Hrs True Hope
- Assets
- $207.5k
- Revenue
- $495.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Georgetown, TX
- Founding
- 02/2008
- Data as of
- 12/2021
- EIN
- 20-5347588
Organization Overview
Hrs True Hope is located in Georgetown, TX. The organization was established in 2008. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. Hrs True Hope 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 12/2021, Hrs True Hope generated $495.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.0% each year . All expenses for the organization totaled $416.4k during the year ending 12/2021. While expenses have increased by 21.8% per year over the past 7 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
HRS TRUEHOPE SUPPORTS THE DISADVANTAGED WITH BASIC NEEDS, EDUCATION AND INFRASTRUCTURE TO IMPROVE QUALITY OF LIFE AND PROMOTE INDEPENDENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HRS TRUEHOPE TEAMS WITH LOCAL ORGANIZATIONS AND CHURCHES IN PIEDRAS NEGRAS AND SURROUNDING AREAS AS PART OF A STRATEGY TO SUPPORT CHILDREN AND THE COMMUNITY. ALONG WITH THE PARTNER ORGANIZATIONS, FUNDS HAVE BEEN SECURED FOR THE PURCHASE OF LAND AND ARCHITECTURAL DRAWINGS IN ORDER TO PUT UP A PERMANENT BUILDING AND UPGRADE BASEBALL FIELDS AND EXPAND THE YOUTH PROGRAM TO INCLUDE GIRLS SOFTBALL AND CO-ED SOCCER PROGRAMS. THE HUMANITARIAN OUTREACH INCLUDES SPONSORING A PROGRAM TO SERVE MEALS TO FAMILIES AT THE COMMUNITY HOSPITAL EMERGENCY ROOM, GATHERING FOOD AND CLOTHING TO PROVIDE FOR THE NEEDY IN THE COMMUNITY AND PROVIDING FOOD AT THE FOOD PANTRY. THE SOCIAL WORK THIS ORGANIZATION PERFORMS IN THE COMMUNITY INCLUDES ASSISTING CHILDREN WITH AFTER SCHOOL TUTORING AND PROVIDING FREE MEDICAL SERVICES AND MEDICATION. HRS TRUEHOPE ALSO CREATED OPPORTUNITY THROUGH SPONSORSHIP FOR SEVERAL ORPHANS ENABLING THEM TO CONTINUE TO ATTEND ELEMENTARY SCHOOL AND HIGH SCHOOL AND TRADE SCHOOLS INCLUDING COSMETOLOGY AND NURSING SCHOOL.
HRS TRUEHOPE TEAMS WITH THE SHELTER CHILDREN'S HOME IN KENYA AFRICA TO PROVIDE BASIC NEEDS TO TARGET CHILDREN, WHICH INCLUDE SHELTER, FOOD, CLOTHING, HEALTH CARE, EDUCATION AND RECREATION ACTIVITIES. REHABILITATION OF CHILDREN BY ENABLING THEM TO ACQUIRE HUMAN DIGNITY, SELF-RELIANCE AND SELF-ESTEEM THROUGH COUNSELING, LIFE SKILLS, NOURSHIMENT, AND CONTINUOUS CAPACITY BUILDING; EMPOWERING AND ENGAGING THE COMMUNITY ON ISSUES REGARDING CHILDREN RIGHTS, THROUGH FORUMS, TRAINING AND SEMINARS.HRS TRUEHOPE TEAMS WITH AMANNA TRUST ORGANIZATION TO PROVIDE FOR THE EDUCATION AND BOARDING EXPENSES OF CHILDEN ATTENDING SECONDARY SCHOOL AND ATTENDING A LOCAL COLLEGE OR UNIVERSITY. THE ORGANIZATION ASSISTS THE STUDENTS IN SECURING DALIY LIVING NEEDS AS WELL AS EMOTIONAL AND PERSONAL SUPPORT FOR THE TRANSITION FROM THE ORPHANAGE TO SELF-SUSTAINED LIVING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacquelyn M Holcomb Director | Officer | 3 | $0 |
Mark L Rehmann Director | Officer | 3 | $0 |
David Shiramizu Director | Officer | 1 | $0 |
Melissa Shiramizu Director | Officer | 1 | $0 |
Joel A Holcomb Director | Officer | 6 | $0 |
Eileen I Rehmann Director | Officer | 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 | $495,753 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $495,753 |
| Total Program Service Revenue | $0 |
| Investment income | $13 |
| 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 | $495,766 |
| 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 | $396,807 |
| 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 | $9,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,943 |
| Advertising and promotion | $0 |
| Office expenses | $132 |
| Information technology | $357 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $416,389 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $204,272 |
| 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 | $3,250 |
| Total assets | $207,522 |
| 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 | $207,522 |
| 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 | $207,522 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Hrs True Hope has recieved totaling $53,541.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $26,970 |
Christian Development Foundation Inc Solana Beach, CA PURPOSE: GENERAL FUND | $15,000 |
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: GENERAL OPERATING | $11,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $71 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Legett Foundation Abilene, TX | $82,883,497 | $23,683,505 |
Kickapoo Springs Foundation Abilene, TX | $72,184,356 | $14,228,741 |
L S U Property Foundation Baton Rouge, LA | $15,333,183 | $5,972,139 |
Gibbs Christian Education Foundation Inc Owasso, OK | $5,420,863 | $1,976,079 |
Liberty Ukraine Foundation Austin, TX | $882,212 | $2,684,973 |
Friend Ships Lake Charles, LA | $2,732,214 | $1,634,834 |
Trinity Oaks Enterprises San Antonio, TX | $6,662,220 | $1,110,541 |
At&t Employee Relief Fund Dallas, TX | $5,954,314 | $1,646,484 |
The Manna Center Siloam Springs, AR | $826,207 | $1,196,710 |
Holt Foundation San Antonio, TX | $3,165,417 | $1,736,930 |
Pauls Valley General Hospital Foundation Pauls Valley, OK | $1,892,753 | $1,057,903 |
Wilson Charitable Tr Jacksonville, AR | $1,312,947 | $53,064 |