Only Hope Wnc
- Assets
- $5.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hendersonville, NC
- Founding
- 04/2013
- Data as of
- 12/2021
- EIN
- 45-3751833
Organization Overview
Only Hope Wnc is located in Hendersonville, NC. The organization was established in 2013. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Only Hope Wnc 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, Only Hope Wnc generated $50.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $46.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vickie Sanders Board Member | 20 | $0 | |
Michael Absher CEO | 40 | $0 | |
Paula Carpenter Board Member | 10 | $0 | |
Carol Brown Secretary | 5 | $0 | |
Kim Fletcher Board Member | 1 | $0 | |
Jennifer Webb Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,444 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,484 |
| Other Revenue | $0 |
| Total Revenue | $49,960 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $711 |
| Occupancy, rent, utilities, and maintenance | $16,150 |
| Printing, publications, postage, and shipping | $638 |
| Other expenses | $29,099 |
| Total expenses | $46,598 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,047 |
| Other assets | $0 |
| Total assets | $5,047 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,047 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Only Hope Wnc has recieved totaling $49,940.
| Awarding Organization | Amount |
|---|---|
Manna Food Bank Inc Asheville, NC PURPOSE: FOOD DISTRIBUTION | $39,885 |
Pisgah Health Foundation Brevard, NC PURPOSE: FOOD RESOURCE | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $55 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Quest Community Development Organization Inc Atlanta, GA | $31,980,740 | $6,266,594 |
Rescue Mission Of Roanoke Inc Roanoke, VA | $11,303,940 | $5,672,596 |
Charlotte Family Housing Inc Charlotte, NC | $3,736,350 | $3,379,237 |
Dream Center Of Pickens County Easley, SC | $1,474,913 | $3,364,624 |
National Health Care For The Homeless Council Inc Nashville, TN | $2,211,639 | $3,205,943 |
Union County Community Shelter Monroe, NC | $5,779,570 | $2,836,417 |
Hospitality Hub Of Memphis Memphis, TN | $14,285,294 | $5,150,202 |
Community Alliance For The Homeless Inc Memphis, TN | $840,449 | $1,709,644 |
Bethesda Center For The Homeless Inc Winstonsalem, NC | $2,468,079 | $1,859,397 |
Housing Trust Fund Of Northern Virginia Inc Chantilly, VA | $1,642,500 | $1,610,122 |
Step Up Ministry Raleigh, NC | $1,595,093 | $1,539,919 |
Thurman Brisben Homeless Shelter Inc Fredericksburg, VA | $2,108,864 | $1,006,077 |