Hopes Place Inc
- Assets
- $641.6k
- Revenue
- $950.4k
- Investments
- $0.0
- Employees
- 16
- Location
- Ashland, KY
- Founding
- 03/1997
- Data as of
- 12/2021
- EIN
- 31-1501089
Organization Overview
Hopes Place Inc is located in Ashland, KY. The organization was established in 1997. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 12/2021, Hopes Place Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopes Place 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 12/2021, Hopes Place Inc generated $950.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $927.1k during the year ending 12/2021. While expenses have increased by 14.4% 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
OPERATION OF A CHILDREN'S ADVOCACY PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOPE'S PLACE WAS ESTABLISHED IN 1997 TO PROVIDE SERVICES AND TREATMENT FOR SEXUALLY ABUSED CHILDREN. DURING 2021, MORE THAN 300 VICTIMS BENEFITED FROM THESE SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawn Boggs President | OfficerTrustee | $0 | |
William Bottoms Secretary | OfficerTrustee | $0 | |
Mandy Wheeler Vice Preside | OfficerTrustee | $0 | |
Sarah Gabbard Director | Trustee | $0 | |
Brian Dickerson Director | Trustee | $0 | |
Jane Gilkerson Director | Trustee | $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 | $862,069 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $862,069 |
| Total Program Service Revenue | $0 |
| Investment income | $136 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $29,105 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $59,136 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $950,446 |
| 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 | $569,940 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $157,532 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $37,814 |
| Advertising and promotion | $415 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,204 |
| Travel | $13,178 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,594 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $34,835 |
| Insurance | $10,863 |
| All other expenses | $545 |
| Total functional expenses | $927,144 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $743 |
| Savings and temporary cash investments | $104,152 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $147,950 |
| 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 | $3,856 |
| Net Land, buildings, and equipment | $384,869 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $641,570 |
| Accounts payable and accrued expenses | $3,579 |
| Grants payable | $0 |
| Deferred revenue | $47,919 |
| 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 | $100,380 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,909 |
| Total liabilities | $161,787 |
| Net assets without donor restrictions | $477,144 |
| Net assets with donor restrictions | $2,639 |
| 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 | $641,570 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Hopes Place Inc has recieved totaling $174,713.
| Awarding Organization | Amount |
|---|---|
Pallottine Foundation Of Huntington West Virginia Huntington, WV PURPOSE: TO SUPPORT THE ORGANIZATION WITH RESOURCES TO BRING IT TO THE NEXT LEVEL OF OPERATIONAL, PROGRAMMIC, FINANCIAL, OR ORGANIZATIONAL MATURITY. | $50,000 |
Pallottine Foundation Of Huntington West Virginia Huntington, WV PURPOSE: TO PROVIDE SUPPORT FOR THREE EVIDENCE-BASED EDUCATION AND PREVENTION TRAININGS, OFFER SUPPORT GROUPS, AND HOST A SERIES OF ONE-DAY WORKSHOPS TO NON-OFFENDING PARENTS AND OTHER COMMUNITY MEMBERS. | $49,962 |
United Way Of Northeast Kentucky Ashland, KY PURPOSE: CHILD COUNSELING | $22,500 |
United Way Of Northeast Kentucky Ashland, KY PURPOSE: CHILD COUNSELING | $22,500 |
Aes Restaurant Foundation Inc Carmel, IN PURPOSE: Various | $11,500 |
Marathon Petroleum Foundation Inc Findlay, OH PURPOSE: SAFETY AND SECURITY FUND | $10,000 |
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Aunt Marthas Health And Wellness Inc Olympia Fields, IL | $54,790,181 | $76,869,739 |
Home Of The Innocents Louisville, KY | $65,936,373 | $44,982,651 |
Choices Coordinated Care Solutions Inc Indianapolis, IN | $31,601,317 | $38,735,699 |
Jewish Child And Family Services Chicago, IL | $66,913,873 | $39,925,385 |
Childrens Bureau Inc Indianapolis, IN | $23,244,857 | $37,565,375 |
Integrated Services For Behavioral Health Nelsonville, OH | $33,594,068 | $34,760,134 |
Childrens Home Society Of West Virginia Charleston, WV | $19,571,379 | $26,416,852 |
Lighthouse Youth Services Inc Cincinnati, OH | $7,557,404 | $23,482,768 |
Sunrise Childrens Services Mt Washington, KY | $37,970,472 | $27,965,095 |
Sjo Kids Inc Cincinnati, OH | $24,649,719 | $25,113,868 |
Child Focus Inc Cincinnati, OH | $13,889,925 | $19,676,752 |