Hopehouse International Inc
- Assets
- $1.2m
- Revenue
- $546.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Ooltewah, TN
- Founding
- 12/2000
- Data as of
- 05/2024
- EIN
- 62-1801954
Organization Overview
Hopehouse International Inc is located in Ooltewah, TN. The organization was established in 2000. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 05/2024, Hopehouse International Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopehouse International 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 05/2024, Hopehouse International Inc generated $546.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $417.7k during the year ending 05/2024. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 6 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
HOPEHOUSE INTERNATIONAL PROVIDES AID AND HOUSING TO FAMILIES ADOPTING ORPHANS IN UKRAINE AND ADJACENT EUROPEAN COUNTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AID TO FAMILIES-AS OUTLINED IN ITS MISSION, HOPEHOUSE INTERNATIONAL (THE ORGANIZATION) PROVIDES AID AND HOUSING TO FAMILIES ADOPTING ORPHANS IN UKRAINE AND ADJACENT COUNTRIES. ADDITIONALLY, THE ORGANIZATION PROVIDES SOUL-CARE THERAPEUTIC CURRICULUM AND SEMINARS TO TRAIN ADOPTIVE AND FOSTER PARENTS TO USE TANGIBLE, CONCRETE METHODS THAT WILL EQUIP CHILDREN/TEENS/YOUNG ADULTS TO CREATE HEALTHY, EMOTIONAL ATTACHMENTS LEADING FAMILIES FROM BROKENESS TO WHOLENESS. THE ORGANIZATION ALSO PROVIDES WORKFORCE DEVELOPMENT TRAINING AND PLACEMENT FOR ORPHANS AND THEIR FAMILIES.
ORPHAN AWARENESS-THE ORGANIZATION IS ACTIVELY INVOLVED IN RAISING AWARENESS ABOUT THE ORPHAN CRISIS IN UKRAINE AND ADJACENT COUNTRIES. THIS IS ACHIEVED THROUGH (A) PERIODIC FUNDRAISING AND AWARENESS GALAS IN SELECT CITIES IN THE USA, (B) PRESENTATION TO CHURCHESS IN VARIOUS LOCATIONS, (C) MONTHLY INFORMATION ABOUT FAMILIES THAT HAVE ADOPTED ORPHANS THROUGH THE ORGANIZATION, (D) SOCIAL MEDIA, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Turner Chairman/director | OfficerTrustee | 20 | $0 |
Deneen Turner President/director | OfficerTrustee | 40 | $98,198 |
Gene Riley Treasurer/director | OfficerTrustee | 6 | $0 |
Tom Bledsoe Director | Trustee | 2 | $0 |
Leah Kay Gabriel Vice Chair/director | OfficerTrustee | 2 | $0 |
Denise Hildreth Jones Director | Trustee | 2 | $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 | $532,027 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $532,027 |
| Total Program Service Revenue | $0 |
| Investment income | $14,489 |
| 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 | $546,516 |
| 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 | $189,225 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $98,198 |
| Compensation of current officers, directors, key employees. | $14,730 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $56,369 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,824 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $80 |
| Fees for services: Accounting | $7,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $7,989 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,550 |
| Travel | $859 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $224 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,352 |
| Insurance | $22,266 |
| All other expenses | $0 |
| Total functional expenses | $417,668 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,723 |
| Savings and temporary cash investments | $1,099,063 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,370 |
| 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 | $3,187 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,157,343 |
| Accounts payable and accrued expenses | $5,468 |
| 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 | $5,468 |
| Net assets without donor restrictions | $1,149,875 |
| Net assets with donor restrictions | $2,000 |
| 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 | $1,157,343 |