Hope Reins
- Assets
- $3.7m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 40
- Location
- Raleigh, NC
- Founding
- 11/2009
- Data as of
- 12/2023
- EIN
- 27-1074966
Organization Overview
Hope Reins is located in Raleigh, NC. The organization was established in 2009. According to its NTEE Classification (E50) the organization is classified as: Rehabilitative Care, under the broad grouping of Health Care and related organizations. As of 12/2023, Hope Reins employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Reins 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 12/2023, Hope Reins generated $2.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $2.2m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
WE PAIR KIDS IN CRISIS WITH RESCUED HORSES AND MENTORS TO FIND HOPE AND HEALING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, THE PATHWAY TO RESILIENCE PROGRAM HELPED 269 HURTING KIDS HEAL THROUGH 3,158 SESSIONS, INCLUDING 178 "PATHWAY" KIDS, OF WHICH A RECORD-BREAKING 70 WERE FIRST-YEAR ENROLLEES. PLUS, ANOTHER 91 FROM STRATEGIC PARTNERS LIKE DURHAM RESCUE MISSION AND BOYS & GIRLS CLUBS. THE KIDS IN THE PROGRAM ARE AGED 5 TO 18, HAVE INCREDIBLY DIVERSE BACKGROUNDS, AND MAY BE BLACK, WHITE, HISPANIC, ASIAN, OR ADOPTED FROM ANOTHER COUNTRY AND HAVE EXPERIENCED EITHER A SERIOUS TRAUMATIC EVENT OR HAVE FACED MULTIPLE ADVERSE CHILDHOOD EXPERIENCES. SOME TRAVEL TO OUR RANCH FROM AS FAR AWAY AS VIRGINIA AND SOUTH CAROLINA. THEY MAY RESIDE AT HOME WITH ONE OR BOTH PARENTS OR GRANDPARENTS OR THEY MAY LIVE WITH A FOSTER FAMILY OR IN A GROUP HOME. REGARDLESS OF FINANCIAL STATUS, WE SERVE ALL THESE FAMILIES AT NO COST TO THEM.
THROUGH OUR TRAINING PROGRAM, WE STEWARD OUR KNOWLEDGE, TOOLS, AND EXPERTISE DEVELOPED FROM WORKING WITH INDIVIDUALS IN CRISIS SINCE HOPE REINS' INCEPTION IN 2010. WITH THE EXPERIENCE ACQUIRED AND TOOLS CREATED, WE ARE UNIQUELY QUALIFIED TO INSPIRE AND EQUIP OTHERS TO IMPACT HURTING PEOPLE IN THEIR COMMUNITIES. INDIVIDUALS AND ORGANIZATIONS PAY FEES TO ACCESS TRAINING CONTENT AND TO MAINTAIN ACCESS OVER TIME. OUR TRAINING PROGRAM IS AN EFFECTIVE AND EFFICIENT WAY TO FURTHER THE IMPACT OF HOPE REINS' MISSION AND TO ACCOMPLISH OUR OVERALL VISION TO PROVIDE TRUE HOPE AND HEALING FOR EVERY CHILD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Tschirret Founder & CEO | OfficerTrustee | 40 | $106,267 |
Allin Foulkrod Chair | OfficerTrustee | 4 | $0 |
Keith Manguson Vice Chair | OfficerTrustee | 4 | $0 |
Linda Dyer Treasurer | OfficerTrustee | 4 | $0 |
Kami Recla Secretary | OfficerTrustee | 4 | $0 |
Jason Mcginnis Director | Trustee | 2 | $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 | $2,141,848 |
| Noncash contributions included in lines 1a–1f | $50,323 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,141,848 |
| Total Program Service Revenue | $0 |
| Investment income | $24,632 |
| 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 | $2,166,480 |
| 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. | $112,114 |
| Compensation of current officers, directors, key employees. | $7,134 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,080,686 |
| Pension plan accruals and contributions | $24,196 |
| Other employee benefits | $0 |
| Payroll taxes | $100,347 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $59,445 |
| Fees for services: Accounting | $15,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $145,967 |
| Advertising and promotion | $143,517 |
| Office expenses | $69,330 |
| Information technology | $9,242 |
| Royalties | $0 |
| Occupancy | $48,277 |
| Travel | $4,082 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $37,993 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $73,524 |
| Insurance | $53,034 |
| All other expenses | $17,246 |
| Total functional expenses | $2,232,781 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $900,890 |
| Savings and temporary cash investments | $767,147 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,209 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $14,216 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,056,168 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,740,630 |
| Accounts payable and accrued expenses | $46,951 |
| 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 | $1,134,298 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,181,249 |
| Net assets without donor restrictions | $2,559,381 |
| 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 | $3,740,630 |