Homeless Not Hopeless Inc
- Assets
- $1.5m
- Revenue
- $380.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Hyannis, MA
- Founding
- 02/2008
- Data as of
- 09/2022
- EIN
- 26-0604808
Organization Overview
Homeless Not Hopeless Inc is located in Hyannis, MA. The organization was established in 2008. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 09/2022, Homeless Not Hopeless Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homeless Not Hopeless 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 09/2022, Homeless Not Hopeless Inc generated $380.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $361.6k during the year ending 09/2022. 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
TO PROVIDE SERVICES TO THE HOMELESS COMMUNITY ON CAPE COD
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES FOR RESIDENCES TO HOUSE INDIVIDUALS FROM THE HOMELESS COMMUNITY AND IS PROVIDING OUTREACH, TRANSPORTATION, EDUCATION, CLOTHING AND ADVOCACY TO THE HOMELESS COMMUNITY IN CAPE COD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Niland Treasurer | OfficerTrustee | 15 | $0 |
Frank Cimeno Secretary | OfficerTrustee | 2 | $0 |
Richard Murphy President | OfficerTrustee | 10 | $0 |
Theresa Brosnan Director | Trustee | 2 | $0 |
Richard Lejava Director | Trustee | 2 | $0 |
Ernest Charette Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $167,132 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $167,132 |
| Total Program Service Revenue | $213,644 |
| Investment income | $107 |
| 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 | $380,883 |
| 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 | $43,662 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,092 |
| 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 | $0 |
| Office expenses | $3,873 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $81,405 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $30,819 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,660 |
| Insurance | $57,023 |
| All other expenses | $27,464 |
| Total functional expenses | $361,623 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,845 |
| Savings and temporary cash investments | $102,491 |
| 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 | $1,353,993 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,462,329 |
| Accounts payable and accrued expenses | $3,646 |
| Grants payable | $0 |
| Deferred revenue | -$239 |
| 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 | $607,400 |
| Total liabilities | $610,807 |
| Net assets without donor restrictions | $851,522 |
| 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 | $1,462,329 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Homeless Not Hopeless Inc has recieved totaling $10,102.
| Awarding Organization | Amount |
|---|---|
Organization Name not Listed PURPOSE: GENERAL OPERATING SUPPORT | | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $102 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Westhab Inc Yonkers, NY | $114,731,576 | $108,606,814 |
Home-Life Services Inc Brooklyn, NY | $11,358,960 | $49,313,152 |
Project Hospitality Inc Staten Island, NY | $24,265,282 | $41,568,587 |
Father Bills & Mainspring Inc Brockton, MA | $37,272,456 | $43,214,858 |
Urban Pathways Inc New York, NY | $30,994,608 | $33,252,102 |
Turning Point Inc Newburyport, MA | $22,797,029 | $31,886,468 |
Aguila Inc Bronx, NY | $26,513,070 | $18,809,046 |
Ali Forney Center New York, NY | $7,623,264 | $19,818,161 |
Jericho Project New York, NY | $18,950,420 | $17,611,803 |
Middlesex Human Service Agency Inc Waltham, MA | $4,587,746 | $16,335,649 |
Columbus House New Haven, CT | $15,682,244 | $16,470,970 |
Rosies Place Inc Boston, MA | $38,499,401 | $18,742,725 |