Placer Family Housing Non-Profit Organization, operating under the name Acres of Hope, is located in Auburn, CA. The organization was established in 2006. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Acres of Hope employed 32 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Acres of Hope 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 12/2022, Acres of Hope generated $2.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. While expenses have increased by 7.0% per year over the past 8 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
THE MISSION OF ACRES OF HOPE IS TO IMPROVE THE PHYSICAL, EMOTIONAL, SOCIAL, ECONOMIC, AND SPIRITUAL QUALITY OF LIFE FOR HOMELESS WOMEN AND THEIR CHILDREN. WE ACCOMPLISH THIS BY IDENTIFYING AND REPLACING FAULTY BELIEF SYSTEMS THAT DRIVE DESTRUCTIVE BEHAVIORS WITH BIBLICALLY BASED TRUTHS AND HEALTHY LIFE SKILLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022, WE RECEIVED THE PAYROLL TAX CREDIT WHICH WAS RECLAIMED INCOME FROM THE COVID RECESSION. WE WERE HAPPY TO HAVE RECEIVED OVER $800,000 IN DONATIONS. WE ALSO SUCCESSFULLY TRANSITIONED EXECUTIVE DIRECTORS. WE REUNIFIED CHILDREN OUT OF FOSTER CARE AND INTO THE LOVING ARMS OF A HEALTHY, STABLE MOM. WE GRADUATED ADDITIONAL WOMEN WITH CHILDREN INTO THE COMMUNITY AS STRONG, INDEPENDENT, HEALTHY FAMILIES WHO ARE ABLE TO SUPPORT THEMSELVES AND THEIR CHILDREN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lisa Risdal Executive Director (outgoing) | Trustee | 40 | $141,702 |
Marnel Sexton Executive Director | Trustee | 40 | $25,723 |
Ken Raskin Vice-Chair | OfficerTrustee | 5 | $0 |
John Hoffman Secretary | OfficerTrustee | 5 | $0 |
Doug Clifford Treasurer | OfficerTrustee | 5 | $0 |
Gregg Hall Chair | OfficerTrustee | 5 | $0 |
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 | $1,183,063 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,183,063 |
Total Program Service Revenue | $18,018 |
Investment income | -$5,212 |
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 | $809,748 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,005,617 |
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 | $167,425 |
Other salaries and wages | $701,162 |
Pension plan accruals and contributions | $17,836 |
Other employee benefits | $0 |
Payroll taxes | $125,885 |
Fees for services: Management | $0 |
Fees for services: Legal | $848 |
Fees for services: Accounting | $42 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,476 |
Advertising and promotion | $8,413 |
Office expenses | $17,049 |
Information technology | $10,767 |
Royalties | $0 |
Occupancy | $461,873 |
Travel | $32,033 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,966 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $38,400 |
Insurance | $53,583 |
All other expenses | $0 |
Total functional expenses | $1,720,953 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,256,876 |
Savings and temporary cash investments | $0 |
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 | $3,000 |
Net Land, buildings, and equipment | $1,699,361 |
Investments—publicly traded securities | $33,728 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $3,992,965 |
Accounts payable and accrued expenses | $3,901 |
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 | $3,901 |
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 | $3,989,064 |
Total liabilities and net assets/fund balances | $3,992,965 |
Over the last fiscal year, we have identified 7 grants that Placer Family Housing Non-Profit Organization has recieved totaling $74,869.
Awarding Organization | Amount |
---|---|
National Christian Charitable Foundation Inc Fort Mill, SC PURPOSE: HUMAN SERVICES | $30,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $13,119 |
National Community Foundation Wilmington, DE PURPOSE: GENERAL SUPPORT | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $8,700 |
Placer Community Foundation Auburn, CA PURPOSE: Health & Human Services | $7,250 |
The Carol Moss Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Next Move Homeless Services Sacramento, CA | $8,447,671 | $14,808,521 |
Homeward Bound Of Marin Novato, CA | $46,962,235 | $20,804,885 |
Berkeley Student Cooperative Inc Berkeley, CA | $57,970,092 | $10,593,922 |
Alameda County Homeless Action Center Berkeley, CA | $12,265,605 | $9,695,945 |
Operation Dignity Inc Oakland, CA | $4,987,460 | $8,555,959 |
On The Rise Inc Barstow, CA | $1,107,215 | $5,933,526 |
East County Transitional Living Center Inc El Cajon, CA | $1,910,869 | $5,548,107 |
Century Villages At Cabrillo Inc Culver City, CA | $30,721,110 | $4,907,626 |
Dignitymoves San Francisco, CA | $10,348,267 | $5,610,876 |
Ascencia Glendale, CA | $5,834,475 | $6,191,753 |
Grandmas House Of Hope Anaheim, CA | $3,883,799 | $4,297,846 |
House Of Refuge Inc Mesa, AZ | $3,568,215 | $2,806,174 |