Bringing Hope Inc
- Assets
- $1.4m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 43
- Location
- Houston, TX
- Founding
- 10/2008
- Data as of
- 12/2021
- EIN
- 26-2557755
Organization Overview
Bringing Hope Inc, operating under the name Home Of Hope Texas, is located in Houston, TX. The organization was established in 2008. According to its NTEE Classification (P62) the organization is classified as: Victims Services, under the broad grouping of Human Services and related organizations. As of 12/2021, Home Of Hope Texas employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Home Of Hope Texas 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, Home Of Hope Texas generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.9% each year . All expenses for the organization totaled $881.4k during the year ending 12/2021. While expenses have increased by 13.5% 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
THE ORGANIZATION IS BUILDING A LONG-TERM REHABILITATION CENTER FOR VICTIMS OF HUMAN TRAFFICKING AND SEX SLAVERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES HOUSING AND REHABILITATION FOR VICTIMS OF HUMAN TRAFFICKING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amber Sharp Exec Director | Officer | 40 | $80,980 |
Robert Hogan Chairman | OfficerTrustee | 5 | $0 |
Susan Nordin President | OfficerTrustee | 5 | $0 |
Michael White Secretary | OfficerTrustee | 5 | $0 |
Mark D Brennon Director | Trustee | 2 | $0 |
Richard A Vega Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $193,503 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,560,266 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,753,769 |
| Total Program Service Revenue | $262,436 |
| 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 | -$7,407 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,023,628 |
| 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. | $80,980 |
| Compensation of current officers, directors, key employees. | $16,196 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $383,542 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,921 |
| Payroll taxes | $38,635 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,856 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $46,718 |
| Advertising and promotion | $1,477 |
| Office expenses | $23,887 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $61,264 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,072 |
| Interest | $7,643 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,881 |
| Insurance | $26,160 |
| All other expenses | $0 |
| Total functional expenses | $881,442 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $209,020 |
| 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 | $1,172,124 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,381,144 |
| 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 | $100,000 |
| Other liabilities | $4,578 |
| Total liabilities | $104,578 |
| Net assets without donor restrictions | $0 |
| 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 | $134,380 |
| Retained earnings, endowment, accumulated income, or other funds | $1,142,186 |
| Total liabilities and net assets/fund balances | $1,381,144 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Bringing Hope Inc has recieved totaling $56,088.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $41,356 |
Greater Houston Community Foundation Houston, TX PURPOSE: HUMAN SERVICES | $14,732 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childsafe San Antonio, TX | $24,213,654 | $5,686,697 |
Trulight127 Ministries Inc Seguin, TX | $1,858,708 | $4,677,706 |
Bay Area Turning Point Inc Webster, TX | $2,857,788 | $3,872,836 |
Jensen Project Inc Dallas, TX | $41,780 | $3,659,795 |
Avda Houston, TX | $5,674,641 | $4,616,657 |
Brighter Tomorrows Inc Irving, TX | $1,095,496 | $2,706,178 |
Familytime Crisis And Counseling Center Humble, TX | $3,305,575 | $1,696,909 |
Desert View Inc Farmington, NM | $1,259,336 | $2,256,024 |
Women & Children First The Center Against Family Violence Little Rock, AR | $823,373 | $1,729,983 |
United Against Human Trafficking Houston, TX | $374,335 | $1,568,549 |
Capital Area Family Violence Battered Womens Pro Baton Rouge, LA | $2,513,885 | $2,181,314 |
Dallas Area Rape Crisis Center Dallas, TX | $497,222 | $1,446,339 |