Hope Local
- Assets
- $62.7k
- Revenue
- $175.2k
- Investments
- $0.0
- Employees
- 4
- Location
- Fort Worth, TX
- Founding
- 01/2016
- Data as of
- 12/2020
- EIN
- 47-4761927
Organization Overview
Hope Local is located in Fort Worth, TX. The organization was established in 2016. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2020, Hope Local employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Local 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 12/2020, Hope Local generated $175.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $219.9k during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
HOPE LOCAL HELPS VULNERABLE KIDS AND FAMILIES THROUGH ADVOCATION INITIATIVES AND TRAINING FOR LOCAL FAITH-BASED ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDED FAMILY ADOPTION ASSISTANCE, CHURCH LEADERSHIP TRAINING, CONSULTATIONS WITH CHURCH STAFF TO DEVELOP ORPHAN CARE MINISTRIES, ASSISTED WITH DEALING WITH VARIOUS CHILD ADVOCACY AGENCIES BY ENGAGING WITH LOCAL CHURCHES, THE COMMUNITY, AND NATIONAL AND INTERNATIONAL CHILD ADVOCACY AGENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Reidland President | OfficerTrustee | 40 | $0 |
Jeff Klingenberg Member | Trustee | 2 | $0 |
Landon Dwyer Member | Trustee | 2 | $0 |
David Simpson Secretary | Trustee | 2 | $0 |
Curtis Woodliff Treasurer | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $13,285 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $161,952 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $175,237 |
| 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 | $175,237 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $419 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $79,971 |
| Compensation of current officers, directors, key employees. | $3,999 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $88,415 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,584 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,767 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,808 |
| Advertising and promotion | $13,294 |
| Office expenses | $12,410 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,709 |
| Travel | $2,910 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $728 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $117 |
| Total functional expenses | $219,895 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,888 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $831 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $62,719 |
| Accounts payable and accrued expenses | $0 |
| 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 | $49,748 |
| Total liabilities | $49,748 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $12,971 |
| 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 | $62,719 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hope Local has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Jes Edwards Foundation Fort Worth, TX PURPOSE: BRAVE RECRUITMENT PROGRAM | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trinity Christian Center Of Santa Ana Inc Fort Worth, TX | $220,989,355 | $120,975,345 |
Central Missionary Clearinghouse Inc Houston, TX | $6,419,067 | $44,656,736 |
Parish Episcopal School Dallas, TX | $99,531,938 | $38,441,453 |
Omega Charitable Developers Inc Houston, TX | $6,275,678 | $33,763,984 |
Rightnow Ministries International McKinney, TX | $45,408,215 | $33,884,225 |
Newman International Academy Arlington, TX | $46,580,877 | $32,428,105 |
Pine Cove Inc Tyler, TX | $43,410,564 | $33,919,246 |
Interfaith Ministries For Greater Houston Houston, TX | $17,611,753 | $29,868,273 |
Bible Study Fellowship San Antonio, TX | $20,886,435 | $27,831,196 |
Hosanna Albuquerque, NM | $66,066,591 | $27,487,086 |
Apartment Life Inc Bedford, TX | $5,807,926 | $23,558,847 |
Liberty Educational Ministries Inc Argyle, TX | $56,879,806 | $25,424,585 |