Service Of Hope Entities Inc

Organization Overview

Service Of Hope Entities Inc is located in Dallas, TX. The organization was established in 2005. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Service Of Hope Entities Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Service Of Hope Entities 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, Service Of Hope Entities Inc generated $4.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.6% each year . All expenses for the organization totaled $4.5m during the year ending 12/2021. While expenses have increased by 30.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF SERVICES OF HOPE IS TO TRANSFORM LIVES OF LOW TO MODERATE INCOME STUDENTS AND THEIR FAMILIES WITH PROVEN FAITH BASED EDUCATIONAL PROGRAMS AND SERVICES. THESE SERVICES ARE PROVIDED IN UNDERSERVED AND UNDER RESOURCED COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RENTAL ASSISTANCE PROGRAM: CONGRESS AUTHORIZED THROUGH THE CARES ACT EMERGENCY RENTAL ASSISTANCE FUNDS TO KEEP TENANTS HOUSED DURING THE PANDEMIC. THESE FUNDS WERE DISTRIBUTED TO STATE AND LOCAL GOVERNMENTS TO PREVENT HARMFUL EVICTIONS OF VULNERABLE FAMILIES. SERVICES OF HOPE (SOH) APPLIED AND WAS AWARDED SUB-AGREEMENTS AND FUNDING THROUGH THE CITY OF DALLAS AND THE UNITED WAY OF DALLAS ORGANIZATIONS. SOH SCREENED AND PROCESSED APPLICATIONS TO DETERMINE ELIGIBILITY AND IF APPROVED, FORWARDED FUNDS TO THE LANDLORD. PAYMENTS INCLUDED PAST DUE AND FUTURE RENTAL PAYMENTS AND UTILITIES. THROUGH THE FUNDS PROVIDED BY THE ORGANIZATIONS AND EFFORTS OF SOH, APPROXIMATELY 500 UNDUPLICATED FAMILIES WERE SERVED AND AVOIDED EVICTION.


COMMUNITY OUTREACH SERVICES - IN-KIND DONATIONS: SERVICES OF HOPE RECEIVES, STORES AND DISTRIBUTES DONATED GOODS TO LOW TO MODERATE INCOME FAMILIES THROUGHOUT THE YEAR. OVER THE YEARS SOH ESTABLISHED RELATIONSHIPS WITH MULTIPLE DONORS IN THE DALLAS AREA AND HAS ESTABLISHED AN INTERNAL DEPARTMENT TO MANAGE THESE GOODS. THE DONATED GOODS INCLUDES BOTH FOOD AND NON-FOOD PRODUCTS SUCH AS MEATS, HOUSEHOLD GOODS, FRUITS AND VEGETABLES, TOYS, DIAPERS AND WIPES, CLOTHING, FURNITURE, PERSONAL CARE AND FEMININE HYGIENE PRODUCTS. FAMILIES AFFECTED BY THE TEXAS WINTER STORM AND THE HIGHLAND HILLS APARTMENT COMPLEX EXPLOSION GREATLY BENEFITED FROM THESE PRODUCTS. FAMILIES RECEIVED PRODUCTS SUCH AS FURNITURE, FOOD, THANKSGIVING BASKETS, FRESH PRODUCE, DIAPERS AND WIPES AND SCHOOL SUPPLIES.


REDEMPTION GRANT PROGRAM: UTILIZING FUNDING FROM BOTH FOR-PROFIT AND NOT-FOR-PROFIT ORGANIZATIONS, SERVICES OF HOPE PROVIDED YEAR-ROUND FINANCIAL ASSISTANCE TO LOW TO MODERATE INCOME FAMILIES IN NEED. ASSISTANCE WAS PROVIDED IN THE FORM OF SHORT-TERM LODGING, UTILITIES PAYMENTS, MONETARY ASSISTANCE TO HELP FAMILIES AVOID PREDATORY LENDERS.TWO SIGNIFICANT EVENTS STAND OUT IN 2021: 1. TEXAS WINTER STORM 2021 - THIS STORM LEFT MANY WITHOUT POWER, DAMAGED HOUSING FROM BUSTED PIPES, HIGHER ENERGY COSTS AND A NEED FOR TEMPORARY HOUSING. SOH PROVIDED THESE FAMILIES WITH GIFT CARDS, HOTEL ROOMS AND ASSISTANCE FOR REPAIR SERVICES. SOH WAS RECOGNIZED BY THE CITY OF DALLAS AND OTHER INSTITUTIONS FOR ITS COMMUNITY OUTREACH. 2. HIGHLAND HILLS APARTMENT COMPLEX EXPLOSION - TWENTY-SEVEN (27) FAMILIES LOST THEIR APARTMENT DUE TO AN EXPLOSION. SOH PLACED THESE TENANTS INTO NEW APARTMENTS, PAYING THEIR RENT, SECURITY DEPOSIT AND FEES TOTALING OVER $80,000 FROM OCTOBER TO DECEMBER.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $133,300
All other contributions, gifts, grants, and similar amounts not included above$1,336,999
Noncash contributions included in lines 1a–1f $670,988
Total Revenue from Contributions, Gifts, Grants & Similar$1,470,299
Total Program Service Revenue$3,157,967
Investment income $15,460
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 $4,643,726

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Service Of Hope Entities Inc has recieved totaling $178,106.

Awarding OrganizationAmount
Carlson Foundation

Dallas, TX

PURPOSE: GENERAL FUND

$120,000
Dallas Foundation A Tx Nonprofit Corporation

Dallas, TX

PURPOSE: GENERAL SUPPORT

$38,518
Communities Foundation Of Texas

Dallas, TX

PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.

$14,478
Conrad N Hilton Foundation

Westlake Village, CA

PURPOSE: FOR GENERAL OPERATING SUPPORT.

$5,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$110
View Grant Recipient Profile

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