Homes Of Promise Limited is located in Las Vegas, NV. According to its NTEE Classification (I40) the organization is classified as: Rehabilitation Services for Offenders, under the broad grouping of Crime & Legal-Related and related organizations. As of 12/2023, Homes Of Promise Limited employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homes Of Promise Limited 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, Homes Of Promise Limited generated $526.8k in total revenue. All expenses for the organization totaled $797.3k during the year ending 12/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
HOMES OF PROMISE OPERATES TEN TRANSITIONAL SOBER-LIVING HOMES IN LOS ANGELES COUNTY, CALIFORNIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOMES OF PROMISE OPERATES TEN TRANSITIONAL SOBER-LIVING HOMES IN LOS ANGELES COUNTY, CALIFORNIA. OUR HOMES HAVE BEEN DESIGNED TO FOSTER COMMUNITY AND ACCOUNTABILITY FOR THOSE WHO ARE SEEKING A HEALTHY LIFESTYLE. OUR MISSION IS TO PROVIDE THOSE WHO ARE BROKEN WITH A SAFE ENVIRONMENT OF LOVE, GRACE, SUPPORT AND ACCOUNTABILITY. WE BELIEVE THAT OUR HOMES PLAY AN IMPORTANT ROLE IN THE EARLY STAGES OF RECOVERY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Seth Johnson Director | OfficerTrustee | 5 | $0 |
Richard Jumper President | Officer | 5 | $0 |
Rob Nombder Secretary | Officer | 5 | $0 |
Daniel Hawkins Treasurer | Officer | 5 | $0 |
Justin Jumper Director | Officer | 5 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $526,802 |
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 | $526,802 |
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 | $113,878 |
Other salaries and wages | $29,827 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $112,961 |
Payroll taxes | $39,083 |
Fees for services: Management | $13,772 |
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 | $21,333 |
Advertising and promotion | $2,854 |
Office expenses | $36,904 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $7,988 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $67,233 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $20,971 |
All other expenses | $55,629 |
Total functional expenses | $797,347 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $56,955 |
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 | $56,955 |
Accounts payable and accrued expenses | $37,064 |
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 | $268,204 |
Total liabilities | $305,268 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $20,000 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | -$268,313 |
Total liabilities and net assets/fund balances | $56,955 |