Hope In The Mountains Inc
- Assets
- $2.4m
- Revenue
- $939.8k
- Investments
- $0.0
- Employees
- 22
- Location
- Prestonsburg, KY
- Founding
- 10/2005
- Data as of
- 06/2022
- EIN
- 13-4292623
Organization Overview
Hope In The Mountains Inc is located in Prestonsburg, KY. The organization was established in 2005. As of 06/2022, Hope In The Mountains Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope In The Mountains Inc 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 06/2022, Hope In The Mountains Inc generated $939.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $819.5k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUBSTANCE ABUSE TREATMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVED OVER ONE HUNDRED WOMEN BY PROVIDING HOUSING AND/OR COUNSELING TO HELP THEM OVERCOME SUBSTANCE ABUSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Renee Mccoy Executive Direc | Trustee | 40 | $88,139 |
Inez Baldridge Treasurer | Officer | 2 | $0 |
Terry Kinzer President | Officer | 2 | $0 |
Elizabeth Kinzer Secretary | Officer | 2 | $0 |
Terri Lee Crum Director | Trustee | 2 | $0 |
Michael Spare Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $34,428 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,455 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,883 |
| Total Program Service Revenue | $893,618 |
| Investment income | $4,338 |
| 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 | $939,839 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $88,139 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $415,159 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $40,729 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,050 |
| Office expenses | $13,270 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $27,702 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,249 |
| Insurance | $41,720 |
| All other expenses | $21,160 |
| Total functional expenses | $819,542 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,647,078 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $719,508 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,366,586 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Other liabilities | $2,593 |
| Total liabilities | $2,593 |
| Net assets without donor restrictions | $0 |
| 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 | $2,363,993 |
| Total liabilities and net assets/fund balances | $2,366,586 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hope In The Mountains Inc has recieved totaling $32.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $32 |
Peer Organizations
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|---|---|---|
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Good Samaritan Boys Ranch Brighton, MO | $5,344,362 | $12,022,357 |
Revive Ministries Inc Nicholasville, KY | $1,607,856 | $3,478,905 |
Daymark Inc Charleston, WV | $2,426,330 | $2,970,783 |
H O U S E Inc Webb City, MO | $2,289,936 | $1,575,425 |
Mommy And Me Too Inc Cleveland, OH | $477,465 | $1,361,664 |
Angels Arms St Louis, MO | $4,386,704 | $1,831,464 |
Hope In The Mountains Inc Prestonsburg, KY | $2,366,586 | $939,839 |
Refuge For Women Emergency Housing Lexington, KY | $215,064 | $630,370 |
Carter House Youngstown, OH | $41,785 | $678,657 |
Neartown Inc Murray, KY | $656,820 | $526,012 |
St Vincent De Paul Housing Facilities Inc Newark, OH | $2,072,481 | $651,549 |