West Fort Worth Center Of Hope Inc
- Assets
- $219.2k
- Revenue
- $331.1k
- Investments
- $0.0
- Employees
- 8
- Location
- Fort Worth, TX
- Founding
- 09/2019
- Data as of
- 06/2024
- EIN
- 84-1890465
Organization Overview
West Fort Worth Center Of Hope Inc is located in Fort Worth, TX. The organization was established in 2019. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 06/2024, West Fort Worth Center Of Hope Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Fort Worth Center 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 06/2024, West Fort Worth Center Of Hope Inc generated $331.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $313.6k during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
WEST FORT WORTH CENTER OF HOPE IS A 501(C)(3) NONPROFIT ORGANIZATION PURPOSED TO HELP FAMILIES IN OUR COMMUNITY THRIVE. BY BUILDING TRUSTING RELATIONSHIPS, WE HELP STRUGGLING FAMILIES FIND STABILITY. ONCE ACHIEVED, WE MOVE FORWARD WITH THEM TO DEVELOP A PLAN OF ACTION TO GUIDE THEM TO SELF-SUFFICIENCY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT SERVICES - CONNECTS WITH YOUNG ADULTS, ADULTS AND/OR FAMILIES TO ENCOURAGE AND SUPPORT THEM SO THEY CAN ATTAIN A HIGHER LEVEL OF SELF- SUFFICIENCY. OVER 80 FAMILIES RECEIVED PARTIAL RENT ASSISTANCE WHICH ALLOWED THEM TO REMAIN IN THEIR HOMES WHICH IS CRITICAL FOR FAMILY STABILITY. EMERGENCY GROCERY FUNDS FED THOUSANDS OF INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Dean Board Chair | OfficerTrustee | $0 | |
Sherry Mckenzie Board Member | Trustee | $0 | |
Jeff Turner Board Member | Trustee | $0 | |
Thomas Watson Treasurer | OfficerTrustee | $0 | |
Patti Young Secretary | OfficerTrustee | $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 | $331,076 |
| Noncash contributions included in lines 1a–1f | $7,538 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $331,076 |
| 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 | $331,076 |
| 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 | $114,867 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,787 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $180 |
| Office expenses | $15,986 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $43,227 |
| 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 | $2,177 |
| Insurance | $2,808 |
| All other expenses | $9,700 |
| Total functional expenses | $313,606 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $207,629 |
| 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 | $1,696 |
| Net Land, buildings, and equipment | $9,882 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $219,207 |
| Accounts payable and accrued expenses | $1,807 |
| 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 | $1,807 |
| Net assets without donor restrictions | $215,900 |
| Net assets with donor restrictions | $1,500 |
| 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 | $219,207 |