Hope Springs Incorporated
- Assets
- $360.0k
- Revenue
- $552.7k
- Investments
- $0.0
- Employees
- 16
- Location
- Attica, IN
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 46-5567730
Organization Overview
Hope Springs Incorporated is located in Attica, IN. The organization was established in 2015. According to its NTEE Classification (L41) the organization is classified as: Homeless Shelters, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Hope Springs Incorporated employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Springs Incorporated 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, Hope Springs Incorporated generated $552.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.1% each year . All expenses for the organization totaled $502.3k during the year ending 12/2021. 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
TO PROVIDE SAFE RESIDENCE IN EMERGENCY SITUATIONS, AND LONGER TERM HOUSING WITH A CHRIST-CENTERED ATMOSPHERE FOR WOMEN AND THEIR DEPENDENT CHILDREN COMING OUT OF DOMESTIC VIOLENCE SITUATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SAFE RESIDENCE IN EMERGENCY SITUATIONS, AND LONGER TERM HOUSING WITH A CHRIST-CENTERED ATMOSPHERE FOR WOMEN AND THEIR DEPENDENT CHILDREN COMING OUT OF DOMESTIC VIOLENCE SITUATIONS.
TO PROVIDE SAFE RESIDENCE IN EMERGENCY SITUATIONS, AND LONGER TERM HOUSING WITH A CHRIST-CENTERED ATMOSPHERE FOR WOMEN AND THEIR DEPENDENT CHILDREN COMING OUT OF DOMESTIC VIOLENCE SITUATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marsha Brown Secretary | Officer | $0 | |
Jerry Badgley President | Officer | $0 | |
Dan Douglas Director | Officer | $0 | |
Jane Haddock Director | Officer | $0 | |
Jennifer Larson Haussin Director | Officer | $0 | |
Cindy Mason Treasurer | Officer | $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 | $552,491 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $552,491 |
| Total Program Service Revenue | $0 |
| Investment income | $5 |
| 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 | $552,717 |
| 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 | $256,004 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $22,941 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,497 |
| 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 | $136,304 |
| Advertising and promotion | $0 |
| Office expenses | $20,776 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,164 |
| Travel | $7,236 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,794 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,219 |
| Insurance | $7,371 |
| All other expenses | $0 |
| Total functional expenses | $502,306 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,293 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $95,003 |
| 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 | $10,681 |
| Net Land, buildings, and equipment | $163,603 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $411 |
| Other assets | $0 |
| Total assets | $359,991 |
| Accounts payable and accrued expenses | $21,344 |
| 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 | $21,344 |
| Net assets without donor restrictions | $245,031 |
| Net assets with donor restrictions | $93,616 |
| 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 | $359,991 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Hope Springs Incorporated has recieved totaling $55,156.
| Awarding Organization | Amount |
|---|---|
United Way Of Greater Lafayette & Tippecanoe County Lafayette, IN PURPOSE: COVID | $23,500 |
Indiana Coalition Against Domestic Violence Inc Indianapolis, IN PURPOSE: RAPID HOUSING FOR SURVIVORS | $19,468 |
Bauer Family Resources Inc Lafayette, IN PURPOSE: DOMESTIC VIOLENCE PR | $12,150 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $38 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
City Union Mission Inc Kansas City, MO | $45,807,179 | $22,233,320 |
Connections For The Homeless Inc Evanston, IL | $3,076,427 | $13,787,312 |
The Fort Wayne Rescue Mission Ministries Inc Fort Wayne, IN | $18,135,638 | $8,056,165 |
Hvaf Of Indiana Inc Indianapolis, IN | $15,568,459 | $14,316,615 |
Hope Center Inc Lexington, KY | $15,963,477 | $9,458,031 |
Dupage P A D S Inc Wheaton, IL | $16,069,911 | $10,468,502 |
Restart Inc Kansas City, MO | $6,621,835 | $7,572,954 |
Guest House Of Milwaukee Inc Milwaukee, WI | $4,668,756 | $7,591,185 |
Porchlight Inc Madison, WI | $20,932,700 | $8,054,019 |
La Casa Norte Chicago, IL | $17,596,315 | $9,177,000 |
Depaul Usa Inc Chicago, IL | $9,840,575 | $10,359,318 |
Home Of The Sparrow Inc McHenry, IL | $8,853,100 | $7,775,187 |