New Hope Of Mcdowell
- Assets
- $501.6k
- Revenue
- $566.9k
- Investments
- $0.0
- Employees
- 27
- Location
- Marion, NC
- Founding
- 10/1984
- Data as of
- 06/2022
- EIN
- 56-1379760
Organization Overview
New Hope Of Mcdowell is located in Marion, NC. The organization was established in 1984. According to its NTEE Classification (P43) the organization is classified as: Family Violence Shelters, under the broad grouping of Human Services and related organizations. As of 06/2022, New Hope Of Mcdowell employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Hope Of Mcdowell 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 06/2022, New Hope Of Mcdowell generated $566.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $413.2k during the year ending 06/2022. While expenses have increased by 4.8% 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
SHELTER
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING SHELTER FOR VICTIMS OF DOMESTIC VIOLENCE AND RAPE THERAPY SESSIONS, COURT ADVOCACY, AND COMMUNITY EDUCATION FOR VICTIMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kala Mashburn Board Member | Officer | 2 | $0 |
Karen Hicks Board Member | Officer | 2 | $0 |
Sandra Mckinney Board Member | Officer | 2 | $0 |
Christopher Burns Board Member | Officer | 2 | $0 |
Harlan Barnes Board Member | Officer | 5 | $0 |
Travis Morgan Board Member | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $459,448 |
| All other contributions, gifts, grants, and similar amounts not included above | $94,206 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $553,654 |
| 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 | $13,234 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $566,888 |
| 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 | $231,311 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $15,888 |
| Payroll taxes | $26,267 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,404 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,675 |
| Advertising and promotion | $347 |
| Office expenses | $2,282 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,706 |
| 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 | $12,607 |
| Insurance | $12,047 |
| All other expenses | $4,070 |
| Total functional expenses | $413,234 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $435,949 |
| Savings and temporary cash investments | $0 |
| 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 | $65,656 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $501,605 |
| Accounts payable and accrued expenses | $4,389 |
| 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 | $4,389 |
| Net assets without donor restrictions | $497,216 |
| 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 | $501,605 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that New Hope Of Mcdowell has recieved totaling $1,058.
| Awarding Organization | Amount |
|---|---|
Boldon Foundation Inc Marion, NC PURPOSE: PUBLIC WELL-BEING | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $58 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Family Violence Prevention Center Inc Raleigh, NC | $11,285,134 | $5,650,674 |
Partnership Against Domestic Violence Atlanta, GA | $8,123,394 | $6,061,197 |
Safe Harbor Inc Greenville, SC | $4,721,911 | $4,738,277 |
Helpmate Inc Asheville, NC | $2,773,392 | $3,420,225 |
Loudoun Citizens For Social Justice Inc Leesburg, VA | $3,102,633 | $2,952,777 |
Diakonos Inc Statesville, NC | $6,030,254 | $3,414,585 |
Women Moving On Inc Decatur, GA | $1,864,687 | $2,598,619 |
Safe Home-Rape Crisis Coalition Spartanburg, SC | $2,704,979 | $2,398,060 |
Battered Womens Shelter Inc Valdosta, GA | $2,853,949 | $2,504,708 |
Womens Resource Center Of The New River Valley Radford, VA | $1,926,835 | $2,556,523 |
The Laurel Center Intervention For Domestic & Sexual Violence Winchester, VA | $8,329,472 | $3,318,144 |
Empowerhouse Fredericksburg, VA | $3,796,058 | $2,497,669 |