Home Of Hope Inc
- Assets
- $9.5m
- Revenue
- $17.6m
- Investments
- $0.0
- Employees
- 174
- Location
- Vinita, OK
- Founding
- 06/1968
- Data as of
- 06/2021
- EIN
- 73-6119494
Organization Overview
Home Of Hope Inc is located in Vinita, OK. The organization was established in 1968. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2021, Home Of Hope Inc employed 174 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Of Hope 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 06/2021, Home Of Hope Inc generated $17.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $15.4m during the year ending 06/2021. While expenses have increased by 2.3% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING PEOPLE WITH DEVELOPMENTAL AND OTHER DISABILITIES BY PROMOTING CHOICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY SUPPORT - RESIDENTIAL AND REHABILITATION SERVICES, PLANNING, IMPLEMENTATION, AND ASSESSING INDIVIDUAL NEEDS, COMMUNITY INTEGRATION, SOCIAL RELATIONSHIPS AND NORMALIZATION WITH HOME AND COMMUNITY.
INTERMEDIATE CARE PROGRAMS - HABILITATION AND SUPPORT SERVICES, INDIVIDUAL ASSESSMENTS, PLANNING AND IMPLEMENTATION, AFFIRMING AND PROTECTING RIGHTS OF INDIVIDIDUALS, COMMUNITY INTEGRATION, SOCIAL RELATIONSHIPS AND NORMALIZATION
VOCATIONAL SERVICES - PROVIDE VOCATIONAL ASSESSMENTS, ACTUAL WORK EXPERIENCE, TRAINING AND PLACEMENT SERVI ES TO DEVELOPMENTALLY DISABLED ADULTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Richardson CEO | OfficerTrustee | 29 | $134,327 |
Dena Pitts COO | Officer | 29 | $92,206 |
Joe Frazier CFO | Officer | 29 | $77,517 |
Liza Wenzel VP Pd | OfficerTrustee | 1 | $0 |
Dee Robison President | Officer | 1 | $0 |
Tim Brown VP Operations | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,393,477 |
| All other contributions, gifts, grants, and similar amounts not included above | $626,871 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,020,348 |
| Total Program Service Revenue | $14,549,367 |
| Investment income | $14,762 |
| 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 | $17,584,477 |
| 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 | $9,011,644 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $931,552 |
| Payroll taxes | $705,892 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,842 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,260 |
| Office expenses | $0 |
| Information technology | $141,297 |
| Royalties | $0 |
| Occupancy | $787,875 |
| Travel | $57,051 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $102,546 |
| Interest | $100,419 |
| Payments to affiliates | $20,481 |
| Depreciation, depletion, and amortization | $343,351 |
| Insurance | $646,844 |
| All other expenses | $762,485 |
| Total functional expenses | $15,376,387 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,772,528 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,016,193 |
| 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 | $109,056 |
| Net Land, buildings, and equipment | $4,503,040 |
| Investments—publicly traded securities | $141,813 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,542,630 |
| Accounts payable and accrued expenses | $1,892,193 |
| 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 | $1,422,340 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,314,533 |
| Net assets without donor restrictions | $5,936,000 |
| Net assets with donor restrictions | $292,097 |
| 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 | $9,542,630 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Home Of Hope Inc has recieved totaling $252,026.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $100,000 |
Carl C Anderson Sr And Marie Jo Anderson Charitable Foundation Dallas, TX PURPOSE: HOME OF HOPE EXPANDED DAY PROGRAM PROJECT/GENERAL OPERATIONS | $65,000 |
Organization Name not Listed PURPOSE: ANNUAL BANQUET/COVID-19 DISASTER RESPONSE | | $37,500 |
Sarkeys Foundation Norman, OK PURPOSE: HOME OF HOPE GENERAL OPERATIONS SUPPORT | $30,000 |
E L And Thelma Gaylord Foundation Oklahoma City, OK PURPOSE: GENERAL PURPOSE | $10,000 |
The Kerr Foundation Inc Oklahoma City, OK PURPOSE: TO PURCHASE ADA DOOR KITS (2) AND ELECTRICAL WORK NEEDED FOR INSTALLATION. | $7,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bost Inc Fort Smith, AR | $31,302,190 | $39,844,873 |
Developmental Disabilities Resource Center Lakewood, CO | $33,667,876 | $37,080,304 |
The Whole Person Inc Kansas City, MO | $13,109,410 | $33,207,318 |
Developmental Disabilities Center Lafayette, CO | $29,260,076 | $34,596,273 |
Lakemary Center Inc Paola, KS | $28,512,802 | $30,614,653 |
St Louis Arc Inc St Louis, MO | $31,978,469 | $30,887,504 |
First Step Inc Hot Springs, AR | $25,350,913 | $29,227,176 |
Helping Restore Ability Arlington, TX | $3,378,629 | $25,998,011 |
Goodlife Innovations Inc Lenexa, KS | $8,105,495 | $24,225,204 |
Hhi Services Inc San Antonio, TX | $6,316,586 | $22,157,883 |
Dale Rogers Training Center Inc Oklahoma City, OK | $23,175,089 | $21,069,143 |
Pursuit Foundation Houston, TX | $65,855,899 | $12,885,980 |