Hope Center Of Edmond
- Assets
- $1.4m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 34
- Location
- Edmond, OK
- Founding
- 06/1985
- Data as of
- 03/2023
- EIN
- 73-1242610
Organization Overview
Hope Center Of Edmond is located in Edmond, OK. The organization was established in 1985. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 03/2023, Hope Center Of Edmond employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Center Of Edmond 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 03/2023, Hope Center Of Edmond generated $1.6m in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $1.9m during the year ending 03/2023. 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
PROVIDE BASIC EMERGENCY NEEDS TO PEOPLE IN THE GREATER EDMOND AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE BASIC NECESSITIES TO LOW INCOME FAMILIES IN THE AREA OF FOOD, CLOTHING, SHELTER AND REFERRAL SERVICES
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 |
|---|---|---|---|
Scott Monetti Chairman | Trustee | 5 | $0 |
Jeff Massad Treasurer | Trustee | 5 | $0 |
Tami Wilkinson Secretary | Trustee | 5 | $0 |
Joshua Brock Past Chairman | Trustee | 5 | $0 |
Lori Dickinson Black Board | Trustee | 5 | $0 |
Caleb Coldwater Board | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $170,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $300,062 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $470,062 |
| Total Program Service Revenue | $675,332 |
| Investment income | $4,846 |
| 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 | $438,385 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,588,625 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $839,506 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $117,043 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $600,917 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $28,076 |
| Payroll taxes | $57,560 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,857 |
| Advertising and promotion | $2,844 |
| Office expenses | $39,120 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $94,640 |
| Travel | $3,166 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,329 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,119 |
| Insurance | $44,659 |
| All other expenses | $5,760 |
| Total functional expenses | $1,877,596 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $716,911 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $117,653 |
| 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 | $15,729 |
| Net Land, buildings, and equipment | $539,243 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50,927 |
| Total assets | $1,440,463 |
| Accounts payable and accrued expenses | $25,709 |
| 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 | $25,709 |
| Net assets without donor restrictions | $1,414,754 |
| 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 | $1,440,463 |