Center Of Hope Inc
- Assets
- $4.2m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 3
- Location
- Wichita, KS
- Founding
- 09/1955
- Data as of
- 07/2022
- EIN
- 48-0578624
Organization Overview
Center Of Hope Inc is located in Wichita, KS. The organization was established in 1955. According to its NTEE Classification (L82) the organization is classified as: Housing Expense Reduction Support, under the broad grouping of Housing & Shelter and related organizations. As of 07/2022, Center Of Hope Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center Of 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 07/2022, Center Of Hope Inc generated $2.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $2.5m during the year ending 07/2022. While expenses have increased by 8.1% per year over the past 7 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
HOMELESS PREVENTION
Describe the Organization's Program Activity:
Part 3 - Line 4a
A TOTAL OF 3,799 FAMILES, 9,162 PERSONS WERE ASSISTED TO PREVENT HOMELESSNESS WITH RENT AND UTILITY ASSISTANCE. IN ADDITION 1,310 HOUSEHOLDS WERE ASSISTED WITH UTILITY ASSISTANCE THROUGH THE PROJECT DESERVE PROGRAM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Dinkel Executive Director | OfficerTrustee | 55 | $79,210 |
Robin Needham Director | Trustee | $0 | |
Angela Mccoy Director | Trustee | $0 | |
Katie Link Director | Trustee | $0 | |
Sheila Mcguire Director | Trustee | $0 | |
Janice Yaeger Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $95,669 |
| Related organizations | $0 |
| Government grants | $245,095 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,536,800 |
| Noncash contributions included in lines 1a–1f | $1,349 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,877,564 |
| Total Program Service Revenue | $0 |
| Investment income | $179,679 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $26,532 |
| 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 | $2,083,775 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,178,026 |
| 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. | $79,210 |
| Compensation of current officers, directors, key employees. | $7,921 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $87,357 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,808 |
| Payroll taxes | $10,634 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,270 |
| Office expenses | $15,481 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,450 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,735 |
| Insurance | $7,338 |
| All other expenses | $7,903 |
| Total functional expenses | $2,475,907 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,101,323 |
| Savings and temporary cash investments | $5,155 |
| Pledges and grants receivable | $4,900 |
| 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 | $330,443 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $2,781,014 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,222,835 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $59,159 |
| 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 | $59,159 |
| Net assets without donor restrictions | $1,374,700 |
| Net assets with donor restrictions | $2,788,976 |
| 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 | $4,222,835 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Center Of Hope Inc has recieved totaling $1,484,608.
| Awarding Organization | Amount |
|---|---|
United Way Of The Plains Wichita, KS PURPOSE: GRANT AWARDS AND DESIGNATIONS | $798,086 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $504,800 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $112,722 |
Vess Family Foundation Wichita, KS PURPOSE: UNRESTRICTED GENERAL FUND | $30,000 |
Good Neighbor Fund Inc Wichita, KS PURPOSE: PROVIDE EMERGENCY ASSISTANCE TO SPIRIT EMPLOYEES AND THE ADMINISTRATIVE COSTS FOR PROVIDING THE SERVICE | $30,000 |
Charles & Matilda Weeks Foundation Wichita, KS PURPOSE: BENEFIT CHARITIES OF S CENTRAL KS | $4,000 |
Endowment Analysis
| Beg. Balance | $3,150,912 |
| Earnings | -$231,976 |
| Admin Expense | $6,917 |
| Net Contributions | $2,150 |
| Other Expense | $128,000 |
| Ending Balance | $2,786,169 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Choctaw Home Finance Corporation Hugo, OK | $41,603,896 | $2,950,150 |
Center Of Hope Inc Wichita, KS | $4,222,835 | $2,083,775 |
Chwc Inc Kansas City, KS | $3,102,238 | $1,323,048 |
Homesfund Durango, CO | $12,692,092 | $1,385,427 |
Cof Independent Living Inc Ottawa, KS | $1,106,037 | $467,599 |
Osage Financial Resources Inc An Oklahoma Non Profit Corporation Pawhuska, OK | $4,289,875 | $172,546 |
Sense Of Security Inc Denver, CO | $269,275 | $148,497 |
Leaderone Lending A Hand Foundation Overland Park, KS | $157,899 | $0 |
Community For Christ Outreach Center Inc Sunrise Beach, MO | $265,755 | $0 |
Realtors Housing Assistance Fund Of Real Estate Board Of Met St Louis St Louis, MO | $12,414 | $0 |
Lowry Community Land Trust Denver, CO | $0 | $315 |
Oklahoma Housing Foundation Oklahoma City, OK | $251,504 | $0 |