Joelton Hope Center
- Assets
- $102.0k
- Revenue
- $317.0k
- Investments
- $0.0
- Employees
- 4
- Location
- Joelton, TN
- Founding
- 03/2010
- Data as of
- 12/2021
- EIN
- 27-0849015
Organization Overview
Joelton Hope Center, operating under the name Joelton Hope Center & Thrift Store, is located in Joelton, TN. The organization was established in 2010. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. As of 12/2021, Joelton Hope Center & Thrift Store employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Joelton Hope Center & Thrift Store 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, Joelton Hope Center & Thrift Store generated $317.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $317.5k during the year ending 12/2021. While expenses have increased by 14.8% 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
JOELTON HOPE CENTER OPERATES AS A THRIFT STORE THAT SUPPORTS A FOOD PANTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION OF FOOD TO QUALIFYING FAMILIES. DONATION OF CLOTHING & HOUSEHOLD GOODS TO QUALIFYING FAMILIES/ORGANIZATIONS. NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tasha Petenzi Vice President | OfficerTrustee | 0 | $0 |
Lorinda Mclaughlin Secretary | OfficerTrustee | 0 | $0 |
Allan Graham President | OfficerTrustee | 0 | $0 |
David Royalty Director | Trustee | 0 | $0 |
Randy Goodman Director | Trustee | 0 | $0 |
Carol Palmer Director | Trustee | 0 | $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 | $228,655 |
| Noncash contributions included in lines 1a–1f | $189,306 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $228,655 |
| Total Program Service Revenue | $84,711 |
| Investment income | $865 |
| 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 | $316,959 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $39,859 |
| Grants and other assistance to domestic individuals. | $12,176 |
| 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 | $43,257 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,232 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $225 |
| Office expenses | $4,323 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $54,170 |
| Travel | $3,037 |
| 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 | $332 |
| Insurance | $4,150 |
| All other expenses | $459 |
| Total functional expenses | $317,463 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,387 |
| Savings and temporary cash investments | $62,703 |
| 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 | $7,704 |
| Inventories for sale or use | $12,758 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,450 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $102,002 |
| Accounts payable and accrued expenses | $940 |
| 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 | $940 |
| Net assets without donor restrictions | $0 |
| 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 | $101,062 |
| Total liabilities and net assets/fund balances | $102,002 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Joelton Hope Center has recieved totaling $88.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $88 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Memphis Goodwill Inc Memphis, TN | $14,007,332 | $45,591,658 |
Atlanta Union Mission Corporation Hcsr Atlanta, GA | $60,885,484 | $20,504,830 |
Atlanta Heights Charter School Inc Atlanta, GA | $3,131,172 | $9,104,979 |
Vapor Ministries Inc Sylacauga, AL | $7,649,507 | $9,129,570 |
United States Of America Chess Federation St Louis, MO | $6,079,423 | $3,913,162 |
Lexington Rescue Mission Inc Lexington, KY | $3,687,691 | $2,773,150 |
Guardian Angel Thrift Fuquay Varina, NC | $1,635,752 | $2,673,935 |
Chatham Pta Thrift Shop Inc Siler City, NC | $1,001,947 | $1,744,375 |
Seeds Of Mustard Ministries Corporation Cary, NC | $918,004 | $1,738,508 |
Ditto Upscale Resale Warson Woods, MO | $516,704 | $1,429,635 |
American Home Furnishings Hall Of Fame Foundation Inc High Point, NC | $6,073,735 | $3,252,692 |
Stafford Emergency Relief Through Volunteer Efforts Of Stafford Coun Stafford, VA | $740,386 | $1,196,359 |