Abiding Hope Inc
- Assets
- $285.2k
- Revenue
- $240.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Mars Hill, NC
- Founding
- 07/2019
- Data as of
- 12/2022
- EIN
- 30-1166558
Organization Overview
Abiding Hope Inc is located in Mars Hill, NC. The organization was established in 2019. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 12/2022, Abiding Hope Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abiding Hope 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 12/2022, Abiding Hope Inc generated $240.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $118.1k during the year ending 12/2022. While expenses have increased by 14.8% per year over the past 4 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
ABIDING HOPE, INC. HELPS WOMEN AND FAMILIES IN NORTH BUNCOMBE AND MADISON COUNTIES THAT FACE AN UNPLANNED PREGNANCY. WE HELP WOMEN BY PROVIDING FREE PREGNANCY TESTS, FREE LIMITED OB ULTRASOUNDS AND SPEAKING TO THEM ABOUT THEIR OPTIONS. WE ALSO PROVIDE REFERRALS TO AGENCIES THAT CAN HELP THEM WITH HOUSING, FOOD, CLOTHING, AND/OR SAFETY IF NEEDED. WE TALK WITH THEM THROUGHOUT THEIR PREGNANCY SUPPORTING THE FAMILY IN GETTING READY FOR BABY. WE PROVIDE PARENTING CLASSES THAT CAN START IN THE FIRST TRIMESTER AND LAST THROUGH THE FIRST 2 YEARS OF LIFE. WHEN THEY COME IN FOR PARENTING CLASSES, THEY EARN POINTS TO GO SHOPPING IN OUR BABY CLOSET THAT CONTAINS MATERNITY CLOTHES, BABY ITEMS AND CLOTHES UP TO 2T. IF SOMEONE LOSES THEIR BABY DUE TO MISCARRIAGE OR ABORTION, WE HAVE WOMEN THAT CAN COME ALONGSIDE AND HELP THE FAMILY WORK THROUGH THEIR GRIEF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARENTING PROGRAM - INDIVIDUAL CLASSES WITH THE CLIENT AND FAMILY THAT HELP THEM PREPARE FOR ALL THINGS PREGNANCY AND BIRTH. OUR PARENTING PROGRAM DOESN'T STOP THERE AND HELPS FAMILIES WITH PARENTING ISSUES FROM BIRTH THROUGH 2 YEARS OLD. WE GIVE THEM RESOURCES TO HELP THEM PARENT. DURING 2022, THIS PROGRAM HAD 50 CLIENT VISITS.
ULTRASOUND - LIMITED OB THAT CONFIRMS THE PREGNANCY AND MAKES SURE IT IS NOT A TUBAL PREGNANCY. WE GIVE THEM INFORMATION ON THE DEVELOPMENT OF THEIR BABY AND CONTINUE TO HELP THEM GET INTO MEDICAL CARE AND COMMUNITY RESOURCES TO HELP THEM AS WELL AS REFER THEM TO OUR PARENTING PROGRAM. DURING 2022, THIS PROGRAM HAD 19 CLIENT VISITS.
PREGNANCY TEST - IS A URINE PREGNANCY TEST THAT CLIENTS COME IN TO TAKE AND THEN WE GIVE THEM EDUCATIONAL MATERIALS ON ALL OF THEIR CHOICES AND HOW TO GET INTO MEDICAL CARE. DURING 2022, THIS PROGRAM HAD 22 CLIENT VISITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Hilemon Executive Dir. | Trustee | 30 | $33,000 |
Steven Honeycutt Trustee | Trustee | 0 | $0 |
Johnny Byrd Trustee | Trustee | 0 | $0 |
Debra Hensley Trustee | Trustee | 0 | $0 |
Clark Henderson Chairman | Officer | 0 | $0 |
William Newton Treasurer | Officer | 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 | $240,683 |
| Noncash contributions included in lines 1a–1f | $41,587 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $240,683 |
| Total Program Service Revenue | $0 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $240,683 |
| 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. | $33,000 |
| Compensation of current officers, directors, key employees. | $11,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,962 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,700 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $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 | $4,887 |
| Office expenses | $3,934 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,594 |
| Travel | $1,403 |
| 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 | $9,210 |
| Insurance | $4,665 |
| All other expenses | $9,160 |
| Total functional expenses | $118,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $238,432 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $7,245 |
| Net Land, buildings, and equipment | $39,570 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $285,247 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 | $285,247 |
| Total liabilities and net assets/fund balances | $285,247 |