Hopes Wings Inc
- Assets
- $1.1m
- Revenue
- $391.6k
- Investments
- $0.0
- Employees
- 12
- Location
- Richmond, KY
- Founding
- 04/2006
- Data as of
- 06/2021
- EIN
- 20-4496496
Organization Overview
Hopes Wings Inc is located in Richmond, KY. The organization was established in 2006. According to its NTEE Classification (P43) the organization is classified as: Family Violence Shelters, under the broad grouping of Human Services and related organizations. As of 06/2021, Hopes Wings Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopes Wings 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 06/2021, Hopes Wings Inc generated $391.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $404.2k during the year ending 06/2021. While expenses have increased by 1.7% per year over the past 6 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
OPERATION OF A SHELTER FOR ABUSED WOMEN AND CHILDREN
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SHELTER FOR ABUSED WOMEN AND CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terri Johnson Secretary | Officer | 0 | $0 |
Leslie Stapp Vice Chairman | Officer | 0 | $0 |
Jennie Haymond Treasurer | Officer | 0 | $0 |
Judy Ridings Chairman | Officer | 0 | $0 |
Debbie Vescio Board Member | Trustee | 0 | $0 |
Stephen Johnson Board Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $276,508 |
| All other contributions, gifts, grants, and similar amounts not included above | $61,928 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $338,436 |
| 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 | $53,189 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $391,625 |
| 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 | $217,101 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,780 |
| Payroll taxes | $19,356 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,090 |
| Advertising and promotion | $2,128 |
| Office expenses | $7,188 |
| Information technology | $4,517 |
| Royalties | $0 |
| Occupancy | $35,303 |
| Travel | $974 |
| 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 | $20,646 |
| Insurance | $16,345 |
| All other expenses | $0 |
| Total functional expenses | $404,154 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $334,329 |
| 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 | $698,089 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,851 |
| Total assets | $1,050,269 |
| 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 | $1,050,269 |
| 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 | $1,050,269 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hopes Wings Inc has recieved totaling $30,086.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $30,086 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oneeighty Inc Wooster, OH | $15,014,641 | $8,648,899 |
Hope House Inc Lees Summit, MO | $8,015,289 | $7,453,441 |
Family Rescue Chicago, IL | $4,345,587 | $6,134,565 |
Battered Womens Shelter Akron, OH | $11,413,687 | $7,089,718 |
Choices For Victims Of Domestic Violence Worthington, OH | $18,178,866 | $4,274,227 |
Ion Center For Violence Prevention Inc Covington, KY | $5,182,143 | $5,029,177 |
Mutual Ground Inc Aurora, IL | $6,341,255 | $4,516,289 |
Greenhouse17 Inc Lexington, KY | $2,756,227 | $4,195,634 |
Julian Center Inc Indianapolis, IN | $10,540,801 | $4,319,950 |
Crisis Center For South Suburbia Tinley Park, IL | $3,382,373 | $3,851,008 |
Community Crisis Center Inc Elgin, IL | $5,924,490 | $4,032,692 |
Barren River Area Safe Space Inc Bowling Green, KY | $1,600,097 | $3,494,483 |