Hope Southern Indiana Inc
- Assets
- $2.0m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 14
- Location
- New Albany, IN
- Founding
- 01/1974
- Data as of
- 06/2022
- EIN
- 35-1128300
Organization Overview
Hope Southern Indiana Inc is located in New Albany, IN. The organization was established in 1974. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2022, Hope Southern Indiana Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Southern Indiana 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 06/2022, Hope Southern Indiana Inc generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 26.5% each year . All expenses for the organization totaled $1.9m during the year ending 06/2022. While expenses have increased by 16.2% per year over the past 3 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
TO PROVIDE SOCIAL AND EDUCATIONAL SERVICES TO PERSONS FROM EVERY SOCIOECONOMIC BACKGROUND REGARDLESS OF ANY CLASS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY SERVICES- EMERGENCY ASSISTANCE, VOLUNTEERISM, FOOD PANTRY AND NUTRITION, CLOTHE-A-TEEN AND BACK TO SCHOOL PROGRAMS, SPIRIT OF THE SEASON HOLIDAY PROGRAMS, AND FINANCIAL AND LIFE SKILLS EDUCATION/TRAINING.
RETIRED SENIOR VOLUNTEER PROGRAM VOLUNTEERISM FOR SENIOR CITIZENS
YOUTH VOLUNTEERISM AND SERVICES, AS WELL AS, OTHER PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Ketterer Board Member | Trustee | 1 | $0 |
Cathy Scrivner Board Member | Trustee | 1 | $0 |
Chris Street Treasurer | OfficerTrustee | 1 | $0 |
Van Willis Board Member | Trustee | 1 | $0 |
Ben Shiner Board Member | Trustee | 1 | $0 |
Paul E Eddie Bobbitt Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $95,926 |
| Membership dues | $0 |
| Fundraising events | $49,090 |
| Related organizations | $0 |
| Government grants | $190,966 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,153,748 |
| Noncash contributions included in lines 1a–1f | $1,395,768 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,489,730 |
| Total Program Service Revenue | $0 |
| Investment income | $12,607 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$950 |
| Net Income from Fundraising Events | -$15,947 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,511,324 |
| 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. | $65,748 |
| Compensation of current officers, directors, key employees. | $19,724 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $268,845 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,535 |
| Payroll taxes | $24,256 |
| 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 | $7,967 |
| Office expenses | $12,975 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $50,959 |
| Travel | $2,799 |
| 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 | $26,397 |
| Insurance | $13,429 |
| All other expenses | $30,949 |
| Total functional expenses | $1,888,459 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $734,031 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $113,477 |
| 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 | $17,520 |
| Net Land, buildings, and equipment | $932,169 |
| Investments—publicly traded securities | $248,444 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,045,641 |
| Accounts payable and accrued expenses | $64,621 |
| 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 | $44,651 |
| Total liabilities | $109,272 |
| Net assets without donor restrictions | $1,214,479 |
| Net assets with donor restrictions | $721,890 |
| 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 | $2,045,641 |