House For Hope Inc
- Assets
- $148.0
- Revenue
- $34.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Shreveport, LA
- Founding
- 07/2010
- Data as of
- 12/2019
- EIN
- 80-0523111
Organization Overview
House For Hope Inc is located in Shreveport, LA. The organization was established in 2010. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. House For 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 12/2019, House For Hope Inc generated $34.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (32.6%) each year. All expenses for the organization totaled $22.0k during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE ORGANIZATION SHALL BE TO RAISE FUNDS TO BE USED TO FURTHER THE MISSION OF NON-PROFIT ORGANIZATIONS IN NORTHWEST LOUISIANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ON AN ANNUAL BASIS, HOUSE FOR HOPE, INC. BUILDS A RESIDENCE IN THE SHREVEPORT/BOSSIER AREA AND SELLS $100 RAFFLE TICKETS WITH THE HOUSE AS THE GRAND PRIZE. THERE ARE ADDITIONAL PRIZES GIVEN AWAY AS WELL. THE PROFITS FROM THE EVENT ARE DONATED TO LOCAL CHARITIES. THE HOME BUILDERS ASSOCIATION OF NORTHWEST LOUISIANA SOLICITS DONATIONS AND FACILITATES THE CONSTRUCTION OF THE HOUSE. IN 2019, THE RAFFLE ENTAILED A GRAND PRIZE DRAWING OF A KITCHEN MAKEOVER, VALUED AT $12,000. ADDITIONAL PRIZES WERE JEWELRY GIFT CARD $1,000, TV VALUED AT $1,000 AND VISA GIFT CARD $500.
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 |
|---|---|---|---|
Dixey Robertson Secretary/treasurer | Officer | 2 | $0 |
Matt Jenkins President | Officer | 8 | $0 |
Jennifer Hammons Director | Trustee | 1 | $0 |
David Leeth Director | Trustee | 1 | $0 |
Jim Fine Director | Trustee | 1 | $0 |
Brad Rivers Director | Trustee | 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 | $1,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,500 |
| 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 | $33,057 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $34,557 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $19,462 |
| 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 | $0 |
| 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 | $1,135 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $0 |
| Insurance | $533 |
| All other expenses | $908 |
| Total functional expenses | $22,038 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $148 |
| 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 | $148 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $148 |
| Total liabilities and net assets/fund balances | $148 |
Grants Awarded
Over the last fiscal year, House For Hope Inc has awarded $19,462 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Shreveport, LA PURPOSE: TO FURTHER THE ORGANIZATION'S CHARITABLE MISSION | $9,731 |
Shreveport, LA PURPOSE: TO FURTHER THE ORGANIZATION'S CHARITABLE MISSION | $9,731 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Houston Golf Charity The Woodlands, TX | $3,025,396 | $6,171,949 |
Amoud Foundation Irving, TX | $3,623,753 | $6,777,014 |
Rice Re Holdings Iii Houston, TX | $189,919,833 | -$4,482,268 |
Hab Charitable Corporation Fort Worth, TX | $0 | $8,699,388 |
Ssb Charitable Corporation Fort Worth, TX | $58,885,873 | $7,421,686 |
Chive Charities Austin, TX | $275,460 | $2,652,488 |
Teneo Network Inc Austin, TX | $2,908,016 | $4,934,396 |
Marlene Nathan Meyerson Family Foundation Dallas, TX | $607,475 | $1,580,847 |
Webber Family Foundation Austin, TX | $16,109,859 | $1,226,381 |
Bookworm Box Llc Sulphur Springs, TX | $458,059 | $1,085,184 |
George H Dunklin Jr Charitable Foundation Stuttgart, AR | $15,909,080 | $2,491,199 |
Philanthropitch Austin, TX | $128,369 | $996,373 |