Hogar De La Promesa
- Assets
- $231.8k
- Revenue
- $510.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Frisco, TX
- Founding
- 08/2010
- Data as of
- 12/2021
- EIN
- 26-4835564
Organization Overview
Hogar De La Promesa is located in Frisco, TX. The organization was established in 2010. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hogar DE LA Promesa 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, Hogar DE LA Promesa generated $510.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $366.4k during the year ending 12/2021. 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
PROMISE HOME ORPHANAGE PROVIDES FOR THE NEEDS OF THE ABUSED, ABANDONED, AND NEGLECTED OF HONDURAS. INCLUDING FOOD, SHELTER, AND TRAINING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHILDRENS DIVISION AND AFTER SCHOOL PROGRAM:YEAR ROUND FOOD, CLOTHING, SHELTER, AND LIFE SKILLS TRAINING PROVIDED 365 DAYS A YEAR. IN 2016 THERE WERE ABOUT 3,900 CHILDREN SERVED.
TALAPIA AND AFRICAN PALMS DIVISION: LIFE SKILLS AND JOB TRAINING AND PROVIDED FINANCIAL ASSISTANCE TO THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Billy Hayden Director | OfficerTrustee | 40 | $0 |
Brent Stuckey Director | Trustee | 1 | $0 |
Keith Roeschley Director | Trustee | 1 | $0 |
Chris Hayden Director | Trustee | 1 | $0 |
Kirk Andrews Director | Trustee | 2 | $0 |
Richard Covington Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $217,721 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $217,721 |
| Total Program Service Revenue | $0 |
| Investment income | $322 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $107,572 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $184,809 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $510,424 |
| 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 | $0 |
| 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 | $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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $300 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $53,735 |
| Insurance | $1,841 |
| All other expenses | $310,504 |
| Total functional expenses | $366,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,946 |
| Savings and temporary cash investments | $17,835 |
| 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 | $135,979 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $231,760 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $231,760 |
| 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 | $231,760 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hogar De La Promesa has recieved totaling $78.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $78 |
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|---|---|---|
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Ahed International Inc Irving, TX | $2,773,148 | $33,249,497 |
Christian Relief Fund Amarillo, TX | $12,393,094 | $11,849,734 |
Focus Humanitarian Assistance U S A Sugar Land, TX | $10,443,894 | $8,688,144 |
A Glimmer Of Hope Foundation Austin, TX | $0 | $5,415,626 |
Mission Enablers International Bentonville, AR | $795,841 | $7,887,827 |
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