Hopes Place Inc
- Assets
- $641.6k
- Revenue
- $950.4k
- Investments
- $0.0
- Employees
- 16
- Location
- Ashland, KY
- Founding
- 03/1997
- Data as of
- 12/2021
- EIN
- 31-1501089
Organization Overview
Hopes Place Inc is located in Ashland, KY. The organization was established in 1997. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 12/2021, Hopes Place Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopes Place 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, Hopes Place Inc generated $950.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $927.1k during the year ending 12/2021. While expenses have increased by 14.4% per year over the past 7 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
OPERATION OF A CHILDREN'S ADVOCACY PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOPE'S PLACE WAS ESTABLISHED IN 1997 TO PROVIDE SERVICES AND TREATMENT FOR SEXUALLY ABUSED CHILDREN. DURING 2021, MORE THAN 300 VICTIMS BENEFITED FROM THESE SERVICES.
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 |
|---|---|---|---|
Shawn Boggs President | OfficerTrustee | $0 | |
William Bottoms Secretary | OfficerTrustee | $0 | |
Mandy Wheeler Vice Preside | OfficerTrustee | $0 | |
Brian Dickerson Director | Trustee | $0 | |
Jansen Fennell Treasurer | Trustee | $0 | |
Sarah Gabbard Director | Trustee | $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 | $862,069 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $862,069 |
| Total Program Service Revenue | $0 |
| Investment income | $136 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $29,105 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $59,136 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $950,446 |
| 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 | $569,940 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $157,532 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $37,814 |
| Advertising and promotion | $415 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,204 |
| Travel | $13,178 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,594 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,835 |
| Insurance | $10,863 |
| All other expenses | $545 |
| Total functional expenses | $927,144 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $743 |
| Savings and temporary cash investments | $104,152 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $147,950 |
| 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 | $3,856 |
| Net Land, buildings, and equipment | $384,869 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $641,570 |
| Accounts payable and accrued expenses | $3,579 |
| Grants payable | $0 |
| Deferred revenue | $47,919 |
| 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 | $100,380 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,909 |
| Total liabilities | $161,787 |
| Net assets without donor restrictions | $477,144 |
| Net assets with donor restrictions | $2,639 |
| 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 | $641,570 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Hopes Place Inc has recieved totaling $174,713.
| Awarding Organization | Amount |
|---|---|
Pallottine Foundation Of Huntington West Virginia Huntington, WV PURPOSE: TO SUPPORT THE ORGANIZATION WITH RESOURCES TO BRING IT TO THE NEXT LEVEL OF OPERATIONAL, PROGRAMMIC, FINANCIAL, OR ORGANIZATIONAL MATURITY. | $50,000 |
Pallottine Foundation Of Huntington West Virginia Huntington, WV PURPOSE: TO PROVIDE SUPPORT FOR THREE EVIDENCE-BASED EDUCATION AND PREVENTION TRAININGS, OFFER SUPPORT GROUPS, AND HOST A SERIES OF ONE-DAY WORKSHOPS TO NON-OFFENDING PARENTS AND OTHER COMMUNITY MEMBERS. | $49,962 |
United Way Of Northeast Kentucky Ashland, KY PURPOSE: CHILD COUNSELING | $22,500 |
United Way Of Northeast Kentucky Ashland, KY PURPOSE: CHILD COUNSELING | $22,500 |
Aes Restaurant Foundation Inc Carmel, IN PURPOSE: Various | $11,500 |
Marathon Petroleum Foundation Inc Findlay, OH PURPOSE: SAFETY AND SECURITY FUND | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Start Early Chicago, IL | $84,271,202 | $70,463,769 |
Aunt Marthas Health And Wellness Inc Olympia Fields, IL | $54,790,181 | $76,869,739 |
Home Of The Innocents Louisville, KY | $65,936,373 | $44,982,651 |
Choices Coordinated Care Solutions Inc Indianapolis, IN | $31,601,317 | $38,735,699 |
Jewish Child And Family Services Chicago, IL | $66,913,873 | $39,925,385 |
Childrens Bureau Inc Indianapolis, IN | $23,244,857 | $37,565,375 |
Integrated Services For Behavioral Health Nelsonville, OH | $33,594,068 | $34,760,134 |
Childrens Home Society Of West Virginia Charleston, WV | $19,571,379 | $26,416,852 |
Lighthouse Youth Services Inc Cincinnati, OH | $7,557,404 | $23,482,768 |
Sunrise Childrens Services Mt Washington, KY | $37,970,472 | $27,965,095 |
Sjo Kids Inc Cincinnati, OH | $24,649,719 | $25,113,868 |
Child Focus Inc Cincinnati, OH | $13,889,925 | $19,676,752 |