Hannahs Hope Inc
- Assets
- $89.0k
- Revenue
- $275.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Bartlett, TN
- Founding
- 10/2002
- Data as of
- 12/2021
- EIN
- 38-3650616
Organization Overview
Hannahs Hope Inc is located in Bartlett, TN. The organization was established in 2002. According to its NTEE Classification (P31) the organization is classified as: Adoption, under the broad grouping of Human Services and related organizations. As of 12/2021, Hannahs Hope Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hannahs Hope 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, Hannahs Hope Inc generated $275.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $291.9k during the year ending 12/2021. While expenses have increased by 3.1% 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
THE PURPOSE OF HANNAH'S HOPE IS TO DEVELOP AND ADMINISTER PROGRAMS DESIGNED TO PROMOTE THE WELFARE OF CHILDREN. THE FOCUS IS ON HELPING PREGNANT WOMEN IN CRISIS EXPLORE HEALTHY OPTIONS, PROVIDING THE OPTION OF ADOPTING AND SUPPORTING CHILDREN, PREGNANT WOMEN AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICE ACCOMPLISHMENTS DURING THE YEAR: HOME STUDIES PROGRAM TO ENSURE THAT WE GET TO KNOW OUR ADOPTIVE FAMILIES IN ORDER TO BEST MEET THE NEEDS OF CHILDREN. PROVIDED ADOPTIVE PARENT COUNSELING TO SUPPORT GUIDANCE IN DISCERNING THE BEST ADOPTION OPTIONS PROVIDED SUPPORT FOR AGENCY/DOMESTIC PLACEMENTS, PRIVATE PLACEMENTS AND PLACEMENT OF CHILDREN WITH SPECIAL NEEDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Katrina Morrison Executive Director | Officer | 40 | $40,815 |
Vicki Vinson Secretary | OfficerTrustee | 2 | $0 |
Libba Walker Fyke Chairperson | OfficerTrustee | 2 | $0 |
Kristin Fox-Trautman Treasurer | OfficerTrustee | 2 | $0 |
Jessica Lott Vice Chairperson | OfficerTrustee | 2 | $0 |
Rev Tondala Hayward Board Member | Trustee | 2 | $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 | $20,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,000 |
| Total Program Service Revenue | $158,524 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $96,427 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $275,277 |
| 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. | $87,596 |
| Compensation of current officers, directors, key employees. | $39,419 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $65,520 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $58,610 |
| Payroll taxes | $8,591 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,632 |
| Advertising and promotion | $8,577 |
| Office expenses | $3,960 |
| Information technology | $0 |
| 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 | $5,850 |
| All other expenses | $491 |
| Total functional expenses | $291,866 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,215 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,164 |
| 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 | $3,639 |
| 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 | $89,018 |
| Accounts payable and accrued expenses | $5,452 |
| 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 | $49,300 |
| Other liabilities | $0 |
| Total liabilities | $54,752 |
| Net assets without donor restrictions | $34,266 |
| 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 | $89,018 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Hannahs Hope Inc has recieved totaling $14,000.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $8,000 |
O Sullivan Family Charitable Foundation Birmingham, AL PURPOSE: CHARITABLE | $5,000 |
Community Foundation Of Greater Memphis Inc Memphis, TN PURPOSE: GENERAL OPERATIONAL SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lifeline Childrens Services Inc Birmingham, AL | $5,315,386 | $13,427,614 |
Shaohannahs Hope Inc Franklin, TN | $15,328,618 | $10,121,458 |
Harmony Family Center Inc Knoxville, TN | $2,827,338 | $6,099,153 |
Kids To Love Foundation Madison, AL | $5,050,870 | $4,234,902 |
Open Door Adoption Agency Inc Thomasville, GA | $2,770,172 | $1,438,862 |
Sacred Selections Murfreesboro, TN | $2,145,758 | $2,474,312 |
New Beginnings International Children And Family Services Tupelo, MS | $1,113,349 | $1,220,043 |
Shared Beginnings Fayetteville, AR | $298,271 | $1,175,777 |
Ordinary Hero Foundation Inc Brentwood, TN | $310,762 | $1,112,744 |
National Council For Adoption Alexandria, VA | $1,556,052 | $937,635 |
Christian Family Services Inc Webster Groves, MO | $1,417,871 | $1,074,925 |
Carolina Adoption Services Inc Greensboro, NC | $224,647 | $630,565 |