New Hope Family Shelter Inc
- Assets
- $2.1m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, IN
- Founding
- 06/2011
- Data as of
- 06/2021
- EIN
- 27-5077191
Organization Overview
New Hope Family Shelter Inc is located in Bloomington, IN. The organization was established in 2011. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Hope Family Shelter 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 06/2021, New Hope Family Shelter Inc generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 36.0% each year . All expenses for the organization totaled $1.3m during the year ending 06/2021. While expenses have increased by 27.9% per year over the past 6 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
TO PROVIDE YEAR ROUND TEMPORARY SHELTER FOR HOMELESS FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDE YEAR ROUND TEMPORARY SHELTER FOR HOMELESS FAMILIES.
WE PROVIDE CHILD CARE AND FAMILY SERVICES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Stolberg Director | OfficerTrustee | 2 | $0 |
John Hurlow Secretary | Officer | 2 | $0 |
Sherry Dunbar-Kruzan Vice President | Officer | 10 | $0 |
Robin Irie Treasurer | Officer | 10 | $0 |
Andrew Allard President | Officer | 10 | $0 |
Maryann Valenta Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $676,465 |
| All other contributions, gifts, grants, and similar amounts not included above | $902,727 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,579,192 |
| Total Program Service Revenue | $133,961 |
| Investment income | $301 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $15,024 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,809,276 |
| 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 | $513,056 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $65,671 |
| Payroll taxes | $56,430 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,536 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $85,720 |
| Advertising and promotion | $0 |
| Office expenses | $2,063 |
| Information technology | $5,172 |
| Royalties | $0 |
| Occupancy | $18,955 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $22,692 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,674 |
| Insurance | $30,816 |
| All other expenses | $73,460 |
| Total functional expenses | $1,260,083 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $390,707 |
| Savings and temporary cash investments | $199,714 |
| 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 | $1,424,387 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $44,827 |
| Other assets | $0 |
| Total assets | $2,059,635 |
| Accounts payable and accrued expenses | $9,691 |
| 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 | $565,381 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $575,072 |
| Net assets without donor restrictions | $1,484,563 |
| 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 | $2,059,635 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Hope Family Shelter Inc has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
City Union Mission Inc Kansas City, MO | $45,807,179 | $22,233,320 |
Connections For The Homeless Inc Evanston, IL | $3,076,427 | $13,787,312 |
The Fort Wayne Rescue Mission Ministries Inc Fort Wayne, IN | $18,135,638 | $8,056,165 |
Hvaf Of Indiana Inc Indianapolis, IN | $15,568,459 | $14,316,615 |
Hope Center Inc Lexington, KY | $15,963,477 | $9,458,031 |
Dupage P A D S Inc Wheaton, IL | $16,069,911 | $10,468,502 |
Restart Inc Kansas City, MO | $6,621,835 | $7,572,954 |
Guest House Of Milwaukee Inc Milwaukee, WI | $4,668,756 | $7,591,185 |
Porchlight Inc Madison, WI | $20,932,700 | $8,054,019 |
La Casa Norte Chicago, IL | $17,596,315 | $9,177,000 |
Depaul Usa Inc Chicago, IL | $9,840,575 | $10,359,318 |
Home Of The Sparrow Inc McHenry, IL | $8,853,100 | $7,775,187 |