT SERVICE INC (Indiana) receives grants from 1 organization whose IRS filings report $0 to it, the largest being SOUTHERN INDIANA COMMUNITY HOUSING CORPORATION ($0). 0 of them have funded it in more than one year.
How many funders does NEW HOPE DEVELOPMENT SERVICE INC have?
IRS filings report 1 organization giving $0 in grants to NEW HOPE DEVELOPMENT SERVICE INC.
Who is the largest funder of NEW HOPE DEVELOPMENT SERVICE INC?
SOUTHERN INDIANA COMMUNITY HOUSING CORPORATION is the largest funder on record, with $0 in grants. The full list of funders is on this page.
How can an organization like NEW HOPE DEVELOPMENT SERVICE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing