Women Of My Hope Inc
- Assets
- $443.1k
- Revenue
- $481.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Madisonville, LA
- Founding
- 06/2008
- Data as of
- 12/2021
- EIN
- 20-8389117
Organization Overview
Women Of My Hope Inc, operating under the name Mi Esperanza, is located in Madisonville, LA. The organization was established in 2008. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. MI Esperanza 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, MI Esperanza generated $481.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $214.5k during the year ending 12/2021. While expenses have increased by 0.9% 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
TO PROVIDE EDUCATIONAL AND FINANCIAL TOOLS TO ASSIST WOMEN LIVING IN EXTREME POVERTY IN THE VILLAGES SURROUNDING TEGUCIGALPA, HONDURAS IN CENTRAL AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING EDUCATIONAL SERVICES TO WOMEN, INCLUDING SEWING CLASSES, COMPUTER TRAINING, BEAUTY SCHOOL, PERSONAL SKILLS, TRAINING AND BUSINESS BASICS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Connell COO | OfficerTrustee | 30 | $43,300 |
Janet Hines CEO | OfficerTrustee | 20 | $28,867 |
Beth Fox Treasurer | OfficerTrustee | 5 | $0 |
Julie Lawson President | OfficerTrustee | 30 | $0 |
Lana Cagle Secretary | OfficerTrustee | 0.5 | $0 |
Kea Hampton Vice President | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $399,179 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $231,733 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $630,912 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$164,529 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $14,671 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $481,054 |
| 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 | $112,456 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,469 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,088 |
| Office expenses | $5,242 |
| Information technology | $7,728 |
| 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 | $2,202 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $9,550 |
| Total functional expenses | $214,492 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $173,629 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $240,259 |
| Accounts receivable, net | $1,121 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,342 |
| Prepaid expenses and deferred charges | $6,500 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,289 |
| Total assets | $443,140 |
| Accounts payable and accrued expenses | $6,927 |
| 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 | $6,927 |
| Net assets without donor restrictions | $418,739 |
| Net assets with donor restrictions | $17,474 |
| 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 | $443,140 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Women Of My Hope Inc has recieved totaling $35,667.
| Awarding Organization | Amount |
|---|---|
The Community Foundation Of Greater Birmingham Birmingham, AL PURPOSE: GENERAL SUPPORT | $27,200 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $8,146 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $321 |
Peer Organizations
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|---|---|---|
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Arvac Inc Dardanelle, AR | $9,742,148 | $20,926,071 |
Galveston County Food Bank Texas City, TX | $6,843,848 | $17,758,776 |
Caritas Of Waco Waco, TX | $6,458,652 | $16,290,870 |
Metrocrest Services Farmers Branch, TX | $16,311,455 | $22,147,837 |
Memorial Assistance Ministries Inc Houston, TX | $12,620,656 | $8,704,582 |
Healthcare For The Homeless-Houston Houston, TX | $9,738,330 | $7,057,693 |
Cornerstone Assistance Network Inc Fort Worth, TX | $6,473,488 | $6,928,385 |
Goodness Outreach Depot Haslet, TX | $63,576 | $5,040,175 |
Reach Out America Intnl Inc League City, TX | $82,428 | $5,177,951 |
Humble Area Assistance Ministries Humble, TX | $3,384,410 | $5,119,606 |