Hope Restored Missions
- Assets
- $390.1k
- Revenue
- $416.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Plano, TX
- Founding
- Data as of
- 12/2023
- EIN
- 84-2252859
Organization Overview
Hope Restored Missions is located in Plano, TX. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 12/2023, Hope Restored Missions employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Restored Missions 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 12/2023, Hope Restored Missions generated $416.0k in total revenue. All expenses for the organization totaled $371.0k during the year ending 12/2023. While expenses have increased by 84.7% per year over the past 3 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ON A FOUNDATION OF LOVE AND SUPPORT, HOPE RESTORED MISSIONS HELPS THE MOST VULNERABLE IN OUR COMMUNITY BY MEETING THEIR IMMEDIATE NEEDS, BUILDING RELATIONSHIPS, AND PROVIDING RESOURCES THAT PUT THEM ON A PATH TO SELF-SUSTAINABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HRM SUPPORT CENTER PROVIDES ASSISTANCE WITH ID PROCUREMENT; HOUSING; EMPLOYMENT; EMERGENCY FOOD, CLOTHING, AND TRANSPORTATION, AND CASE MANAGEMENT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharron Gray Secretary | OfficerTrustee | 40 | $53,343 |
Kathy Smith COO | Trustee | 40 | $1,850 |
Tamara Monroe Founder And CEO | OfficerTrustee | 60 | $0 |
Adrienne Long Chairwoman | OfficerTrustee | 10 | $0 |
Anthony Wilson Director Technology | Trustee | 5 | $0 |
Landis Ford Treasurer | OfficerTrustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $230,758 |
| All other contributions, gifts, grants, and similar amounts not included above | $185,243 |
| Noncash contributions included in lines 1a–1f | $79,269 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $416,001 |
| 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 | $416,001 |
| 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. | $53,343 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $61,036 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,926 |
| Payroll taxes | $8,991 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $9,426 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,200 |
| Advertising and promotion | $0 |
| Office expenses | $4,763 |
| Information technology | $53,915 |
| Royalties | $0 |
| Occupancy | $72,163 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,033 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,109 |
| Insurance | $5,673 |
| All other expenses | $8,544 |
| Total functional expenses | $371,047 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,738 |
| Savings and temporary cash investments | $20,577 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,500 |
| 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 | $93,415 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $172,833 |
| Total assets | $390,063 |
| Accounts payable and accrued expenses | $4,885 |
| Grants payable | $0 |
| Deferred revenue | $8,833 |
| 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 | $190,956 |
| Total liabilities | $204,674 |
| Net assets without donor restrictions | $178,572 |
| Net assets with donor restrictions | $6,817 |
| 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 | $390,063 |