The Prisoners Hope Inc
- Assets
- $103.1k
- Revenue
- $289.4k
- Investments
- $0.0
- Employees
- 4
- Location
- Louisville, KY
- Founding
- 10/2014
- Data as of
- 12/2021
- EIN
- 46-4488483
Organization Overview
The Prisoners Hope Inc is located in Louisville, KY. The organization was established in 2014. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2021, Prisoners Hope Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prisoners 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 12/2021, Prisoners Hope Inc generated $289.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.3% each year . All expenses for the organization totaled $310.4k during the year ending 12/2021. While expenses have increased by 29.6% 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
THE PRISONER'S HOPE IS A CHRIST-CENTERED MINISTRY REACHING OUT TO THOSE INCARCERATED AND THEIR FAMILIES; SERVING NEEDS BEFORE, DURING AND AFTER INCARCERATION THROUGH MENTORING AND ASSISTANCE WITH BASIC NEEDS TO EQUIP FOR SUCCESSFUL RE-ENTRY INTO SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UTILIZATION OF THE CHRIST-CENTERED MINISTRY FOR REACHING OUT TO THOSE INCARCERATED THROUGH MENTORING, AND PROVIDING ASSISTANCE WITH BASIC NEEDS TO EQUIP FOR SUCCESSFUL RE-ENTRY INTO SOCIETY.
UTILIZATION OF THE CHRIST-CENTERED MINISTRY FOR REACHING OUT TO THOSE INCARCERATED THROUGH MENTORING, AND PROVIDING ASSISTANCE WITH BASIC NEEDS TO EQUIP FOR SUCCESSFUL RE-ENTRY INTO SOCIETY
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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 | $289,436 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $289,436 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $289,436 |
| 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 | $110,558 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,976 |
| Payroll taxes | $11,741 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,619 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $963 |
| Office expenses | $15,827 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $38,702 |
| Travel | $13,695 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,506 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,873 |
| Insurance | $5,976 |
| All other expenses | $0 |
| Total functional expenses | $310,412 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $44,874 |
| Savings and temporary cash investments | $5,903 |
| Pledges and grants receivable | $0 |
| 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 | $4,811 |
| Net Land, buildings, and equipment | $47,496 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $103,084 |
| Accounts payable and accrued expenses | $4,162 |
| 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 | $4,162 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $98,922 |
| Total liabilities and net assets/fund balances | $103,084 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that The Prisoners Hope Inc has recieved totaling $49,809.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $31,337 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $16,300 |
Snowy Owl Foundation Louisville, KY PURPOSE: SUPPORT THE MENTEE/FAMILY ASSISTANCE PROGRAM FOR PEOPLE REENTERING SOCIETY | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $172 |
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Lighthouse For The Blind St Louis, MO | $132,994,524 | $33,499,796 |
Signal Centers Inc Chattanooga, TN | $10,070,860 | $27,319,073 |
Louise W Eggleston Center Inc Norfolk, VA | $29,105,931 | $28,904,867 |
Center For Human Services Inc Sedalia, MO | $26,886,839 | $25,741,187 |
Area Resources For Community And Human Services St Louis, MO | $7,485,781 | $21,715,515 |
Kreider Services Inc Dixon, IL | $7,634,045 | $20,356,792 |
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Boulder Crest Foundation Bluemont, VA | $39,968,822 | $23,145,930 |
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