Giving Hope Inc
- Assets
- $90.9k
- Revenue
- $821.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Denton, TX
- Founding
- 08/1987
- Data as of
- 12/2021
- EIN
- 75-2117176
Organization Overview
Giving Hope Inc is located in Denton, TX. The organization was established in 1987. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Giving 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 12/2021, Giving Hope Inc generated $821.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $731.8k during the year ending 12/2021. 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
HOMELESSNESS PREVENTION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION ASSISTED INDIVIDUALS AND FAMILIES WHO WHERE HOMELESS OR POTENTIALLY HOMELESS BY PROVIDING FINANCIAL ASSISTANCE AS WELL AS LIFE SKILLS COUNSELING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tyheshiah Scott Executive Director | 40 | $22,756 | |
Leighanne Sanchez Executive Director | Officer | 40 | $21,709 |
Connie Mitchell Secretary | Officer | 1 | $0 |
Pat Cheek Director | Officer | 1 | $0 |
Jason Stewart President | Officer | 1 | $0 |
Stephanie Siddle Director | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $27,479 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $507,270 |
| All other contributions, gifts, grants, and similar amounts not included above | $287,132 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $821,881 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $821,881 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $431,388 |
| 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 | $258,008 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Advertising and promotion | $1,384 |
| Office expenses | $10,474 |
| Information technology | $4,441 |
| Royalties | $0 |
| Occupancy | $871 |
| Travel | $1,783 |
| 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 | $0 |
| Insurance | $12,615 |
| All other expenses | $0 |
| Total functional expenses | $731,798 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,909 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $90,909 |
| Accounts payable and accrued expenses | $0 |
| 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 | $24,409 |
| Other liabilities | $0 |
| Total liabilities | $24,409 |
| Net assets without donor restrictions | $66,500 |
| 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 | $90,909 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Giving Hope Inc has recieved totaling $16.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $16 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Albuquerque Health Care For The Homeless Inc Albuquerque, NM | $9,726,634 | $8,408,602 |
Our House Inc Little Rock, AR | $15,828,581 | $11,214,750 |
Opportunity Center For The Homeless El Paso, TX | $20,816,950 | $9,935,734 |
Hope Supply Co Dallas, TX | $2,313,655 | $6,023,810 |
Vogel Alcove Dallas, TX | $4,661,178 | $11,705,552 |
Ending Community Homelessness Coalition Inc Austin, TX | $5,453,245 | $6,627,043 |
Other Ones Foundation Inc Austin, TX | $713,831 | $3,411,297 |
Lighthouse For The Homeless Fort Worth, TX | $15,370,482 | $1,203,504 |
Steelbridge Ministries Albuquerque, NM | $4,191,258 | $2,008,143 |
Union Rescue Mission Inc Little Rock, AR | $3,011,536 | $1,552,287 |
Casa Marianella Austin, TX | $5,043,272 | $2,857,650 |
Casa De Peregrinos Inc Las Cruces, NM | $1,546,785 | $1,701,397 |