House Of Hope Kentucky Inc
- Assets
- $1.7m
- Revenue
- $203.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Louisville, KY
- Founding
- 04/2004
- Data as of
- 12/2023
- EIN
- 51-0475765
Organization Overview
House Of Hope Kentucky Inc is located in Louisville, KY. The organization was established in 2004. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. House Of Hope Kentucky 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 12/2023, House Of Hope Kentucky Inc generated $203.7k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $195.6k during the year ending 12/2023. While expenses have increased by 12.3% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO REACH AND HELP WOMEN WHO STRUGGLE WITH ALCOHOL AND CHEMICAL DEPENDENCY; TO OFFER ASSISTANCE AND RESOURCES TO WOMEN WHILE GOING THROUGH THE REHABILITATION PROCESS; TO PROVIDE A SAFE ENVIRONMENT AND SHELTER TO HOMELESS WOMEN; TO PROVIDE AFTER-CARE FOLLOW-UP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSE OF HOPE PROVIDES ASSISTANCE AND RESOURCES TO WOMEN WHILE GOING THROUGH THE REHABILITATION PROCESS, A SAFE ENVIRONMENT AND SHELTER TO HOMELESS WOMEN, AND AFTER-CARE FOLLOW-UP. APARTMENTS OF HOPE IS AN EXTENSION OF THE MISSION OF HOUSE OF HOPE, AND PROVIDES HIGH QUALITY, AFFORDABLE, 2-BEDROOM SOBER-LIVING APARTMENTS. HOUSE OF HOPE RESIDENTS CAN TRANSITION INTO PERMANENT HOUSING LOCATED NEXT DOOR TO THEIR SOBRIETY SUPPORT SYSTEM, INCREASING THEIR OPPORTUNITY FOR CONTINUED SUCCESS IN THEIR SUBSTANCE ABUSE RECOVERY. HOMES OF HOPE PROVIDES HOUSING FOR WOMEN IN THE PROGRAM WHO HAVE CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tangy Hunter-Hughes President | OfficerTrustee | 40 | $60,361 |
Edna Parker-Effinger Treasurer | OfficerTrustee | 0.5 | $0 |
Robert Smith Assistant Secretary | OfficerTrustee | 0.5 | $0 |
George Foree Vice President | OfficerTrustee | 0.5 | $0 |
Sherrie Bethea Secretary | OfficerTrustee | 0.5 | $0 |
Financial Statements
| 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 | $56,845 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,845 |
| Total Program Service Revenue | $146,878 |
| Investment income | $13 |
| 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 | $203,736 |
| 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 | $0 |
| Other salaries and wages | $46,780 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,849 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,918 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $21,556 |
| Advertising and promotion | $0 |
| Office expenses | $2,276 |
| Information technology | $780 |
| Royalties | $0 |
| Occupancy | $24,165 |
| Travel | $2,669 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,438 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $14,267 |
| All other expenses | $1,892 |
| Total functional expenses | $195,573 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $137,417 |
| Savings and temporary cash investments | $160 |
| 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 | $1,485,633 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $59,081 |
| Total assets | $1,682,291 |
| Accounts payable and accrued expenses | $4,265 |
| 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 | $1,301,344 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,305,609 |
| 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 | $376,682 |
| Total liabilities and net assets/fund balances | $1,682,291 |