Hope House Of Myrtle Beach Inc
- Assets
- $392.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Surfside Beach, SC
- Founding
- 06/2011
- Data as of
- 12/2021
- EIN
- 27-1405118
Organization Overview
Hope House Of Myrtle Beach Inc is located in Surfside Beach, SC. The organization was established in 2011. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope House Of Myrtle Beach 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 12/2021, Hope House Of Myrtle Beach Inc generated $17.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (22.4%) each year. All expenses for the organization totaled $6.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (19.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SEE SUPPORTING STATEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Harper Vice Pres/secretary | 1 | $0 | |
Richard Abney Treasurer | 1 | $0 | |
Sharlene Zwing President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,247 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,525 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,772 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,725 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,999 |
| Total expenses | $6,724 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $392,333 |
| Other assets | $0 |
| Total assets | $392,684 |
| Total liabilities | $0 |
| Net assets or fund balances | $392,684 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hope House Of Myrtle Beach Inc has recieved totaling $10,795.
| Awarding Organization | Amount |
|---|---|
Waccamaw Community Foundation Inc Murrells Inlet, SC PURPOSE: GENERAL OPERATING SUPPORT | $10,750 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $45 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hephzibah Charter Foundation Inc Hephzibah, GA | $10,181,498 | $8,307,126 |
Foundation Properties Inc Columbus, GA | $108,758,689 | $6,742,153 |
Nc State Engineering Foundation Inc Raleigh, NC | $172,988,383 | $18,412,442 |
Georgia Student Scholarship Organization Sso Inc Cumming, GA | $4,146,288 | $9,720,252 |
Lowes Foundation Mooresville, NC | $8,794,184 | $2,155,365 |
Queens University Of Charlotte Endowment Charlotte, NC | $185,539,015 | $2,324,123 |
Women For Women Winterville, NC | $0 | $207,453 |
Western Carolina University Research & Development Corporation Cullowhee, NC | $52,385,182 | $2,471,717 |
Georgia Independent College Association Inc Atlanta, GA | $19,581,572 | $3,001,515 |
We Are Down Home Greensboro, NC | $1,177,766 | $2,334,176 |
Durham Public Schools Foundation Durham, NC | $2,526,701 | $1,530,244 |
Glow Nc Inc Wilmington, NC | $15,878,873 | $3,069,160 |