Partners In Hope Inc
- Assets
- $619.3k
- Revenue
- $340.0k
- Investments
- $0.0
- Employees
- 7
- Location
- Troy, OH
- Founding
- 07/1997
- Data as of
- 12/2022
- EIN
- 31-1305869
Organization Overview
Partners In Hope Inc is located in Troy, OH. The organization was established in 1997. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2022, Partners In Hope Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partners In 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, Partners In Hope Inc generated $340.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $346.3k during the year ending 12/2022. While expenses have increased by 4.1% 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 COMMUNITY SUPPORT SERVING THE LOCAL COMMUNITY REGARDLESS OF RELIGIOUS AFFILIATION OR BELIEF. RELEVANT PROGRAMS ARE PROVIDED THAT OFFER COLLABORATIVE CONNECTIONS ACROSS THE MANY ECONOMIC POPULATIONS BY BUILDING TRUST, INTEGRITY AND RESPECT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND DEVELOPMENT PROGRAMS - A MULTI-TIERED PROGRAM OFFERED TO FAMILIES WHO WANT TO BECOME SELF-SUFFICIENT. THE "GETTING AHEAD" PROGRAM IS THE FIRST TIER AND IS A 10 WEEK PROGRAM THAT ENCOURAGES AND LEADS FAMILIES TO BUILD AND DEVELOP THEIR OWN PLAN. THE "STAYING AHEAD" PROGRAM IS THE SECOND TIER AVAILABLE TO GRADUATES OF THE "GETTING AHEAD" PROGRAM. PARTNER FAMILIES MEET WEEKLY TO DEVELOP RESOURCES AND ARE PROVIDED WITH SUPPORT AND GOAL SETTING ASSISTANCE. COMMUNITY SUPPORT BY WAY OF AN EVENING MEAL IS SHARED BY PARTNER FAMILIES AND COMMUNITY SUPPORTERS. TIER 3 IS THE "FINANCIAL ENSE" PROGRAM THAT IS A FAITH BASED 10 WEEK MONEY MANAGEMENT PROGRAM THAT SUPPORTS FAMILIES AS THEY CREATE THEIR OWN FINANCIAL PLAN.
RELIEF SERVICES: CRISIS INTERVENTION-TEMPORARY ASSISTANCE TO LOWER INCOME INDIVIDUALS AND FAMILIES IN FINANCIAL CRISIS. INCLUDES UTILITY PAYMENTS, NEW EMPLOYMENT REQUIREMENTS SUCH AS PERSONAL IDENTIFICATION, WORK BOOTS, OR PERSONAL CARE ITEMS. THE "CHRISTMAS SHOP" IS A RECIPROCITY BASED CHRISTMAS PROGRAM THAT ALLOWS FAMILIES TO VOLUNTEER THEIR TIME OR RESOURCES AND THEN SHOP FOR THEIR CHILDREN. ADDITIONAL RELIEF SERVICES INCLUDE "CHRISTIAN AUTO REPAIR- AND TAX PREPARATION ASSISTANCE AS AN IRS VITA SITE.
CAREGIVERS - CAREGIVER DRIVERS PROVIDE RIDES TO PERSONS OVER THE AGE OF 62, TO MEDICAL APPOINTMENTS, ON-LINE GROCERY SHOPPING AND PICK-UP, AND OTHER ERRANDS. VOLUNTEERS DONATE MILES ON THE ROAD TO ASSIST CLIENTS TO REMAIN IN THEIR OWN HOMES DESPITE NOT BEING ABLE TO DRIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Jackson Exec. Direct | Officer | 40 | $48,653 |
Susan Anderson Director | Trustee | 1 | $0 |
Kim Barnett Director | Trustee | 1 | $0 |
Mike Beamish Director | Trustee | 1 | $0 |
Mike Cargill Director | Trustee | 1 | $0 |
Chuck Drake Treasurer | OfficerTrustee | 1 | $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 | $336,648 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $336,648 |
| Total Program Service Revenue | $0 |
| Investment income | $905 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,400 |
| 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 | $339,953 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $15,265 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $48,653 |
| Compensation of current officers, directors, key employees. | $11,676 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $115,353 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,391 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $95,562 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,647 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $489 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,643 |
| Insurance | $3,308 |
| All other expenses | $0 |
| Total functional expenses | $346,295 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,183 |
| Savings and temporary cash investments | $183,244 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,097 |
| 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 | $2,204 |
| Net Land, buildings, and equipment | $356,613 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $619,341 |
| Accounts payable and accrued expenses | $21,282 |
| 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 | $21,282 |
| Net assets without donor restrictions | $588,059 |
| Net assets with donor restrictions | $10,000 |
| 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 | $619,341 |