Hope Recovery Center
- Assets
- $1.4m
- Revenue
- $869.1k
- Investments
- $0.0
- Employees
- 33
- Location
- Medon, TN
- Founding
- 07/2010
- Data as of
- 12/2022
- EIN
- 27-1226306
Organization Overview
Hope Recovery Center is located in Medon, TN. The organization was established in 2010. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2022, Hope Recovery Center employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Recovery Center 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 12/2022, Hope Recovery Center generated $869.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $911.5k during the year ending 12/2022. While expenses have increased by 13.3% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
FAITH BASED RETREAT ASSISTING WOMEN AND MEN WITH DRUG AND ALCHOHOL ABUSE AND RECOVERY WITH A FAITH BASED APPROACH
Describe the Organization's Program Activity:
Part 3 - Line 4a
BIBLICAL RETREAT WITH A HOME-LIKE ATMOSPHERE WHERE A PERSON CAN EXPERIENCE SPIRITUAL GROWTH ALONG WITH MENTAL, SOCIAL, MORAL AND PHYSICAL IMPROVEMENT SKILLS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcie Hendrick Executive Dir. | OfficerTrustee | 40 | $52,800 |
Peggy Jones Treasurer | OfficerTrustee | 20 | $15,900 |
Tracy Callahan Director | Trustee | 5 | $0 |
Lisa Clements Director | Trustee | 5 | $0 |
Barry Glenn Director | Trustee | 0 | $0 |
Janet James Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $13,226 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $88,654 |
| All other contributions, gifts, grants, and similar amounts not included above | $408,733 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $510,613 |
| Total Program Service Revenue | $352,903 |
| 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 | $2,643 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $869,052 |
| 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. | $68,700 |
| Compensation of current officers, directors, key employees. | $29,100 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $218,706 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $21,733 |
| Fees for services: Management | $7,853 |
| Fees for services: Legal | $5,272 |
| 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 | $68,754 |
| Advertising and promotion | $12,441 |
| Office expenses | $14,669 |
| Information technology | $4,872 |
| Royalties | $0 |
| Occupancy | $103,902 |
| Travel | $1,390 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $30,849 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $52,823 |
| Insurance | $29,387 |
| All other expenses | $4,542 |
| Total functional expenses | $911,499 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,582 |
| Savings and temporary cash investments | $0 |
| 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 | $9,023 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,304,427 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,373,032 |
| Accounts payable and accrued expenses | $9,723 |
| 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 | $584,185 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $593,908 |
| 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 | $779,124 |
| Total liabilities and net assets/fund balances | $1,373,032 |