House Of Hope Of Ocean County Inc
- Assets
- $155.4k
- Revenue
- $259.5k
- Investments
- $0.0
- Employees
- 6
- Location
- Toms River, NJ
- Founding
- 02/2005
- Data as of
- 12/2021
- EIN
- 20-2206374
Organization Overview
House Of Hope Of Ocean County Inc, operating under the name The Hope Center, is located in Toms River, NJ. The organization was established in 2005. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2021, Hope Center employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Center 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, Hope Center generated $259.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.8% each year . All expenses for the organization totaled $248.9k during the year ending 12/2021. While expenses have increased by 18.8% 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
WITHIN A PLACE OF HOPE AND FAITH, OUR MISSION IS TO SERVE INDIVIDUALS AND FAMILIES IN CRISIS WITH DIGNITY AND COMPASSION, PROVIDING FOR THEIR BASIS HUMAN NEEDS AND STRIVING TO EMPOWER EACH PERSON TO ACHIEVE HIS OR HER GREATEST LEVEL OF SELF-SUFFICIENCY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES CHARITABLE ASSISTANCE TO THE HOMELESS, HUNGRY, FRAIL, ELDERLY, DISABLED AND THOSE IN NEED OF COUNSELING AND OTHER VULNERABLE IN OCEAN COUNTY, NJ. SEVERAL HUNDRED FAMILIES BENEFITED FROM THE FOLLOWING SERVICES: A CLIENT-CHOICE FOOD PANTRY AND COMMUNITY GARDEN, EMERGENCY SHELTER ASSISTANCE, UTILITY ASSISTANCE, RENTAL ASSISTANCE, TRANSPORTATION, ADVOCACY AND COORDINATING SERVICE WITH PARTNER AGENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane O'donnell President, T | OfficerTrustee | 5 | $0 |
Phaedra Rossi Vp, Trustee | OfficerTrustee | 2 | $0 |
Jamie Schron-Roth Secretary, T | OfficerTrustee | 2 | $0 |
David C Shipman Treasurer, T | OfficerTrustee | 5 | $0 |
Liam O' Flynn President, T | OfficerTrustee | 3 | $0 |
Peter J Van Dyke Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $175,373 |
| All other contributions, gifts, grants, and similar amounts not included above | $76,333 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $251,706 |
| Total Program Service Revenue | $0 |
| Investment income | $1,569 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,194 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $259,469 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $76,339 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,673 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,660 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $671 |
| Fees for services: Other | $1,968 |
| Advertising and promotion | $9,466 |
| Office expenses | $1,011 |
| Information technology | $9,765 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $8,848 |
| Insurance | $2,297 |
| All other expenses | $2,715 |
| Total functional expenses | $248,928 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3 |
| Savings and temporary cash investments | $52,841 |
| Pledges and grants receivable | $22,505 |
| 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 | $8,303 |
| Net Land, buildings, and equipment | $15,254 |
| Investments—publicly traded securities | $56,543 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $155,449 |
| Accounts payable and accrued expenses | $4,020 |
| 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 | $0 |
| Total liabilities | $4,020 |
| Net assets without donor restrictions | $123,941 |
| Net assets with donor restrictions | $27,488 |
| 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 | $155,449 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that House Of Hope Of Ocean County Inc has recieved totaling $25,611.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GENERAL SUPPORT | $25,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $111 |
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