Amer-Haitian Bon Zami Inc
- Assets
- $570.0k
- Revenue
- $228.9k
- Investments
- $5.5k
- Employees
- 2
- Location
- Elizabethton, TN
- Founding
- 06/1980
- Data as of
- 06/2024
- EIN
- 43-1202008
Organization Overview
Amer-Haitian Bon Zami Inc, operating under the name House Of Hope, is located in Elizabethton, TN. The organization was established in 1980. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2024, House Of Hope employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. House Of 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 06/2024, House Of Hope generated $228.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $320.6k during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
HOUSE OF HOPE IS A REGISTERED CHILDREN'S HOME THAT PROVIDES A SAFE, LOVING HOME FOR ORPHANED OR ABANDONED CHILDREN UNTIL THEY REACH YOUNG ADULTHOOD. CARE INCLUDES MEETING THE PHYSICAL, EDUCATIONAL, EMOTIONAL, AND SPIRITUAL NEEDS OF OUR CHILDREN IN A FAMILY SETTING. THE GOAL IS TO LOVE OUR CHILDREN AND PREPARE THEM FOR ADULTHOOD, SO THEY CAN GROW AND THRIVE IN HAITIAN SOCIETY. HOUSE OF HOPE IS A REGISTERED CHILDREN'S HOME FOR AGES 3-18. HOUSE OF HOPE IS SUPPORTED THROUGH CHILD SPONSORSHIP PROGRAMS AND GENEROUS DONORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SHORT-TERM MISSION TEAMS ARE HOSTED, AS NEEDED. VOLUNTEERS TRAVEL TO HAITI TO OFFER UNIQUE PERSPECTIVES, SKILLS, OR TRADES THAT MAY NOT BE READILY AVAILABLE OR ACCESSIBLE IN HAITI. EXPENSES FOR THESE TEAMS DO NOT COME OUT OF OPERATING FUNDS OR OTHER DONATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Clark President | OfficerTrustee | 10 | $0 |
Phil Hight Vice President | OfficerTrustee | 6 | $0 |
Elizabeth Clark Treasurer | OfficerTrustee | 24 | $0 |
William Laingen Director | Trustee | 1 | $0 |
Jeffrey Roth Director | Trustee | 1 | $0 |
Joshua Boone Director | Trustee | 3 | $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 | $228,850 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $228,850 |
| Total Program Service Revenue | $0 |
| Investment income | $92 |
| 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 | $228,942 |
| 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. | $48,030 |
| Compensation of current officers, directors, key employees. | $48,030 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $459 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,000 |
| Fees for services: Accounting | $2,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $150 |
| Fees for services: Other | $2,505 |
| Advertising and promotion | $0 |
| Office expenses | $2,182 |
| 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 | $11,632 |
| Insurance | $0 |
| All other expenses | $12,840 |
| Total functional expenses | $320,625 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,841 |
| 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 | $445,616 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,516 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $569,973 |
| 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 | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $569,973 |
| Total liabilities and net assets/fund balances | $569,973 |