Center Of Hope
- Assets
- $7.9m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 30
- Location
- Anniston, AL
- Founding
- 08/2004
- Data as of
- 07/2022
- EIN
- 63-1275738
Organization Overview
Center Of Hope is located in Anniston, AL. The organization was established in 2004. According to its NTEE Classification (F21) the organization is classified as: Substance Abuse Prevention, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 07/2022, Center Of Hope employed 30 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center Of Hope 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 generated $4.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $3.1m during the year ending 07/2022. While expenses have increased by 1.8% 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
AID THOSE IN RECOVERY FROM SUBSTANCE ABUSE BY PROVIDING FOOD, CLOTHING, AND HOUSING. THE COUNSELORS PROVIDE EMOTIONAL AND SPIRITUAL SUPPORT. ORGANIZATION OPERATES A THRIFT STORE AS THE PRIMARY SOURCE OF FUNDS TO PROVIDE THESE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE A WAREHOUSE AND THRIFT STORE AS THE PRIMARYSOURCE OF FUNDS TO PROVIDE CHRISTIAN COUNSELING SERVICES.
PROVIDE AID IN TANZANIA AFRICA TO INCLUDE SUPPORT FOR MISSIONS AND VARIOUS WATER PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Garry Burns Director | OfficerTrustee | 65 | $104,000 |
Shawn Danford Operation Dir | OfficerTrustee | 40 | $28,600 |
Jerry Graham Vice President | Officer | 1 | $0 |
Mack Huckaby Board Member | Officer | 1 | $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 | $4,297,866 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,297,866 |
| Total Program Service Revenue | $173,352 |
| 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 | $4,471,218 |
| 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. | $132,600 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $499,020 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $48,319 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,629 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,592 |
| Office expenses | $17,769 |
| Information technology | $2,330 |
| Royalties | $0 |
| Occupancy | $738,674 |
| Travel | $61,843 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $58,693 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $242,251 |
| Insurance | $237,751 |
| All other expenses | $719,980 |
| Total functional expenses | $3,069,020 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $765,864 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,500 |
| 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 | $7,103,078 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,223 |
| Other assets | $0 |
| Total assets | $7,876,665 |
| Accounts payable and accrued expenses | $82,531 |
| 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 | $181,839 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $264,370 |
| Net assets without donor restrictions | $7,612,295 |
| 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 | $7,876,665 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Center Of Hope has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Horne Family Charitable Foundation Birmingham, AL PURPOSE: GENERAL SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Florida Alcohol And Drug Abuse Association Inc Tallahassee, FL | $3,621,122 | $16,106,803 |
Tri-County Human Services Inc Lakeland, FL | $13,786,011 | $18,025,715 |
Stars Nashville Nashville, TN | $8,528,213 | $7,722,259 |
Cdac Behavioral Healthcare Inc Pensacola, FL | $3,907,303 | $4,911,652 |
Center Of Hope Anniston, AL | $7,876,665 | $4,471,218 |
Pasco Sheriffs Charities Inc New Port Richey, FL | $822,228 | $2,632,360 |
Agency For Substance Abuse Prevention Oxford, AL | $1,101,476 | $2,237,232 |
Substance Abuse Council Of Indian River County Inc Vero Beach, FL | $1,195,474 | $1,971,822 |
Charlotte Alliance For A Safe And Drug Free Community Port Charlotte, FL | $647,435 | $1,340,034 |
Gwinnett United In Drug Education Inc Lawrenceville, GA | $719,280 | $1,261,110 |
Pride Integrated Services Inc West Palm Beach, FL | $87,215 | $1,185,150 |
Informed Families The Florida Family Partnership Inc Miami, FL | $2,298,267 | $893,546 |