Homes With Hope
- Assets
- $533.1k
- Revenue
- $546.1k
- Investments
- $0.0
- Employees
- 6
- Location
- Houston, TX
- Founding
- 02/2003
- Data as of
- 12/2021
- EIN
- 03-0496934
Organization Overview
Homes With Hope is located in Houston, TX. The organization was established in 2003. According to its NTEE Classification (P32) the organization is classified as: Foster Care, under the broad grouping of Human Services and related organizations. As of 12/2021, Homes With Hope employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homes With Hope is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Homes With Hope generated $546.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $464.9k during the year ending 12/2021. While expenses have increased by 3.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF HOMES WITH HOPE IS TO CARE FOR ABUSED AND NEGLECTED CHILDREN BY PLACING AT RISK CHILDREN IDENTIFIED BY THE STATE INTO LICENSED AND TRAINED FOSTER FAMILIES. THE ORGANIZATION ALSO ASSISTS THOSE FAMILIES DESIRING ADOPTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOSTER/ADOPTION PROGRAM:ASSISTS FAMILIES TO PROVIDE PERMANENCY, NURTURANCE, EMOTIONAL SECURITY AND A LIFE-LONG SENSE OF CONNECTION FOR CHILDREN WHO COULD NOT BE RAISED IN THEIR BIRTH FAMILIES. INCREASES THE HEALTH, SAFETY AND STABILITY OF CHILDREN WHO ARE VICTIMS OF ABUSE, NEGLECT AND HOMELESSNESS. THIS IS ACCOMPLISHED BY PROVIDING ADOPTIVE PARENTAL PREPARATION AND SUPPORT THROUGH THE LEGAL AND CHILD WELFARE SYSTEMS. QUALIFIED CASEWORKERS ENSURE THAT INDIVIDUALIZED AGE-APPROPRIATE SERVICES ARE PROVIDED TO HELP CHILDREN HEAL FROM TRAUMA AND OVERCOME DEVELOPMENTAL GAPS. THIS YEAR 7 CHILDREN WHO HAVE BEEN WAITING FOR PERMANENCY WERE ADOPTED. THE PROGRAM ALSO PROVIDED SUPPORT SERVICES FOR 23 FAMILIES.
TRAINING PROGRAM:ASSISTS FAMILIES WHO WANT TO FOSTER AND/OR ADOPT CHILDREN WHO WERE ABUSED AND/OR NEGLECTED AND ARE CURRENTLY IN THE CUSTODY OF THE CHILD WELFARE SYSTEM. THIS IS ACCOMPLISHED BY PROVIDING INDIVIDUALIZED ORIENTATIONS AND AN INTENSIVE PRE-SERVICE TRAINING PROGRAM. FAMILIES CONTINUING WITH THE LICENSING PROCESS RECEIVED ADDITIONAL TRAINING PROVIDED BY QUALIFIED PROFESSIONALS.CONTINUING EDUCATION WAS PROVIDED QUARTERLY FOR LICENSED PARENTS.7 FAMILIES COMPLETED THE PRE-SERVICE TRAINING PROGRAM, AND 21 FAMILIES RECEIVED CONTINUING EDUCATION.
CONTINUING EDUCATION AND DEVELOPMENT PROGRAM:HOMES WITH HOPE IS COMMITTED TO RAISE AWARENESS AND EDUCATION ABOUT THE NEEDS OF CHILDREN WHO HAVE BEEN ABUSED, ABANDONED OR NEGLECTED. REACHING OUT TO MANY AREA CHURCHES AND LEADERS, WE ADVOCATE FOR CHILDREN IN FOSTER CARE AS WELL AS RECRUIT NEW FOSTER AND ADOPTIVE FAMILIES, HOLDING INFORMATION AND ORIENTATION MEETINGS. THROUGH THIS NETWORK OF RELATIONSHIPS WE ENCOURAGE THE DEVELOPMENT OF A COMMUNITY COMMITTED TO PROVIDE SUPPORT FOR OUR FAMILIES AND THE CHILDREN THEY CARE FOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Strange Executive Director | OfficerTrustee | 45 | $68,000 |
Nathan Kvinge Board Secretary | OfficerTrustee | 4 | $0 |
Larry Snyder Board Treasurer | OfficerTrustee | 4 | $0 |
Steve Smith Board Chair | OfficerTrustee | 4 | $0 |
Stephen Huey Board Vice-Chair | OfficerTrustee | 2 | $0 |
Esther Dunn Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $125,621 |
| Noncash contributions included in lines 1a–1f | $7,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,621 |
| Total Program Service Revenue | $420,201 |
| Investment income | $305 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $546,127 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $214,549 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $69,360 |
| Compensation of current officers, directors, key employees. | $20,808 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $115,593 |
| Pension plan accruals and contributions | $1,219 |
| Other employee benefits | $3,200 |
| Payroll taxes | $17,238 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,315 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,511 |
| Advertising and promotion | $1,127 |
| Office expenses | $6,617 |
| Information technology | $6,062 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,435 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,278 |
| Interest | $86 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,054 |
| Insurance | $9,678 |
| All other expenses | $544 |
| Total functional expenses | $464,934 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $216,439 |
| Savings and temporary cash investments | $261,613 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $43,181 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,803 |
| Net Land, buildings, and equipment | $3,107 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,000 |
| Total assets | $533,143 |
| Accounts payable and accrued expenses | $25,854 |
| Grants payable | $0 |
| Deferred revenue | $1,442 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $56,230 |
| Other liabilities | $0 |
| Total liabilities | $83,526 |
| Net assets without donor restrictions | $449,617 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $533,143 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Homes With Hope has recieved totaling $12,033.
| Awarding Organization | Amount |
|---|---|
Organization Name not Listed PURPOSE: HELP FOSTER CHILDREN FIND HOMES. | | $10,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $300 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $150 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $150 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $150 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $150 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Childrens Shelter San Antonio, TX | $14,294,068 | $81,608,457 |
A World For Children Round Rock, TX | $11,086,962 | $17,078,443 |
Circles Of Care Corpus Christi, TX | $2,293,308 | $4,110,444 |
Caring Hearts For Children Comanche, TX | $1,183,995 | $3,965,179 |
Red Mountain Family Services Inc Albuquerque, NM | $1,409,012 | $3,641,579 |
Circle Of Living Hope Inc Houston, TX | $450,217 | $3,300,826 |
Youth In View Inc Desoto, TX | $730,364 | $2,513,380 |
Lilyfield Inc Edmond, OK | $2,207,200 | $2,517,818 |
Agape Manor Homes Inc Garland, TX | $3,031,262 | $2,602,670 |
Jim H Green Kidz Harbor Inc Liverpool, TX | $1,597,715 | $2,171,086 |
Grace Manor Incorporated Lubbock, TX | $863,086 | $1,978,923 |
Texas Foster Care And Adoption Services San Antonio, TX | $787,189 | $2,113,674 |