Hope Center Inc
- Assets
- $537.2k
- Revenue
- $362.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Fairhope, AL
- Founding
- 05/2010
- Data as of
- 12/2021
- EIN
- 80-0361932
Organization Overview
Hope Center Inc is located in Fairhope, AL. The organization was established in 2010. According to its NTEE Classification (E70) the organization is classified as: Public Health, under the broad grouping of Health Care and related organizations. As of 12/2021, Hope Center Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Center 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, Hope Center Inc generated $362.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $278.1k during the year ending 12/2021. While expenses have increased by 7.7% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE CHARITABLE AND RELIGIOUS SUPPORT TO ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE CHARITABLE AND RELIGIOUS SUPPORT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Creel President | OfficerTrustee | 10 | $0 |
Gregg Dixon Secretary | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,809 |
| All other contributions, gifts, grants, and similar amounts not included above | $268,729 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $296,538 |
| Total Program Service Revenue | $65,746 |
| Investment income | $73 |
| 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 | $362,357 |
| 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 | $147,617 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $43,866 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,480 |
| Office expenses | $2,692 |
| Information technology | $892 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $8,920 |
| Insurance | $15,771 |
| All other expenses | $48,938 |
| Total functional expenses | $278,086 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,300 |
| Savings and temporary cash investments | $121,001 |
| 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 | $304,917 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $537,218 |
| Accounts payable and accrued expenses | $13,099 |
| 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 | $13,099 |
| Net assets without donor restrictions | $524,119 |
| 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 | $537,218 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hope Center Inc has recieved totaling $10,321.
| Awarding Organization | Amount |
|---|---|
Mapp Fam Foundation Tr Point Clear, AL PURPOSE: GENERAL CHARITABLE PURPOSE | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $321 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Health Systems Facilities Inc Gray, GA | $11,137,362 | $87,801,207 |
Appalachian Mountain Project Access Johnson City, TN | $1,105,071 | $31,691,594 |
Mckinney Medical Center Inc Waycross, GA | $3,252,302 | $15,518,624 |
Partnership Health Center Inc Valdosta, GA | $1,458,604 | $11,973,905 |
Health Planning Council Of Sw Fla Fort Myers, FL | $3,751,405 | $12,073,667 |
Palmetto Health Council Inc Palmetto, GA | $16,262,807 | $12,244,139 |
Chota Community Health Services Madisonville, TN | $17,550,852 | $15,242,557 |
The Camellia Foundation Inc Memphis, TN | $1,181,110 | $5,773,841 |
Alpha-1 Foundation Inc Miami, FL | $35,496,616 | $10,890,084 |
Navicent Health Foundation Inc Macon, GA | $121,557,512 | $13,994,096 |
Atlanta Harm Reduction Coalition Atlanta, GA | $5,121,572 | $5,212,096 |
Muslim American Social Services Inc Jacksonville, FL | $674,703 | $4,551,864 |