Hope And A Home-Inc is located in Washington, DC. The organization was established in 2005. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. As of 09/2021, Hope And A Home-Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope And A Home-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 09/2021, Hope And A Home-Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $1.6m during the year ending 09/2021. While expenses have increased by 12.7% per year over the past 6 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
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING PROGRAM:PHASE I TRANSITIONAL HOUSING: HOPE AND A HOME OWNS 19 TRANSITIONAL HOUSING UNITS. WE WORK WITH THE COMMUNITY PARTNERSHIP FOR THE PREVENTION OF HOMELESSNESS TO FILL OUR UNIT VACANCIES WITH FAMILIES FROM LOCAL SHELTERS. IN FY 2021, WE PROVIDED 19 HOMELESS FAMILIES WITH HIGHLY SUBSIDIZED TRANSITIONAL HOUSING UNITS, WHICH THEY MAY INHABIT FOR UP TO THREE YEARS. DURING THEIR RESIDENCY, FAMILIES SECURE EMPLOYMENT, ENROLL THEIR CHILDREN IN DAY CARE AND GOOD-PERFORMING SCHOOLS, GAIN HOUSING AND FINANCIAL LITERACY SKILLS -- WHILE ADDRESSING THEIR PERSONAL BARRIERS TO SUCCESS AND INDEPENDENCE. BY GRADUATION, PARENTS ARE PREPARED TO SECURE AFFORDABLE HOUSING -- WHICH SOMETIMES MEANS BECOMING OWNERS OF COOPERATIVES OR OTHER HOUSING. PHASE 2 INDEPENDENT HOUSING: AFTER THREE YEARS IN TRANSITIONAL, HOUSING FAMILIES IN PHASE 2 LIVE INDEPENDENTLY, YET CONTINUE TO RECEIVE PERSONALIZED CASE MANAGEMENT ON A MONTHLY BASIS TO MAINTAIN THEIR HOMES AND ACHIEVE THEIR GOALS -- WHICH CAN RANGE FROM CONTINUING EDUCATION AND CAREER PROSPECTS TO PURCHASING A HOME. PHASE 2 FAMILIES THAT MOVE INTO MARKET-RATE HOUSING RECEIVE UP TO $300/MONTH FOR RENTAL ASSISTANCE IN THEIR FIRST YEAR OUT AND $200/MONTH IN THEIR SECOND YEAR.
EDUCATION AND JOB READINESS PROGRAMS:EDUCATION:FAMILIES IN BOTH PHASE ONE AND PHASE TWO PARTICIPATE IN THE GRACE DICKERSON HIGHER EDUCATION FOR ALL (GDHEFA). GDHEFA KEEPS THE 94 LOW-INCOME CHILDREN WE CURRENTLY SERVE ON A CLEAR ACADEMIC TRACK FROM PRESCHOOL TO COLLEGE AND BEYOND, WHILE ENROLLING PARENTS IN CAREER-BOOSTING EDUCATIONAL AND VOCATIONAL COURSES. STAFF ADVOCATES FOR EACH CHILD TO BE ENROLLED IN GOOD-PERFORMING SCHOOLS, WORK WITH PARENTS TO ESTABLISH AND ACHIEVE EDUCATIONAL GOALS FOR THEIR CHILDREN, ENSURE CHILDREN WITH SPECIAL NEEDS ARE PROPERLY DIAGNOSED AND RECEIVE INDIVIDUAL EDUCATION PROGRAMS (IEP'S) AS NEEDED, AND ARRANGE TUTORING SERVICES. WE ALSO SUPPORT PARTICIPANTS THROUGH PRE-K TO 12TH GRADE, COLLEGE, AND GRADUATE SCHOOL TO ENSURE THEY ACHIEVE POST-SECONDARY GOALS.JOB READINESS: EARNING A LIVING WAGE IS FUNDAMENTAL TO MOVING FAMILIES TO SELF SUFFICIENCY. OUR JOB READINESS PROGRAM WORKS WITH PARENTS AND TEENS TO IMPROVE THEIR JOB READINESS AND INCREASE THEIR EARNING POTENTIAL. IT PROVIDES A SERIES OF INDIVIDUAL COUNSELING SESSIONS AND WORKSHOPS THAT PROMOTE SELF DISCOVERY AND SKILL DEVELOPMENT. SESSION TOPICS COVER GOALS SETTING, RESUME PREPARATION, INTERVIEWING TECHNIQUES AND BUILDING PROFESSIONAL NETWORKS.
FOOD PROGRAM:WE PROVIDED GROCERIES TWICE MONTHLY TO 64 FAMILIES DURING FY2020. DELIVERIES WERE COMPRISED OF FRESH HEALTHY FOOD INCLUDING FRUIT, VEGETABLES, MEAT, FISH, BREAD, CEREAL, MILK. THE FOOD WAS PURCHASED DIRECTLY FROM WHOLESALE FOOD SUPPLIERS WHO DELIVERED THE FOOD DIRECTLY TO HOPE AND A HOME - AFTER WHICH WE BAGGED IT FOR PICK-UP OR DELIVERY TO OUR FAMILIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lynn C French Executive Director | OfficerTrustee | 40 | $79,968 |
Julia Howell Barros Chair | OfficerTrustee | 5 | $0 |
Kimberly Levine Treasurer | OfficerTrustee | 5 | $0 |
Oral Pottinger Vice Chair | OfficerTrustee | 2 | $0 |
Shanti Abedin Secretary | OfficerTrustee | 3 | $0 |
Sonya Ali Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $123,173 |
All other contributions, gifts, grants, and similar amounts not included above | $521,354 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $644,527 |
Total Program Service Revenue | $797,826 |
Investment income | $753 |
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 | $1,443,106 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $47,687 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $88,925 |
Compensation of current officers, directors, key employees. | $38,868 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $448,474 |
Pension plan accruals and contributions | $3,100 |
Other employee benefits | $45,642 |
Payroll taxes | $57,437 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $24,856 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $71,265 |
Advertising and promotion | $0 |
Office expenses | $50,285 |
Information technology | $14,063 |
Royalties | $0 |
Occupancy | $269,702 |
Travel | $4,252 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $35,792 |
Interest | $2,369 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $154,602 |
Insurance | $27,799 |
All other expenses | $0 |
Total functional expenses | $1,597,673 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $19,204 |
Savings and temporary cash investments | $448,936 |
Pledges and grants receivable | $70,000 |
Accounts receivable, net | $9,300 |
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 | $8,950 |
Net Land, buildings, and equipment | $1,987,024 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,543,414 |
Accounts payable and accrued expenses | $63,641 |
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 | $2,510,502 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $202,655 |
Total liabilities | $2,776,798 |
Net assets without donor restrictions | -$233,384 |
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 | $2,543,414 |
Over the last fiscal year, we have identified 1 grants that Hope And A Home-Inc has recieved totaling $20,000.
Awarding Organization | Amount |
---|---|
The Joseph E & Marjorie B Jones Foundation Annapolis, MD PURPOSE: TRANSITIONAL HOUSING FOR DC FAMILIES | $20,000 |
Organization Name | Assets | Revenue |
---|---|---|
Dogwood Housing Inc North Bethesda, MD | $86,669,090 | $22,202,788 |
Abraham And Laura Lisner Home For Aged Women Washington, DC | $22,620,580 | $13,905,589 |
National Low Income Housing Coalition And Low Income Housing Washington, DC | $13,467,381 | $12,702,610 |
National Foundation For Affordable Housing Solutions Inc North Bethesda, MD | $263,616,606 | $53,198,670 |
Magnolia Housing Inc North Bethesda, MD | $6,233,975 | $1,178,678 |
Prologue Inc Baltimore, MD | $8,569,201 | $6,794,698 |
Jubilee Housing Inc Washington, DC | $81,340,567 | $5,811,871 |
Mason Housing Inc Fairfax, VA | $24,839,248 | $3,905,662 |
The House Inc Woodbridge, VA | $1,787,552 | $4,341,712 |
Skyline Cap Inc Madison, VA | $2,055,888 | $2,989,261 |
National Breast Cancer Coalition Fund Washington, DC | $4,829,949 | $4,285,005 |
Williams Home Incorporated Lynchburg, VA | $28,337,965 | -$2,240,201 |