Hope Impacts
- Assets
- $284.4k
- Revenue
- $284.6k
- Investments
- $0.0
- Employees
- 8
- Location
- Katy, TX
- Founding
- 09/2014
- Data as of
- 12/2022
- EIN
- 47-1164626
Organization Overview
Hope Impacts is located in Katy, TX. The organization was established in 2014. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 12/2022, Hope Impacts employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Impacts 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, Hope Impacts generated $284.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $273.8k during the year ending 12/2022. While expenses have increased by 8.1% per year over the past 4 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
OFFERING SUPPORT SYSTEMS FOR THOSE EXPERIENCING HOMELESSNESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLIENT ADVOCACY: WE GET TO KNOW EACH CLIENT AND CONNECT THEM WITH SERVICES THAT MEET THEIR NEEDS. CASE MANAGEMENT: A CUSTOM RECOVER PLAN IS CREATED FOR EVERY CLIENT. SUPPERS & SHOWERS: WE PROVIDE FOR THE MOST BASIC NEEDS OF OUR CLIENTS. MONTHLY OUTREACH LUNCH: WE PROVIDE MEALS TO THOSE WHO ARE EXPERIENCING HOMELESSNESS. CLIENT SERVICES: MAIL, COMPUTER USE, PHONE USE, SHOWERS BIBLE STUDIES: PRACTICAL SKILLS, BIBLICAL TEACHING, & BUILDING SUPPORTIVE COMMUNITY. REFERRALS TO PARTNER ORGANIZATIONS: OUR NETWORK HELPS TAKE PEOPLE FROM HOMELESS TO HOUSED. TRANSPORTATION: WE PICK UP AND DROP OFF CLIENTS FOR EACH PROGRAM AND MEDICAL APPOINTMENTS AS NEEDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mitch Tillman President | OfficerTrustee | 1 | $0 |
Beverly Allen Secretary | OfficerTrustee | 1 | $0 |
Rebecca Harrison Treasurer | OfficerTrustee | 1 | $0 |
Saul Cerda Director | Trustee | 0.5 | $0 |
Jaclyn Day Director | Trustee | 0.5 | $0 |
Frank Hart Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $75,512 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $209,056 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $284,568 |
| Total Program Service Revenue | $0 |
| Investment income | $1 |
| 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 | $284,569 |
| 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. | $54,600 |
| Compensation of current officers, directors, key employees. | $40,472 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $105,031 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,455 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,935 |
| Advertising and promotion | $147 |
| Office expenses | $6,241 |
| Information technology | $8,027 |
| Royalties | $0 |
| Occupancy | $11,618 |
| Travel | $2,159 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,653 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,990 |
| Insurance | $1,898 |
| All other expenses | $33,346 |
| Total functional expenses | $273,750 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,048 |
| Savings and temporary cash investments | $102,080 |
| 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 | $0 |
| Net Land, buildings, and equipment | $54,274 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $284,402 |
| Accounts payable and accrued expenses | $3,607 |
| 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 | $3,607 |
| Net assets without donor restrictions | $280,795 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $284,402 |