Sanctified Hope Inc
- Assets
- $527.6k
- Revenue
- $470.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Weatherford, TX
- Founding
- 11/2015
- Data as of
- 12/2021
- EIN
- 47-4734949
Organization Overview
Sanctified Hope Inc is located in Weatherford, TX. The organization was established in 2015. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sanctified 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, Sanctified Hope Inc generated $470.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 30.9% each year . All expenses for the organization totaled $217.5k during the year ending 12/2021. While expenses have increased by 27.5% per year over the past 6 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
A CHRISTIAN TRANSITIONAL HOME FOR FORMERLY INCARCERATED WOMEN OFFERING HOUSING, TRAINING, EDUCATION, AND LIFE SKILLS LEADING TO SUCCESSFUL ENTRY INTO SOCIETY
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMPOWERING AND GUDING FORMERLY INCARCERATED WOMEN THROUGH A CHRIST BASED MINISTRY TO INSPIRE LIFELONG CHANGES AND HELP THEM TO BECOME SUCCESSFUL CITIZENS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Duvall Chairperson | Officer | 40 | $0 |
Sonya Lee Treasurer | Officer | 4 | $0 |
Kathy Manning Vice Chair | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $23,800 |
| All other contributions, gifts, grants, and similar amounts not included above | $406,700 |
| Noncash contributions included in lines 1a–1f | $12,505 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $430,500 |
| 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 | -$989 |
| Net Income from Fundraising Events | $40,833 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $470,344 |
| 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. | $38,924 |
| Compensation of current officers, directors, key employees. | $38,924 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $66,389 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,323 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $0 |
| Advertising and promotion | $821 |
| Office expenses | $2,409 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,307 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,909 |
| Insurance | -$1,083 |
| All other expenses | $35,500 |
| Total functional expenses | $217,495 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,795 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $25 |
| 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 | $405,796 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $527,616 |
| Accounts payable and accrued expenses | $2,222 |
| 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 | $70,383 |
| Secured mortgages and notes payable | $120,436 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $193,041 |
| Net assets without donor restrictions | $334,575 |
| 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 | $527,616 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sanctified Hope Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $10,000 |
Endowment Analysis
Peer Organizations
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|---|---|---|
Ragin Cajun Facilities Inc Lafayette, LA | $263,550,740 | $22,159,335 |
University Facilities Inc Hammond, LA | $142,004,479 | $18,110,312 |
The Macguire Center El Paso, TX | $178,858 | $665,370 |
Projecthandup Grapevine, TX | $51,069,660 | $5,731,956 |
Boles Childrens Home Inc Quinlan, TX | $12,043,794 | $1,742,939 |
Temenos Community Development Corpo Ration Houston, TX | $5,605,357 | -$300,037 |
Empower 225 Baton Rouge, LA | $1,080,614 | $2,677,785 |
Reynolds House Non-Profit Corporation El Paso, TX | $703,756 | $1,361,764 |
Reflection Ministries Of Texas Inc Midland, TX | $2,559,712 | $2,275,639 |
Covenant Recovery Inc Pine Bluff, AR | $956,380 | $1,711,087 |
New Orleans Women & Childrens Shelter Inc New Orleans, LA | $1,027,149 | $1,948,703 |
Inter-Cooperative Council At University Of Texas Inc Austin, TX | $6,304,599 | $1,430,552 |